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Did You Know?

Harrah's retained the rights to the Horseshoe brand and the World Series of Poker when it sold the casino and hotel, but sold the Binion's brand.

Despite these measures, the Horseshoe became bogged down in debt.

The battle ended with Jack being bought out while retaining a 1% interest in the casino so that he could retain his Nevada gaming license.

Bob Stupak also drew negative publicity to the casino when he tried to redeem his $5,000 casino tokens, some of which were stored in the casino's own safe deposit boxes, and Becky refused to honor them.Behnen's undoing, however, was a dispute with the unions that represented some of the Horseshoe's employees.

Las Vegas Review-Journal, 2004-01-10 The seizure took place on January 9; ultimately federal marshals and IRS agents seized $1 million in order to satisfy debts owed to the Southern Nevada Culinary and Bartenders Pension Trust Fund and to the Hotel Employees and Restaurant Employees International Union Welfare Fund.

He sold his share of the casino to fellow gambler Joe W.Brown to pay approximately $5 million in legal costs.

Flash News :

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