Benny Binion Net Worth is$75 Million
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Profession: Businessperson
Date of Birth: Nov 20, 1904
Country: United States of America
Benny Binion was a casino owner, mobster and poker enthusiast with a net worth of $75 million. Benny Binion has accumulated his net worth through his partnership in a casino nightclub, and as owner of The Westerner Gambling House and Saloon, and others he purchased. He was also involved in many illegal ventures. He was born in Grayson County, Texas U.S.
Lester Ben "Benny" Binion (November 20, 1904 - December 25, 1989) was a well-known American casino owner, mobster, poker enthusiast, cutting horse owner and convicted felon.
Binion was born and raised in Grayson County, Texas, north of Dallas. His parents initially kept him out of school due to precarious health. His father, a horse trader, let him accompany him on trips. While the outdoor life restored his health, Benny Binion never had any formal education.
Binion's FBI file reveals a criminal history dating back to 1924, listing offenses such as theft, carrying concealed weapons, and two murder convictions. Binion moved to El Paso when he was 17. There, he began moonshining, for which he was twice convicted. In 1928, in fear of legal consequences, he gave up moonshining and opened a number of operations. While he was in El Paso, he also learned to gamble, a favorite pastime of the traders waiting on the campgrounds.
In 1931, Binion was convicted of murdering an African American rum-runner, Frank Bolding, "cowboy style." This was the origin of Binion's "Cowboy" nickname. Binion received a two-year suspended sentence. Binion would later kill Ben Frieden, a numbers operator in competition with Binion. By 1936, Binion had gained control of gambling operations in Dallas, with protection from a powerful local politician.
On September 12, 1936, Binion and a henchman reportedly stalked Frieden and emptied their .45s into the unarmed man. Binion then shot himself in the shoulder and turned himself in to police, claiming that Frieden had shot him first. Binion was indicted, but the indictments were later dismissed on the grounds that Binion had acted in self-defense. In 1938, Binion and his henchmen allegedly killed Sam Murray, another of his competitors in the gambling rackets. Binion was never indicted for this murder, and charges were dropped against his henchmen.
By the early 1940s, Binion had become the reigning mob boss of Dallas. He then sought to tak

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Benny Binion Latest News

After 60 years, their love is still strong

You would be forgiven for saying Judy and Ted Binion’s marriage, which clocked up 60 years at the end of last month, was built on some pretty simple stuff. On their initial meetings, Mrs Binion thought Mr Binion was ‘‘a bit of okay’’ and he said ...
Posted: October 11, 2016, 10:24 pm

Time has come for a Poker Industry Hall of Fame

In Las Vegas you have: • Benny Binion and his son Jack Binion, the owners of Binion’s Horseshoe Casino in Las Vegas who created the World Series of Poker, the largest and most prestigious poker tournament in the world. • Bill Boyd, the father of Las ...
Posted: October 18, 2016, 9:47 pm

Brunson, Mortensen Earn Induction into Poker Hall of Fame

On Wednesday, October 26, the induction ceremony will take place at Binion’s Gambling Hall (the original home of the World Series of Poker). The traditional ceremony and dinner will take place at 7PM in the Longhorn Room, the original location of Benny ...
Posted: October 12, 2016, 10:00 pm
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