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Segment 3 (The Bally Co.) #491451

NBC Evening News for Tuesday, Nov 22, 1977
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(Studio) Advent of legalized gambling in Atlantic City, New Jersey, gambling's already legal status in Las Vegas, and possibility it will be so elsewhere soon noted, along with concerns that organized crime will get involved as gambling becomes more widespread. Law enforcement investigations of companies in legal gambling business, include Bally Company, which makes slot machines, cited.
REPORTER: David Brinkley

(No location given) Bally's worth and trade on New York Stk. Exchange noted as is involvement in Bally's beginnings of organized crime figure Gerardo Catena, who is alleged to be acting head of Genovese Mafia family, according to report of federal and state investigators to governor of Florida. (Photo of Catena shown.) Resultant events with regard to Catena's sale of interest in Bally and company's stand with regard to mob ties cited. [Bally Company president William T. O'DONNELL - says Catena never even asked how business was. Notes own investigations re: Catena's possible hidden interest in company and that

Reporter(s):
Brinkley, David
Duration:
00:05:40

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