Casino Owners Gambling?

Texas billionaire Tilman Fertitta started out selling Shaklee vitamins while attending Texas Tech, worked as a real estate specialist for Landry’s restaurants before buying the chain, and now owns (as a partner) the Houston Texans NFL franchise, a Bently and Rolls Royce dealership, and the Golden Nugget casino group with clubs in Laughlin, Downtown Las Vegas, and Atlantic City. His cousins, Frank Fertitta III and Lorenzo Fertitta, own Station Casinos.

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Unlike the good old days in Nevada, Atlantic City does not allow casino owners to gamble in any of the state’s clubs, and that’s where it gets interesting. It seems Tilman wanted a little action, so he played blackjack at two of his competitor’s casinos in Atlantic City late last year. Golden Nugget general manager Tom Pohlman was candid about the situation, stating that Tilman didn’t know about the law that bars key casino employee’s from gambling in Atlantic City.

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Back in the Golden Days

Back in Reno’s heyday, many casino owners toured the town on a regular basis to throw back some of their own club’s winnings. Virgil Smith remembered one evening when he and Bill Harrah were shooting craps and having a dandy time at the Mapes casino, and possibly having a little more than they should have had from the bar.

Smith left Harrah with a rack full of chips and wandered off, only to return and find Bill had lost their winnings, and another $10,000. After shooting a big hand, Smith recouped their stake and joined Bill and his wife Scherry at the bar. Ten minutes later Bill went back to the craps game and again lost their stake. Things didn’t improve after that, as Harrah managed to wrap the car he and Scherry were riding in around a tree trunk on the way home.

The king of Reno gambling, however, was Harold Smith, who had a penchant first for playing craps at his own casino, and then for playing all over town. He often felt the urge to play craps when he was working, and would walk directly across Virginia Street to the Horseshoe Club. When his luck was good, he sauntered back to work with his pockets stuffed with bills.

On the nights when the dice were cold, Harold could be found in the lower cashier’s cage grabbing bags of coins that he would take directly to the Horseshoe. Sometime he went out the back entrance along the alley and walked into the Bank Club, where the coins magically became chips, and the chips (more often than not) magically disappeared! I’m sorry to say that Harold’s Club has now magically disappeared from the Reno skyline, and from many players’ memories. A pity.

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The great photo of “Pappy” Smith is courtesy of Neal Cobb, who has provided more casino history in the form of wonderful photos than any other photographer of the era!

3 Responses to “Casino Owners Gambling?”

  1. A. J. Giametta says:

    The Fertitta interests have purchased the Isle Of Capri in Biloxi, MS — now known as the Isle — and are doing major renovations to the hotel and restaurants that include adding the famous Landry seafood menu. A name change will take place in 2013. With the Isle, that will bring four casinos under the Golden Nugget name.

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    Casino Owners Gambling? | Museum of Gaming History Blog