Planet Hollywood Las Vegas (formerly Aladdin) is a hotel and casino located on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Caesars Entertainment Corporation.
Toy manufacturer Edwin S. Lowe originally opened the 450-room Tally Ho hotel on the property in 1963. The Tally Ho was the only major hotel in Nevada to not include a casino; it closed at the end of the year and was sold to Kings Crown Inns of America, Incorporated, a hotel chain which reopened the property a month later as King’s Crown Tally Ho. The company added a casino and showroom but plans to open the casino were halted when the Nevada Gaming Control Board declined to issue a gambling license because of concerns about the resort being inadequately financed.
Milton Prell purchased the hotel in January 1966 and began an extensive $3 million renovation of the property before reopening it as the Aladdin on April 1, 1966. A 19-story hotel tower was added in 1972. After various ownership changes, the Aladdin was closed in 1997 and demolished the following year to make room for a new resort that would also be named Aladdin. 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 Hotels & Resorts Worldwide, which renamed it as Planet Hollywood in 2007.
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