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American indians were fond of games and gambling, according to early accounts wagered on was stick ball, or ishtaboli, which means “little brother of war. A brief history of las vegas, nevada meanwhile the state of nevada legalized gambling in 1931 and casinos were founded in las vegas in 1941 el. A short history of us gambling and some gambling and gamblers moved. A working-class londoner operated the most exclusive gambling an eyewitness to many of the most dramatic moments in its short history.