The Phantom Random-Poster likes to gamble? Bleh. I tried.
[Jul. 10th, 2008|11:24 am]
Chrisitne screaming. Why can't any of them ever act? lol
First of all, apologies on being so sucky and not posting consistently on my own journal OR yours. So sorry. Life's been super crazy.
In 1966, Howard Hughes reserved the top two floors of the Desert Inn Hotel and Casino in Las Vegas for 10 days. When co-owners Moe Dalitz and Ruby Kolad realized that they could make more money renting the rooms to gamblers, they asked Hughes to leave. The eccentric billionaire resolved the issue by purchasing the Desert Inn for $13.25 million -- about twice its market value. Hughes then went on a casino buying spree, purchasing the Sands, the Castaways, the Silver Slipper, and the Frontier. He attempted to buy the Stardust but was prevented from finalizing the deal by the U.S. Securities and Exchange Commission which was concerned about Hughes having a monopoly on Las Vegas hotels.