The Perlmans sold their shares in Caesars World that year after trying to get a gaming license for a casino in Atlantic City, New Jersey. The New Jersey Casino Control Commission accused the brothers of doing business with people who had organized-crime connections. It was intended to be the world’s liveliest and most expensive casino, attracting elite gamblers from around the world. In 1969, a Federal Organized Crime Task Force accused the casino’s financial manager, Jerome Zarowitz, of having ties with organized-crime figures in New York and New England. The company soon shed its restaurant operations and changed its name to Caesars World.
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