$1 Casino Poker Chip Club Cal Neva Lodge Crystal Bay NV. Faded $1 , golden lettering

Cal Neva Resort & Casino, previously known as the Calneva Resort and Cal-Neva Lodge, is a resort and casino straddling the border between Nevada and California on the shores of Lake Tahoe. The original building was constructed in 1926, and became famous when the national media picked up a story about actress Clara Bow cancelling checks she owed to the Cal-Neva worth $13,000 in 1930 ($210,900 today).[3] After burning down in a fire in 1937, the structure was rebuilt in only 30 days. In 1960, entertainer Frank Sinatra purchased the resort with several others, including singer Dean Martin and Chicago mobster Sam Giancana.

Under Sinatra, the Celebrity Room was added alongside a helipad and it opened year round. His ownership gradually increased over the following two years until he owned 50% outright. Giancana's attendance at the property first provoked a rift between Sinatra and share holder Hank Sanicola, and later resulted in Sinatra's gambling license being suspended by the Nevada Gaming Control Board. Sinatra initially leased the property to Jack L. Warner and later in 1968 to a group of investors. It passed through the hands of a series of investment groups until 1976 when it was bought by Kirk Kerkorian. The property closed for renovations in 2013 and has not reopened since. Larry Ellison purchased the property out of bankruptcy in 2018.

In popular culture

The infrastructure of the resort was copied as a base template for the setting of the 2018 film Bad Times at the El Royale.