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Ted Binion

Ted Binion

Lonnie Theodore "Ted" Binion (November 28, 1943 – September 17, 1998) was an American gambling executive and the son of Las Vegascasino operator Benny Binion, owner of Binion's Horseshoe. Ted Binion was involved in multiple criminal activities, including associating with organized crime figures. He also possessed a multi-million dollar bullion coin and silver bar collection, known as the Binion Hoard, which he hid inside the Horseshoe and at two properties that he owned. When Binion died under suspicious circumstances in 1998, his girlfriend Sandra Murphy and her lover Rick Tabish were charged and convicted of burglary, grand larceny and murder. The pair were later granted a new trial and acquitted on the murder charges.