Gambling Honors
By maddy
Yesterday, singer Tom Jones and Harrah's Chairman Phil Satre were inducted into the Gaming Hall of Fame at the new Borgata Hotel Casino and Spa.

Coinciding with the 25th anniversary of casino gambling in Atlantic City and the opening of the $1.1 billion Borgata, it was the first time in the event's 15-year history that the ceremony was held outside Las Vegas. 'Our trip to Atlantic City is long overdue, don't you think?' Frank Fahrenkopf, president of the American Gaming Association.

Phil Satre, 53, a private lawyer by profession started in Harrah's in 1978 when he was sent to Atlantic City to gauge the reaction to the first casino to open there, Resorts International. Satre went on to become Harrah's president in 1984 and later was named CEO. During his reign, the company grew from a two-casino operation into a $4 billion company that operates 26 casinos in 13 states. 63-year old Tom Jones, who dreams of singing in casinos as long as he can, made his first appearance in Atlantic City at Resorts in 1978, the same year as Harrah.

 
 
 
 
 
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