![]() ![]() In 1959, Bill Harrah decided it was time to roll the dice and spend more than $3.5 million of borrowed money to expand Harrah’s Tahoe and build a state-of-the-art nightclub and dinner theater with “Vegas-type stars performing every night of the year.”īuilt in just nine months, with construction crews often working around-the-clock, Harrah had insisted that his dream 850-seat theater (fairly large by the standards of the day) be ready in time to host the expected horde of visitors coming to the 1960 Winter Olympics in nearby Squaw Valley. ![]() These moves gave him the property needed to realize his vision for Harrah’s Lake Tahoe. Looking to expand, the next year he bought the former Stateline Country Club across the highway and, in 1958, added the adjacent Nevada Club to his holdings. He bought the Gateway Club on the lake side of Highway 50 and opened his second gambling house in Nevada, nearly 18 years after opening the bingo parlor that became Harrah’s Reno. ![]() Harrah took a chance on the then-sleepy, seasonal resort town of Stateline on the South Shore of Lake Tahoe. STATELINE - In 1955, budding casino magnate William F. ![]()
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