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The government would get US$250,000 for the license, plus a percentage of the profits from each casino. Unlike the procedure for acquiring gaming licenses in Vegas, this provision exempted venture capitalists from background checks. By 1955, he had changed the gambling laws again, granting a gaming license to anyone who invested US$1 million in a hotel or US$200,000 in a new nightclub.
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Many of the casinos, including several of Lansky’s, were looted and destroyed that night. In 1955 Batista altered the gambling laws so that any club lucky max casino or hotel worth an amount equal to or in excess of $1 million was permitted to host a casino. It was rumored that besides the US$250,000 to get a license, sometimes more was required under the table. A Cuban army general and government sports director, Fernandez was also given the parking meters in Havana as an extra bonus.
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