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Jack Binion

 

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Jack Binion



 
 
Jack Binion (born 1937) is an American casino
Casino

A casino is, in the modern sense of the word, a facility that houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions....
 operator. Jack is the son of legendary casino magnate Benny Binion
Benny Binion

Lester Ben "Benny" Binion was a well known American casino owner and poker enthusiast....
 and worked for his father at Binion's Horseshoe
Binion's Horseshoe

Binion's Horseshoe, also known as the Horseshoe Casino or simply The Horseshoe, was a hotel and casino located in downtown Las Vegas, Nevada, Nevada on what is now the Fremont Street Experience....
, a casino and hotel
Hotel

----A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including Bathroom#Types of bathroomss and air conditioning or clima...
 in Las Vegas
Las Vegas, Nevada

Las Vegas is the most populous city in the U.S. state of Nevada, the seat of Clark County, Nevada, and an internationally renowned major resort city for gambling, shopping, and entertainment....
, Nevada
Nevada

Nevada is a U.S. state located in the Western United States of the United States of America. The capital is Carson City and the largest city is Las Vegas, Nevada....
.

Biography
Jack became president of the Horseshoe in 1963 at the age of 26.

Jack's fame grew following his 1970 hosting of the first World Series of Poker
World Series of Poker

The World Series of Poker is the "the oldest, largest, most prestigious, and most media-hyped gaming competition in the world". It is held annually in Las Vegas, Nevada....
 at the Horseshoe which became the largest set of poker tournament
Poker tournament

A poker tournament is a tournament in which the winners are decided by playing poker, usually a particular style of poker.Contrast this to a ring game, where the game is ongoing with no formal structure to determine a single winner in a certain length of time....
s in the world. Privately held, Binion's Horseshoe became renowned as one of Nevada's most successful casino operations.

In 1998, following a protracted legal battle for control of the Horseshoe among Benny Binion's heirs, Jack sold his interest in Binion's Horseshoe to his sister, Becky Behnen, while retaining a token 1% interest in the operation so that he could lawfully retain his Nevada Gaming License.






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Encyclopedia


Jack Binion (born 1937) is an American casino
Casino

A casino is, in the modern sense of the word, a facility that houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships and other tourist attractions....
 operator. Jack is the son of legendary casino magnate Benny Binion
Benny Binion

Lester Ben "Benny" Binion was a well known American casino owner and poker enthusiast....
 and worked for his father at Binion's Horseshoe
Binion's Horseshoe

Binion's Horseshoe, also known as the Horseshoe Casino or simply The Horseshoe, was a hotel and casino located in downtown Las Vegas, Nevada, Nevada on what is now the Fremont Street Experience....
, a casino and hotel
Hotel

----A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including Bathroom#Types of bathroomss and air conditioning or clima...
 in Las Vegas
Las Vegas, Nevada

Las Vegas is the most populous city in the U.S. state of Nevada, the seat of Clark County, Nevada, and an internationally renowned major resort city for gambling, shopping, and entertainment....
, Nevada
Nevada

Nevada is a U.S. state located in the Western United States of the United States of America. The capital is Carson City and the largest city is Las Vegas, Nevada....
.

Biography


Jack became president of the Horseshoe in 1963 at the age of 26.

Jack's fame grew following his 1970 hosting of the first World Series of Poker
World Series of Poker

The World Series of Poker is the "the oldest, largest, most prestigious, and most media-hyped gaming competition in the world". It is held annually in Las Vegas, Nevada....
 at the Horseshoe which became the largest set of poker tournament
Poker tournament

A poker tournament is a tournament in which the winners are decided by playing poker, usually a particular style of poker.Contrast this to a ring game, where the game is ongoing with no formal structure to determine a single winner in a certain length of time....
s in the world. Privately held, Binion's Horseshoe became renowned as one of Nevada's most successful casino operations.

In 1998, following a protracted legal battle for control of the Horseshoe among Benny Binion's heirs, Jack sold his interest in Binion's Horseshoe to his sister, Becky Behnen, while retaining a token 1% interest in the operation so that he could lawfully retain his Nevada Gaming License. He also acquired the rights to the Horseshoe brand outside of Nevada.

Jack went on to form Horseshoe Gaming Holding Corporation
Horseshoe Gaming Holding Corporation

Horseshoe Gaming Holding Corporation was established in 1993 with its only asset being the rights to use the Horseshoe name on casinos. The corporation was a private holding company mostly owned by Jack Binion....
 which developed and operated several highly successful riverboat casino
Riverboat casino

A riverboat casino is a type of casino found in several areas of the United States which use a riverboat as a casino. Several states authorized this type of casino to limit the areas where casinos could be constructed....
s under the Horseshoe name. Jack continued to promote the casinos for Harrah's Entertainment
Harrah's Entertainment

Harrah's Entertainment, Inc. is a private Gambling corporation that owns and operates casinos, hotels, and six golf courses under several brands....
 following his sale of the company in 2004 to Harrah's. As of 2008, Binion's name appears on the "Jack Binion's Steakhouse" at Horseshoe Tunica and several of the Horseshoe-branded casinos still carry slot machines bearing Binion's likeness called "Who Wants To Be A Binionaire?" that originated before the Harrah's acquisition.

While running Horseshoe Gaming, Jack started the World Poker Open which has become one of the major feeder tournaments for the World Series of Poker.

Jack was named to the Poker Hall of Fame
Poker Hall of Fame

The Poker Hall of Fame is a group of poker players who have played poker well against top competition for high stakes over a long period of time....
 in 2005.

In July 2006, Jack became chairman of Wynn International
Wynn Resorts

Wynn Resorts Limited is a publicly traded corporation based in Las Vegas, Nevada that is a developer and operator of high end hotels and casinos....
. His responsibilities included opening the Wynn Macau
Wynn Macau

Wynn Macau, owned by Wynn Resorts, is a luxury integrated resort in Macau Peninsula, Macau, People's Republic of China, offering Gambling combined with a deluxe hotel, restaurants, designer shops, spa, and a choreographed performance lake....
. He has since resigned the position but has remained with Wynn Resorts in a consulting role.

Sources

  • Las Vegas Sun
    Las Vegas Sun

    The Las Vegas Sun is one of Las Vegas, Nevada's two daily newspapers. It is owned by the Greenspun family and is affiliated with Greenspun Media Group....