Park Place is seen as likely suitor for the Aladdin

By David Strow
<strow@lasvegassun.com>
LAS VEGAS SUN
December 18, 2000
As one of the Aladdin's owners works to regain its financial footing, speculation is growing that the Strip's newest resort could be prime for a takeover, either through a sale or in bankruptcy court.

And one name emerges as most likely to attempt such a takeover -- Park Place Entertainment Corp., owner of one-third of the Aladdin's bonds.

"The big question mark is what's going to happen to the Aladdin, and does the Aladdin go up for sale?" said Marc Falcone, gaming analyst with Bear Stearns. "I think there are interested buyers of the whole property. They could eventually in the position where it would be up for sale.

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