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Benny Binion at the 1979 World Series of
PokerLester Ben "Benny" Binion (November 20, 1904
- December 25, 1989) was a well known casino owner and poker
enthusiast.
Law problems
Binion was born and raised in Grayson County,
Texas, north of Dallas, but moved to El Paso when he was 18.
There, he began moonshining where he was twice convicted for
it. In 1928, under fear of legal consequences, he gave up
moonshining and opened a numbers game, or lottery, which was
also illegal.
In 1931 he was convicted of murder after
shooting Frank Bolding who moved as if to attack Binion in
a back yard where they were arguing. Because the reputation
of Bolding was so poor, Binion only got a two-year suspended
sentence. He would later kill a fellow numbers operator who
first drew a gun on him. Binion was found innocent on the
grounds of self-defense.
Casino years
Because of his own notoriety, in 1946 he
moved to Las Vegas, Nevada. He became a partner of the Las
Vegas Club casino, but left after a year because of disagreements
about limits on bets. In 1951 he opened Binion's Horseshoe
casino, and it immediately became popular because of the high
limits on bets. Because of the competition, Binion sometimes
received death threats, although eventually casinos raised
their limits to keep up with him. Additionally, the Horseshoe
would honor a bet of any monetary value as long as it was
the first bet made.
Binion was in the vanguard of Las Vegas casinos,
being the first to install carpets, the first to have limousines
pick up customers, and the first to give free drinks to players.
Although comps were normal for high rollers, Binion opened
the door for all players.
Despite physically getting away from Texas,
he still had legal troubles. He served time in Leavenworth
Penitentiary from 1953 to 1957 for tax evasion related to
his operations in Texas. He had to sell his share of the casino
to pay around $5 million for legal costs, but in 1964 his
family regained control. Benny, however, was never allowed
to hold a gambling license afterwards, although he was on
the payroll as a consultant.
His sons Jack and Ted would become president
and manager, respectively, and his wife Teddy Jane managed
the casino cage. In 1998, Binion's daughter, Becky, took over
the presidency after a legal battle and Jack moved on to other
gambling interests.
Legends and legacy
Binion once arranged for Johnny Moss and Nick the Greek to
play a five month long poker tournament, which Nick the Greek
ultimately ended up losing. After the final hand, and losing
millions of dollars, Nick The Greek uttered one of the most
famous poker quotes of all time, "Mr. Moss, I have to
let you go."
Binion helped the game of poker spread and
become popular, by helping to create the World Series of Poker.
He died of heart failure at the age of 85 on December 25,
1989 in Las Vegas. He was posthumously inducted into the Poker
Hall of Fame in 1990.
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