Flatley to buy the Aladdin?
By Paul
According to a report in UK tabloid the Mirror, entertainer Michael Flatley, whose Irish folk dance shows have been seen by millions of people worldwide, is making a bid to buy the bankrupt Aladdin hotel-casino in Las Vegas.

The report said Flatley is offering 500 million euros, ($485 million), for the 2,567-room Strip resort.

Citing unidentified sources, the report said Flatley has been considering a deal for the hotel-casino since he first came to Las Vegas. Flatley first found fame with 'Lord of the Dance' - an Irish dance show that recently closed at the New York-New York hotel-casino after a four-year run.

Flatley, who could not be reached for comment, was not performing in the local show. The source said acquiring the hotel is part of Flatley's plan to build a worldwide chain of Irish clubs and bars.

Representatives of the Aladdin could not be reached for comment on the report, nor were KPMG in Los Angeles, the accounting firm marketing the property to potential buyers. Attorneys working on the deal have said they and potential bidders are prohibited from talking about their plans by confidentiality agreements.

 
 
 
 
 
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