"El Cortez Hotel and Casino is the longest continuously running hotel and casino in Las Vegas. Opened in 1941, it was so successful that it attracted the attention of Bugsy Siegel, Meyer Lansky, Gus Greenbaum, and Moe Sedway, all whom purchased it in 1945.
In 1963 El Cortez was purchased by Jackie Gaughan, and it has been run as a family business ever since, even through its sale to Ike Gaming in 2008.
Augustus Bertrand "Gus" Greenbaum (1894-1958) was a Las Vegas, Nevada casino executive with ties to organized crime. A longtime associate of Meyer Lansky, Greenbaum moved to Las Vegas in the early 1940s as an investor in the El Cortez and the race wire. In 1946, he became involved in the Flamingo, and after the June 1947 murder of Benjamin "Bugsy" Siegel, he assumed control of the property along with Morris Rosen and Moe Sedway. Greenbaum turned Siegel's financial losses into a $4 million profit within a year.
Israel "Icepick Willie" Alderman was a Las Vegas, Nevada casino investor and manager with ties to organized crime. Along with his associates Meyer Lansky, Bugsy Siegel, Moe Sedway, David Berman, and Gus Greenbaum, he was involved in the El Cortez, the Riviera, the Flamingo, and the Las Vegas Club. Prior to living in Las Vegas, he was mob enforcer in Minneapolis, Minnesota, where he was given his nickname based on his perfection of the icepick method of murder.
Israel "Icepick Willie" Alderman was a Las Vegas, Nevada casino investor and manager with ties to organized crime. Along with his associates Meyer Lansky, Bugsy Siegel, Moe Sedway, David Berman, and Gus Greenbaum, he was involved in the El Cortez, the Riviera, the Flamingo, and the Las Vegas Club. Prior to living in Las Vegas, he was mob enforcer in Minneapolis, Minnesota, where he was given his nickname based on his perfection of the icepick method of murder.
David "Davie" Berman (1903-1957) was one of the pioneers of the casino business in Las Vegas, Nevada. Berman was born January 16, 1903 in Odessa, Ukraine and grew up in Ashley, North Dakota. He was named Donald at birth but later changed his name to David. By age 16 he ran the biggest bootlegging operation in Iowa, and was also involved with organized crime in New York City and Minneapolis.
Benjamin "Bugsy" Siegel (1906-1947) was a well-known Las Vegas, Nevada casino investor and manager, most famously associated with the Flamingo and organized crime. Born Benjamin Siegelbaum in Brooklyn, New York on February 28, 1906, Siegel formed the Bug and Meyer Mob with Meyer Lansky while he was still a teenager. Later, Siegel was a founding member and chief operator of "Murder, Inc.," an organized crime "enforcement" group.