He had come under federal investigation because he had hired Jerome Zarowitz, who had organized crime connections, as director of casino operations. Nathan Jacobson was a Baltimore insurance executive who became the president and part owner of Caesars Palace in Las Vegas, Nevada during the 1960s. ![]() It opened in 1970 and closed after Jacobson filed for bankruptcy in 1972. ![]() ![]() Kings Castle Hotel and Casino was a hotel and casino owned and operated by Nathan "Nate" Jacobson on the north shore of Lake Tahoe in Incline Village, Nevada.
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