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Temples of Chance Hardcover – September 22, 1992

4.5 out of 5 stars 4 customer reviews

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Editorial Reviews

From Publishers Weekly

"Gambling is inevitable," declared the Commission on the Review of the National Policy Toward Gambling in the mid-1970s. Less than 20 years later, Johnston, a Pulitzer Prize-winning reporter for the Philadelphia Inquirer, finds that commercial gambling backed by such business moguls as Donald Trump, Merv Griffin and Steve Wynn and by such corporations as Holiday Inn, Ramada and Hilton has made profits the Mafia never even dreamed of when it controlled Las Vegas. Johnston's hard-edged, sobering account traces the questionable megabuck financial deals that support gambling's increasing popularity in America and indicts corporate and government organizations for encouraging minors to drink and gamble and for coddling high-rollers and money-mongers. An eye-opening expose.
Copyright 1992 Reed Business Information, Inc.

From Library Journal

According to Johnston, when legitimate business gained control of the casino industry from organized crime, it obtained the ability and the license to abuse and destroy customers to an extent that was not possible when casinos were run by criminals. The liberal extension of credit, ambivalent attitudes toward underage gamblers, and ineffective state regulation are among the abuses reported by Johnston, an investigative reporter who has worked for several major newspapers. He observes that legal gambling is becoming a popular quick fix for budget shortfalls in many states. This is an important, well-written book that will inform voters of the unpleasant side of the gaming industry.
- Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1992 Reed Business Information, Inc.
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Product Details

  • Hardcover: 312 pages
  • Publisher: Doubleday; 1st edition (September 22, 1992)
  • Language: English
  • ISBN-10: 0385419201
  • ISBN-13: 978-0385419208
  • Product Dimensions: 1.2 x 6.5 x 9.5 inches
  • Shipping Weight: 13.6 ounces
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #206,155 in Books (See Top 100 in Books)

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Top Customer Reviews

By Lawrance Bernabo HALL OF FAMEVINE VOICE on April 28, 2004
Format: Hardcover
"Temples of Chance: How America Inc. Bought Out Murder Inc. to Win Control of the Casino Business" literally tells the story of how the modern Las Vegas invented by Benjamin "Bugsy" Siegel when he built the Flamingo gambling resort as World War II was ending, was run by mobsters for three decades, who were bought out be a new generation of "respectable" businesspeople in the 1980s. While the media was focuses on the excesses of Wall Street the casino industry was being taken over by the heads of well known publicly traded corporations, as well as junk-bond kings like Donald Trump, Merv Griffin, and Steve Wynn. In "Temples of Chance" journalist David Johnston documents the little-publicized transformation of what has proven to be one of the country's fastest growing and most lucrative industries.
Johnston explains how in just over a decade revenues from gambling went from $2 billion a year to $10 billion. The immense profit potential of the gambling business attracted corporate giants like the Holiday Corporation and Ramada, Inc., both of which sold off their namesake hotel chains at the end of the 1980s and sank their resources into the new megacasinos. However, Johnston's book underscores that "no matter who deals the cards, the game is always the same." Now business school graduates and skilled managers have replaced mob muscle and the new "loaded dice" are provided by computer geniuses who carefully stack the odds against players, government officials who support corporate deal makers, and even subtle psychological techniques that invite addictive behavior.
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Format: Hardcover
This is an absolutely informative and yet totally entertaining book about the inside of the gambling industry. David Johnston does a great job of detailing the evolution of the casinos, all the while making a strong case for its negative impact on society. Throw in the flashy gangsters, mobsters, lawmen, colorful tales of some of the biggest gamblers, incredible stories of rags-to-riches and vice-versa, and you have a real page-turner.
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Format: Hardcover Verified Purchase
THIS IS A TRUTHFUL EXPOSE THAT WILL REMAIN SUPRESSED FROM THE AMERICAN PUBLIC ALONG WITH HIS LATEST BOOK, THE FREE LUNCH. EXTREMELY WELL DONE AND DOCUMENTED. DIFFICULT TO BELIEVE THAT AMERICA IS SO BLINDSIDED. IT IS SO OBVIOUS THAT OUR PRESS IS SO BLIND, OR RATHER SO CONTROLLED AS TO IGNORE THE CANCER OF CONTROLLED POLITICS IN THE TOP LEVEL OF OUR GOVERNMENT. IT IS CREDITABLE NOW TO UNDERSTAND HOW WE HAVE LOST OUR FREEDOM FROM WITHIN. REMEMBER THE COLLEGE STUDY OF THE BOOK 1984, IT IS STILL A VIABLE TEXT EXPOSED IN 2010.
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Format: Hardcover Verified Purchase
a good read for all of the right reasons
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