Home >> Planet Hollywood Las Vegas

Planet Hollywood Las Vegas is a casino resort at 3667 Las Vegas Boulevard South, the place of the Aladdin, Las Vegas. Star wood is rebranding the hotel as a Westin Hotel and will task the hotel portion of the project. Planet Hollywood will rebrand and function the rest of the property under their name. The rebranding should be finished in 2006. Major renovations are also required to correct defects that made accessing the belongings from the street difficult.

What will happen with the close shopping mall, the Desert Passage is not clear at the time of 2005.

History

The Planet Hollywood Las Vegas was initially opened in 1963 as the Tally-Ho. It was presently called King's Crown in 1964. In 1966, the King's Crown was purchased, and later than major renovations was reopened and renamed the Aladdin Hotel. On June 20, 2003, a corporation of Planet Hollywood and Star wood Hotels purchased the Aladdin, which was in bankruptcy.

On April, 12, 2004, Planet Hollywood and Westgate Resorts announced plans to attach a 52 story time share to the site. The building will contain 800 2 bedroom suites that, while unsold, will be obtainable to the Westin hotel. The time share building will be linked to the existing complex at the performing arts theater and the mall.

Negative Effects

Professor Earl Grinols of Baylor University suggests that casinos enlarge the number of pathological gamblers in a community. Through price/benefit analysis, Grinols concludes that in order to have positive net economic effect, casinos would need to employ roughly 13% of a community of 100,000 people.