Jack Binion is a casino owner who has a net worth of $500 million. Jack 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, Jack 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.
|Net Worth:||$500 Million|
|Date of Birth:||Feb 21, 1937 (85 years old)|
|Nationality:||United States of America|