Binion's Horseshoe in Las Vegas Closed by IRS

[OneFinger]

Apparently Binion's hasn't been paid employee union benefits and the IRS stepped in. For more info see:

 

http://www.lasvegassun.com/sunbin/stories/text/2004/jan/10/011010468.html

 

I really enjoyed myself at the Horseshoe last year. Found my luck there was much better than on the strip. Hope they get this resolved soon.

[shy]

plenty of downtown casinos to choose from. i enjoyed trying my luck at binions' bj tables with the single and double deck games once in a while; but, always thought the smoke there was so much worse than other casinos.

[eastbayguy]

>Apparently Binion's hasn't been paid employee union benefits

>and the IRS stepped in. For more info see:

 

A real shame. Binion's was one of the last, big casinos still closely held by one of the original LV gaming families. Lots of history there. Last time I ate in their seafood restaurant, the food was just spectacular, and very competitively priced.

 

Hope they sort this one out. Would hate to see Binion's end like this.

 

--EBG

[jimbeaux]

>Hope they sort this one out. Would hate to see Binion's end

>like this.

>

>--EBG

 

If it does end this way, it won't be so different than the way it's last owner ended. Ted Binion was murdered, supposedly by his young wife and her boyfriend (although their convictions were later overturned by an appellate court).

[Rick Munroe]

What's all the fuss? My grandmother had bunions and she was glad to get rid of 'em.

[bigguyinpasadena]

One of my fondest memories of Las Vegas is of Benny Binion walking through his casino throwing handfulls of quarters into the trays of players slot machines.It really cost nothing-whatever he threww into the tray was going to end up back in his pockets-but what a gesture of hospitality!

Since his death his family has been plagued by in fighting and scandel.His daughter Becky has tried(now it seems in vain)to keep the horseshoe running-against tremendous odds.

It will make me very sad to see it close-last of a kind.

[eastbayguy]

>If it does end this way, it won't be so different than the way

>it's last owner ended. Ted Binion was murdered, supposedly by

>his young wife and her boyfriend (although their convictions

>were later overturned by an appellate court).

 

Now is it the wife or daughter of Ted Binion involved in the current management? I followed the trial of the wife on TV for a while, but lost track of it at some point. Sure hated to see a once-proud hotel end up in these straits. Wonder if it will be auctioned off, or if the family is sitting on enough cash somewhere to pay their taxes, fines, pensions and re-open? Sounds like they've managed to pretty well screw things up.

 

Benny Binion was indeed a grand fellow as a previous poster noted. Lots of stories about him. Someday, he'll rate a large chapter when the history of Las Vegas is written. The guy who used to own the El Rancho, downtown, with the huge Porterhouse steaks is another one. Supposedly, the El Rancho had this huge steaks because the owner ate them two at a time. Met him once, can't recall his name. Wasn't exactly a trim fellow at the time...

 

--EBG

[Guest mondo]

dont forget it is the original and only home of the world series of poker. and it is also home to many legendary poker tournaments. this has been in the making for a while, it really shouldn't be a surprise to the family. they have taken so much money out of this place for other ventures and more personal money as well. btw the poster taking about blackjack, your best odds are a single deck playing by yourself at the table. it is hard to find but when you can it can be a goldmine.

[Guest mondo]

dont forget it is the original and only home of the world series of poker. and it is also home to many legendary poker tournaments. this has been in the making for a while, it really shouldn't be a surprise to the family. they have taken so much money out of this place for other ventures and more personal money as well. btw the poster taking about blackjack, your best odds are a single deck playing by yourself at the table. it is hard to find but when you can it can be a goldmine.

[Rick Munroe]

>What's all the fuss? My grandmother had bunions and she was

>glad to get rid of 'em.

 

Rick, you have such a wicked wit. I always enjoy your amusing posts.

[shy]

<<btw the poster taking about blackjack, your best odds are a single deck playing by yourself at the table. it is hard to find but when you can it can be a goldmine>>

 

try sitting at an empty table sometime, though. the minute you sit down people all of a sudden flock to it like ants to a picnic.

[Guest mondo]

shy u are correct everybody seems affraid to "start" a table but once someone does it is all over. the only way around that is to play high stakes. then you wont have all the people jumping in, well at least most of the time. i guess i just meant to pass along specific odds to the players advantage, i know it isn't reality anymore tobe at a table alone.

[jimbeaux]

>Now is it the wife or daughter of Ted Binion involved in the

>current management? I followed the trial of the wife on TV

>for a while, but lost track of it at some point.

 

It was his sister, at least at the time of the trial, who was running the show. Even with the verdict reversal, I doubt if the wife is out of hot water yet. Most likely a re-trial will take place. His daughter didn't seem to be too interested in running the joint last I heard.

[shy]

<<i guess i just meant to pass along specific odds to the players advantage, i know it isn't reality anymore tobe at a table alone.

>>

 

i don't usually play at higher than $5 tables, though i progress my bets to catch winning streaks. you are right about playing for higher stakes in order to have a table by yourself, but high stakes are out of my league. as for better odds in single deck, and doing better at a single table, that only works if the cards are falling your way rather than the dealers'. i have been at a table by myself on occasion, and managed to blow my days' betting allotment before anyone else had a chance to sit down, when the dealer happened to be on a winning streak. sometimes a dealer is all alone at his table because he has been on a streak. i learned the hard way.;(