Aladdin Resort Casino $10 Hologram Gaming Token 2002 Derby Day LTD Edition 777

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Seller: krsipes (668) 100%, Location: Las Vegas, Nevada, Ships to: US, CA, Item: 283678500268 Aladdin Resort Casino $10 Gaming TokenHologramDerby DayMay 4, 2002Limited Edition 777Mint to Uncirculated conditionMint Mark = OC = Osborne CoinageNEW Case/Capsule Included (approximately 2 inches in diameter)Logo/Face:Center: Aladdin Resort Casino Logo, Limited Edition 777On the Rim: Ten Dollar Gaming Token, Las Vegas, Nevada, OC mint markReverse/Back: Center: Hologram of HorseOn the Rim: Aladdin Resort Casino, Derby Day, May 4, 2002, 10 Dollar Gaming TokenPlease look carefully at the photos as they are part of the description. There are photos of the case off and on to show the true beauty and detail of the token. The token did not come with a plastic case/capsule - we decided to add one to keep the token clean and free from scratches. Please note - the stand is not included. Aladdin History:The Aladdin is now Planet Hollywood.It has been imploded once, bought, sold, remodeled and bankrupt many times over. In 1963, a toy manufacturer, Edwin S. Lowe, opened a 450 room hotel called the Tally Ho. It was the only major hotel in Nevada to not include a casino. By the end of the year, it closed and was sold to Kings Crown Inns of America Inc. Soon the property reopened as King's Crown Tally Ho. The company planned to add a casino but was declined by the Nevada Gaming Control Board. Milton Prell purchased the property in January 1966, put $3 million into renovations and reopened it as the Aladdin on April 1, 1966. At the time, the Aladdin had a 500 seat theater and the largest casino on the Las Vegas Strip, along with a 9-hole golf course. In 1969, Parvin Dohrmann Corporation took over the Aladdin and in 1972 sold it to Sam Diamon, Peter Webbe, Sorkis Webbe and Richard Daly from St. Louis. Under these new owners, a $60 million facelift was conducted including a 19-story tower and a 7,500 seat Performing Arts Center which replaced the golf course. In 1979, several individuals were convicted by a Detroit Federal Jury of conspiring to allow hidden owners to exert control over the resort and the Nevada Gaming Commission then closed the hotel. The resort was sold to Wayne Newton and Ed Torres in 1980. Newton sold his share to Torres 21 months later. In 1986 a Japanese businessman, Ginji Yasuda, purchased the Aladdin out of bankruptcy. $35 million was spent to refurbish the resort. Yasuda was removed as the casino's operator by state regulators in 1988 and the resort was in Chapter 11 bankruptcy by October 1989. Yasuda died two months later. The property was publicly put up for sale in 1990. In 1991, Bell Atlantic-Tricon Leasing Corporation acquired the resort. In 1994, Jack Sommer and the Sommer Family Trust purchased the property. The resort consisted of a 1,000 room hotel and 37,000 square foot casino. The Aladdin closed on November 25, 1997 for a major overhaul. Aladdin Gaming announced that there were plans for a new Aladdin resort and in April of 1998, the hotel tower was imploded to make way for construction. Sommer took on a partner, London Clubs International, to develop the new casino resort. The new Aladdin reopened in August 2000. In September 2001, however, the Aladdin filed for Chapter 11 bankruptcy protection. By 2002, Aladdin Gaming was looking for potential buyers. The resort was sold in bankruptcy in 2003 to a partnership of Planet Hollywood and Starwood Hotels & Resorts Worldwide. Renovations were carried out in stages, allowing the resort to remain open. They expanded the casino, added new restaurants, a nightclub and retail space. The front facade of the resort was remodeled to correct defects that made accessing the property difficult from the Strip. The retail space previously known as "The Desert Passage" was renamed the "Miracle Mile Shops". When the renovations were complete, the resort reopened as Planet Hollywood Las Vegas in April 2007. The official grand opening was on November 16, 2007. In 2009, the casino defaulted on its mortgage and Harrah's began purchasing some of the resort's debt. In January 2010, Starwood dropped their affiliation so Harrah's could take over hotel operations. In February 2010, the Nevada Gaming Commission gave Harrah's the approval to take over the property. Harrah's purchased Caesars Entertainment Inc. in 2005 and by November 2010 Harrah's Entertainment Inc officially changed its name to Caesars Entertainment Corp. (source....wikipedia)Planet Hollywood is currently open and still owned and operated by Caesars Entertainment Corp at 3667 South Las Vegas Blvd. It's home to many trendy restaurants, lounges, nightclub and the Zappos Theater. Wow - that was a lot! Thanks for reading! :) Fun Fact: Elvis and Priscilla Presley were married at the Aladdin on May 1, 1967. Feel free to ask any questions. Thanks for looking....Silver Striker Member #055 Condition: New

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