Binion's Gambling Hall News - Page 7

Becky Binion Behnen and Harrah's Entertainment Friday were 'making substantial progress' in negotiating a final agreement to sell the landmark downtown hotel-casino, a lawyer for Behnen said Friday.

Sources say that the owner of Binion’s Horseshoe has failed to sign or discuss a definitive sales agreement that was delivered to her Tuesday by prospective buyer Harrah's Entertainment.

The Culinary union and the Nevada Department of Employment, Training and Rehabilitation are joining to provide help and answers to Binion’s Horseshoe’s workers.

Binion's Horseshoe owner Becky Behnen was in serious negotiations this morning to sell the closed downtown hotel-casino to Harrah's Entertainment Inc., sources close to the negotiations told the Las Vegas Sun.

Deputy U.S. marshals entered Binion's Horseshoe late Friday armed with two court orders authorizing them to seize up to $1.9 million in cash from the casino, an action that forced the closure of the 52-year-old property's casino.

The Internal Revenue Service has placed a second tax lien on Binion's Horseshoe for unpaid employee payroll withholding taxes.

ews Brief: Harrah's Entertainment is trying to acquire the Binion's Horseshoe name in Nevada, one of the best known and oldest brands in the gambling industry, a company official confirmed Thursday.

The Internal Revenue Service has placed a tax lien on the 52-year-old downtown gambling hall, claiming the Horseshoe has yet to pay $5 million in past due payroll taxes.

inion's Horseshoe is behind on its payments to the Internal Revenue Service for employee payroll withholding taxes. The IRS has placed a federal tax lien on hotel-casino, claiming some $5 million in taxes are past due.

Binion's Horseshoe is past due on bills with Nevada Power Co., and utility executives said Thursday that they are negotiating a settlement with Horseshoe owner Becky Behnen.

The Las Vegas office of the National Labor Relations Board filed a complaint against Binion's Horseshoe hotel-casino on behalf of a former employee who was terminated.