Re: Failure? Intended?
Don't know the full history, but according to his niece in the book Too Much and Never Enough if he had just stuck with one casino he probably would have been successful. However, when he saw the money it was making he though "Wow, I need more of these!"
So he built a couple more. All that happened was the same number of punters split between them, while the costs of running them multiplied by 3.