2009
12.04

When you think of the World Series of Poker, you definitely have to think Binion’s since this is where the WSOP got its start.  Back in 1970, Benny Binion named his former invitational poker tournament the World Series of Poker which gave rise to what is now the most prolific poker event in the world.  Unfortunately, it has just been announced that Binion’s will be closing down some of its facilities.

Facing financial pressure from an already declining Las Vegas hotel market, TLC Enterprises (owner of Binion’s) has decided to close the hotel area, steakhouse, keno parlor, and coffee shop.  The move comes as a result of the company’s failure to attract guests to the $21 – $54 rooms that are available. 

It’s no surprise that Binion’s can’t attract guests seeing as how we’re mired in an economic slump, and the hotel doesn’t even offer wireless Internet.  Even the scary mom and pops hotels out in the middle of the country have wireless Internet these days so it is amazing that TLC Enterprises refuses to opt for this service.  Aside from the Internet thing, most people would just rather prefer to stay in the modern, updated hotels rather than a historical cavern.

At least some of the history will still be available to people since the poker room, casino, and sports book will all stay open.  However, I don’t know how many people are going to frequent these areas when there is no nearby hotel to stay at.  In my opinion, TLC Enterprises has just badly mismanaged the hotel and casino, and everyone who wants to visit will be the ones suffering.

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