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Batista would open Havana to large-scale gambling, and his government would match, dollar for dollar, any hotel investment over US$1 million, which would include a casino license. During a stay at the Waldorf-Astoria Hotel in New York in the late 1940s, it was mutually agreed that, in exchange for kickbacks, Batista would offer Lansky and the Mafia control of the country’s casinos and racetracks. Lansky was part of a group of mobsters who came to Havana in the 1940s and 50s that involved themselves in the casino and hotel industry on the island of Cuba. Lansky said in several interviews later in his life that if it had been up to him, “Ben Siegel would be alive today”. With Luciano’s support, Lansky convinced the other investors to give Siegel more time.
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