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 October 31, 1994, and the related consolidated
statements  of  income for the three-month periods ended  October
31,  1994  and  1993, the consolidated statement of shareholders'
equity for the three-month period ended October 31, 1994, and the
condensed  consolidated statements of cash flows for  the  three-
month  periods ended October 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, 1994 (not  presented
herein),  and, in our report dated August 23, 1994, 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, 1994, is fairly  stated  in  all
material respects, in relation to the consolidated balance  sheet
from which it has been derived.



                                              ARTHUR ANDERSEN LLP

Los Angeles, California
December 5, 1994

                           EXHIBIT 15