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This episode of Swindled may contain graphic descriptions or audio recordings of disturbing events

which may not be suitable for all audiences.

Listener discretion is advised.

Dad's still up the ranch. The guy shows up in September, so he steps up and he wins the bet,

you know, so I called dad and I said, well, Dad, he win the bet, and he says, oh damn. But the truth

matter is he don't worry about anything of win or lose.

If he's broke, he goes to sleep just the same as if he's rich.

That's Ted Binion, Vegas Royalty.

His father, Biddy Binyon, whom he's talking about in that clip,

is often considered one of the founding fathers of Sin City. Benny opened Binion's Horseshoe Casino on Fremont Street in 1951.

He's credited with the idea of offering free drinks and cheap food to gamblers.

Benny also created the World Series of Poker in 1970.

Ted and his brother took over the day-to-day operations of the horseshoe

when their father was convicted of tax evasion and no longer allowed to hold a gaming license.

Their sisters, Becky, and Brenda later joined them in ownership, which led to a bitter struggle for control after Benny died in 1989.

Ted Binion, considered the most similar to their outlaw father, did not have much leverage.

...