Binion’s Hotel and Casino, the former home of the World Series of Poker, is forced to close their hotel. Binion’s claims they cannot compete with the other hotels in the Vegas area and they didn’t have any other choice. Las Vegas in general has been hit hard due to the economy, as visitor spending has plummeted due to tough times. Las Vegas is banking on their latest investment, the City Center, to help turn the slump around. The City Center will be a ’city within a city’ and Las Vegas execs are banking on the center to draw people to the area.