Casinos in Nevada
There are approximately 377 casinos located in Nevada. Nevada is the gaming capitol of the world with Las Vegas being the unequaled epicenter to be if you want to gamble. Originally a small crossroads town for people traveling to Las Angeles and Albuquerque, the Hoover Dam had a lot to do with the growth as a whole growing 500 percent in 1931. Las Vegas became so big in the gambling world because of how organized and regulated it became so quickly. Hoover Dam and the dam’s reservoir, Lake Mead, began receiving tourist and officials interested in the Dam’s structures and they also wanted to see what Las Vegas was all about. The apparent need for high class hotels soon be came a must need. Vegas continued to grow.
It wasn’t until the introduction of the gangsters like Bugsy Siegel and Meyer Lansky that the city became known as a gamblers paradise. The Depression caused Nevada to relax gambling laws, hoping to bring in revenues from gamblers driving up the highway from Los Angeles. In 1946, Siegel and his mob connections built the Flamingo, though the construction costs famously went way beyond the expectations. The Mob thought Bugsy was skimming off the top and put a hit on the man. Though Bugsy died and the hotel initially lost money, it opened the eyes of fellow mobsters and business men to the potential of Las Vegas gambling.
In the mid fifties, many casinos were built, including some of the most famous ones: the Sahara, the Sands, and the Tropicana. Soon, gambling wasn’t the only thing that Vegas offered. Elvis Presley, Dean Martin, Bing Crosby, and Frank Sinatra among many others all began performing which attracted fans. Obviously, after seeing the shows, the concert-goers went back into the casinos.
Las Vegas continued to expand until the late 80’s when the next giant leap for the city happened and it came in the form of an ambitious developer named Steve Wynn. Having acquired knowledge of the business from people such as Howard Hughes, Wynn set the new standard for hotel casino resorts with the opening of the Mirage in 1989. He then expanded his franchise in the form of the Treasure Island Hotel and Casino in 1993, and then the lavish Bellagio that set him back a mere $1.6 Billion. His latest Las Vegas venture is the $6.6 billion dollar Wynn Las Vegas opened in April, 2005. Nevada is very strict with the age restrictions put on the casinos wagering and employment age. You must be 21 to make wagers or even be in the gaming area without a parent or guardian. You also must be over 21 to even be a casino janitor (as ambitious as it is). The only exception is that if you’re a minor and have a contract with the hotel to do entertainment.
Though this era saw the building of some of the world's largest and most famous casinos, such as the MGM Grand and Caesars Palace, many old-school gamblers complained about the corporatization of Las Vegas. Some even went so far as to claim the new Vegas was appealing to familes, or "the Disney crowd". These days, Las Vegas is trying to distance itself from the family entertainment angle, using the "What Happens in Vegas Stays in Vegas" ad campaign to reestablish their brand.
Gambling in Nevada
One would think that all forms of gambling would be legal in Nevada. Actually, casino gambling is king in the state. This way, the gambling money of Nevadans all goes to the casinos, because they're the only show in town (albeit a rather big show).
Nevada at the moment doesn’t have a state lottery, but efforts are being made to get one up and rolling. Some residents say there is no substantial proof that the lottery would take hold in Nevada, but they need look no further than right across the boarder where lottery ticket purchases are through the roof (mostly from Nevada citizens). Charity raffles are the only form of lottery that is legal, but you still must be 21 years old to purchase tickets.
Nevada Pari Mutuel
Las Vegas pari mutuel is the industry leader when it comes to simulcasting. Home of the Las Vegas Dissemination Company, which is the only full service off track wagering and race information facility. It is the exclusive provider for Nevada’s pari mutuel service and keeps track of common pooling from almost one hundred racetracks throughout the country. Nevada pari mutuel betting took off in 1990 when off track wagering between racetracks throughout the country where paired with licensed race books. The end result was satisfying enough to the Nevada Pari Mutuel Association to enter into a contract with the Las Vegas Dissemination Company. It is still the only licensed pari mutuel betting service company in Nevada. You must be 21 years old to make pari mutuel wagers and they are very strict about minors loitering in or around areas conducting wagers.
Nevada Sports Gambling
Many Las Vegas and Reno casinos have sports books. In fact, the Vegas sportsbooks set the pace for gambling across the country. Most betting lines are set by Las Vegas oddsmakers, which you will notice if you check the credentials of just about any sports line in any newspaper in the country. It's technically illegal to place bets with most local books outside of Nevada, so Vegas gets a huge flow of sports dollars during the big events. That's one reason Las Vegas casinos (and, across the country, Atlantic City casinos) host so many boxing matches--to drive betting. The Super Bowl is a huge windfall for the Las Vegas books every year.
Most bingo games held in Nevada are one hour sessions. Also most games are played on the paper sheets or on pull tabs and a lot of halls have in hand bingo computers. The most popular places to play bingo in Nevada are Henderson, Laughlin, Pahrump, Reno, Tahoe, Las Vegas, and Winnemucca. These bingo halls usually play many games in one day with fairly modest stakes for games as the owners know that there will be no shortage of players, unlike bingo halls run by Native Americans in which a few high stakes games are held to attract players from greater distances.
Nevada Online Betting
The online gambling in Nevada has been put on hold as several studies have shown that only a very small percent (around 3.7 percent) of Nevada residents have conducted in online gambling in the past five years. Off shore gambling agencies take in close to $15 billion dollars a year from United States citizens and some people are asking why they don’t just legalize it here. There is only one legitimate reason as to why making online gambling legal in Nevada has not been pushed hard. For the same reason that Nevada has no lottery, the casino owners and business men want you in the casinos. Its simple really, if the government is there watching over you shoulder if your online gambling it easy enough to figure it deters many average Joes from doing it. The casinos will do just about anything to get you into there establishments, and while the law is backing them up then your stuck like chuck, in the casinos that is.