Ted Binion | |
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Born | Lonnie Theodore Binion November 28, 1943 Dallas, Texas, U.S. |
Died | September 17, 1998 Las Vegas, Nevada, U.S. | (aged 54)
Known for | His collection known as the Binion Hoard, and his murder. |
Spouse | Doris Binion (m. 1980-1995 d.) |
Children | 2 |
Parent | Benny Binion (father) |
Relatives | Jack Binion (brother) |
Conviction(s) | Drug Charge |
Lonnie Theodore "Ted" Binion (November 28, 1943 – September 17, 1998), was an American gambling executive and the son of Las Vegas casino magnate Benny Binion, owner of Binion's Horseshoe casino. Ted Binion was involved in multiple criminal cases which included associating with organised crime figures. Binion had a multi-million dollar bullion coin and silver bar collection, known as the Binion Hoard, which he hid inside the Horseshoe casino and at two properties that he owned. When Binion died in 1998, there were suspicions of foul play. Binion's girlfriend Sandra Murphy and her lover Rick Tabish became the prime suspects. After Binion's death, both Murphy and Tabish were charged and convicted of burglary, grand larceny, and murder. The two were later granted a new trial and acquitted on the murder charges.