 In late 2008, Carlos partnered with casino owner Terry Caudill (4 Queens & Binion's Gambling Hall and Hotel) to master-lease and remodel the historic and iconic Binions Hotel & Casino as part of the new wave of Downtown Las Vegas gentrification.In May 2010, Big Daddy Carlos & Terry Caudill acquired the 601 Fremont building (former Sears building) from the City of Las Vegas.They are remodeling and master-leasing the five story downtown landmark.