Million Dollar Display at Horseshoe Hotel

If you want to see $1,000,000 in genuine US currency, you can do so at Binion’s Las Vegas, right off the casino floor in Restaurant Row. You don’t have to pay anything or wait in line. Just walk right up and admire the crisp, uncirculated bills that are tightly packed inside a pyramid-shaped glass case on a poker table. Next to the case, you’ll find Jack Binion’s Steak House, a highly-respected restaurant named for the first and namesake son of the original Horseshoe Casino’s owner.

A Fascinating History

Binion’s Horseshoe was a famous frontier-style casino in downtown Las Vegas that welcomed gamblers with fair and friendly service. The casino featured a million-dollar display on the casino floor, which consisted of 100 $10,000 bills arranged in a horseshoe-shaped case, the largest single collection of such bills in the world. Joe W. Brown installed the display while Benny Binion served time in prison for tax evasion. In 1959, Brown sold the display, but Benny recreated it in 1964 using 100 $10,000 bills and put it back on the casino floor.

The display remained a beloved attraction of the Horseshoe Casino for decades. However, things changed in 2020 when Caesars Entertainment acquired the property and renamed it the Horseshoe Las Vegas. In June 2023, the million-dollar display moved from its original location to the new Horseshoe Las Vegas, on the Strip, which was formerly Bally’s. Although the casino lost its frontier-style interior and fair gambling environment, the million-dollar display still stands as an iconic symbol of the casino’s rich history.

How much is it worth, and is it insured?

Each bill in the display has a value of $100. The display contains 10,000 bills, totaling one million dollars. Lloyd’s of London originally insured the display for $2.5 million in 1954. The display traveled from Philadelphia to Seattle in 1962 for the World’s Fair, and Hartford Insurance insured it, and Pinkerton guarded it. Based on this information, we can infer that the current owner probably insures the display, but we don’t know the exact amount or terms of the insurance. However, who knows how much it is worth?

Symbolism and Significance

The Million Dollar Display is not just a pile of cash. It is a symbol of Las Vegas history and culture, as well as a reminder of the allure of money. Anyone who wants to experience the old-fashioned glamour and excitement of Sin City must visit it. Moreover, it reflects the personality and vision of Benny Binion, a pioneer and innovator in the gambling industry, known for his high-stakes games, generous comps, and friendly service.