REVIEW REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS


To the Shareholders and Directors of
Caesars World, Inc.:


   We have reviewed the accompanying condensed consolidated
balance sheet of Caesars World, Inc. (a Florida corporation)
and subsidiaries as of January 31, 1994, and the related
consolidated statements of income for the three-month and
six-month periods ended January 31, 1994 and 1993, the
consolidated statement of shareholders' equity for the six-
month period ended January 31, 1994 and the condensed
consolidated statements of cash flows for the six-month
periods ended January 31, 1994 and 1993.  These financial
statements are the responsibility of the Company's
management.

   We conducted our review in accordance with standards
established by the American Institute of Certified Public
Accountants.  A review of interim financial information
consists principally of applying analytical review procedures
to financial data and making inquiries of persons responsible
for financial and accounting matters.  It is substantially
less in scope than an audit conducted in accordance with
generally accepted auditing standards, the objective of which
is the expression of an opinion regarding the financial
statements taken as a whole.  Accordingly, we do not express
such an opinion.

   Based on our review, we are not aware of any material
modifications that should be made to the financial statements
referred to above for them to be in conformity with generally
accepted accounting principles.

   We have previously audited, in accordance with generally
accepted auditing standards, the consolidated balance sheet
of Caesars World, Inc. and subsidiaries as of July 31, 1993
(not presented herein), and, in our report dated August 24,
1993, we expressed an unqualified opinion on that statement. 
In our opinion, the information set forth in the accompanying
condensed consolidated balance sheet as of July 31, 1993 is
fairly stated in all material respects, in relation to the
consolidated balance sheet from which it has been derived.

                             ARTHUR ANDERSEN & CO.


Los Angeles, California
February 18, 1994

                                Exhibit 15