Jack Binion, President of Horseshoe Gaming Holdings Corp.

Jack Binion, President of Horseshoe Gaming Holdings Corp., waits for a news confernce to start Wednesday, July, 6, 2005 at the World Series of Poker at the Rio Hotel and Casino in Las Vegas.The no-limit Texas Hold 'em main event starts Thursday. Between 5,000 and 6,600 players are expected and the top prize could reach $7.5 million. Binion was inducted into the poker hall of fame. He and his father, Benny Binion, are credited with starting the World Series of Poker in 1969. Harrah's Entertainment, the owners ofthe Rio, now own the rights to the tournament.(AP Photo/Joe Cavaretta)