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Exit The Dragon

By Chuckmonster on Monday, 23rd March 2009 10:48pm
  » filed under Las Vegas  comments: 1

   

Dragon City Las Vegas

If you're in the market for fully zoned casino property right in the heart of Las Vegas' Chinatown and haven't spent your tax refund/stimulus check/piggy bank yet, YOU ARE IN LUCK!

The planned Dragon City Hotel & Resort has ran out of gas and the holder of the foreclosed real estate is holding a public auction on May 16, 2009 at the MGM Grand. Sellers are touting the casino plans as the "first Asian-themed gaming site in the United States." I'm not really sure which United States they're talking about because it ain't these ones *cough Imperial Palace cough*.

The 'buy it now' price : $174M - which is roughly half of what Dubai World's 100M shares of MGM stock are currently worth. Perhaps we can have a 'let's get baked' sale?



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Comments & Discussion:

 rbg81601 posted on Tuesday, 24th March 2009 - 8:42 am

I doubt any Asian, or Asian-American person would voluntarily consider Emperor Wang's Venereal Palace as anything to do with, or coming from any part of, their culture or heritage.



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