SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 17, 1998
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ALADDIN GAMING HOLDINGS, LLC
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(Exact name of Registrant as specified in charter)
Nevada
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(State or other jurisdiction of incorporation)
333-49717 88-0379607
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(Commission File Number) (IRS Employee Identification No.)
831 Pilot Road, Las Vegas, Nevada 89119
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 736-7114
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Not Applicable
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(Former name or former address, if changed since last report)
ALADDIN CAPITAL CORPORATION
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(Exact name of Registrant as specified in charter)
Nevada
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(State or other jurisdiction of incorporation)
333-49717.01 88-0379606
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(Commission File Number) (IRS Employee Identification No.)
831 Pilot Road, Las Vegas, Nevada 89119
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 736-7114
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Not Applicable
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(Former name or former address, if changed since last report)
THIS DOCUMENT CONSISTS OF 3 PAGES.
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Item 5. OTHER EVENTS
On September 17, 1998, Aladdin Gaming Holdings, LLC
("Holdings") informed Planet Hollywood International, Inc.
("Planet Hollywood") that due to the fact Holdings and Planet
Hollywood had not yet concluded negotiations on a joint venture
to develop a proposed hotel and casino with a music and
entertainment theme ("Music Project"), and that in light of
Planet Hollywood's previous announcement, Holdings is not certain
of Planet Hollywood's ability to participate in the Music
Project. Therefore, Holdings intends to pursue additional
prospective joint venture partners for the development,
construction and opening of the Music Project. Previously,
subsidiaries of Holdings and Planet Hollywood had entered into a
memorandum of understanding to own and develop the Music Project,
subject to obtaining certain financing commitments and the
completion of definitive documents. Although negotiations
between Planet Hollywood and Holdings have stalled, Holdings
would consider renewing its discussions with Planet Hollywood to
develop the Music Project if Holdings deems it appropriate.
However, there can be no assurances that Holdings will secure a
joint venture partner on terms that are acceptable to Holdings or
that Holdings will proceed with the development of the Music
Project.
The Music Project, upon completion, will be the second hotel
and casino to be constructed as a part of the 35 acre world class
resort, casino and entertainment complex being developed by
Aladdin Gaming, LLC, a wholly owned subsidiary of Holdings.
This Current Report on Form 8-K contains forward-looking
statements regarding the Music Project which involves a number of
risks and uncertainties. Among factors that could cause actual
results to differ include, Holdings' ability to develop the Music
Project and to locate a joint venture partner and reach an
agreement on matters related thereto, regulation of gaming,
receipt of the necessary regulatory and other approvals/consents
for the development and construction of the Music Project, market
conditions, competition and other factors identified in Holdings'
previously filed quarterly reports on Form 10-Q.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
Not Applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
ALADDIN GAMING HOLDINGS, LLC
(Registrant)
Dated: September 17, 1998 By: /s/ Cornelius T. Klerk
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Cornelius T. Klerk
Senior Vice President and
Chief Financial Officer
ALADDIN CAPITAL CORPORATION
(Registrant)
Dated: September 17, 1998 By: /s/ Cornelius T. Klerk
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Cornelius T. Klerk
Senior Vice President and
Chief Financial Officer
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