Significant progress has been made on two Chinese-themed resorts in Las Vegas, with the first – Lucky Dragon – on track to open by the end of the year.
The boutique casino, located on the corner of Sahara Avenue and Las Vegas Boulevard just south of the Stratosphere, will feature 204 hotel rooms, a 27,500-square-foot gaming area, five restaurants, three bars and a glass dragon sculpture weighing well over a ton.
Lucky Dragon’s Chief Operating Officer David Jacoby said the development schedule remained on track despite having a request for tax increment financing to the tune of US$25 million rejected by Las Vegas City Council.
“That really had no effect on the development schedule,” Jacoby told the Las Vegas Review-Journal. “We didn’t change around the project for it; it didn’t speed up or slow down the project.”
Lucky Dragon is hoping to lure Chinese gamblers its way with its heavy use of Asian themes, as well as making the most of its prime location with Jacoby stating that momentum was clearly shifting to the northern end of the Strip.
Nearby, Genting has finally broken ground on its giant Chinese-themed Resorts World Las Vegas project. The US$4 billion project will feature four hotel towers with a combined 7,000 rooms, a 175,000-square-foot casino, a conference center and a 29,350-square-foot lake surrounded by a Chinese garden. It is scheduled to open its first phase in 2019.
