Sunday, 14 March 2021

This Week in the Great Depression - Gambling is Legalised in Nevada

This Week's Historical Theme: The Great Depression

 

19 March 1931

 

A significant event throughout the history of the Great Depression that occurred in March was the legalisation of gambling in Nevada. This was done in an attempt to lift the state out of its hard times. At the beginning of the Depression, Nevada's mines were in decline and its economy was in shambles. These mining opportunities had been revealed by settlers in 1859, with discovery of the 'Comstock Lode' of gold and silver, before Nevada had been made the 36th state of the Union during the Civil War five years later. Divorce was also legalised in the same year as gambling, in response to population flight.

 

Established in 1905, Las Vegas has since become the gambling and entertainment capital of the world. It is especially famous for its casinos, nightclubs and sporting events. In the first few decades after the legalisation of gambling, organised crime flourished in the city. It's tolerance for many forms of adult entertainment has also earned it the title of 'Sin City', making it a popular setting in literature, films, television and music videos. Today, state gambling taxes account for the lion's share of Nevada's overall tax revenues.

 

Want to find out more about the history of gambling in Nevada? Click here for more information, or here for more about the Great Depression.

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