U.S. Shuts Binion's Casino in Las Vegas
Associated Press January 11, 2004
LAS
VEGAS — A
landmark hotel-casino was closed indefinitely Saturday after
federal agents shut down the casino floor and
seized an estimated $500,000 to pay for unpaid employee benefits.
The
front doors were locked and yellow police tape greeted visitors
to Binion's
Horseshoe Hotel & Casino, a downtown
Las Vegas fixture for 52 years and home to the wildly popular
World Series of Poker.
"It's the end of an era," said
Jim DiGiorgio, an adult film director who was among the guests
told to find a
new hotel Saturday.
Some 900 Binion's employees were left without work after owner
Becky Binion Behnen agreed to close the property until she
could find enough money to reopen it, said Keith Copher, chief
enforcement officer of the Nevada Gaming Control Board.
Gamblers watched in disbelief Friday night as U.S. marshals
shut down the casino floor. The agents were enforcing a court
order against the property, which has not paid about $3 million
in pension and health-insurance benefits since last summer
for an estimated 400 union employees, said D. Taylor, secretary-treasurer
of Culinary Union Local 226.
"This was a desperation measure on our part," he
said. "It's never good when something like this happens." He
added that the union will help its members find other jobs.
During an emergency meeting Saturday of the Nevada Gaming
Commission, Behnen agreed to a suspended gambling license and
will have to show she has obtained the property's minimum bankroll
requirements before reopening, Copher said. He declined to
say what that amount would be, citing confidentiality requirements.
Behnen did not attend the brief meeting in Las Vegas, but
her lawyer appeared on her behalf. Copher said she promised
the commission that she would honor all bets and jackpots won
at the hotel-casino.
Behnen did not return calls seeking comment, and messages
left for her lawyer were not immediately returned. Phones rang
unanswered at the hotel-casino Saturday afternoon.
Legendary cowboy Benny Binion founded the casino in 1951 in
downtown's Glitter Gulch. Binion's became popular as a high-stakes
gambling spot where reportedly no bet was turned away.
Binion, who died in 1989, began the World Series of Poker
in 1970 and watched the annual tournament grow into poker's
premier event.
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