Jack Binion Net Worth is$37 Million
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Date of Birth: 1937
Country: United States of America
With a net worth of $37 million, casino owner Jack Binion has certainly done well by the Binion name. After all, that's a net worth that anybody can be proud of. Binion's career began at an early age - some would say before he was even born, as the son of casino magnate Benny Binion. At age 26, after working many years for his father, Binion became president of Binion's Horseshoe, a Las Vegas casino. The casino is famous for its high (and sometimes entirely absent) table limits on games like blackjack, roulette, and craps. In 1970, Binion engineered the Horseshow as the inaugural host of The World Series of Poker, which continues to be a big deal in entertainment today. In 1998, Binion sold all but 1% of his share of the Horseshoe after a protracted legal battle between himself and Benny Binions other heirs. Since losing the lion's share of the Horseshoe, Binion has formed the Horseshoe Gaming Holding Corporation which ran riverboat casinos under the Horseshoe banner. Binion has also been involved in several other gambling related endeavors, such as promoting casinos owned by Harrah's Entertainment, Jack Binion's Steakhouse, and slot machines entitled "Who Wants to be a Billionaire" bearing his likeness.
Jack Benny Binion (born February 21, 1937 in Dallas, Texas) is an American casino operator. Jack is the son of casino magnate Benny Binion and worked for his father at Binion's Horseshoe, a casino and hotel in Las Vegas, Nevada.
Jack became president of the Horseshoe in 1963 at the age of 26.
Jack's fame grew following his 1970 hosting of the first World Series of Poker at the Horseshoe which became the largest set of poker tournaments in the world. Privately held, Binion's Horseshoe became renowned as one of Nevada's most successful casino operations.
In 1998, following a protracted legal battle for control of the Horseshoe among Benny Binion's heirs, Jack sold his interest in Binion's Horseshoe to his sister, Becky Behnen, while retaining a token 1% interest in the operation so that he could lawfully retain his Nevada Gaming License. He also acquired the rights to the Horseshoe brand outside of Nevada.
Jack went on to form Horseshoe Gaming Holding Corporation which developed and operated several riverboat casinos under the Horseshoe name. Jack continued to promote the casinos for Harrah's Entertainment following his sale of the company in 2004 to Harrah's. As of 2008, Binion's name appears on the "Jack Binion's Steakhouse" at Horseshoe Tunica and Horseshoe Hammond and several of the Horseshoe-branded casinos still carry slot machines bearing Binion's likeness called "Who Wants To Be A Binionaire?" that originated before the Harrah's acquisition.
While running Horseshoe Gaming, Jack started the World Poker Open which has become one of the major feeder tournaments for the World Series of Poker.
Jack was inducted into the American Gaming Association's Gaming Hall of Fame on June 11, 2004. The following year on July 6, 2005 the World Series of Poker, inducted him into the Poker Hall of Fame.
In July 2006, Jack became chairman of Wynn International. His responsibilities included opening the Wynn Macau. He has since resigned the position but has rem

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Jack Binion Latest News

What the Heck Happened to Randy “The Dreamcrusher” Jensen?

From 2002-07, Jensen was a familiar face on the poker circuit. His poker career kicked off when he won the 2002 Jack Binion World Poker Open $500 Limit Hold’em event for $83,085, and two years later he returned to Horseshoe Casino & Hotel and finished ...
Posted: May 10, 2018, 4:49 pm

Binion’s Ranch in Pahrump sells for $1 million

After nearly three years on the market, Binion’s Ranch in Pahrump, purchased in the 1960s by Las Vegas ... The immediate prior owner, Benny Binion’s son Jack Binion, who held the property in a land trust, lowered the price this year in an attempt ...
Posted: November 23, 2016, 2:32 pm

Best Casino Dining

“Jack Binion's offers great food, impeccable service and amazing views of Lake Michigan and the Chicago skyline. It's a unique combination that makes our steakhouse a fan favorite for visitors from Chicago, Northwest Indiana and Michigan,” says Sharon ...
Posted: May 20, 2018, 6:18 am
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