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Park Place Entertainment
Park Place Entertainment, later named Caesars Entertainment, Inc., was a casino company based in Paradise, Nevada. For a time it was the largest casino operator in the world. It was formed in 1998 as a corporate spin-off of the gaming division of Hilton Hotels, and renamed as Caesars Entertainment in 2003. The company was acquired in 2005 by Harrah's Entertainment, which later took on the Caesars Entertainment name. History Hilton's involvement in the gaming industry began in 1947, with its approval to operate what would be the Caribe Hilton Hotel and Casino in Puerto Rico. Other Caribbean casinos followed, including the Havana Hilton and El Panama Hilton. Hilton's international hotels were spun off as a separate company in 1964. Hilton returned to gaming in 1970, buying a controlling interest in Kirk Kerkorian's International and Flamingo hotels in Las Vegas. Its casino holdings grew to ten properties over the years, accounting for more than half of the company's revenues. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hotel Tryp Habana Libre
Hotel Tryp Habana Libre is one of the larger hotels in Cuba, situated in Vedado, Havana. The hotel has 572 rooms in a 25-floor tower at Calle 23 ("La Rampa") and Calle L. Opened in 1958 as the Habana Hilton, the hotel famously served as the residence of Fidel Castro and other revolutionaries throughout 1959, after their capture of Havana. History Design and construction The Habana Hilton was constructed at a cost of $24 million, under the personal auspices of President Fulgencio Batista. It was built as an investment by the Caja de Retiro y Asistencia Social de los Trabajadores Gastronomicos, the pension plan of the Cuban catering workers' union, with additional financing from the Banco de Fomento Agricola e Industrial de Cuba (BANFAIC). It was operated by the American Hilton Hotels International group and was designed by the well-known Los Angeles architect Welton Becket, who had previously designed the Beverly Hilton for the chain. Becket designed the 27-story Habana Hilton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caesars Palace
Caesars Palace is a luxury hotel and casino in Paradise, Nevada, United States. The hotel is situated on the west side of the Las Vegas Strip between Bellagio and The Mirage. It is one of Las Vegas's largest and best known landmarks. Caesars Palace was founded in 1966 by Jay Sarno and Stanley Mallin, who sought to create an opulent facility that gave guests a sense of life during the Roman Empire. It contains many statues, columns and iconography typical of Hollywood Roman period productions including a statue of Augustus Caesar near the entrance. Caesars Palace is now owned by Vici Properties and operated by Caesars Entertainment. As of July 2016, the hotel has 3,960 rooms and suites in six towers and a convention facility of over . The hotel has a large range of restaurants. Among them are several which serve authentic Chinese cuisine to cater to wealthy East Asian gamblers. From the outset, Caesars Palace has been oriented towards attracting high rollers. The modern casino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lakes Entertainment
Lakes Entertainment, Inc. was an American Gambling, gaming company based in Minnetonka, Minnesota, Minnetonka, Minnesota. It merged with Golden Gaming in 2015 to form Golden Entertainment. History The company was created on December 31, 1998 as part of the merger between Grand Casinos and Hilton Worldwide, Hilton's gaming businesses to form Park Place Entertainment. Park Place acquired Grand's three riverboat casinos in Mississippi, while Grand's other businesses were spun off to Grand's shareholders as Lakes Gaming. Lakes's business at the time of its formation included the management of two Indian casinos in Louisiana (Paragon Casino Resort, Grand Casino Avoyelles and Coushatta Casino Resort, Grand Casino Coushatta) and ownership of of land on the Las Vegas Strip. In 1999, Lakes struck a deal to buy the Rainforest Cafe chain for $108 million, but the agreement fell through after Landry's made a higher offer. Lakes's management agreement at the Grand Casino Avoyelles was bought ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mandalay Resort Group
Mandalay Resort Group (formerly Circus Circus Enterprises) was an American hotel and casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. In terms of market capitalization, it was one of the largest casino operators in the world. Its stock traded on the New York Stock Exchange with the ticker symbol "CIR" and "MBG". History The company was originally known as Circus Circus Enterprises and originated with Jay Sarno's 1968 opening of the Circus Circus as well as a Circus Circus in Reno, which opened in 1978. The company incorporated as Circus Circus Enterprises (CCE) in 1974 to purchase Circus Circus from Sarno at a time when the casino was experiencing financial difficulties. The original majority owners of CCE were William Pennington, a former oil lease speculator and William Bennett, a former furniture salesman and the manager of The Mint Las Vegas casino. Circus Circus En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ITT Inc
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has approximately 10,000 employees in more than 35 countries and serves customers in well over 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baccarat
Baccarat or baccara (; ) is a card game played at casinos. It is a comparing card game played between two hands, the "player" and the "banker". Each baccarat coup (round of play) has three possible outcomes: "player" (player has the higher score), "banker", and "tie". There are three popular variants of the game: ''punto banco'', ''baccarat chemin de fer'',"Baccarat" in ''Chambers's Encyclopædia''. London: George Newnes, 1961, Vol. 2, pp. 32-33. and ''baccarat banque'' (or ''à deux tableaux''). In ''punto banco'', each player's moves are forced by the cards the player is dealt. In ''baccarat chemin de fer'' and ''baccarat banque'', by contrast, both players can make choices. The winning odds are in favour of the bank, with a house edge of at least 1 percent. History The origins of the game are disputed, and some sources claim that it dates to the 19th century. Other sources claim that the game was introduced into France from Italy at the end of the 15th century by soldiers re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bally Manufacturing
Bally Manufacturing, later renamed Bally Entertainment, was an American company that began as a pinball and slot machine manufacturer, and later expanded into casinos, video games, health clubs, and theme parks. It was acquired by Hilton Hotels in 1996. Its brand name, and mid-20th century pinball & slot machine logo, are still used by several businesses with some trademark rights, most notably Bally Technologies and Bally's Corporation. History The Bally Manufacturing Corporation was founded by Raymond Moloney on January 10, 1932, when Bally's original parent, Lion Manufacturing, established the company to make pinball games. The company took its name from its first game, "Ballyhoo". The company, based in Chicago, quickly became a leading pinball maker. In the late 1930s, Moloney began making gambling equipment, and had great success developing and improving the mechanical slot machines that were the core of the nascent gaming industry. After manufacturing munitions and airpla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlantic City, New Jersey
Atlantic City, often known by its initials A.C., is a coastal resort city in Atlantic County, New Jersey, United States. The city is known for its casinos, boardwalk, and beaches. In 2020, the city had a population of 38,497.QuickFacts Atlantic City city, New Jersey . Accessed November 9, 2022. It was incorporated on May 1, 1854, from portions of and [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Trump Organization
The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. Around 250 of these entities use the Trump name. The organization was founded in 1927 by Donald Trump's paternal grandmother, Elizabeth Christ Trump, and his father, Fred Trump, as E. Trump & Son. Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2016 when he won the 2016 United States presidential election. The Trump Organization, through its various constituent companies and partnerships, has or has had interests in real estate development, investing, brokerage, sales and marketing, and property management. Trump Organization entities own, operate, invest in, and develop residential real estate, hotels, resorts, residential towers, and golf courses in various countries. They also operate or have operated in construction, hospitality, casinos, entertainment, book and magazine publishing, broa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen Bollenbach
Stephen Frasier Bollenbach (July 14, 1942 – October 8, 2016) was a financial manager who served as CEO and CFO for many hotel-related organizations. After working with financier Daniel K. Ludwig from 1968 to 1980, he oversaw mergers and acquisitions for various corporations to include Marriott Corporation, Holiday Corporation, Harrah's Entertainment, the Trump Organization, Disney, and Hilton Hotels. He served on various corporate boards, including the nonexecutive chairman of Los Angeles-based KB Home and a member of the board of directors of Time Warner. He served on the board of directors for American International Group, Inc. (AIG) during the 2007 financial crisis, and he was also a director of Harrah's Entertainment, Inc., Macy's, Inc., and the Los Angeles World Affairs Council. Education Bollenbach attended Lakewood High School (California), graduated from Long Beach City College, got a bachelor's degree in finance from UCLA in 1965, and a master's degree in management f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas Valley
The Las Vegas Valley is a major metropolitan area in the Southern Nevada, southern part of the U.S. state of Nevada, and the second largest in the Southwestern United States. The state's largest urban agglomeration, the Las Vegas Metropolitan Statistical Area is coextensive since 2003 with Clark County, Nevada, Clark County, Nevada. The Valley is largely defined by the Las Vegas Valley landform, a Depression (geology), basin area surrounded by mountains to the north, south, east and west of the metropolitan area. The Valley is home to the three largest incorporated cities in Nevada: Las Vegas, Henderson, Nevada, Henderson and North Las Vegas, Nevada, North Las Vegas. Eleven unincorporated towns governed by the Clark County government are part of the Las Vegas Township and constitute the largest community in the state of Nevada. The names Las Vegas and Vegas are interchangeably used to indicate the Valley, Las Vegas Strip, the Strip, and the city, and as a brand by the Las Vegas Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
