William G. Bennett (gaming Executive)
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William G. Bennett (gaming Executive)
William G. Bennett (November 16, 1924 – December 22, 2002) was an American gaming executive and real estate developer. Noted for pioneering Las Vegas as a destination for middle-class tourists and their families, he is best remembered for his establishment of gaming giant Circus Circus Enterprises in 1974. He served as chairman of Circus Circus between 1974 and 1994. Under his leadership Circus Circus developed numerous additional properties throughout Nevada, including the Excalibur and Luxor casinos in Las Vegas. Following his departure from Circus Circus, Bennett purchased the Sahara Hotel and Casino in Las Vegas in 1995 and operated it until his death in 2002. Early life William Gordon Bennett was born on November 16, 1924 in Glendale, Arizona to Allen Milton "Jack" Bennett, a local rancher, and Marjorie Dean Williams. Bennett's grandfather Archilbald W. Bennett came to Arizona from Kansas in 1898, settling in Peoria before moving to Glendale. Archibald constructed and ...
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Glendale, Arizona
Glendale () is a city in Maricopa County, Arizona, Maricopa County, Arizona, United States, located approximately northwest of Downtown Phoenix. As of the 2020 United States census, 2020 census, it had a population of 248,325. History In the late 1800s the area that is now Glendale was all desert. William John Murphy, a native of New Hartford, New York, who resided in the town of Flagstaff, Arizona, Flagstaff in what was then the territory of Arizona, was in charge of building the Arizona Canal from Granite Reef to New River for the Arizona Canal Company. In 1885, he completed the canal, which would bring water to the desert land. Murphy was deep in debt, since he had agreed to be paid in Arizona Canal Company stock and bonds and land instead of cash. In 1887, Murphy formed the Arizona Improvement Company. His objective was to sell the land and water rights south of the canal. Murphy raised capital from out of state sources in order to meet payroll and construction expenses. ...
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Guaymas, Sonora
Guaymas () is a city in Guaymas Municipality, in the southwest part of the state of Sonora, in northwestern Mexico. The city is south of the state capital of Hermosillo, and from the U.S. border. The municipality is located on the Gulf of California and the western edge of the Sonoran Desert and has a hot, dry climate and of beaches. The municipality's formal name is Guaymas de Zaragoza and the city's formal name is the Heroica Ciudad de Guaymas. The city proper is mostly an industrial port and is the principal port for the state of Sonora. The city has a well-attended annual carnival, which has been held since 1888. Nearby, San Carlos and its beaches are major tourist attractions. History Before the arrival of the Europeans, the bay of Guaymas was dominated by the Guaymas, Seri and Yaqui tribes. In 1539, two Spanish ships, the ''Santa Águeda'' and the ''Trinidad'', arrived in Guaymas Bay. They were commanded by Francisco de Ulloa, who called the area "the port of ports." ...
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Michael Milken
Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time. With a net worth of $6 billion as of 2022, he is ranked by ''Forbes'' magazine as the 412th richest person in the world. Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. As the result of a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million) and permanently barred from the securities indu ...
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Laughlin, Nevada
Laughlin is an unincorporated resort town and census-designated place in Clark County, Nevada, United States. It is located on the Colorado River, directly across from the much larger Bullhead City, Arizona. Laughlin lies south of Las Vegas, in the far southern tip of Nevada, and is known for its gaming and water recreation. As of th2020 census the population was 8,658. The nearby communities of Bullhead City, Arizona; Needles, California; Fort Mohave, Arizona; and Mohave Valley, Arizona, bring the area's total population to about 100,000. Laughlin is also northeast of Los Angeles. Laughlin was named for Don Laughlin, an Owatonna, Minnesota, native who purchased the southern tip of Nevada in 1964 (informally called South Pointe). At the time, Don Laughlin operated the 101 Club in Las Vegas. He opened what would become the Riverside Resort, and later wanted to call the community Riverside or Casino, but the post office opted for Laughlin instead. History The townsite of Laug ...
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Edgewater Hotel And Casino
The Edgewater Hotel and Casino is a casino hotel on the banks of the Colorado River in Laughlin, Nevada, owned and operated by Golden Entertainment. Facilities The hotel has 1,053 rooms divided between two towers: a large 26-story tower, Sedona, and a smaller 6-story tower, Santa Fe. The property has a casino with of gaming space. There is also a pool and spa, as well as several restaurants. History The Edgewater opened in 1981.Part 2 of article It initially ran into licensing difficulties when the Nevada Gaming Control Board raised concerns about alleged connections between some partners in the ownership group and members of the Detroit crime family; the rest of the group was forced to buy out their shares. Circus Circus Enterprises bought the Edgewater in 1983 for $17 million. Circus Circus was later renamed as Mandalay Resort Group, and was then acquired in 2005 by MGM Mirage. In June 2007, MGM Mirage sold the Edgewater and the Colorado Belle to a partnership of Anthony Ma ...
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Jay Sarno
Jay Sarno (July 2, 1922 – July 21, 1984) was an American developer, hotelier and casino owner. He developed and owned the Atlanta Cabana Motel in Atlanta, Georgia, as well as several motels in California and Texas. He was the founder of the Caesars Palace hotel and the Circus Circus in Las Vegas, Nevada. Early life Sarno was born in 1922 in St. Joseph, Missouri. His parents were Jewish immigrants from Poland. His father was a cabinet maker, his mother a homemaker. Sarno graduated from the University of Missouri, with a degree in business. While in college, he met Stanley Mallin, who would become his lifelong friend and business partner. During World War II, he joined the United States Army and served in the Pacific theatre alongside Mallin. Career With Stanley Mallin, Sarno became a tile contractor in Miami, Florida. They subsequently built subsidized housing in Atlanta, Georgia. In 1958, after they had met Jimmy Hoffa and Allen Dorfman, they built the Atlanta Cabana Motel ...
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Circus Circus Las Vegas
Circus Circus Las Vegas is a hotel and casino located on the northern Las Vegas Strip in Winchester, Nevada. It is owned and operated by Phil Ruffin. Circus Circus includes the largest permanent circus in the world. It features circus and trapeze acts, as well as carnival games, at its Carnival Midway. The resort also includes the Adventuredome, an indoor amusement park. Circus Circus was originally owned by Jay Sarno and Stanley Mallin. It opened without a hotel on October 18, 1968. It included a casino on its first floor, while a second floor contained carnival games for children. Circus Circus was the first family-oriented casino in Las Vegas. It struggled financially during its early years, in part because of its lack of a hotel. A 15-story tower, with 409 rooms, was added in 1972. Sarno and Mallin were subsequently investigated for tax code violations and alleged connections with organized crime. In 1974, the casino was leased to Bill Bennett and William Pennington, taking ov ...
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William Pennington (businessman)
William Norman Pennington (March 24, 1923 – May 15, 2011) was an American casino industry executive. A pioneer in Nevada’s casino industry, he played a major role in establishing the Circus Circus company, including Excalibur Hotel Casino, Luxor and Mandalay Bay. He owned several properties in Las Vegas, Reno, Hawaii and elsewhere. For many years he was listed on the Forbes 400 The ''Forbes'' 400 or 400 Richest Americans is a list published by ''Forbes'' magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is publ .... References 1923 births 2011 deaths Businesspeople from Las Vegas Businesspeople from Reno, Nevada Neurological disease deaths in Nevada Deaths from Parkinson's disease People from Smith County, Kansas 20th-century American businesspeople {{US-business-bio-stub ...
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Golden Nugget Companies
Mirage Resorts (formerly Golden Nugget Companies) was an American company that owned and operated hotel-casinos. It was acquired by MGM Grand, Inc. in 2000, forming MGM Mirage (now MGM Resorts International). History Golden Nugget Companies Inc. was formed by Steve Wynn in 1973. The company was created after Wynn acquired majority control of the Golden Nugget in Las Vegas, Nevada. In 1980, the company opened the Golden Nugget Atlantic City in New Jersey but in 1987, Wynn's and the company's interest in Atlantic City did not last very long due to frustration with state gaming regulators. The property was sold to Bally's Entertainment, and eventually became Bally's Grand Hotel and Casino. In 1989, the company acquired the Nevada Club casino in Laughlin, Nevada, and re-branded it as the Golden Nugget Laughlin. The Mirage and Treasure Island (1990s) Wynn's first major casino on the Las Vegas Strip was The Mirage, which opened in November 1989. It was the first time Wynn was inv ...
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Steve Wynn
Stephen Alan Wynn (''né'' Weinberg; born January 27, 1942) is an American real estate developer and art collector. He is known for his involvement in the American luxury casino and hotel industry. Early in his career he oversaw the construction and operation of several notable Las Vegas and Atlantic City hotels, including the Golden Nugget, the Golden Nugget Atlantic City, The Mirage, Treasure Island, the Bellagio, and Beau Rivage in Mississippi, and he played a pivotal role in the resurgence and expansion of the Las Vegas Strip in the 1990s. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc., resulting in the formation of MGM Mirage (now MGM Resorts International). Wynn later took his company Wynn Resorts public in an initial public offering and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the Republican Party, and was the finance chair of the Republican National Committee f ...
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Hughes Airwest
Hughes Airwest was a regional airline in the western United States, backed by Howard Hughes' Summa Corporation. Its original name in 1968 was Air West and the air carrier was owned by Nick Bez. Hughes Airwest flew routes in the western U.S. and to several destinations in Mexico and Canada; its headquarters were on the grounds of San Francisco International Airport (SFO) in unincorporated San Mateo County, California. With distinctive all-yellow aircraft, the company slogan was ''Top Banana in the West''; Hughes Airwest was purchased by Republic Airlines on October 1, 1980. History On April 17, 1968, three "local service" airlines in the western U.S. merged to form Air West: * Pacific Air Lines, which previously operated as Southwest Airways when it was founded in 1941, was based in San Francisco, flew along the coast and California's Central Valley, linking cities from Medford, Oregon, to southern California. Pacific operated Boeing 727-100s and Fairch ...
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Del Webb
Delbert Eugene "Del" Webb (May 17, 1899 – July 4, 1974) was an American real estate developer, and a co-owner of the New York Yankees baseball club. He is known for founding and developing the retirement community of Sun City, Arizona, and for many works of his firm, Del E. Webb Construction Company. Early years Webb was born in Fresno, California, to Ernest G. Webb, a fruit farmer, and Henrietta S. Webb. He dropped out of high school to become a carpenter's apprentice, and in 1919, he married Hazel Lenora Church, a graduate nurse. In 1920, Webb was a ship fitter, and they were living with his parents and two younger brothers in Placer County, California. At the age of 28, he suffered typhoid fever, and as a result moved to Phoenix, Arizona, to recover. Career In 1928, Webb began Del E. Webb Construction Company. He received many military contracts during World War II, including the construction of the Poston War Relocation Center near Parker. Poston interned over 17,000 Japa ...
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