Binion's Horseshoe: Casino to Remain Closed - 2004-01-12
Unable or unwilling to raise the funds required to uphold her casino bankroll, Binion's Horseshoe owner Becky Binion Behnen agreed Saturday to keep her casino closed.
Her deal, approved by an emergency Saturday afternoon meeting of the Nevada Gaming Commission, requires Behnen to keep the 52-year-old casino closed until state regulators agree that it has enough funds available to cover gamblers' winnings.
But with the casino and its hotel closed, the future of the Horseshoe Club and its 1,000-plus workers remained unclear.
Former owner Jack Binion, who operated the property until sister Behnen assumed control of it in 1998, said Saturday that he won't be returning to control the family landmark.
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