Business Wars

The Birth of Vegas | The Feds Get Fed Up | 2

7 snips
Aug 16, 2021
The podcast reveals how a Mormon banker boosts mob funding in Las Vegas, solidifying the underworld's grip on the city. Tensions rise as a U.S. senator confronts mob bosses in a dramatic Senate hearing, uncovering deep-rooted corruption. The transformation of Vegas from a rough frontier to a gambling paradise unfolds, highlighting the struggles of African American entertainers against segregation. With ambitious entrepreneurs reshaping the casino industry, the clash between legitimate business and crime fuels the explosive growth of Sin City.
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ANECDOTE

Kefauver's Vegas Hearings

  • Senator Kefauver's committee investigated mob involvement in Las Vegas casinos, focusing on skimmed profits.
  • Mobster Morris Sedway's testimony involved dodging questions and citing health issues.
INSIGHT

Unintended Consequences

  • Kefauver's hearings inadvertently advertised Vegas as a haven for criminals.
  • This led to an influx of mobsters from other areas seeking opportunities.
ANECDOTE

Atomic Tourism

  • Atomic bomb tests in the Nevada desert became a tourist attraction, boosting Vegas business.
  • Hotels capitalized on this, offering "atomic cocktails" and viewing parties.
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