Horseshoe May be Sold to Harrah's - 2004-01-12
Binion's Horseshoe owner Becky Behnen was in intense negotiations this morning to sell the closed downtown hotel-casino to Harrah's Entertainment Inc., sources close to the negotiations reported to the Las Vegas Sun.
A deal could be made as early as today but would not necessarily mean the casino would reopen, the sources said.
The talks intensified Friday after U.S. marshals forced the casino's sudden closure when they seized nearly $1 million in cash from the casino, which was founded by Behnen's legendary father, gaming pioneer Benny Binion, more than 50 years ago.
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