Binion's Horseshoe Closed

Water always flows downhill. It looks as if it has reached bottom for Binion's Horseshoe, home of the World Series of Poker, grandfather of all poker tournaments. The Las Vegas Sun reports:

Agents shut down gambling at Binion's Horseshoe in Las Vegas

By ADAM GOLDMAN
ASSOCIATED PRESS
LAS VEGAS (AP) - U.S. marshals and agents from the Internal Revenue Service shut down gambling at Binion's Horseshoe hotel-casino Friday, enforcing what authorities said was a federal court judgment for nonpayment of union benefits.

The hotel remained open and guests were being allowed inside the downtown property, known widely as the host of the World Series of Poker.

But roulette wheels stopped, blackjack games ended, slot machines were silenced and gamblers were told to cash in their chips about 7:30 p.m. Agents seized money from casino cashiers and sent at least some employees home.

Gaming Commission suspends license of Horseshoe

By Cy Ryan

SUN CAPITAL BUREAU

CARSON CITY - The state Gaming Commission Saturday signed an emergency order suspending the operation of table games and slot machines at the financially troubled Horseshoe Club in downtown Las Vegas until it posts the required bankroll to pay off winners.

The commission said owner Becky Behnen, daughter of the founder Benny Binion, must continue to pay the taxes and license fees due during the closure of the casino, a landmark in the downtown.

Dennis Neilander, chairman of the state Gaming Control Board, said Behnen has agreed to the condition. He declined to say how much of a bankroll Behnen must put up before the casino is reopened.