![]() Many high-rollers waited out on the sidewalks in front of the Aladdin for hours. This left thousands of Aladdin visitors leaving in disappointment, as well as opening night hotel guests wondering where they'd spend the night. Another delay was caused by last-minute repairs to the casino surveillance system. The opening was delayed while the Clark County building inspector completed its fire safety testing. The new Aladdin was scheduled to open on August 17, 2000, at 6:00 p.m., with fireworks at 10:00 p.m. LCI initially paid $50 million for a 25% interest, but took on additional equity after Sommer was unable to fund his share of cost overruns on the construction. Sommer took on London Clubs International as a partner in developing the new casino resort. The new Aladdin in 2005 before being rebranded as Planet Hollywood later in 2007 The Aladdin Theatre was retained and incorporated into the new resort. On April 27, 1998, the original Aladdin hotel tower was imploded to make way for construction of the new Aladdin resort. The cost of the new Aladdin complex would total $1.3 billion, although the music project was cancelled at the end of the year after Aladdin Gaming ended its partnership with Planet Hollywood, because of concerns that Planet Hollywood could not produce a $41 million commitment to the project. In February 1998, Aladdin Gaming announced that it had financed plans for a new Aladdin resort, expected to cost $826 million, while Planet Hollywood would develop a music-themed resort, tentatively known as Aladdin Music Project, which would be built behind the Aladdin. In 1994, the Aladdin was purchased by Las Vegas real estate developer Jack Sommer and the Sommer Family Trust. In 1966, Milton Prell purchased the hotel and reopened it as the Aladdin. It was sold later that year and renamed as King's Crown Tallyho. The property was initially the site of the Tallyho hotel, opened by Edwin S. Hilton Grand Vacations operates the timeshare portion of the property, known as Elara. ![]() The new Aladdin resort opened in August 2000, but suffered financial difficulties and was eventually purchased in 2003 by a partnership of Planet Hollywood and Starwood, which renamed it as Planet Hollywood in 2007. It was demolished in 1998, to make room for a new resort that would also be named Aladdin. The property was previously the site of an earlier resort known as the Aladdin, which operated from 1962 to 1997. It is owned and operated by Caesars Entertainment. Planet Hollywood Las Vegas (formerly the Aladdin) is a casino hotel on the Las Vegas Strip in Paradise, Nevada.
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