Lucky Dragon closes casino
When I visited in December 2016, the service was excellent, the food was good, and the games they did offer were decent. But they didn't have roulette, craps, and pai gow tiles. They didn't have much blackjack compared to the numerous baccarat tables. It was quiet on a Saturday afternoon, which was a bad sign. They eventually added pai gow tiles, but by then it was probably too late to get those customers.
Later, I had heard their service went downhill. Hard to recover from the already thin offerings.
I visited it once
Uber driver was not sure where the entrance was and dropped me off next door
Not surprised it closed due to location
Could it be the casino was a "...if this works, great, but I received what I really needed..." situation?
Probably because they sent FreePlay 2 weeks late after it had expired. They screwed with some AP's. They locked my card just before this suddenly happened. Coincidence? You Decide.Quote: RomesWow, fast indeed. Anyone that stopped in here has any thoughts on why they didn't do well?
Quote: IndyJeffrey"Lucky Dragon officially opened Dec. 3, 2016, thanks in great part to EB-5 financing. With EB-5 financing, investors (typically from Asia) contribute funds to projects and get green cards in return."
Could it be the casino was a "...if this works, great, but I received what I really needed..." situation?
I heard the investors didn't get their green cards and cut off their funding. Don't know how true that is and I'm sure various stories will come out about the closure.
I thought that was SLS?Quote: Mikey75I heard the investors didn't get their green cards and cut off their funding. Don't know how true that is and I'm sure various stories will come out about the closure.
Quote: Mikey75I heard the investors didn't get their green cards and cut off their funding. Don't know how true that is and I'm sure various stories will come out about the closure.
Now Trump has killed casinos in 2 states!
Quote: AxelWolfI thought that was SLS?
I think your right Axel. I had the two confused.
One would think that the new casinos opening at Macao would have pretty much ended that.
Quote: MrVStupid question, perhaps, but here goesL Do wealthy Asians still come to Las Vegas to play baccarat like they once did?
One would think that the new casinos opening at Macao would have pretty much ended that.
All casinos are catering to wealthy Asians
Even here in little ol Tampa
Our Seminole Hard Rock Casino caters to Asians. Asian food and Asian games such as Pai Gow tiles. A part of the casino is dedicated just to Asians.
That is why they had more workers than players on the floor 90% of the time. Unfortunately there was free play lost. I had just used a comp in the Ocean place. Uggggh.....the food was to Chinese for me.(sort of an inside joke)
The bigger question is how much Chinese gang money was laundered during their existence.
Quote: MaxPenThe whole thing was a green card scam.
The bigger question is how much Chinese gang money was laundered during their existence.
Investors wanted a Green Card and an ongoing business, but it was probably a scam from the beginning. I mean any casino that can't put up a few signs about 'main entrance' just ain't trying to get customers.
I wonder what is going to happen to the progressives?
Quote: MaxPenThey have 6 months or they lose their license.
I wonder what is going to happen to the progressives?
As I understand it, they could open for as little as a day in a limited capacity and it would qualify. I could be wrong, though. Isn’t that what they did to keep the Las Vegas Club and Mermaids licenses going?
Quote: MaxPenI have to find the article about that. There was something weird and different about this situation.
https://www.reviewjournal.com/business/casinos-gaming/2-closed-las-vegas-casinos-to-open-temporarily-to-preserve-licenses/
If the Lucky Dragon hires an outside company to operate its casino, the new operator would have to reapply for a gaming license and go before the Nevada Gaming Control Board and Nevada Gaming Commission for approval.
Nevada Gaming Commission Chairman Dr. Tony Alamo, who was aware of the impending closing about a week ago, said it is possible, from a regulatory standpoint, for the resort to meet its six-month deadline to reopen the casino.
“It depends on who (the new operator) is,” Alamo said. “If it’s someone who is known to us, it is very doable. If they are not known to us and it requires an extensive investigation, it may not be.”
https://lasvegassun.com/news/2018/jan/04/lucky-dragon-halts-gaming-restaurant-operations-to/
Quote: MaxPenQuote
If the Lucky Dragon hires an outside company to operate its casino, the new operator would have to reapply for a gaming license and go before the Nevada Gaming Control Board and Nevada Gaming Commission for approval.
Nevada Gaming Commission Chairman Dr. Tony Alamo, who was aware of the impending closing about a week ago, said it is possible, from a regulatory standpoint, for the resort to meet its six-month deadline to reopen the casino.
“It depends on who (the new operator) is,” Alamo said. “If it’s someone who is known to us, it is very doable. If they are not known to us and it requires an extensive investigation, it may not be.”
https://lasvegassun.com/news/2018/jan/04/lucky-dragon-halts-gaming-restaurant-operations-to/
Good link!
Given what Alamo said, it seems like they could contract an operator known to the NGC to operate it for one day, if needed...but maybe I’m reading too much into that.
Isn't the point of going on a vacation to a different country because you want to experience that culture and different things?
I would not go to Asia and want to eat American food.
I would not go to Asia and want to stay at an American themed casino unless it was something really special that they didn't have here in the USA. I would obviously want the employees to speak English. I know they can be very superstitious and they have certain customs and traditions but I would have to think that stuff can also be incorporated somehow.
Why would the higher limit players want to gamble at such a small casino?
Who comes to Vegas just to be cooped up and gamble in such a small uneventful place? I have to imagine, the first thing people do who are staying there is hit the more interesting casinos.
One might choose to gamble there if they the casino was offering better value and odds or something significantly extra.
THe misinformation in this thread is unreal.
THe high end business was really strong. The issue was the middle and low end business was awful. Walking through you would not have seen the high end business as it was All behind closed doors
Quote: LuckydragonLucky dragon will reopen
THe misinformation in this thread is unreal.
THe high end business was really strong. The issue was the middle and low end business was awful. Walking through you would not have seen the high end business as it was All behind closed doors
I wonder what Lucky Dragon did to already get banned since they just joined today and only have this post. I am guessing that they were a spammer?
Quote: NathanI wonder what Lucky Dragon did to already get banned since they just joined today and only have this post. I am guessing that they were a spammer?
I was wondering the same
I appreciated his post. Not spam to me
He may be able to shed more light on this situation
I was hoping to see more detailed posts from him regarding what he views as misinformation in this thread
Let him post
Lets hear the other side
I understand the need to enforce existing rules though it would be nice to allow a person to post both as someone interested in gambling and also as an official of a particular gambling related entity.Quote: beachbumbabsIt's WoN. I am required to ban the dupe ID.
Quote: FleaStiffI understand the need to enforce existing rules though it would be nice to allow a person to post both as someone interested in gambling and also as an official of a particular gambling related entity.
Are you saying WoN worked there? I would love to hear that story if true.
Quote: beachbumbabsIt's WoN. I am required to ban the dupe ID.
Oh my God. WON again? That guy just won't quit. He's like the Energizer Bunny! I'm 100 percent sure that he was the "Newbie" whose very screen name was cussing me out.
Quote: FleaStiffThere is a firm that does just that. Operate casinos solely to maintain minimum services to keep licenses active. They can even arrange for all the power and safety equipment, etc. All their key personnel are licensed. Minimum services for a minimum period of time just to protect the license while negotiations for some sale are underway.
This is one of my favorite articles about Las Vegas of all time: http://www.nytimes.com/2008/01/09/us/09casino.html
I want to show up to one of these one day just to say I did!
https://www.reviewjournal.com/business/casinos-gaming/lucky-dragon-temporarily-shuts-gaming-restaurant-operations/
Quote: onenickelmiracleMaybe everyone else thought it was only for Asians and didn't go. They must have screwed up in other areas as well.
Do Asian themed casino’s really attract Asian players?
Or anyone for that matter??
Quote: gamerfreakDo Asian themed casino’s really attract Asian players?
Or anyone for that matter??
In Tampa, the Seminole Hard Rock does well with Asians
Baccarat and Pai Gow tiles tables pretty active in the Asian section of the Casino every time I visit
This casino does so well, they don't need Asians but might as well grab that market as well.
It has no competition for hundreds of miles so it does massive business. 6th largest casino on the planet
Quote: gamerfreakDo Asian themed casino’s really attract Asian players?
Or anyone for that matter??
If it's a casino, it'll attract Asian players.
I was at del Lago Casino in upstate New York last May, and I looked around thinking, "Hm. I'm the only Asian guy here. Where are my peeps?" I walked past the baccarat table and, sure enough, they were all there.
Quote: gamerfreakDo Asian themed casino’s really attract Asian players?
Or anyone for that matter??
It is a huge turn-off to me. If I win the lottery tonight, I'm going to open a casino which has stairs at the entrance (and whatever else is the opposite of Feng Shui), and all slot machines will have a "4" in it somewhere... minimum bet 40 cents, 4 lines, a cherry pays 4 (instead of 2), whatever it takes to keep those people out. They are not only superstitious to an absurd degree, they're also rude. They walk around without paying any attention and you have to constantly dodge them, and if that doesn't work, they don't apologize if they run into you. They slurp their food, spit, burp, abuse the wait staff ... pigs! It's just a completely different culture over there, and I absolute hate it that they take their bad habits here. I haven't been back to Las Vegas in two years because of the hordes of Asians that only grow bigger. I go to Mesquite or West Wendover instead.
The casino just seemed dead, and the management was completely clueless, or they may have been very risk adverse when it came to giving out comps.
I bought in for like $5,000 and played their games for like 4 hours. After four hours, I asked for food and was given something like $20 to the fast food Bao place, after being given a rude run around. The article mentions players leaving and then going to the bigger joints, well, there’s a reason why. The host kind of forgot about me while I was waiting for my comp. I ended winning and went back to the usual casios, ie, the bigger casinos with staff and floor people who at least pretend to be nice.
And then their slots were just stupid tight. It’s like playing slots at McCarran International.
And then to top it of, a month later I get a mailer for a free rice cooker and $10 in free play.
Screw this casino.
Your buy-in amount is meaningless. What was your average bet? I would assume with a 5k buy-in it was a nice size average bet. Some people just buy in with a chunk of cash thinking it may help. Everyone I know that played table games got some good fairly good offers from the pit without much play.Quote: klimate10I visited this casino a while back and wrote a review.
The casino just seemed dead, and the management was completely clueless, or they may have been very risk adverse when it came to giving out comps.
I bought in for like $5,000 and played their games for like 4 hours. After four hours, I asked for food and was given something like $20 to the fast food Bao place, after being given a rude run around. The article mentions players leaving and then going to the bigger joints, well, there’s a reason why. The host kind of forgot about me while I was waiting for my comp. I ended winning and went back to the usual casios, ie, the bigger casinos with staff and floor people who at least pretend to be nice.
And then their slots were just stupid tight. It’s like playing slots at McCarran International.
And then to top it of, a month later I get a mailer for a free rice cooker and $10 in free play.
Screw this casino.
I have a feeling there slots are set the same as most all the other slots on the strip. I think it would be hard to tell if they were tight or lose based on a few days of play. Sometimes looking at their VP offerings can give you a hint as to what their overall thinking is when it comes to their slot returns.
p.s. your good offers will probably be arriving by the time they reopen (-;
Quote: AxelWolfduplicate
A duplicate from Axel??? No Way!!!! 😆
Quote: IbeatyouracesA duplicate from Axel??? No Way!!!! 😆
Haha how else would he catch up to eb
You probably have more posts about my dups than my actual dups. 😆Quote: IbeatyouracesA duplicate from Axel??? No Way!!!! 😆
so these 120 families basically bought their green card for $500k?Quote: MaxPenThe whole thing was a green card scam. 120 families funded 500k for total 60million. You have to have a 500k at risk investment that employs 10 people for a year to get a permanent green card. You automatically get the permanent green card if the project fails after first year.
That is why they had more workers than players on the floor 90% of the time. Unfortunately there was free play lost. I had just used a comp in the Ocean place. Uggggh.....the food was to Chinese for me.(sort of an inside joke)
The bigger question is how much Chinese gang money was laundered during their existence.
if so, the US govt should just have a program to get a green card for $500k and cut out the middle man.
and if you have $500k to burn, why the US?
why not England/Germany/Canada/some other 1st World country?
Quote: AxelWolfYou probably have more posts about my dups than my actual dups. 😆
Highly doubtful!
Ah,,,, Mesquite. Yes. Asian owned casino there.Quote: KevinAA. I haven't been back to Las Vegas in two years because of the hordes of Asians that only grow bigger. I go to Mesquite or West Wendover instead.
They expected that just because they opened the doors with an Asian theme, all the Asian players would stop playing at their current properties and flock to the Lucky Dragon.
If you want to see where all the local Asian players are, try looking at the Gold Coast, Palace Station, Orleans, Palms.
