Flamingo Las Vegas: Difference between revisions

 

===Later years and Siegel's legacy (1967–present)===

American businessman [[Kirk Kerkorian]] acquired the Flamingo in 1967,<ref>{{cite web |url = http://gaming.unlv.edu/abstract/fin_mgm.html |title = Nevada Gaming Abstract - MGM MIRAGE Company Profile |access-date = March 26, 2007 |archive-date = March 1, 2019 |archive-url = https://web.archive.org/web/20190301152235/https://gaming.unlv.edu/abstract/fin_mgm.html |url-status = dead }}</ref><ref>{{cite news |title=Flamingo Hotel Is Obtained in $12.5-Million Deal |url=https://www.nytimes.com/1967/08/15/archives/news-of-realty-las-vegas-sale-hamingo-hotel-is-obtained-in.html |access-date=January 8, 2024 |work=The New York Times |date=August 15, 1967}}</ref> making it part of his International Leisure Company.<ref>{{cite news |title=Companies buying Las Vegas casinos |url=https://www.newspapers.com/newspage/7935489/ |work=Arizona Republic |date=November 11, 1968 |access-date=January 10, 2024 |via=Newspapers.com |url-access=subscription}}</ref> In 1970, [[Hilton Hotels Corporation]] bought a 44-percent interest in Kerkorian's company.<ref>{{cite news |title=Kerkorian to sell control hotels on the Strip |url=https://www.newspapers.com/newspage/149640979/ |work=Reno Gazette-Journal |agency=Associated Press |date=July 15, 1970 |access-date=January 12, 2024 |via=Newspapers.com}}</ref><ref>{{cite news |title=Hilton Corp. to acquire casino stock |url=https://www.newspapers.com/newspage/150664532/ |work=Reno Gazette-Journal |agency=Associated Press |date=March 12, 1971 |access-date=January 12, 2024 |via=Newspapers.com}}</ref> The following year, Hilton increased its ownership stake further,<ref>{{cite news |title=Hilton Hotels to buy more casino stock |url=https://www.newspapers.com/newspage/148049732/ |work=Reno Gazette-Journal |agency=Associated Press |date=June 30, 1971 |access-date=January 12, 2024 |via=Newspapers.com |url-access=subscription}}</ref><ref>{{cite news |title=Hilton buys million shares from Kerkorian |url=https://www.newspapers.com/newspage/148024323/ |work=Reno Gazette-Journal |date=August 20, 1971 |access-date=January 15, 2024 |via=Newspapers.com |url-access=subscription}}</ref><ref>{{cite news |title=Merger plan is approved by directors |url=https://www.newspapers.com/newspage/147992438/ |work=Reno Gazette-Journal |date=December 2, 1971 |access-date=January 15, 2024 |via=Newspapers.com |url-access=subscription}}</ref> and renamed the resort as the Flamingo Hilton.<ref>{{cite web |last=Anderson |first=Allan |title=A Brief History of the Flamingo Hotel/Casino |url=https://www.ccgtcc-ccn.com/Flamingo.pdf |website=Casino Chip and Token News |access-date=January 15, 2024 |date=2001}}</ref>{{efn|name=Names|Also known as the '''Flamingo Hilton Las Vegas''' after the opening of other properties, such as the [[Flamingo Hilton Laughlin]] in 1990.<ref>{{cite news |title=Hilton |url=https://reviewjournal.newsbank.com/search?text=%22Giovenco%20said%20the%20opening%22&content_added=&date_from=&date_to=&pub%5B0%5D=1508AFD0E83DBED6 |work=Las Vegas Review-Journal |date=January 17, 1990 |access-date=January 15, 2024 |url-access=subscription |quote=Giovenco said the opening of the 2,000-room Flamingo Hilton Laughlin in July and completing of the Flamingo Hilton Las Vegas' new tower in March will help alleviate some problems.}}</ref>}} In 1972, Hilton bought out the remaining shares of International Leisure.<ref>{{cite news |title=Hilton-Leisure merger approved |url=https://www.newspapers.com/newspage/148018309/ |work=Reno Gazette-Journal |agency=Associated Press |date=March 3, 1972 |access-date=January 15, 2024 |via=Newspapers.com |url-access=subscription}}</ref>