Double or Nothing: How Two Friends Risked It All to Buy One of Las Vegas' Legendary Casinos by Breitling Tom & Fussman Cal

Author:Breitling, Tom & Fussman, Cal [Breitling, Tom & Fussman, Cal]
Language: eng
Format: epub
Tags: ===GRANDE===, -OVERDRIVE-, General, Business, Businessmen, Biography & Autobiography, -TAGGED-, Games, Nevada, Casinos - Nevada - Las Vegas, Las Vegas, Golden Nugget (Las Vegas; Nev.), Casinos, Gambling, -shared tor-
ISBN: 9780060835835
Publisher: HarperCollins
Published: 2008-03-18T00:00:00+00:00

I had been in the liquor business earlier in my career. The man on the phone was the owner of this bar over on Sahara Avenue. He had run into hard times years before—he and his wife.

All the liquor companies had put him on COD—wouldn’t give him any credit. But we had decided to give him credit. He came out of it finally, and his place survived.

So the phone rings. It’s this guy. “You remember me?”

I say, “Oh, yeah.”

“Well, I’ve never forgotten how you helped my wife and I. I read in the papers you’ve got something to do with The Nugget.”

“Sure do. I’ve got my lungs invested here.”

“In that case, Mr. Wynn, you’ve got to come see me right away. My wife and I haven’t opened up yet, but I have something very important to tell you.”

So I jump in my car, drive over to Sahara Avenue, go into this bar, and he’s waiting.

He says, “You see this back room here?” He points to a room that was all partitioned off. “Every night a bunch of your employees come over here. They have piles of chips, and they divide it among themselves.”

“How much money you talking about?”

“Between $7,000 to $10,000 a night.”

“Do you know any of their names?”

“Yes, I do.”

“For example?”

First name out of his mouth is the casino manager on swing shift. The boss. The second name out of his mouth is the assistant shift boss. The dice pit boss. The assistant dice shift boss. Then the guy in charge of blackjack and about nine dealers.

And if that’s going on at swing shift, what about the other shifts? Well I had three friends in the gambling business, and they weren’t known at The Nugget. They came down and for two weeks chronicled the wholesale stealing. We had 350 employees, and I think we fired 195.

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