Friday, Jan. 24, 1997 | 11:59 a.m.
London Clubs International PLC will have a seat on the board of Aladdin Gaming Corp., and will create an upscale, European gambling salon at the Strip resort in a move to attract more high rollers.
London Clubs is a publicly owned company that operates upscale casinos in Europe and the Middle East.
The venture with London Clubs is part of Aladdin's $750 million, two-year renovation and expansion scheduled to begin later this year, Aladdin said in a news release.
The Aladdin project marks London Clubs' entrance into the U.S. gaming industry. In June, the company announced that it was negotiating with New York city and state officials to operate a private club aboard a luxury yacht docked at Battery Park in Manhattan.
Las Vegas-based Aladdin Gaming is controlled by the Sommer Family Trust, headed by Jack Sommer.
In a prepared statement, Sommer said expansion and redevelopment of the Aladdin, one of the older major hotels on the Las Vegas Strip, "will bring an entirely new dimension to Las Vegas gaming as we introduce a more European style and atmosphere to our property."
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