Harrah's To Buy Binion's Horseshoe - 2004-01-14
Just 3-days after Binion's Horseshoe was forced to shut its doors, the popular hotel-casino will soon see a new owner. Monday afternoon, Harrah's announced it will buy the place -- a deal is all set for the ownership to switch hands.
Harrah's will also take over all of the Horseshoe's debts. It could all happen in a matter of days, but it all depends upon how fast the gaming control board could give the sale their seal of approval. A total cost of the sale has not been disclosed, but industry insiders say it could be somewhere around 50-million dollars.
Read the full story at KVBC