Exhibit 10.04

AGREEMENT OF AMENDMENT NO. 6

THIS
AGREEMENT OF AMENDMENT NO. 6 (this "Amendment") is dated as of June  , 2001, effective as of May 29, 2001, among GENERAL ELECTRIC CAPITAL CORPORATION, FOR
ITSELF AND AS AGENT FOR CERTAIN PARTICIPANTS ("GE Capital"), GMAC COMMERCIAL MORTGAGE CORPORATION ("GMAC CMC") and ALADDIN GAMING, LLC ("Aladdin Gaming").

GE
Capital and Aladdin Gaming have heretofore executed that certain Facilities Agreement, dated as of June 26, 1998, as amended (the "Facilities Agreement"), and pursuant
thereto that certain Master Lease Agreement, dated as of June 26, 1998, (the "Lease Agreement;" and together with the Facilities Agreement being sometimes hereinafter collectively referred to
as the "Agreements"). Capitalized terms used herein without definition shall have the meaning given them in the Agreements.

NOW,
THEREFORE, in consideration of the premises and the mutual covenants hereinafter contained, the parties agree as follows:

SECTION
1.AMENDMENTS TO FACILITIES AGREEMENT.The Facilities Agreement is amended as follows:

Section 1.1.The definitions, and any amendments thereto, contained in that certain Seventh Amendment to Credit
Agreement, dated as of June 15, 2001, effective as of May 29, 2001 ("Seventh Amendment"), are hereby incorporated into the Facilities Agreement and the Agreements.

Section 1.2.The following proviso shall be added to the end of Section 12(a)(3):

";provided,however, in no event shall such 30 day notice period apply to any
monetary obligation of the Sponsors under the Keep-Well Agreement, it being expressly understood that performance by the Sponsors thereunder shall be required in accordance with the terms
of the Keep-Well Agreement."

SECTION
2.Conditions to Effectiveness. This Amendment shall be and become effective on the date (the
"Effective Date") on which each of the following conditions precedent shall have been satisfied.

Section 2.1 Execution of Documents.GE Capital and GMAC CMC have received counterparts of (i) this
Amendment executed by Authorized Representatives of Aladdin Gaming and the Administrative Agent; (ii) the Seventh Amendment executed by the Authorized Representative of the parties thereto; and
(iii) delivery of such other items required by GE Capital and GMAC CMC.

Section 2.2 Incumbency, etc.GE Capital and GMAC CMC shall have received a certificate, dated as of the date of
this Amendment, of an Aladdin Gaming Authorized Representative:



upon
which certificate GE Capital and GMAC CMC may conclusively rely until they shall have received a further certificate of an Authorized Representative of Aladdin Gaming canceling or amending such
prior certificate.

---

Section 2.3 Fees.All reasonable fees and costs and expenses of Ober, Kaler, Grimes & Shriver and other
professionals employed by GE Capital and GMAC CMC and all other reasonable expenses of the GE
Capital and GMAC CMC in connection with the negotiation, execution and delivery of this Amendment and the transactions contemplated herein shall have been paid in full.

Section 2.4Satisfactory Legal Form.GE Capital and GMAC CMC
shall have received all information, approvals, opinions, documents or instruments as GE Capital and GMAC CMC may have reasonably requested, and all documents executed or submitted pursuant hereto by
or on behalf of Aladdin Gaming shall be reasonably satisfactory in form and substance to GE Capital and GMAC CMC.

Section 2.5 Defaults.After giving effect to the Seventh Amendment and this Amendment, the following statements
shall be true and correct: (i) to the best knowledge of Aladdin Gaming, no act or condition exists which, with the giving of notice or passage of time, would constitute a "Default" or "Event of
Default" (as defined in the Credit Agreement, the Facilities Agreement and the Discount Note Indenture) and (ii) no material adverse change has occurred in the financial condition, business,
property, prospects or ability of Aladdin Gaming to perform in all material respects its obligations under any Operative Document or any of the documents evidencing and securing the FF&E Financing to
which it is a party.

Section 2.6 Consents and Approvals.All approvals and consents required to be taken, given or obtained, as the
case may be, by or from any Governmental Instrumentality or another Person, or by or from any trustee (including, without limitation, GE Capital and GMAC CMC and the Discount Note Indenture Trustee)
or holder of any Indebtedness or Obligation of Aladdin Gaming, that are necessary or, in the reasonable opinion of GE Capital and GMAC CMC, advisable in connection with the execution, delivery and
performance of this Amendment, by all parties hereto or thereto, shall have been taken, given or obtained, as the case may be, shall be in full force and effect and the time for appeal with respect to
any thereof shall have expired (or, if an appeal shall have been taken, the same shall have been dismissed) and shall not be subject to any pending proceedings or appeals (administrative, judicial or
otherwise) and shall be in form and substance reasonably satisfactory to GE Capital and GMAC CMC.

Section 2.7 Delivery of Amendment.Aladdin Gaming shall have delivered this Amendment to all Persons entitled
under the Operative Documents to receive delivery hereof.

Section 2.8 Opinions.GE Capital and GMAC CMC shall have received such opinions of counsel as it deems
necessary, dated as of the date of this Amendment and addressed to GE Capital and GMAC CMC, which shall be in form and substance satisfactory to GE Capital and GMAC CMC.

SECTION
3.REPRESENTATIONS AND WARRANTIES.In order to induce GE Capital and GMAC CMC to enter into this Amendment, Aladdin Gaming
hereby reaffirms, as of the date of this Amendment, its representations and warranties contained in Section 8 of the Facilities Agreement and additionally represents and warrants unto GE
Capital and GMAC CMC as set forth in this Section 3.

Section 3.1 Matters Pertaining to the Facilities Agreement and the Discount Note Indenture.Aladdin Gaming has
performed in all material respects its obligations under the Agreements and the Discount Note Indenture. After giving effect to this Amendment and the Seventh Amendment, to the best knowledge of
Aladdin Gaming, no act or condition exists which, with the giving of notice or passage of time, would constitute a "Default" or "Event of Default" (as defined in the Credit Agreement, the Facilities
Agreement and the Discount Note Indenture). No material adverse change has occurred with respect to the financial condition, business, property, prospects or ability of Aladdin Gaming to perform in
all material respects its obligations under any Operative Document or the Facilities Agreement.

2

---

Section 3.2 Due Authorization, Non-Contravention, etc.The execution, delivery and performance by
Aladdin Gaming of this Amendment and each other document executed or to be executed by it in connection with this Amendment are within Aladdin Gaming's powers, have been duly authorized by all
necessary action, and do not



and
GE Capital and GMAC CMC may conclusively rely on such representation and warranty.

Section 3.3 Government Approval, Regulation, etc.No authorization or approval or other action by, and no notice
to or filing with, any governmental authority or regulatory body or other Person is required for the due execution, delivery or performance by Aladdin Gaming or any other Person of this Amendment or
any other document to be executed by it or any other Person in connection with this Amendment.

Section 3.4 Validity, etc.This Amendment constitutes, and each other document executed by Aladdin Gaming in
connection with this Amendment, on the due execution and delivery thereof, will constitute, the legal, valid and binding obligations of Aladdin Gaming enforceable in accordance with their respective
terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors rights generally and by general principles of equity.

Section 3.5 Limitation.Except as expressly provided hereby, all of the representations, warranties, terms,
covenants and conditions of the Facilities Agreement and each other Operative Document shall remain unamended and unwaived and shall continue to be, and shall remain, in full force and effect in
accordance with their respective terms. The amendments and modifications set forth herein shall be limited precisely as provided for herein, and shall not be deemed to be a waiver of, amendment of,
consent to or modification of any other term or provision of the Credit Agreement, the Facilities Agreement, any Operative Document, the Discount Note Indenture or other Instrument referred to therein
or herein, or of any transaction or further or future action on the part of Aladdin Gaming or any other Person which would require the consent of GE Capital and GMAC CMC, or the Discount Note
Indenture Trustee or any other Person.

Section 3.6 Offsets and Defenses.Aladdin Gaming has no offsets or defenses to its obligations under the
Agreements and no claims or counterclaims against GE Capital or GMAC CMC.

Section 3.7 Release by Aladdin Gaming.(a) As an inducement to GE Capital and GMAC CMC to enter into
this Amendment, Aladdin Gaming hereby releases and discharges GE Capital and GMAC CMC, and their respective successors and assigns, and all officers, directors, employees, agents, representatives,
insurers and attorneys of each of them from all actions, counterclaims, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts,
controversies, agreements, promises, variances, trespasses, damages, judgments, executions, claims, and demands whatsoever, in law, admiralty or equity, against GE Capital and GMAC CMC, and/or their
successors and assigns which Aladdin Gaming ever had, now has or hereafter can, shall or may, have for, upon, or by reason of any matter, cause or thing whatsoever from the beginning of the world to
the day of the date of this Amendment (the "Released Claims").

3

---

(b) In order to induce GE Capital and GMAC CMC to accept the release set forth herein on behalf of, Aladdin Gaming represents that:



(c) Aladdin
Gaming hereby acknowledges that it may hereafter discover facts in addition to or different from those which it now knows or believes to be true with
respect to the subject matter of the release set forth herein, but that it is Aladdin Gaming's intention to, and it does, hereby fully, finally and forever settle the Released Claims; in furtherance
of such intention, Aladdin Gaming acknowledges that the release set forth herein shall be and remain in effect as a full and complete release, notwithstanding the subsequent discovery or existence of
any such additional or different facts.

SECTION
4. MISCELLANEOUS PROVISIONS.

Section 4.1. Ratification of and References to the Facilities Agreement.This Amendment shall be deemed to be an
amendment to the Facilities Agreement, and the Facilities Agreement, as amended by this Amendment, shall continue in full force and effect and is hereby ratified, approved and confirmed in each and
every respect. All references to the Facilities Agreement in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Facilities Agreement, as amended by this
Amendment.

Section 4.2 Headings.The various headings of this Amendment are inserted for convenience only and shall not
affect the meaning or interpretation of this Amendment or any provisions hereof.

Section 4.3 Applicable Law.THIS AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, APPLICABLE TO CONTRACTS MADE AND PERFORMED IN SUCH STATE.

Section 4.3 Cross-References.References in this Amendment to any Article or Section are, unless otherwise
specified, to such Article or Section of this Amendment.

Section 4.5 Operative Document.This Amendment is an Operative Document executed pursuant to the Facilities
Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Facilities Agreement.

Section 4.6 Successors and Assigns.This Amendment shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns.

4

---

Section 4.7 Counterparts.This Amendment may be executed by the parties hereto in any number of counterparts and
on separate counterparts, each of which shall be an original but all of which together shall constitute one and the same instrument.

Section 4.8 Reservation of Rights.Aladdin Gaming agrees that this Amendment and GE Capital and GMAC CMC's
consent thereto either before or after the date hereof shall not constitute (x) a waiver or forbearance by GE Capital and GMAC CMC under any of the Operative Documents, (y) the
acceptance by GE Capital and GMAC CMC of any course of conduct by Aladdin Gaming, the Completion Guarantors or any other Person, or (z) an agreement by GE Capital and GMAC CMC to amend any of
the Operative Documents or waive any of the provisions thereof without a corresponding amendment of the Senior Credit Agreement or waiver from the Administrative Agent on behalf of the Lenders, as the
case may be. Aladdin Gaming further agrees that GE Capital and GMAC CMC reserve all rights, remedies and options under the Operative Documents to require Aladdin Gaming to satisfy in all respects the
conditions relating to each Funding and perform all of its obligations under the Operative Documents which are then due and owing or are susceptible of performance, as the case may be.

IN
WITNESS WHEREOF, this Agreement of Amendment No. 6 Agreement has been duly executed as of the date first above written.

|                    |  |                                                                                       
|------------------- |  | --------------------------------------------------------------------------------------
|ALADDIN GAMING, LLC |  | GENERAL ELECTRIC CAPITAL
CORPORATION, FOR ITSELF AND AS
AGENT FOR CERTAIN PARTICIPANTS
|By:                 |  | By:                                                                                   
|Name:               |  | Name:                                                                                 
|Title:              |  | Title:                                                                                
|                    |  | GMAC COMMERCIAL MORTGAGE
CORPORATION                                                  
|                    |  | By:                                                                                   
|                    |  | Name:                                                                                 
|                    |  | Title:                                                                                

PURSUANT
TO SECTION 5.1(C) OF THAT CERTAIN INTERCREDITOR AGREEMENT DATED AS OF JUNE 30, 1998, BY AND AMONG THE BANK OF NOVA SCOTIA, AS ADMINISTRATIVE AGENT, GENERAL ELECTRIC CAPITAL CORPORATION, FOR
ITSELF AND AS AGENT FOR CERTAIN PARTICIPANTS, AND ALADDIN GAMING, LLC, THE UNDERSIGN CONSENTS TO THE EXECUTION OF THE FOREGOING AMENDMENT BY ALADDIN GAMING, LLC.

| |  |                                                 
| |  | ------------------------------------------------
| |  | THE BANK OF NOVA SCOTIA,
As Administrative Agent
| |  | By:                                             
| |  | Name:                                           
| |  | Title:                                          

5

---