Major Riddle

Major Arteburn Riddle[1] (born 1906 or 1907; died 1980)[2] was an American businessperson who owned several casinos in the Las Vegas area.

Riddle was born in Louisville, Kentucky.[2] At the age of 11, he moved with his family to Indianapolis.[3] There, he eventually started working in his father's trucking and manufacturing businesses.[3] By 1936, he was involved in an Indianapolis-area nightclub with illegal gambling, which was linked to mobster Al Capone and his Chicago Outfit.[3] In 1940, he became involved with another gambling club in Moline, Illinois.[3][4][5] Around this time, he was romantically linked to mob figure Virginia Hill.[6][7] Riddle moved to Chicago in the 1940s.[3]

Riddle made a fortune in the 1930s and 1940s with an oil and gas drilling company in Texas.[2][8] He also owned a trucking company in Evansville, Indiana from 1937 to 1954.[3][9]

Riddle started his Las Vegas casino career in 1956, when he took over the Dunes.[2] Riddle and his co-investors substantially expanded the hotel using loans from the mob-influenced Teamsters pension fund.[9] He was also noted for booking the first topless showgirl revue in Las Vegas, Minsky's Follies, into the casino.[10]

He opened the Silver Nugget casino in North Las Vegas in 1964.[11] Around 1975, he took over the Riata Club and reopened it as the Silver City Casino.[12][13] In 1977, he took over operation of the Thunderbird hotel casino and renamed it as the Silver Bird.[13][14] In 1978, he opened the casino at the Holiday International, under a lease from the hotel.[15][16]

In 1963, Riddle wrote The Weekend Gambler's Handbook, a book of advice for casino gamblers.[8] It became popular, despite containing some advice that was based on superstition rather than mathematics.[17]

Riddle's son, Charles, died of suicide in 1966 at the age of 18.[18]

Riddle died on July 8, 1980 at Cedars-Sinai Hospital in Los Angeles, from pneumonia after suffering from a rare blood disease.[2][19]

Soon after his death, Riddle's casinos went into bankruptcy.[20] The Silverbird and the Holiday International closed down,[16][21] and the Silver Nugget and Silver City were sold off.[22][23] Riddle's estate sold his remaining shares in the Dunes around 1984.[19][24]

References

  1. Eugene P. Moehring (2000). Resort City in the Sunbelt: Las Vegas, 1930-2000. University of Nevada Press. p. 79.
  2. "Major Riddle, at age 73". Baltimore Sun. AP. July 9, 1980 via Newspapers.com.
  3. Richard E. Cady; Donald K. Thrasher (December 12, 1977). "Ex-Hoosier junketeer influences gambling from here to Vegas". Indianapolis Star via Newspapers.com. (part 2 of article)
  4. Jim Arpy (June 5, 1960). "Off the record". Quad-City Times via Newspapers.com.
  5. Ronald J. Lawrence (April 6, 1980). "Bookie, drug rings reported at Dunes, Aladdin hotels by IRS". St. Louis Post-Dispatch via Newspapers.com.
  6. Jane Ann Morrison (May 28, 2015). "Author separates 'good hoods' from 'bad gangsters'". Las Vegas Review-Journal. Retrieved 2018-09-26.
  7. "Along Broadway with Winchell". Wilkes-Barre Times Leader. January 29, 1941 via Newspapers.com.
  8. "Oil baron capped success in Las Vegas". Los Angeles Times. July 14, 1980 via Newspapers.com.
  9. Stefan Al (2017). The Strip: Las Vegas and the Architecture of the American Dream. MIT Press. pp. 71–72.
  10. "Moving forward". Las Vegas Review-Journal. January 9, 2009. Retrieved 2018-09-27.
  11. Arnold M. Knightly (January 16, 2006). "Silver Nugget may be changing hands again". Las Vegas Business Press via NewsBank.
  12. "Laxalt's gaming interest shift to blind trust approved by commission". Reno Gazette-Journal. April 25, 1975 via Newspapers.com.
  13. Hanford Searl (January 29, 1977). "Thunderbird now the Silver Bird". Billboard.
  14. "Thunderbird now the Silver Bird". Reno Gazette-Journal. AP. January 5, 1977 via Newspapers.com.
  15. "Las Vegas casino operations approved". Reno Gazette-Journal. AP. June 23, 1978 via Newspapers.com.
  16. "600 left jobless as casino in Las Vegas shuts doors". Reno Gazette-Journal. AP. September 29, 1980 via Newspapers.com.
  17. Randall Fitzgerald (2004). Lucky You!: Proven Strategies You Can Use to Find Your Fortune. Citadel Press. pp. 45–46.
  18. "Vegas gambler's son a suicide". Nevada State Journal. UPI. February 18, 1966 via Newspapers.com.
  19. Myram Borders (November 18, 1985). "Dunes' colorful, troubled history". Reno Gazette-Journal via Newspapers.com.
  20. Dick Maurice (October 7, 1980). "Cher's upset". The Desert Sun. Palm Springs, CA via Newspapers.com.
  21. "Torres reaches agreement to buy Silverbird Hotel". The Daily Spectrum. St. George, UT. UPI. December 17, 1981 via Newspapers.com.
  22. "Casino in bankruptcy court". Reno Gazette-Journal. July 3, 1986 via Newspapers.com.
  23. "Commission delays action on sports book". Reno Gazette-Journal. AP. October 14, 1981 via Newspapers.com.
  24. "Millionaire California farmer John Anderson won state approval Thursday..." UPI. May 17, 1984. Retrieved 2018-09-26.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.