The World Series of Poker began in 1970, at Binion's Horseshoe casino, owned and operated by Benny Binion and had only a few players. History of Binion's and the World Series of Poker Finally, in 2005 Harrah's Entertainment (now named Caesars Entertainment), bought the casino, along with the Paris Hotel and Casino. It took until the following year to reopen, and in 1986 Bally Manufacturing purchased the property.
The building, in 1980, suffered one of the worst fires that Las Vegas has ever seen. The rebranding was announced in January and brings the prestige of old-school Vegas less than a year after its first wildly successful season holding the World Series of Poker along with its sister property, Paris, which was previously was held at the Rio for 17 years.īally’s opened on Decemand was originally named the MGM Grand. Bally’s has officially been renamed the Horseshoe Las Vegas with a soft opening on Thursday Dec.