In 1992, the Aladdin Casino in Las Vegas was imploded to make room for a new resort. The Aladdin had a long and storied history, including a period when it was owned by entertainer Wayne Newton.
While Newton was the public face of the casino, he did not actually own it.
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The Aladdin first opened its doors in 1966. It was originally built as a small, intimate casino with just over 200 slots and no table games.
Within a few years, it had become one of the most popular casinos on the Las Vegas Strip. In 1973, the Aladdin was sold to Caesars World for $85 million.
Caesars World expanded the casino and added a hotel tower. In 1980, they sold the Aladdin to Paul Lowden for $54 million.
PRO TIP:No, Wayne Newton did not own the Aladdin Casino. The Aladdin was actually owned by Gary Pruiett and Ed Torres from 1998-2003. Newton was just a headliner at the casino’s showroom.
Lowden made some major changes to the property, including adding a large convention center. He also changed the name to Aladdin Hotel and Casino.
In 1983, Lowden sold the Aladdin to Wayne Newton for $85 million. Newton put his name on the property and became its public face. He appeared in TV commercials and even performed on stage in the showroom.
However, Newton did not actually own the casino. He was merely a spokesperson and investor.
In 1988, Newton sold his stake in the Aladdin to Starwood Capital Group for $165 million. Starwood then sold the property to Planet Hollywood in 1995 for $320 million.
Planet Hollywood imploded the existing casino and hotel and built a new resort on the site.
So did Wayne Newton actually own the Aladdin Casino? No, but he did have a significant role in its history.
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