Binions Deal Closes

Doofus

Well-Known Member
zengrifter said:
Games just got worse and security tightened. zg
There were shitty games at Binions before the deal closed, and now it'll be like the Four Queens, which at least still has 3:2 SD (of a sort). It's a step up in quality from gonorrhea to chlamydia.
 

shadroch

Well-Known Member
zengrifter said:
Games just got worse and security tightened. zg

Impossible.What could be worse than 6 deck h17,6-5 BJ?


MNTR paid $20 million plus,,suffered losses every quarter and sold it for $32 million. What counting system is the author using to say that MNTR netted $28 million on the deal.
 
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zengrifter

Banned
shadroch said:
Impossible.What could be worse than 6 deck h17,6-5 BJ?

MNTR paid $20 million plus,,suffered losses every quarter and sold it for $32 million. What counting system is the author using to say that MNTR netted $28 million on the deal.
I hope he didn't say netted - should say GROSSED.

I didn't know that the games got so bad there. In early 05 when they took it over the games were quite good. During that period I ran into some of the best players in the world there. zg
 

aslan

Well-Known Member
I visited there last month. It is a real dump. It will take a monumental makeover. But it's in a good location and has great name recognition going for it. Too bad they can't resurrect the "Horseshoe" name. But if I were the new owners I would plaster Binion's history all over the place, including it's "former" name (in a historical context, naturally--I think that would be legal--like who has a monopoly on history?).
 
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shadroch

Well-Known Member
I'd take a step back in time and split the casino up into The Mint and Binions,just like it was in the heyday.Put some big screen tvs up showing clips of Police Story and other shows that featured the exterior.
Then I would reintroduce the horseshoe with the 100 $10,000 bills that you could pose for a picture with. Next I'd turn the Steakhouse into the biggest after-hours in Vegas.
 

aslan

Well-Known Member
shadroch said:
I'd take a step back in time and split the casino up into The Mint and Binions,just like it was in the heyday.Put some big screen tvs up showing clips of Police Story and other shows that featured the exterior.
Then I would reintroduce the horseshoe with the 100 $10,000 bills that you could pose for a picture with. Next I'd turn the Steakhouse into the biggest after-hours in Vegas.
Great ideas. They should hire you as their consultant.

Did you see what they did to the Aladdin? On the cheap and lost what class it ever had. It was never a Bellagio, but it was a decent looking place to gamble. Now they have fabric wrapped lights (do-it-yourself home decorating 101) along side beautiful crystal globes leftover from the former Aladdin, and new but cheap looking carpets and room furniture.
 
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zengrifter

Banned
aslan said:
I would plaster Binion's history all over the place,


Ya, the REAL Benny history, told most detailed by Denton and Morris in The Money and The Power - How Las Vegas became America's Shadow Capital. Unfortunately the Binion chapter, worth the price of the book, is not available online... but this is -

Excerpt Chapter 1​
1. Meyer Lansky
The Racketeer as Chairman of the Board
He was born Maier Suchowljansky in 1902 at Grodno, in a Poland possessed by Tsarist Russia. As a child he envisioned the United States as a place of angels, "somewhat like heaven," he would say much later. When he was ten, his family fled the pogroms directed at Jews for the land of his dreams. In the Grand Street tenements of the Lower East Side of Manhattan he found not angels but what he called his "overpowering memory"-poverty, and still more savage prejudice.​
In school, where he excelled, his name was Americanized. Meyer Lansky was a slight child, smaller than his peers. But he soon acquired a reputation as a fierce, courageous fighter. One day, as he walked home with a dish of food for his family, he was stopped by a gang of older Irish toughs whose leader wielded a knife and ordered him to take down his pants to show if he was circumcised. Suddenly, the little boy lunged at his tormentor, shattering the plate into a weapon, then nearly killing the bigger boy with the jagged china, though he was almost beaten to death himself by the rest of the gangbefore the fight was broken up. Eventually, he would become renowned for his intelligence rather than his physical strength. Yet no one who knew him ever doubted that beneath the calm cunning was a reserve of brutality.​
He left school after the eighth grade, to find in the streets and back alleys of New York his philosophy, his view of America, ultimately his vocation. He lived in a world dominated by pimps and prostitutes, protection and extortion, alcohol and narcotics, legitimate businesses as fronts, corrupt police, and ultimately, always, the rich and powerful who owned it all but kept their distance. There was gambling everywhere, fed by the lure of easy money in a country where the prospects of so many, despite the promise, remained bleak and uncertain.​
A gifted mathematician with an intuitive sense of numbers, he was​
naturally drawn to craps games. He was able to calculate the odds in​
his head. Lore would have it that he lost only once before he drew an​
indelible lesson about gambling and life. "There's no such thing as a​
lucky gambler, there are just the winners and losers. The winners are​
those who control the game . . . all the rest are suckers," he would​
say. "The only man who wins is the boss." He decided that he would be​
the boss. He adopted another, grander axiom as well: that crime and
corruption were no mere by-products of the economics and politics of
his adopted country, but rather a cornerstone. That understanding,
too, tilted the odds in his favor.
 
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zengrifter

Banned
zengrifter said:
Ya, the REAL Benny history, told most detailed by Denton and Morris in The Money and The Power - How Las Vegas became America's Shadow Capital. Unfortunately the Binion chapter, worth the price of the book, is not available online... but this is -
From Tuscon Weekly -
The authors draw a grim picture of a city that flourishe as an international rinse cycle for dirty money that poure in from around the globe. All the while, regulators sit on the sidelines like corrupt and weak-kneed pit bosses in on the fix.

The book is a roster of America's marginal elite who lined up to gorge at the feeding trough of easy money and influence. Benny Binion, J. Edgar Hoover, Jimmy Hoffa, the Kennedy clan, Howard Hughes and LBJ are just a few of the famous who profited from the Vegas machine. Corporate giants, the Mormon church, the teamsters--the list goes on. Meanwhile, everyone looks the other way. "I might point out that there are more churches per capita in Nevada than in any state in the union" is the only defense one state regulator can offer when forced to defend his shady community.
 

zengrifter

Banned
BRINGING BACK BINION'S

New owner hopes to return downtown icon to its rootin' tootin' roots

From a hotel room no bigger than a bathroom in a swanky Strip megaresort, Mark Burstein pried open a trap door and peered through a peephole to the casino floor at Binion's Hotel and Gambling Hall.

The trap door led to a glorified crawl space with catwalks and portals the late Fremont Street gambling scion Ted Binion used to spy on suspected cheaters.

"We didn't have cameras back then," said Burstein, an engineer at the property. "It was the eye in the sky."

MORE- (Dead link: http://www.lvbusinesspress.com/articles/2008/04/15/news/iq_20830241.txt)
 

Brutus

Well-Known Member
From a hotel room no bigger than a bathroom in a swanky Strip megaresort, Mark Burstein pried open a trap door and peered through a peephole to the casino floor at Binion's Hotel and Gambling Hall.

The trap door led to a glorified crawl space with catwalks and portals the late Fremont Street gambling scion Ted Binion used to spy on suspected cheaters.
who wouldnt pay 10 bucks to check that out!
anyone else heard the stories of secret passageways above and below the casino at Binions?
much less the chatter of strange goings-on inside of them.

I would like to see a guided tour, including a talking Benny Binion in wax at his favorite spot in the coffee shop.
saying... "ahh what the hell is this 6:5 on blackjacks?... ya gotta give the people some action for their money, and no watered down drinks either. In my day a house would go broke treating people like that... my legendary hospitality is what made this town what is today. most of these big time operators werent born in time to see dawn of las vegas, and what made it great"
 
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aslan

Well-Known Member
Last time I visited it was a haven for derelicts. But I have no doubt that Terry Caudill can restore it to its former heyday. As the ongoing Strip traffic jam continues to worsen, particularly when that monstrosity (City Center) they're building next to the Bellagio opens, downtown Las Vegas will have greater and greater potential, if only the owners there seize the moment to capitalize on it.
 

Brutus

Well-Known Member
aslan said:
Last time I visited it was a haven for derelicts. But I have no doubt that Terry Caudill can restore it to its former heyday. As the ongoing Strip traffic jam continues to worsen, particularly when that monstrosity (City Center) they're building next to the Bellagio opens, downtown Las Vegas will have greater and greater potential, if only the owners there seize the moment to capitalize on it.
I totally agree about the traffic on the strip, but imo south of town has the greatest potential.
 

aslan

Well-Known Member
shadroch said:
I agree with south of town. 90 miles south to be exact. Viva Laughlin.The next great boomtown.
Only 50 miles west is Pahrump, population 35,000, but growing about 10% a year. So far they only have a few casinos, but the potential is there. Also, they have a few bordellos. I wonder how that will affect business?
 

zengrifter

Banned
aslan said:
Only 50 miles west is Pahrump, population 35,000, but growing about 10% a year. So far they only have a few casinos, but the potential is there. Also, they have a few bordellos. I wonder how that will affect business?
In Parump is where there should be a hotel-casino-timeshare sales-BROTHEL. Its a natural. zg
 
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