also known as the Horseshoe Casino
or simply The Horseshoe,
was a hotel and casino located in downtown Las Vegas
on what is now the Fremont Street Experience
. The casino was named for its founder, Benny Binion
and had 366 rooms, three restaurants and a rooftop pool
The property is still open, but Harrahs
owns the The Horseshoe
brand name. As of 2008 it is owned by TLC Corporation and runs under the name Binion's Gambling Hall and Hotel
Binion also instituted high table limits
. When he first opened the Horseshoe, he set the craps
table limit at $500—ten times higher than any other casino in Las Vegas at the time. Ultimately, Binion's raised the table limit to $10,000 and even eliminated table limits completely at times, which was an immediate hit.
Unlike other casinos, the emphasis at Binion's was on gambling, not on big performing acts. The casino was also very egalitarian; there were no private pits for high rollers.
Binion's entire family was involved in the casino. His wife Teddy Jane managed the casino cage
until her death in 1994. His sons, Jack
, supervised the games. His daughter, Becky (later Becky Binion Behnen
), managed the kitchen.
brand was used for several casino properties owned by the Binion family members. While not part of the same company, the other Horseshoe Casinos
were owned by Jack Binion
, a co-owner of Binion's.
Benny Binion bought the Eldorado Club
and Apache Hotel
in 1951,... Read More