Terry L. Caudill is a gaming entrepreneur with over four decades of experience in the industry, and with multiple investments in various sectors of the market. He is the owner of the Four Queens Hotel and Casino and Binion’s Gambling Hall and Hotel, both located in Downtown Las Vegas. Terry also owns seven local bar/restaurants in Las Vegas, including the Chicago Brewing Company, which brews its own beers, which have garnered 18 major competition awards. Terry is also the owner of Next Gaming, LLC, a slot manufacturing and distribution company that is one of the leading developers of skill-based slot machines.
Terry began his gaming career as a keno writer and craps dealer in Reno, Nevada, jobs which he used as a means to pay for college, which he graduated from ,with both mathematics and accounting degrees. Terry subsequently worked for the national accounting firm Fox & Company for a period of several years before taking a position as Chief Internal Auditor for Circus Circus Enterprises, Inc. ,shortly before they went public in 1983. Terry spent 11 years with Circus Circus, rising to the position of Corporate Vice President, Chief Accounting Officer and Treasurer of the Fortune 500 company.
In 1994, Terry left Circus Circus to focus on his bar/restaurant operations, which he had started several years earlier, with the purchase of his first Magoo’s Bar & Grill establishment. Over the next 8 years, Terry expanded Magoo’s Gaming Group to 15 locations throughout Las Vegas. Terry also developed the SummerGate commercial complex in Las Vegas.
In 2003, Terry purchased the Four Queens Hotel and Casino in Downtown Las Vegas and completed a major overhaul and remodeling of the famous property. In 2008, Terry expanded his holdings with his purchase of the historic and iconic Binion’s Gambling Hall and Hotel. While the recession that began in late 2008 temporarily delayed further expansion, the economic rebound of the past few years has allowed Terry to consolidate his holdings in order to focus on opportunities in Downtown Las Vegas. In fact, over the past two years, both of Terry’s properties have invested substantial amounts to upgrade and expand their operations, most notably at Binion’s, with the recent openings of the historic Hotel Apache, as well as the Whiskey Licker Up Saloon, which features an incredible 32-foot rotating bar overlooking world-famous Fremont Street. These investments have help solidify Terry’s position as one of the preeminent casino entrepreneurs in Las Vegas.