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Gluck Joins Aladdin Team

23 June 2003

LAS VEGAS -- Former Caesars World Chairman Henry Gluck is returning to the gambling industry to assist in the revitalization of the Aladdin resort, the Wall Street Journal reported today.

Gluck, 75, arranged the sale of Caesars World including the Caesars Palace resort on the Las Vegas Strip to the former ITT Corp. in 1995. He was instrumental in creation of the Forum Shops at Caesars, one of the nation's most successful shopping malls.

The Planet Hollywood-Starwood group is hoping Gluck might work something similar with Desert Passage, the big mall that is part of the Aladdin. But it isn't yet precisely clear what Gluck's role will be, the Journal said.

"I'm going to help them put it together," he told the Journal. "They want to take advantage of my experience in having done this before."

The Journal said Gluck recently resigned as co-chairman of Transcontinental Corp., master developer of Lake Las Vegas, a community developed largely with money from the Bass family in Texas.

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