Unfortunately, the best laid plans of both mice, men and dragons tend to go awry. The Lucky Dragon, which opened its doors in November 2016, was the first major casino development to open in Las Vegas since the recession ignited by the 2007-2008 financial crisis devastated the Las Vegas real estate market. With 203 rooms in its 9-floor tower, 27,500 square feet of casino space and Asian inspired restaurants, the casino had hoped to tap the lucrative Chinese tourism market with its highly specialized offerings. The ill-fated Lucky Dragon was designed as a boutique Chinese themed resort with the intention of attracting the large Chinese diaspora spread across the United States, as well as to draw high-rollers from mainland China. The Asian themed hotel and casino has finally given up the ghost, closing for good after less than two years in operation. Las Vegas’s newest casino, the off-Strip Lucky Dragon Hotel and Casino, has turned out to be not so lucky after all.
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