Ted Binion was born in Dallas, Texas, in 1943, to casino executive Benny Binion. The two were later granted a new trial and acquitted on the murder charges. Binion's girlfriend Sandra Murphy and her lover Rick Tabish became the prime suspects, and were charged and convicted of murder in Binion's death. When Binion died in 1998, there were suspicions of foul play. 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. Ted Binion was involved in multiple criminal cases which included associating with organised crime figures. Lonnie Theodore Binion (Novem– September 17, 1998), also known as Ted Binion, was an American gambling executive and the son of Las Vegas casino magnate Benny Binion, owner of Binion's Horseshoe. His collection known as the Binion Hoard, and his murder.
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