Fortunate Dragon auction delayed in Las Vegas

The sign outside of the Lucky Dragon is shown on Feb. 6, 2018. (Peter Dawson/FOX5)
< img alt= "The indication outside of the Lucky Dragon is shown on Feb. 6, 2018.( Peter Dawson/FOX5)A closed sign is shown at the Lucky Dragon hotel-casino on Feb. 6, 2018. (Peter Dawson/FOX5)
” title= “The indication outside of the Lucky Dragon is shown on Feb. 6, 2018. (Peter Dawson/FOX5)A chain holds the doors to the Lucky Dragon shut on Feb. 6, 2018. (Peter Dawson/FOX5)
” border =” 0″ src= “/wp-content/uploads/2018/02/15988442_G.png” width=” 180 “/ > The indication beyond the Lucky Dragon is shown on Feb. 6, 2018.( Peter Dawson/FOX5)< img alt=" A closed sign is revealed at the Lucky Dragon hotel-casino on Feb. 6,2018.( Peter Dawson/FOX5)” title=” A closed sign is shown at the Lucky Dragon hotel-casino on

Feb. 6, 2018.( Peter Dawson/FOX5)” border=” 0″ src=” /wp-content/uploads/2018/02/15988400_G.png” width=” 180″/ >The Lucky Dragon Casino is pictured in this undated image (FOX5).A closed indication is shown at the Lucky Dragon hotel-casino on Feb. 6, 2018.

( Peter Dawson/FOX5) A chain holds the doors to the Fortunate Dragon shut on Feb. 6, 2018.( Peter Dawson/FOX5) A chain holds the doors to the Lucky Dragon shut on Feb. 6, 2018.( Peter Dawson/FOX5) Las Vegas’ Lucky Dragon Gambling establishment dealing with foreclosure Las Vegas’ Fortunate Dragon Casino dealing with foreclosure Upgraded >: Thursday, January 18 2018 2:25 AM EST2018-01-18 07:25:09 GMT < img border=" 0" width=" 90" title=" The Fortunate Dragon Gambling establishment is pictured in this undated image( FOX5

).” alt=” The Fortunate Dragon Casino is pictured in this undated image (FOX5 ).”/ > The Lucky Dragon Gambling establishment is pictured in this undated image( FOX5). Files from the Clark County Recorder’s workplace show the Fortunate Dragon Gambling establishment, which opened in late 2016, is now facing foreclosure More >Artist rendering shows the Lucky Dragon hotel-casino.Files from the Clark County Recorder’s workplace reveal the Lucky Dragon Gambling establishment, which opened in late 2016, is now dealing with foreclosure More > Fortunate Dragon hotel-casino to minimize personnel, video gaming choices Fortunate Dragon hotel-casino to minimize personnel, gaming options Upgraded:

Thursday, January 4 2018 4:08 PM EST2018-01-04 21:08:17 GMT Artist rendering shows the Fortunate Dragon hotel-casino.Among the most recent homes near the Las Vegas Strip announces strategies to cut costs in the middle of a reorganization process. More > One of the most recent homes near the Las Vegas Strip announces plans to cut expenses amid a reorganization procedure. More > Fortunate Dragon celebration represents increase of Asian tourist

Performers dance with a dragon-themed decoration (FOX5).in Las Vegas Lucky Dragon celebration symbolizes rise of Asian tourism in Las Vegas Updated: Monday, December 4 2017 1:55 AM EST2017-12-04 06:55:23 GMT Entertainers dance with a dragon-themed decoration (FOX5). Millions of people travel to Las Vegas every year, making it one of the largest tourist locations worldwide. However, less than twenty percent of those visitors are from other countries. More > Countless people travel to Las Vegas every year, making it among the largest traveler destinations in >

the world.

Nevertheless, less than twenty percent of those visitors are from other countries. More > LAS VEGAS( FOX5)- The Lucky Dragon hotel and gambling establishment auction has been delayed. An auction was scheduled to occur on Tuesday morning.

It is now arranged to occur on Feb. 22 at the exact same time, 10 a.m., due to the beneficiary’s demand.

The home opened in November 2016. 10 months later on the gambling establishment received a default notification for a $90 million loan, which was the very first sign that the residential or commercial property was struggling. In December, just past the one-year anniversary, the property laid off workers when gaming and restaurant sections halted operations.

The property aimed to draw in Asian tourists and draw them away from well-established casinos. The Lucky Dragon also cannot interest residents. During its opening, the video gaming floor was filled with popular Asian video games like baccarat and had actually restricted blackjack and no craps tables.

The nine-story resort hotel with 27,500 square feet of gambling establishment area sits on a 2.5-acre lot on the north end of the Strip.

The auction will happen at Nevada Legal News at 930 South 4th Street, near Charleston Boulevard and Coolidge Opportunity.

Nevada Legal News said a last minute personal bankruptcy or outside investors could stop the sale.

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