• About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
Monday, August 8, 2022
Invest Daily Pro
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Economy

Bugsy Siegel – the mobster that brought us the Las Vegas Strip

by
January 12, 2022
in Economy, Investing
0
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

The Las Vegas Strip wasn’t always bright lights and big dreams, in fact, some of the biggest casinos were opened by The Mob in an attempt to harvest an income.

In the modern day, online casino sites fill their players’ screens with bright lights and flashing images in an attempt to recreate the fast-paced lifestyle the Strip now stands for, and there’s one mobster in particular we have to thank for this glamourous vision.

Benjamin “Bugsy” Siegel played a pivotal part in the creation of the Las Vegas strip – a key driving force behind the building of modern Vegas. He was the founder of The Flamingo, one of the oldest and most famous hotel casinos on the Strip, pioneering the future of the casino experience, but he fell victim to a gruesome death at the age of 41, revealing the darkness of the mob life he was caught up in.

Read on to discover the dark beginnings of the Las Vegas Strip, and how today’s bright lights of the hopeful city were once shrouded in gangs and violence.

Siegel’s story

Born on the 8th February 1906 in Brooklyn, New York, Siegel was the son of Jewish immigrants. He was raised in the crime-ridden section of Williamsburg, Brooklyn, and reportedly extorted protection money from pushcart peddlers on the other side of the East River as a young man. It was here, in New York City’s Lower East Side that he befriended another tough Jewish child named Meyer Lansky. In 1918, they established the Bugs and Meyer Gang.

In the early 1930s, Mafia kingpin Charles “Lucky” Luciano and some other Italian gangsters moved into New York, and Siegel left the Bugs and Mayer organisation to work for Luciano. He was often associated with violent crimes, and whilst being closely watched by the FBI, relocated to the West Coast.

Siegel set up many gambling dens and offshore gambling ships, gathering a fortune that provided him with a large home in Beverly Hills, where he hosted many parties for Hollywood stars.

In the late 1930s, Siegel began dating glamourous actress Virginia Hill, and in 1945, with her by his side, he set out to build one of the first hotel-casinos on the edge of Las Vegas.

The Flamingo

The construction of the Flamingo Hotel was mostly funded by Eastern crime syndicate bosses under Siegel’s direction, but the project didn’t quite go to plan. The original budget for the casino was $1.2 million, but ended up costing $6 million, which enraged Siegel’s mobster financiers.

On the evening of June 20th, 1947, Bugsy Sigel was shot multiple times, including two fatal head wounds, through his living room window in his home in Beverly Hills. Minutes later, three of fellow mobster Lansky’s associates entered the Flamingo and announced that they were in charge. Lansky denied involvement in the murder, and some believe Siegel was killed due to his involvement in a love triangle. Despite this, to this day his murder has never been solved.

The Flamingo still stands tall, however, right in the centre of the Las Vegas Strip. It features a 15-acre Caribbean-style pool, shows, nightlife, dining, attractions and, of course, a casino – featuring 130 table games and over 1,600 slot machines. In 1967, billionaire Kirk Kerkorian purchased the resort, ending any ties The Mob may have still had within the casino. It was later sold to the Hilton corporation and is now owned and run by Harrah’s Entertainment.

However, Bugsy Siegel still gets the final say, because according to the Wall Street Journal, the Flamingo is one of 10 most haunted sites in America. Despite having fallen in Hollywood, Siegel’s ghost has reportedly been seen making up for lost time wandering the twisted paths of the casinos garden. Most reported sightings of the pioneer of the Las Vegas Strip, however, are in the Presidential Suite, where you’ll find the gold faucets and bathroom fixtures from his old apartment, alongside the potential for a particularly spooky nights sleep.

ShareTweetPin

Related Posts

Economy

World’s First Internet Marketing and Design Agency Celebrates Momentous 25th Anniversary with Surprise Announcement

August 4, 2022
Economy

Why Keeping an Existing Customer is More Valuable Than Acquiring New Ones

August 3, 2022
Economy

Let Your Pet Love Extend into a Business Passion!

August 2, 2022
Economy

Finding Peace in a Chaotic World is Not Very Challenging – The Wise Steps to Follow

August 2, 2022
Economy

Qualities of a Divers Watch

July 29, 2022
Economy

Who is Javad Marandi and what is he known for?

July 28, 2022
Next Post
How to Recover Scammed Bitcoin, Cryptocurrency and Investment Scam – Guaranteed!

How to Recover Scammed Bitcoin, Cryptocurrency and Investment Scam – Guaranteed!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recommended

AboitizPower, Chevron ink fuel supply deal

AboitizPower, Chevron ink fuel supply deal

August 2, 2022
£1.6m funding for UK’s instant employment and income verification platform led by Triple Point Ventures

£1.6m funding for UK’s instant employment and income verification platform led by Triple Point Ventures

March 15, 2022
China heightens warning to US over possible Pelosi visit to Taiwan

China heightens warning to US over possible Pelosi visit to Taiwan

July 24, 2022
Calling all plantitos and plantitas: The details of KSK

Calling all plantitos and plantitas: The details of KSK

July 19, 2022
Philippines may face ‘deep scarring’ from pandemic — Moody’s

Philippines may face ‘deep scarring’ from pandemic — Moody’s

July 23, 2021
Shakey’s trims losses to below P15M as revenues rise by 37%

Shakey’s trims losses to below P15M as revenues rise by 37%

August 11, 2021
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2021 InvestDailyPro. All Rights Reserved.

Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Suspicious engagement
  • Terms & Conditions
  • Thank You

Copyright © 2022 SmarterNewsNow. All Rights Reserved.