For the record, the Aladdin was built as the Aladdin. However, a differnt hotel once stood in that location adn did go bankrupt and was later demolished for the building of the Aladdin. I agree though that the Aladdin will avoid closure and will merely reorganize. Right now they are not even lowering their rates and are actually higher than some of the better strip hotels.

Observer:
For the record, that "different hotel" that was demolished was also named the "Aladdin", a well known old Las Vegas hotel/casino .