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flamingo paradise slotLas Vegas - The Gambling Capital of the World: After casinos were legalized in Nevada, Las Vegas quickly developed into the "gambling capital" of the world. Famous casino structures such as The Flamingo (opened by Meyer Lansky and Bugsy Siegel in 1946), Caesars Palace (1966), and The Venetian (1999) have become symbols not only of the casino industry but also of global tourism.