Who was Ted Binion and what happened to his money?

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Ted, then 54, was discovered dead in his Vegas apartment in September 1998. Behind the scenes, the Binions were reported to be involved in a number of illicit operations.  How did Ted Binion die?

Lonnie Theodore Binion – known as Ted Binion – was a gaming executive born on November 28, 1943, in Dallas, Texas. Who was Ted Binion?

He was the son of Benny Binion, the proprietor of Binion’s Horseshoe in Las Vegas, which is now known as Binion’s.  1

Murphy said that Ted had been depressed because he had lost his gaming license earlier that year, purportedly as a result of his family’s involvement with organized crime. Ted had fatal quantities of both Xanax and heroin in his body two weeks after his death, according to toxicology findings.  He had an empty Xanax bottle on his side and heroin paraphernalia in the bathroom when she allegedly found him, indicating that he may have died of an accidental overdose or suicide.

Sandy Murphy, his girlfriend at the time, was the one who discovered his body and dialed 911.  On September 17, 1998, Ted was discovered dead on a little mattress on the floor of his Las Vegas estate property near Rancho Drive and Charleston Boulevard. 

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