In the early morning hours of August 26th, 1998, an explosion rocked the Las Vegas Strip, causing extensive damage to the nearby Harvey’s Casino. The blast was so powerful that it shattered windows and sent debris flying into the street.
Dozens of people were injured, and two people were killed.
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Investigators immediately began looking into who might have been responsible for the attack. The most likely suspects were members of the local Mob, who were known to have been involved in a struggle for control of the casino.
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The Mob was also known to be unhappy with how Harvey’s had been run in recent years.
However, investigators soon turned their attention to another possible suspect: Osama bin Laden. At the time, bin Laden was the leader of a terrorist organization called al-Qaeda.
He was known to hate America and had previously called for attacks on American Targets.
After months of investigation, authorities were unable to definitively say who was responsible for the bombing of Harvey’s Casino. To this day, the case remains unsolved.
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In 2008, Harrah’s Entertainment was bought out by Apollo Global Management and TPG Capital for $30.7 billion. The deal made the two private equity firms majority owners of the company, with Harrah’s management team retaining a minority stake.
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The buyout came at a time when the global economy was in turmoil and the gambling industry was facing challenges.
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In 1971, the Montreux Casino in Switzerland was burned down by someone using a flare gun. The fire caused an estimated $3.
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