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 ENTERPRISES, INC.
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(Exact name of Registrant as specified in charter)
Nevada
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(State or other jurisdiction of incorporation)
333-49715 88-0379695
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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, a
Nevada limited liability company ("Holdings") in which Aladdin
Gaming Enterprises, Inc. ("Enterprises") holds a 25% interest,
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 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, the Holdings' ability to develop the
Music Project and to locate a joint venture partner and reach an
agreement on matters related thereto, market conditions,
regulation of gaming, receipt of the necessary regulatory and
other approvals/consents for the development and construction of
the Music Project, competition and other factors identified in
Enterprises' previously filed quarterly reports filed on Form 10-
Q.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
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(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 ENTERPRISES, INC.
(Registrant)
Dated: September 17, 1998 By: /s/ Cornelius T. Klerk
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Cornelius T. Klerk
Chief Accounting Officer and
Treasurer
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