Is Jack Binion ready to resume gaming?
(May 12, 2009 7:05 AM) -
Gaming Insider by Phil Hevener |
Operator may take a shot at old Horseshoe
Do you suppose Jack Binion has an interest in another bite of the apple? The "apple" in this case being the Binion’s Gambling Hall that he and his family owned and ran for years as the Horseshoe, one of Nevada’s best-known casinos.
Binion is not saying anything about such a possibility and probably won’t until the moment there is a deal, if that ever occurs.
But Binion is known to be looking for another Las Vegas casino and sources with an eye on downtown real estate transactions speculate Binion may be eyeing the Horseshoe. As possible purchases go it would be a relative bargain. He has the money and a name that would make a big difference on a casino anywhere in the Las Vegas area.
Like other potential buyers of supposedly available casinos, Binion has scouted the Strip from one end to another, but is not ready to pay the "pre-recession" prices current Strip owners are still demanding.
Recent developments downtown suggest the time may never be better for Binion to reacquire the Fremont Street hotel and casino opposite the Golden Nugget.
MORE- http://www.gamingtoday.com/opinion/story.bv?storyid=21350 (Archive copy)
(May 12, 2009 7:05 AM) -
Gaming Insider by Phil Hevener |
Operator may take a shot at old Horseshoe
Do you suppose Jack Binion has an interest in another bite of the apple? The "apple" in this case being the Binion’s Gambling Hall that he and his family owned and ran for years as the Horseshoe, one of Nevada’s best-known casinos.
Binion is not saying anything about such a possibility and probably won’t until the moment there is a deal, if that ever occurs.
But Binion is known to be looking for another Las Vegas casino and sources with an eye on downtown real estate transactions speculate Binion may be eyeing the Horseshoe. As possible purchases go it would be a relative bargain. He has the money and a name that would make a big difference on a casino anywhere in the Las Vegas area.
Like other potential buyers of supposedly available casinos, Binion has scouted the Strip from one end to another, but is not ready to pay the "pre-recession" prices current Strip owners are still demanding.
Recent developments downtown suggest the time may never be better for Binion to reacquire the Fremont Street hotel and casino opposite the Golden Nugget.
MORE- http://www.gamingtoday.com/opinion/story.bv?storyid=21350 (Archive copy)
