Lucky Dragon Hotel & Casino
About
The Lucky Dragon Hotel & Casino was a boutique Asian-themed casino resort that opened in November 2016, notable as the first ground-up casino resort built in Las Vegas since The Cosmopolitan in 2010. Financed primarily through the EB-5 immigrant investor program, the $160 million property was designed to cater specifically to Asian gamblers and tourists with authentic Chinese and Japanese restaurants, feng shui-inspired design, and a tea garden. The 9-story, 203-room property featured a 27,500 square foot casino floor with 37 table games and 300 slot machines. Despite initial optimism, the Lucky Dragon struggled to attract sufficient business. The casino closed in January 2018, and the hotel followed in October 2018. The property filed for bankruptcy and was eventually sold at auction, reopening in 2020 as the Ahern Hotel, a non-gaming boutique hotel.
Key Stats
Amenities
Highlights
- Beautiful Asian-themed design
- Authentic Asian restaurants
- Boutique atmosphere
Consider
- Very short-lived casino
- Off-Strip location
- Financial struggles from opening
Dining Highlights
Nearby Attractions
Lucky Dragon Hotel & Casino FAQ
How long was the Lucky Dragon open as a casino?
The Lucky Dragon's casino operated for only about 14 months, from November 2016 to January 2018.
What is the Lucky Dragon building now?
The property was sold at auction and reopened in 2020 as the Ahern Hotel, a non-gaming boutique hotel.
Why did the Lucky Dragon fail?
The property struggled with its off-Strip location, insufficient foot traffic, and financial difficulties related to its EB-5 financing structure.
