Casino Operator Tropicana Entertainment LLC Files For Bankruptcy - Quick Facts
(RTTNews) - Casino operator Tropicana Entertainment LLC, an indirect subsidiary of privately held Tropicana Casinos and Resorts, announced the filing of voluntary petitions for bankruptcy. Tropicana specified that nine of the 11 properties owned directly by it are included in the petitions.
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Gambling history facts:
- U.S. News and World Report did a comparison of crime rates in cities with gambling versus those that do not. The crime rates were significantly higher in the places that allowed gambling.
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel. - The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
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