Failed Grateful Dragon Casino Resort Shuts Hotel Tower

Failed Grateful Dragon Casino Resort Shuts Hotel Tower

Were unable casino holiday resort scheduled for being sold at real estate foreclosure auction at October one month

The nine-story hotel spire, turret of the been unsuccessful Lucky Monster Las Vegas établissement casino location closed doors Tuesday, September 2 . The hotel’s closure appeared after the casino and as well as beverage services at the n . Strip real estate were shuttered this past Economy is shown.

The Grateful Dragon exposed doors with November 2016. Located on the bad northern section of the legendary Las Vegas Strip, the property or house was the initially hotel and casino destination raised from the beginning up while in the popular gaming and enjoyment hub since recession.

It absolutely was built to serve Asian great rollers, yet never really resulted in profit. Keepers announced beginning this year the casino percentage of the property could well be closed . The Happy Dragon afterward faced property foreclosure and eventually recorded for Part 11 personal in May.

According to judge papers, the property or house recorded regular monthly operating cutbacks of all around $200, 000 throughout it is Chapter 5 bankruptcy all this eventually necessitated the finish of the nine-story, 200-room lodging.

Court forms also show that the minimal payments 5-acre shop resort will be expected to become sold at a new foreclosure public sale scheduled meant for October thirty .

Hometown news wall socket the Nevada Review-Journal provides reported in which California entrepreneur Alex Meruelo , just who recently picked up the SLS Las Vegas, provides expressed involvement in buying the neglected Lucky Dragon. Leggi tutto “Failed Grateful Dragon Casino Resort Shuts Hotel Tower”