Kenneth Epstein was born in 1941 in Chicago, Illinois. When he was 15 years old, Epstein’s family moved to Las Vegas, Nevada. Three years later, he began to work in the gaming industry. His mentor was Jackie Gaughan, then-owner of the El Cortez Hotel and Casino, whom he met in Lake Tahoe in 1956. In 1975, Epstein became Gaughan’s business partner in the operation of the El Cortez. He also helped Gaughan and his son open the Barbary Coast on the Las Vegas Strip in 1979.