The Story of a Failed Investment: Las Vegas’ Aladdin Hotel and Casino

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The Aladdin Casino Las Vegas was an icon in its time. Opening its doors in 1966 on the first day of April, also known as April Fool’s Day, must have somehow temporarily displaced the bad luck that had befallen the previous property owner. In a gorgeous shower of beauty, flower petals floated down from up above as casino guests entered into the hall of the massive casino on opening day.

The previous structure had been a hotel, King’s Crown, which had failed after a brief 6-month period. Evidently, the hotel could not compete with the casinos in the area and, though a gaming license was applied for, it was denied. Milton Prell then purchased the structure and spent $3 million dollars for the building’s overhaul. During the renovation, he added a remarkable theatre with a 500 seat capacity so that his guests could enjoy twice nightly shows. Another of the Aladdin’s amenities was the 9-hole, custom golf course. Obviously, Prell believed that his guests should have it all.

The Aladdin Casino saw many famous faces during its time. In fact, the Aladdin’s Arabian themed structure and rich décor proved a perfect setting for one of the most famous celebrities of all time, Elvis Presley, who chose this magnificent casino for his marriage to Priscilla in a privately held ceremony.

But, all good things come to an end, and that’s exactly what happened for Prell in 1969. The property has changed hands several times during its history, which is typical for properties in fast paced Las Vegas. The former location of Aladdin Casino Las Vegas is now the home of Planet Hollywood Casino and Resort.

Since 2007, the Planet Hollywood Casino, a casino boasting 100,000 square foot of gaming space, has played host to Las Vegas gamblers, movie makers, file premieres, and theatre shows. Among its expansive gaming floor are slots ranging in denomination from $0.05 – $500.00, card games such as blackjack, three card poker, baccarat, and let it ride, and the traditional favorites – roulette and craps along with some of the best online casino bonuses.

Aside from the thrill of pressing your luck on the casino floor, you can also take a stroll through the stores, check out the luxurious spa treatments, burn some calories at the state of the art gym, take a dip in the pool, or dine in one of the 9 different restaurants, cafes or casino buffets that are available. Rest assured that no matter what your needs are, Planet Hollywood is ready to fulfill them. More information is available at How to Play Baccarat.