Every once in a while we run across stories about Hollywood stars insuring their body parts. A couple of examples: Bette Davis was famous for her small waist and insured it against weight gain for the equivalent of $400,000; and 1920s comedian Ben Turpin, who was famously cross-eyed, took out a policy of similar value should his eyes ever straighten. National Enquirer insists on this cover from today in 1960 that British star Sabrina, aka Norma Ann Sykes, insured her breasts. The tabloid is in fact correct—she allowed her manager Joe Matthews to insure her endowment with Lloyd’s of London for £UK100,000. In today’s cash that would be about £2.4 million, or $3.2 million. You may think that’s excessive, but when’s the last time your boobs caused a riot? Unfortunately the weight she carried on her torso led to chronic back pain and a failed attempt at a surgical fix that left her in a wheelchair for the rest of her life. She died in obscurity last year. It was a sad ending for the former sex symbol. But once upon a time she was a one-name star—just Sabrina—and a global obsession.
1931—Nevada Approves Gambling
In the U.S., the state of Nevada passes a resolution allowing for legalized gambling. Unregulated gambling had been commonplace in the early Nevada mining towns, but was outlawed in 1909 as part of a nationwide anti-gaming crusade. The leading proponents of re-legalization expected that gambling would be a short term fix until the state’s economic base widened to include less cyclical industries. However, gaming proved over time to be one of the least cyclical industries ever conceived.