Who Owns The Lucky Dragon Las Vegas Contact Information
Jan 15, 2019 The $165 million Lucky Dragon in Las Vegas, the casino resort that opened in November 2016 only to close less than two years later in in October 2018, reportedly has several interested buyers.
| Tuscany Suites & Casino | |
|---|---|
| Location | Paradise, Nevada |
| Address | 255 E. Flamingo Road |
| Opening date | December 2001 |
| Theme | Tuscany |
| No. of rooms | 716 |
| Total gaming space | 60,000 sq ft (5,600 m2) |
| Casino type | Land-based |
| Owner | CMH Real Estate Development |
| Website | tuscanylv.com |
Tuscany Suites and Casino is an all-suite hotel and casino situated on 27 acres (11 ha) in Paradise, Nevada.[1] The hotel opened in 2001, while the casino opened in 2003.
History[edit]
Who Owns The Lucky Dragon Las Vegas Contact Information System
In 1988, Charles M. Heers purchased 17.5 acres from the Howard Hughes estate, and later purchased an additional 10 acres.[1] Heers' family also owned the Vacation Village hotel and casino.[2] For over a decade, a life-sized ship advertised Heers' plans for the Caribbean resort, which never materialized because of high costs.[1][3][4][5] As early as 1997, Heers approached Gary Ellis, owner of the nearby Ellis Island Casino & Brewery, about the possibility of assuming or managing operations of the hotel-casino that was planned for the property.[6]
Construction on the 716-room Italian-themed Tuscany hotel began in January 2001, with a planned opening later that summer.[7] At that time, an additional 306 rooms and a casino were planned to open in fall 2001, with the casino planned to be managed by the Ellis Island casino.[7] The all-suite Tuscany hotel opened in December 2001.[4][5] The Tuscany Suites was developed by Inland Empire Builders.[7]
In August 2002, the casino's opening was planned for November 2002.[2] The 60,000 square-foot casino ultimately had a soft opening on January 17, 2003, with 800 slot machines, and eight table games.[1][5][8] An official grand opening was planned within one or two months, after the completion of a 40,000 square-foot convention center.[5] The casino was expected to boost the hotel's occupancy.[5]
The Tuscany cost $100 million to build,[9] and was owned by Heers and Arizona contractor Gaylord Yost,[3] as well as Heers' company,[9] CMH Real Estate Development Inc., which also operated three Las Vegas-area apartment complexes.[7] The Tuscany had hoped to primarily attract a clientele of tourists and local residents,[9][10] as well as employees from larger resorts on the Las Vegas Strip.[1][4]
Negotiations with Gary Ellis began in January 2004, to combine the operations of Ellis Island and the Tuscany.[6] In April 2004, Ellis agreed to invest in the Tuscany for joint ownership and the management of its casino.[4] At that time, the Tuscany's casino had not been attracting its targeted clientele, partially because of competition from Ellis Island.[4] In June 2004, Heers suddenly abandoned the deal before it was to be finalized. He subsequently ceased contact with Ellis. The following month, Ellis filed a lawsuit against Heers, accusing him of breach of contract, fraud and misappropriation of trade practices secrets. According to Heers' lawyer, Ellis changed the conditions of the deal, leading Heers to back out of it upon learning that Ellis planned to sell Ellis Island without combining the two properties into one company.[6]
References[edit]
- ^ abcdeLiz Benston (January 17, 2003). 'Tuscany hopes to find right blend of tourists, locals'. Las Vegas Sun.
- ^ abFink, Jerry (2 August 2002). 'Tracy success story: From busboy to business owner'. Las Vegas Sun. Retrieved 28 October 2015.
- ^ abSimpson, Jeff (22 November 2002). 'Panel approves licenses for Cannery, Tuscany'. Las Vegas Review-Journal. Archived from the original on 11 December 2002.
- ^ abcde'Ellis Island, Tuscany in deal'. Las Vegas Sun. 12 April 2004. Retrieved 28 October 2015.
- ^ abcdeSimpson, Jeff (14 January 2003). 'Tuscany casino aims for dual market'. Las Vegas Review-Journal. Archived from the original on 5 March 2003.
- ^ abc'Ellis Island sues over failed Tuscany Suites merger'. Las Vegas Sun. 2 August 2004. Retrieved 28 October 2015.
- ^ abcd'New Flamingo Road hotel-casino under construction'. Las Vegas Sun. 30 January 2001. Retrieved 5 December 2011.
- ^'Tuscany unveils casino'. Las Vegas Sun. 20 January 2003. Retrieved 5 December 2011.
- ^ abcBenston, Liz (2 January 2003). 'Trio of 2003 casino openings begins tonight'. Las Vegas Sun. Retrieved 28 October 2015.
- ^'New E. Flamingo casino to target locals, tourists'. Las Vegas Sun. 26 August 2002. Retrieved 28 October 2015.
Coordinates: 36°06′48″N115°09′36″W / 36.1133°N 115.1600°W
