INFORMATION REPORT

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP64B00346R000100300009-3
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 15, 2016
• Document Release Date: March 17, 2004
• Sequence Number: 9
• Publication Date: February 21, 1962
• Content Type: MEMO

Approved For Release 2004/0312
P*, QP 4qo 68000100300009-3
OGC 62-0456
21 February 1962
MEMORANDUM FOR THE RECORD
SUBJECT: Information Report
In meeting with Mr. Jay G. Sourwine, Chief Counsel, Senate
Internal Security Subcommittee staff, Mr. Sourwine provided the
following information which he had received from the State Gaming
Commission, State of Nevada, concerning a possible attempt by
foreign interests to gain control of Harold's Club, Reno, and the
Tropicanna Hotel, Las Vegas.
1. Mr. Ephraim Einhorn, a retired Rabbi of Los
Angeles, California, acting apparently as a representative
for a Mr. Jaldas (phonetic - possibly Djialdas), an extremely
wealthy Egyptian Hindu, who was believed to have dealings
with the Soviets, including gem stones (believed also that
he may hold the Soviet emerald monopoly), made an offer
of $16, 000, 000, one half to be paid in cash, for Harold's
Club, Reno; and $20, 000, 000, one half in cash, for the
Tropicanna Hotel, Las Vegas. The money was procured
at favorable interest rates in Switzerland. The deal has
fallen through "because Henry Smith, the owner of Harold's
Club, who is a strict Methodist, did not like the deal. " As
a result, the Nevada Gaming Control Board has dropped the
matter and is not following it any further. Apparently the
Tropicanna deal has been called off following the termination
of the Harold's Club negotiations.
2. It was stated that Jaldas is a great friend of the
Sheik of Kuwait, indicating the possibility that either Arabian
or Soviet interests could be involved.
3. Although somewhat unclear, the cash commitments
were apparently deposited with the First National Bank of Reno.
Mr. Eddie Quinto, the owner of that bank, was killed a few
weeks ago. The correctness and the importance of this
Approved For Release 2004/03/26 : CIA-RDP64B00346R000100300009-3
 Approved For Release 2004/03/26 ClA-RDP643O0346R000100300009-3
latter item was not clear in the conversation with Mr. Sourwine
and it was not considered desirable to press for further detail
at that time.
25X1
ssis av egis a ive ,ounse
25X1 cc:
OGC/LC:JGOJr:cdk (12 Mar 62)
O - Subj. Sen. Internal Security Subcommittee File
1-Signer
1 - Chrono.
Approved For Release 2004/03/26 CIA-RDP64B00346R000100300009-3