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Articles About Gambling tycoons

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Lawrence Ho: Silver Spooner or Workaholic?
The biography of Lawrence Ho, a Hongkongese tycoon, is full of interesting events. He is senior son of the founder and the king of the gambling industry Stanley Ho, who has successfully joined the family business and founded his own company called Melco Crown Entertainment. Nowadays, his corporation owns several large hotel casinos in different countries of the world.
Bugsy Siegel is the Most Charming Gangster in the History of Las Vegas
American gangster Bugsy Siegel is sometimes referred to as the founder of gambling in Las Vegas. He was a charismatic criminal, very popular among filmmakers. He was really engaged in both illicit and legal gambling in Las Vegas. Siegel even opened a luxurious casino using the funds of the mafia. However, his contribution to the development of gambling in Nevada is exaggerated. Benjamin Sigelbaum's life was full of adventures, which are described in our article.
James C. McKay is a Godfather of Casinos in Reno
Until Las Vegas got the status of the gambling capital of the United States, this title had belonged to the small town of Reno. Casinos started their official operations there in the thirties. However, they had illegally operated even earlier. An important role in the foundation of gambling in Reno was played by James C. McKay, an organizer of the criminal gang, whose activities are discussed in our article.
Frank Rosenthal: the Most Controversial Legend in Las Vegas
His contemporaries called him "the best living handicapper." Thanks to him, Las Vegas casinos and bookmakers look in the way how we can see them today. He managed the empire composed of the four casino hotels and was one of the most influential individuals in Las Vegas. He was married to the most beautiful woman of her time. Many times he underwent trials but always was successful. He survived car bombs with insignificant burns. Who is he? Meet the most mysterious legend of Las Vegas - Frank "Le
Billy Walters: Taste for risk
Williams Walters is considered as a true legend in the world of gambling. He has achieved especially impressive success in the field of betting, where he succeeded in earning huge sums. He has inspired thousands of other fans of sports betting by his activities and become their role model. You may learn from this article, prepared by one of the authors of the portal Casinoz, about the life of this famous gambler.
Nick Abelman, a poor immigrant who became a gambling magnate
Nick Abelman was born in a family of poor immigrants and became a millionaire owning various casinos in several U.S. states. He entered the history of American gambling as one of the pioneers of the industry and did a lot for its development. Casino Riverside brought him the greatest glory and for many years it remained the most prestigious casino in the city of Reno.
Bill Bennett, the pioneer of modern gambling
A farmer's son who becomes a multimillionaire begins to work in the casino service staff to make a wonderful career and becomes one of the most influential operators of gambling in Las Vegas. No it's not the plot of the chick lit. This is a real biography of Bill Bennett , the owner of several leading American casino and a gambling innovator.
Howard Hughes in the history of Las Vegas
Thanks to several famous movies about Howard Hughes (especially The Aviator with Leonardo DiCaprio), we know that this eccentric millionaire has raved aviation and cinema, and suffered from mental disorders. But Hughes also left a bright trace in the development of gambling in Las Vegas. He owned several casinos that have become the new standard of quality. We will talk about it here.
Stanley Ho, the legend of Macau gambling
Stanley Ho, Macau gambling tycoon, was born into a noble family, but he had to build his own empire, because his father had not only ruined, but also threw a son with his mother and two sisters away. Perhaps because of this, Stanley got a firm spirit and became a successful businessman, who got everything he wanted. The most famous domain of Mr. Ho is gambling in Macau.
Kirk Kerkorian, not typical gaming magnate
The owner of a good half of the most famous casinos in Las Vegas, a permanent member in the rating of the richest persons of the planet according to Forbes, the former controlling shareholder of the movie company MGM, an incredibly generous philanthropist, donating millions of dollars to various charities - it's all about billionaire investor Kirk Kerkorian of American-Armenian origin, who, as people say, has made himself.
Benny Binion, a person who changed Las Vegas
Benny Binion was a notorious gangster the owner of the famous casino The Binion Horseshoe, the founder of the poker tournament World Series of Poker and the first the Las Vegas real high roller. He raised the bets in the casino ten times higher than his competitors which caused their discontent but still forced to reconsider their views on the management of the casino.
Sheldon Adelson, a king of the casino world
If anyone can be called a man who has made himself, it is Sheldon Adelson. The casino king of the world, the richest Jew in the world, the third richest person in the U.S. - it's all about him. He was born in a family of a taxi driver and a housewife who came to the U.S. from Lithuania and Ukraine. Now he owns Las Vegas Sands, built the Venetian, Marina Bay Sands, Venetian Macao and other casinos.

Gambling bigwigs

Who is at the origin of the gambling business? Who were the first casino owners? How modern gambling magnates managed to make a fortune and firmly establish themselves in the industry beating many competitors?

The articles in this section of Casinoz talk about life and activities of the biggest bigwigs in the industry. You will read the biographies of the legendary casino owners and learn many secrets from their lives.

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The founders of the legendary casinos of the past

Start with the colorful personalities that shaped the appearance of the modern gambling business. Among them were fascinating characters who came out from a different stratum of society.

  • Howard Hughes – he is remembered as an eccentric millionaire, a dreamer who was not afraid to invest in the most different spheres: scientific inventions, cinema, aviation and, of course, gambling. His Vegas casinos offered a high level of service and forced the competition also improve the service.
  • Jim McKay – one of the founders of Las Vegas as the gambling capital of the USA. He was the owner of the biggest and most popular establishments on the early history of the city. McKay casinos were successful until the early fifties when large monopolies replaced them.
  • Bugsy Siegel – the most charming gangster in the history of Las Vegas. He ran a casino in the style typical for the representative of criminals. His life has daring robberies, beautiful women, wealth, fame, recognition of the wealthiest and most influential people, but it ended early and sadly.
  • Benny Binion began as a typical an American bandit who did not disdain theft, bootlegging and even murder. Later he took up the organization of underground gambling, and after a while opened legal casinos. His main brainchild was the famous Binion's Horseshoe casino, which has long been a trendsetter in Las Vegas.
  • Nick Abelman was born in a family of poor immigrants, but more than a modest background did not prevent him from becoming one of the magnates of the gambling industry. He owned casinos in Reno, Nevada, and California. Abelman's institutions were visited by famous artists, big politicians, well-known athletes, and the wealthiest people.

The articles also describe many other casino operators of the past.

Tycoons of the second half of the twentieth century

In the second half of the twentieth century, the sphere of gambling business began to develop very actively. The history of gambling at that time included many outstanding personalities.

  • Frank Rosenthal is an iconic character. The legendary "Lefty" directly and indirectly managed several famous casinos, which boldly introduced all sorts of innovations. His world fame contributed to the film "Casino" by Martin Scorsese, shot based on the biography of Frank Rosenthal.
  • Stanley Ho was called the king of gambling of Macau and Hong Kong, and this flattering title does not seem an exaggeration. He created a huge monopoly, earned billions of dollars and for many years set the tone of gambling development in the region.
  • Bill Bennett was born in a farmer's family, and he served in the U.S. Navy during world war II. Returning home, he started a business and proved to be a very successful manager. Later he became the casino manager, and after a while, he became the owner of the famous Circus Circus Casino. Later he bought the casino Sahara, which is working to this day.
  • Kirk Kerkorian – he was called "father," "Baron», "lion" and even "King." The man's business reputation was impeccable. His authority was unwavering. He invested in various areas, including gambling. He owned the international Hotel casino and the MGM Grand Hotel. Later he bought Steve Wynn's company Mirage.
  • Sheldon Adelson engaged in the gambling business in the late eighties of the twentieth century by buying The Sands Casino in Las Vegas. He later opened the iconic Venetian casino and then expanded the scope of his activities in Macau, running there Venetian Macao Casino and the legendary Marina Bay Sands complex.
  • Steve Wynn was one of the most charismatic characters in the world of gambling. He owned very popular casinos, attracting customers with luxury and variety of services. But his reputation and financial affairs have significantly shaken in connection with several scandals and trials.

Read more about these and other industry leaders in the articles of this section.

A new generation of gambling bigwigs

Gambling business does not suffer from a lack of new top managers. In the industry poured fresh blood in the face of young and ambitious casino owners.

Perhaps the most striking example is Lawrence Ho, son of the legendary Stanley Ho. The guy chose not to live a slacker life and seriously took up education and delve into all the secrets of the family business. Eventually, he raised the Empire founded by his father to new heights and successfully continues to develop his casinos in different countries of the world.

Conclusion

New articles periodically supplement the section with biographies of the largest gambling tycoons of the past and present. Do not forget to open this page to learn about the founders of major casinos and leading gambling figures.