![]() ![]() Although many did not set their stakes on casino gambling being successful, it grew by fits and starts and eventually shot for the stars. One of the first major casinos to open in Las Vegas was El Rancho Vegas, opened in 1941. This is a far cry from the New Orleans gambling halls of the 1800s, gambling halls of the Old West, and the small casinos that opened in Nevada in the 1930s. In 2018, their record-setting revenues totaled $41.68 billion, an increase of 3.5 percent from the previous year. Gambling could well be America’s favorite pastime, with the commercial casino industry raking in billions every year.
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