Top 5 Las Vegas Gambling Facts

If you are a gambler, you are probably more interested in learning about the city’s casino-related facts. Las Vegas is also considered the gambling capital of the world, so it would only make sense to start with gambling-related facts.

Highest Slot Win in Vegas History Was $39000000

On the 21st of March 2003, a 25-year-old software engineer from Los Angeles won $39.7 million on a slot machine at Excalibur Hotel and Casino, Las Vegas. The young man had decided to try his luck with just $100 on the slot machine called Megabucks; little did he know that he would walk away a millionaire. Rumour has it he didn’t even realise he was playing on a progressive jackpot machine. The monumental jackpot win broke news headlines worldwide, earning itself an entry into the Guinness Book of World Records.

Sports Betting Contributes 2% of Nevada’s Annual Income

Legal Sports Report states that sports betting contributes 2% of Nevada’s annual income. Although that might seem like a modest percentage, it is among the top contributors in the state. Revenue generation comes mainly from taxes, fees, employment, job creation and tourism. Las Vegas attracts many tourists looking to experience the city’s famous casinos first-hand. That generates revenues as the individuals promote local businesses, including tourism and hospitality.

Record-Breaking Roulette Bet: $250 Million in Vegas

Unfortunately, there is no recorded information about a $250 million roulette bet in Vegas. However, there have been several famous and high-stakes bets over the years. The highest of them all is a $250000 bet placed by the cast of ‘The Buried Life’ at the Golden Gate Hotel & Casino. They had initially placed $125000 on red and won, doubling their money to $250000. They decided to put the entire amount on black in an attempt to win $1000000, but they lost.

Highest Winning Bet in History Was $2.31 Million Dollars

On 24th September 1980, William Lee Bergstrom, commonly known as the Phantom Gambler or The Suitcase Man, placed $777,000 (equivalent to $2.31 million in today’s money) at the Binion’s Horseshoe Casino in Vegas. He bet all of his money on the “Don’t Pass” line at the craps table, winning and doubling his money in seconds. The win marked one of the most popular high-stakes gambling in history, with the Phantom Gambler going on a winning streak. He returned to the casino on 16th November 1984 and placed $1000000 on the Don’t Pass, which he ultimately lost.

Gambling Accounts for 43% of Las Vegas Casino Revenue

According to Casino News Daily, gambling accounts bring in about 43% of the total revenue of Las Vegas. That makes it a vital driver of the Las Vegas economy. The Las Vegas Strip is perhaps the highest contributor to the percentage, considering it can generate upwards of $400 million, with penny slots responsible for over 30% of that amount. These figures indicate the importance of gambling in the city despite its expansion to other forms of entertainment, including hotels and sightseeing.

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Interesting Facts about Las Vegas Tourism

In addition to these gambling-related facts, Las Vegas is a popular tourist destination known for its wide range of attractions. Here are a few interesting tourism-related facts about the city including downtown Las Vegas:

Las Vegas Welcomes 42 Million Visitors Annually

The number of visitors to Las Vegas has been rising steadily over the years. The highest number ever recorded was around 42 million in 2019. Unfortunately, that dropped significantly the following year due to the pandemic. Once things returned to normal, the number started rising again, with 2023 recording a new high of 32 million visitors. Most of these people go for holidays, which includes everything from guided tours of the Grand Canyon to helicopter tours of the city and surrounding areas to explore Las Vegas.

Only 15% of Visitors Play at the Casinos

Contrary to popular opinion, only 15% of the people who visit Las Vegas fancy a day gambling at one of the Las Vegas casinos. The city has plenty of other destinations that non-gambling visitors could explore. For instance, you can tour the Hoover Dam with your family or get a much-needed retail therapy by going on a shopping spree in one of the city’s world-class shopping centres. You could also do a little bit of everything – visit popular destinations, luxury shop and take a day off to gamble at a casino.

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Las Vegas Has the Most Antique Collectors in the World

As a tourist attraction, Las Vegas is home to the highest number of antique collectors in a single city. That has made it a popular destination for many antique lovers. The most popular antique shops in the city include Gold and Silver Pawn Shop, Charleston Antique Mall and Antique Mall of America. With 23000 square feet, Charleston Antique Mall is the largest antique shop in the city, and it has plenty of goodies to interest fans.

The Strip Isn’t Actually Part of Las Vegas

An interesting fact about the famous Las Vegas Strip is that it is not part of the city, even though it bears its name. The strip is a 4.2-mile stretch lined by casinos and hotels. If you check the map, you will notice that the strip is actually a part of the unincorporated Clark County, outside the limits of Las Vegas. The story started in the 1950s when hoteliers and casino owners decided to build their businesses outside the city limits to avoid taxes. The Las Vegas Boulevard has remained a part of an unincorporated township till today. Proper parts of the city are places like North Las Vegas.

Superstition in Vegas: Many Hotels Skip the 13th Floor

If you are ever in a hotel in Vegas or anywhere else, try to find the 13th floor. Chances are you won’t find it because it simply does not exist. Hoteliers in Las Vegas have also succumbed to this old-fashioned superstition, entirely erasing the 13th floor from their books. While that may seem a little drastic, it is a measure put in place to avoid alienating any superstitious clients. The number 13 is commonly associated with bad luck – a phobia known as ‘triskaidekaphobia.’ Similarly, some hotels skip the 4th floor due to similar superstitions, like the Venetian Las Vegas.

Top 5 Las Vegas Historical Facts

Despite being a pretty modern city, Las Vegas has a packed historical past. From its rise as a small frontier town to earning its title as the world’s gambling capital. If you are interested in touring the city, why not start by reading up some fascinating historical facts you probably did not know? Read to find out about Las Vegas history.

Native Americans: The First Settlers of Las Vegas

If you are new to Las Vegas, you probably didn’t know that the city was home to Native Americans before anyone else took notice of it. The first settlers moved to the Las Vegas valley 10,000+ years ago. Of course, there was nothing to indicate the area would become sin city in a mere Decem millennium later. Native American people are cultural individuals with a rich history, and they have contributed a lot to the city’s modern culture.

The Oldest Hotel is Golden Gate

The Golden Gate Hotel Casino was established in 1906, making it the city’s oldest hotel. Like most of the hotels in the city, this particular one has a rich history, including several name changes and rebranding. It was initially known as ‘Hotel Nevada’ when it started operating in 1906. It was later renamed ‘Sal Sagev’ after the state-wide ban on gambling in 1931. In 1955, an independent business called ‘Golden Gate Hotel’ opened on Sal Sagev’s ground floor. Golden Gate Hotel bought the entire property in 1974 and rebranded it to Golden Gate Hotel Casino.

The First Telephone Was Installed in 1907

The first telephone in Las Vegas was installed in 1907 at the Hotel Nevada (modern-day Golden Gate Hotel Casino. It was installed in the office of Charles Squires, a man credited with establishing Las Vegas as a town. The telephone was a wall-mounted, hand-cranked Kellogg and had the telephone number’ 1.’ There is a plaque on the sidewalk outside the Golden Gate Hotel Casino to mark the milestone in the city’s communication journey. The plaque was unveiled in 1980.

The Car Buried Under the Flamingo

The legend of the car buried under the Flamingo Hotel is a part of the popular story of the famous Bugsy Siegel, the hotel’s founder, and a notorious mobster. According to reports, Bugsy was an extravagant spender with many questionable activities, including suspicion of embezzlement and the mysterious car buried on the property. There is no credible evidence to ascertain that there is a car under the hotel. However, it adds a nice twist to the story of Siegel and Las Vegas’s mob history and that alone has made it a famous tale for decades.

The Lake Mead Underwater Ghost Town

In the 1930’s, Lake Mead first filled up, swallowing up an entire St. Thomas town. The town was a Mormon settlement in the early 20th century. It was along the Arrowhead trail and served as a stop for travellers travelling to and from Los Angeles and Salt Lake City. Over the years, water levels have dropped significantly, and visitors can explore the ghost remains of a once very crucial town. The remains are accessible through a dirt road. So, you need to be careful if you are driving a low-riding vehicle.

Fascinating Facts About Las Vegas City

Las Vegas is undoubtedly one of the most popular cities in the world. But do you know what its name means? How much rain does the city get annually? How many weddings happen in the city daily? Here are a few interesting facts about the city that will leave you questioning your knowledge of Las Vegas.

The City is Named After the Underground Wells

Las Vegas is a Spanish word for ‘The Meadows.’ The city was named in 1821 by a Spanish Pioneer, Rafael Rivera. Rivera was the first European to set foot in the area as he established the Old Spanish Trail. Considering its current desert state, it is pretty challenging to picture Las Vegas as a natural oasis with sprawling fields and rolling green hills, which was the case in the 19th century. Rivera saw the vibrant and spacious green fields with abundant local Las Vegas springs and named the area what we call it today.

Over 300 Weddings Take Place in Las Vegas Daily

With 300+ weddings per day, Las Vegas should probably be renamed ‘City of Love’ at this point. The high number of weddings is primarily attributed to the fact that many individuals prefer to tie the knot in the city because of the rich culture and the ease of securing a venue. Take a walk around the city and you will come across several walk-in wedding venues where you can get married within minutes. There is virtually everything you need for a memorable wedding day on site, including fresh flowers, limo services, photography and a wedding cake. Basically, you can organise a dream wedding within minutes, a feat considered virtually impossible in any other part of the world.

When Las Vegas Lost its Title as the World’s Biggest Gambling City

Las Vegas is widely considered the Gambling Capital of the World. But did you know it lost its title to Macau almost two decades ago? In 2006, Macau, the only place in China where gambling is legal, surpassed Las Vegas to become the world’s highest-grossing gambling centre. Over the years, the gap has widened even more, with the Chinese city hitting over $35 billion in revenues in 2019, nearly six times the revenues generated in the Las Vegas Strip the same year. Between 2020 and 2022, Las Vegas regained the title due to Covid restrictions at Macau. However, since the restrictions were lifted, Macau has reclaimed the title again.

Las Vegas is the Brightest Spot on Earth

Las Vegas is considered the brightest spot on Earth. The strip is lined with over 30 hotels with some of the brightest lights and neon you will ever see on a building and even the Las Vegas convention center. In November 2010, NASA published an aerial image of the city at night. The picture captured the surrounding tarmacs of McCarran International Airport and Nellis Air Force Base, which were all dark compared to the strip.

Las Vegas Receives Less Than 4 Inches of Rain Annually

Las Vegas is one of the driest parts of the US, receiving about 4 inches of rain annually. Other parts of the country receive an average of 38 inches, meaning the city is incredibly dry. If you live in Las Vegas, you can expect sunny conditions for 295 days of the year. That leaves only 26 days for rain and relatively low precipitation in general. January, February, March, August and December are the only months with at least two days of rainfall each. For the other months, the rain comes once or zero days.

Conclusion

When you consider all these facts, Las Vegas is a mixture of everything. From attractive tourist destinations to a fascinating history and, of course, a rich gambling culture. Whether you are looking to experience the famous casinos first-hand or marvel at the city’s beauty and maybe get married while at it, you will most likely have a fabulous time in Las Vegas.

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Joshua Rawlings Written by Joshua Rawlings
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