Lucky Dragon closes casino
July 8th, 2018 at 5:48:29 AM
permalink
I wouldn't want to claim that I know about how they'll do this one in particular without seeing anything from the materials provided to prospective bidders. But with that said, after at least several other casino closures I'm familiar with they put out a catalog (including online) of practically every item you can imagine and some you probably can't, down to the signs and light fixtures and ashtrays and forks and toilet paper dispensers, and I have bought some little themed knick-knacks that caught my eye from some of them.Quote: TigerWuI don't know how this works... are they going to auction off the whole "Lucky Dragon Casino" as a single entity or actually auction off bits and pieces like bed sheets and dice and the physical buildings?
I know one fellow who bought "his" seat from the Stardust Race & Sportsbook, which he insisted had to retire to his den at any price, as it was uniquely contoured to his personal assets after several decades of sitting in it. And the first class gent who ran what used to be the premier information site and by far the most top notch quality discussion board among local Las Vegas poker players was all over the Sahara crapola (contents of the dingy joint & pretty much anything else that could be unstuck from the walls floors or ceilings) auction, and IIRC he bought all kinds of scruffy high mileage Sahara camel caravan themed junk (I can't remember exactly what) out of there, for reasons I can't begin to fathom. And my favorite was the giant "magic lamp" that was suspended above the center bar in the Aladdin casino (before it went busto & was gutted out & remodeled & reborn as Planet Hollywood) was bought by a guy who somehow had it trucked out to his suburban Las Vegas home and turned into a hot tub.
Slightly used plus-sized doormat, anyone? What's your bid on this classic clean & well maintained item sure to impress the ladies?
Suck dope, watch TV, make up stuff, be somebody on the internet.
July 8th, 2018 at 9:30:38 AM
permalink
If Binions ever remodels I want that huge, wooden Viking chandelier that hangs above the main bar. It's the only thing I've seen inside a casino worth owning.
100% risk of ruin
July 8th, 2018 at 1:57:57 PM
permalink
Don't be shy, just admit you really want this.Quote: RogerKintIf Binions ever remodels I want that huge, wooden Viking chandelier that hangs above the main bar. It's the only thing I've seen inside a casino worth owning.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
July 8th, 2018 at 2:56:24 PM
permalink
I'm sure you'll remember that when Caesars (at that time still Harrah's) found some wide-eyed clueless hayseed suckers from West Virginia to take over the Binion's property, which had been known as Binion's Horseshoe for years and years, the Chaesars Harrampire kept the rights to the Horseshoe casino brand name. Requiring the new owners to paint, chisel, scrub, blast, shred, burn, or otherwise do whatever necessary to make that part of the name go away from everything connected with Benny's old joint. And do it yesterday, dammit, 'cause we deny that anyone here ever heard of that dump, that we really didn't have very much of anything to do with, in that place where we really mostly pretty much weren't, in case anyone claims anything ever happened.Quote: RogerKintIf Binions ever remodels I want that huge, wooden Viking chandelier that hangs above the main bar. It's the only thing I've seen inside a casino worth owning.
So very early one morning at a completely uncivilized hour I was swilling a vat of caffeine at the 24 hr coffee shop at the front of the Nugget, and since I was the only creature stirring on that block of Fremont at that obscene hour, my attention wandered across the way to what was above the crane that was parked over there, apparently in the middle of some deconstruction project. And from that seat had the right angle and distance to see clearly that the big neon lit name on the front of that zombie soap opera casino was now BINION'S HO _ _ _ SHOE. Since the ghost of Benny had lost his great big glittery _RSE, which was laying in the street dumped against a pile of debris. For about a day or two, I guess.
Suck dope, watch TV, make up stuff, be somebody on the internet.
July 8th, 2018 at 4:32:42 PM
permalink
Quote: AxelWolfDon't be shy, just admit you really want this.
Guilttyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!
PS what are those?!!
Quote: DrawingDeadBINION'S HO _ _ _ SHOE. Since the ghost of Benny had lost his great big glittery _RSE
I was wondering what a ho shoe was then Axel was kind enough to provide a photo.
100% risk of ruin
August 31st, 2018 at 5:21:58 PM
permalink
Just found this video
Pretty informative regarding the history of the land
Pretty informative regarding the history of the land
When somebody doesn't believe me, I could care less. Some get totally bent out of shape when not believed. Weird. I believe very little on all forums
August 31st, 2018 at 5:44:34 PM
permalink
Just saw that today too. Warning for others, be prepared to be irritated by the talentless narrator.Quote: terapinedJust found this video
Pretty informative regarding the history of the land
I am a robot.
October 10th, 2018 at 6:52:07 PM
permalink
Here's an update, although it's about a month old:
They finally got around to auctioning the hotel & casino off; the main creditors, Snow Covered Capital, won, and the sellers have asked for permission to close the hotel prior to the sale being finalized. It appears that SCC is looking for someone else to buy the property.
They finally got around to auctioning the hotel & casino off; the main creditors, Snow Covered Capital, won, and the sellers have asked for permission to close the hotel prior to the sale being finalized. It appears that SCC is looking for someone else to buy the property.
October 20th, 2018 at 6:44:21 PM
permalink
November 9th, 2018 at 8:31:35 AM
permalink
Quote: smoothgrhAuction on October 30.
Nobody was willing to bid the minimum $35 million, so the property belongs to Snow Covered Capital.
LVRJ Story
November 9th, 2018 at 8:59:43 AM
permalink
The gift shop next door sold for 50 million IIRC. Wonder what the deal is?
November 9th, 2018 at 10:49:11 AM
permalink
Quote: MaxPenThe gift shop next door sold for 50 million IIRC. Wonder what the deal is?
The ground under the shop sold for $50 million. Had it been raw land,I think it would have sold for more.
I assume whoever ends up with the Dragon is looking at huge demolition or reconstruction expenses.
Then there is the fact that the gift shop is on the Strip, Dragon is not. Location, location, location.
Remember about ten years ago when the El Cortez spent stupid money just to be able to say they had an entrance on The Strip.
The older I get, the better I recall things that never happened
November 9th, 2018 at 11:15:16 AM
permalink
aA off strip casino, off freemont casino can do well but there has to be a reason for it to draw people in. This one had no hook, the one reason I only went once was limited games and an entire casino devoted to Asian dining tastes. I don't recall seeing a restaurant there who served anything bus Asian and I know that was their market but you cant only cater to it. You give people a reason to leave.
November 9th, 2018 at 11:19:48 AM
permalink
No argument there, but property with a Las Vegas Blvd. address must sell at a premium over one with a Sahara address.
The older I get, the better I recall things that never happened
November 9th, 2018 at 3:55:48 PM
permalink
Quote: ThatDonGuyNobody was willing to bid the minimum $35 million, so the property belongs to Snow Covered Capital.
LVRJ Story
That was the boringest auction ever!
June 6th, 2019 at 7:14:09 AM
permalink
Lucky Dragon’s foreign investors demand refund:
https://www.reviewjournal.com/business/casinos-gaming/lucky-dragons-foreign-investors-demand-refund-1666732/
Many investors — foreigners who shelled out a half-million each in hopes of getting a green card — were confused and angry about the bankruptcy, according to court papers. Some just wanted their money back.
It’s also unclear whether the Lucky Dragon’s roughly 180 foreign investors — who put money into the project through a federal immigration program — still have a chance at permanent U.S. residency.
https://www.reviewjournal.com/business/casinos-gaming/lucky-dragons-foreign-investors-demand-refund-1666732/
Many investors — foreigners who shelled out a half-million each in hopes of getting a green card — were confused and angry about the bankruptcy, according to court papers. Some just wanted their money back.
It’s also unclear whether the Lucky Dragon’s roughly 180 foreign investors — who put money into the project through a federal immigration program — still have a chance at permanent U.S. residency.
Craps is paradise (Pair of dice).
Lets hear it for the SpeedCount Mathletes :)
June 6th, 2019 at 8:39:56 AM
permalink
Quote: 100xOddsLucky Dragon’s foreign investors demand refund:
https://www.reviewjournal.com/business/casinos-gaming/lucky-dragons-foreign-investors-demand-refund-1666732/
Many investors — foreigners who shelled out a half-million each in hopes of getting a green card — were confused and angry about the bankruptcy, according to court papers. Some just wanted their money back.
It’s also unclear whether the Lucky Dragon’s roughly 180 foreign investors — who put money into the project through a federal immigration program — still have a chance at permanent U.S. residency.
Haha.... wasn't there a conspiracy theory about the Lucky Dragon being nothing but some kind of immigration scam?
I wonder if the triads are involved in any of this on the foreign side of things. I sure wouldn't want to pi$$ any of them off....!
June 7th, 2019 at 5:52:52 AM
permalink
did all of the investors have to get a gaming license? I would think as an owner they would, or is it essentially like buying stock?
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
June 7th, 2019 at 7:23:59 AM
permalink
I would think not because of the time and expense involved. Those key personnel investigations are pretty thorough.
I am not sure though. I think the immigration laws focus on creating a business not actually running it and Nevada focuses on the people who play an active role.
I am not sure though. I think the immigration laws focus on creating a business not actually running it and Nevada focuses on the people who play an active role.
June 7th, 2019 at 7:41:36 AM
permalink
BC casinos in Canada have long been money laundering fronts so the triads are surely involved there albeit thru what the Chinese refer to as White Gloves.Quote: TigerWuI wonder if the triads are involved in any of this on the foreign side of things. I sure wouldn't want to pi$$ any of them off....!
When in-game betting in the UK first started on "live" games such as the next goal or something, the triads were definitely involved because when an attractive young couple let their cell phone batteries die and they couldn't phone in the results during the very brief "live window", the very experienced police officers in the MET's Major Crimes unit needed psychological counseling. Even what happened to their cat and how long it took was a sign the triads had intentionally left as a warning to others.
June 7th, 2019 at 8:16:51 AM
permalink
Looks like the investors didn't even get their green cards. Good😀
https://calvinayre.com/2019/05/21/casino/lucky-dragon-investors-sue-over-failed-american-dream/
https://calvinayre.com/2019/05/21/casino/lucky-dragon-investors-sue-over-failed-american-dream/
June 7th, 2019 at 8:39:51 AM
permalink
Quote: MaxPenLooks like the investors didn't even get their green cards. Good😀
Why is that "good?" They were injecting millions of dollars into the American economy and LEGALLY trying to obtain residence in the United States.
Also, this:
Quote:The Lucky Dragon was anything but lucky from the start. It faced problems from the beginning and was only able to earn about 20% of its forecast revenue in the first 18 months of operation.
Ouch.
June 7th, 2019 at 9:30:22 AM
permalink
Quote: TigerWu
Quote:The Lucky Dragon was anything but lucky from the start. It faced problems from the beginning and was only able to earn about 20% of its forecast revenue in the first 18 months of operation.
Ouch.
There are those who thought that 'ouch' was largely self inflicted by gross mismanagement in staffing and gaming options, almost as if they were just marking time before they would pull the plug.
June 7th, 2019 at 9:44:17 AM
permalink
That place was run like absolute dog-s***. I understand a business isn’t going to be run perfectly, but their problems were just....pretty ridiculous.
- Hosts could barely speak English. Texting one, it seemed like she was doing the whole “google translate” thing to go between Chinese and English.
- They sent out mail TWO F***ING WEEKS late. You’d literally get your mailer around the 14’th of the month and therefore lose out on gaming & food offers that were there earlier in the month. This wasn’t a one time thing.
- They didn’t have a craps table. I understand the sentiment of wanting to keep it as Chinese authentic as possible....but at some point, you gotta give in. You can’t compete against other casinos in the USA if you’re practically the only one without craps, especially if/when you’re already failing.
- The Chinese restaurant upstairs didn’t even have orange chicken.
- The small restaurant downstairs (order at the counter type place), the menu was mostly all in Chinese then underneath it, there’d be a small amount of text in English. Except the big problem is it seemed like there’d be a bunch of Chinese characters then underneath just says “chicken”....when you damn well know 3 things in a row on the menu aren’t just “chicken”.
- I played UTH there once (I think PokerGrindr was there too) and the machine couldn’t deal out the correct # of cards. Although this probably wasn’t something that happened all the time. Still tho
- Hosts could barely speak English. Texting one, it seemed like she was doing the whole “google translate” thing to go between Chinese and English.
- They sent out mail TWO F***ING WEEKS late. You’d literally get your mailer around the 14’th of the month and therefore lose out on gaming & food offers that were there earlier in the month. This wasn’t a one time thing.
- They didn’t have a craps table. I understand the sentiment of wanting to keep it as Chinese authentic as possible....but at some point, you gotta give in. You can’t compete against other casinos in the USA if you’re practically the only one without craps, especially if/when you’re already failing.
- The Chinese restaurant upstairs didn’t even have orange chicken.
- The small restaurant downstairs (order at the counter type place), the menu was mostly all in Chinese then underneath it, there’d be a small amount of text in English. Except the big problem is it seemed like there’d be a bunch of Chinese characters then underneath just says “chicken”....when you damn well know 3 things in a row on the menu aren’t just “chicken”.
- I played UTH there once (I think PokerGrindr was there too) and the machine couldn’t deal out the correct # of cards. Although this probably wasn’t something that happened all the time. Still tho
June 7th, 2019 at 4:52:28 PM
permalink
Here in southern Florida that used to be routine for the Seminoles too. The major difference is that the Seminole casinos are a monopoly. In Vegas, as they say in Bosch (season 5), you can take it on the arches or in this particular case, take it via Uber.Quote: RS- They sent out mail TWO F***ING WEEKS late. You’d literally get your mailer around the 14’th of the month and therefore lose out on gaming & food offers that were there earlier in the month. This wasn’t a one time thing.
June 7th, 2019 at 9:30:59 PM
permalink
Quote: RS
- The Chinese restaurant upstairs didn’t even have orange chicken.
Just this sealed it’s fate from the start.
Dost thou even hoist
June 7th, 2019 at 10:03:26 PM
permalink
They did have some good promotion's and very good free play.
It's sad they didn't make it.
The more independent casinos we have the better for everyone, especially AP's.
They(a security guard and his supervisor) harassed me and the Wizard one time for sitting in the car in the parking garage (we were only there about 5 minutes, or so it seemed) and the security was fairly rude about it. This was after a significant amount of action put in. I think that Mike was fairly upset. I didn't think it was.worth rocking the boat since the free play expected was well worth any harassment some idiot rent a cop gives you.
It's sad they didn't make it.
The more independent casinos we have the better for everyone, especially AP's.
They(a security guard and his supervisor) harassed me and the Wizard one time for sitting in the car in the parking garage (we were only there about 5 minutes, or so it seemed) and the security was fairly rude about it. This was after a significant amount of action put in. I think that Mike was fairly upset. I didn't think it was.worth rocking the boat since the free play expected was well worth any harassment some idiot rent a cop gives you.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 8th, 2019 at 5:19:57 AM
permalink
Yes, though I would add that they should be well run and largely English speaking. Lucky Dragon was neither.Quote: AxelWolfThe more independent casinos we have the better for everyone, especially AP's.
June 8th, 2019 at 9:22:20 AM
permalink
I don't care if they are well run. I prefer them not to be well run so they make a bunch of marketing mistakes in my favor. If they fail just let the next guy come in and make more marketing mistakes. Obviously, it's not good if the independents fail so often that the big guys keep buying them all up. I don't know what whoever said that is talking about, all the employees I spoke too spoke English just fine, and I was there many times. Don't believe or repeat everything you read on the internet.Quote: FleaStiffYes, though I would add that they should be well run and largely English speaking. Lucky Dragon was neither.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 8th, 2019 at 9:30:13 AM
permalink
Well let's see how the next Asian themed casino does - the mega, incoming Resorts World. Besides the Lucky Dragon, we had - The Mandarin, which wasn't a casino, but it was Asian themed, and it failed too.
I don't go into Bally's much if at all, but friends tell me it is very popular with Asians. At the other end we had the Hard Rock Vegas, which Asians seemed to have always eschewed.
I don't go into Bally's much if at all, but friends tell me it is very popular with Asians. At the other end we had the Hard Rock Vegas, which Asians seemed to have always eschewed.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 8th, 2019 at 9:44:15 AM
permalink
I just don't understand why Asians would come to Vegas looking for an Asian themed casino. Just build a casino and make sure it's staffed with Asian speaking people, and do whatever it is you need to do to accommodate them and appeal to their superstitions. If you must have an Asian themed casino at least call it Bruce Lee's Enter The Dragon or whatever. Perhaps a Bruce Lee show production with a Cirque quality. I would absolutely go see that.Quote: MDawgWell let's see how the next Asian themed casino does - the mega, incoming Resorts World. Besides the Lucky Dragon, we had - The Mandarin, which wasn't a casino, but it was Asian themed, and it failed too.
I don't go into Bally's much if at all, but friends tell me it is very popular with Asians. At the other end we had the Hard Rock Vegas, which Asians seemed to have always eschewed.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 8th, 2019 at 11:40:15 AM
permalink
Why not, it is illegal to put anything on the internet that is not true.Quote: AxelWolfDon't believe or repeat everything you read on the internet.
(No, I do not recall what commercial that is from).
Bruce Lee? I think his best movie was Marlowe, a neo-noir film based on The Little Sister.
(Noir: All cops are crooked, all alleys are blind, all dames are gin soaked temptresses who lead a man to his doom.)
(Neo-Noir: Noir film shot with a big budget and more than one camera).
June 8th, 2019 at 12:01:18 PM
permalink
Somehow the Bruce Lee Cirque de Soleil concept reminds me of William Shatner's rap version of Julius Caesar from "Free Enterprise."
https://www.youtube.com/watch?v=BbR68B0extA
https://www.youtube.com/watch?v=BbR68B0extA
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 8th, 2019 at 5:19:45 PM
permalink
Um ya, That's exactly what I was thinking...Quote: MDawgSomehow the Bruce Lee Cirque de Soleil concept reminds me of William Shatner's rap version of Julius Caesar from "Free Enterprise."
https://www.youtube.com/watch?v=BbR68B0extA
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
June 9th, 2019 at 11:21:49 PM
permalink
Asians don’t come to vegas for Asian themed stuff. They come here for bomb ass buffets like Bachanal, however they do appreciate being able to have hosts that speak Chinese and some Chinese food restaurants(not orange chicken). But they could care less about ambiance or azn themes. More stoges more buffets more gamboooo
Dost thou even hoist
June 19th, 2019 at 10:13:41 AM
permalink
Quote: happaheroAsians don’t come to vegas for Asian themed stuff. They come here for bomb ass buffets like Bachanal, however they do appreciate being able to have hosts that speak Chinese and some Chinese food restaurants(not orange chicken). But they could care less about ambiance or azn themes. More stoges more buffets more gamboooo
This moniker of "Asian" is misleading as it covers many different groups with a wide variety of tastes, beliefs, behaviors and personalities. Even within China, there are big differences between folks from the north and south, and they are not unlike America in that respect.
My friend with the tinfoil hat suggests that maybe the Lucky Dragon management wasn't just stumbling about in the dark before falling out the window... maybe they were pushed. If it was my job to stifle their business because they wouldn't pay their "association fees", I would make sure the printer understood that their mailers were to be given a low priority, or maybe some files would be "lost" resulting in delays. I would also make sure the food service delivery drivers understood that getting "lost" on the way there wasn't a bad thing if they wanted to keep their jobs, and maybe all their fingers...
Simplicity is the ultimate sophistication - Leonardo da Vinci
June 19th, 2019 at 10:46:58 AM
permalink
Quote: AyecarumbaThis moniker of "Asian" is misleading as it covers many different groups with a wide variety of tastes, beliefs, behaviors and personalities.
And then there are ABCs like me who are neither "Asian" enough nor "American" enough in the eyes of everyone.
I liked Lucky Dragon, but I was there in the VERY narrow window of when it was a decent place to visit.
