Family
Binion and his wife Teddy Jane had five children: two sons, Jack and Ted, and three daughters, Barbara, Brenda and Becky.
Jack and Ted took over as president and casino manager, respectively, in 1964. Benny's wife, Teddy Jane, managed the casino cage until her death in 1994. In 1998, Binion's daughter, Becky, took over the presidency after a legal battle, and Jack moved on to other gambling interests. Becky's presidency saw the casino sink into debt. In 2004, federal agents seized $1 million from the Horseshoe's bankroll to satisfy unpaid union benefits, forcing its closure and eventual sale to Harrah's Entertainment. It now operates as Binion's Gambling Hall and Hotel under the ownership of TLC Gaming Group.
Ted was under nearly constant scrutiny from the Nevada Gaming Commission from 1986 onwards for his involvement in drugs and associating with known mob figures. His gaming license was revoked in 1998, and he died in mysterious circumstances a few months later. Ted's live-in girlfriend and a man with whom she was having an affair were charged and convicted of murder, but the verdict was later overturned. They were retried and acquitted.
Read more about this topic: Benny Binion
Famous quotes containing the word family:
“The seven deadly sins: Want of money, bad health, bad temper, chastity, family ties, knowing that you know things, and believing in the Christian religion.”
—Samuel Butler (1835–1902)
“Children should know there are limits to family finances or they will confuse “we can’t afford that” with “they don’t want me to have it.” The first statement is a realistic and objective assessment of a situation, while the other carries an emotional message.”
—Jean Ross Peterson (20th century)
“My ambition for station was always easily controlled. If the place came to me it was welcome. But it never seemed to me worth seeking at the cost of self-respect, or independence. My family were not historic; they were well-to-do, did not hold or seek office. It was easy for me to be contented in private life. An honor was no honor to me, if obtained by my own seeking.”
—Rutherford Birchard Hayes (1822–1893)