On this day in 1931 gambling was legalised in Nevada.
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize. Typically, the outcome of the wager is evident within a short period.
Unregulated gambling was commonplace in the early Nevada mining towns but was outlawed in 1909 as part of a nation-wide anti-gambling crusade. Because of subsequent declines in mining output and the decline of the agricultural sector during the Great Depression, Nevada again legalized gambling on March 19, 1931, with approval from the legislature. Governor Fred B. Balzar’s signature enacted the most liberal divorce laws in the country and open gambling. The reforms came just eight days after the federal government presented the $49 million construction contract for Boulder Dam (now Hoover Dam).