The Lucky Dragon, 300 W. Sahara Ave., was the first hotel-casino built from the ground up in Las Vegas since the recession and tried to capitalize on a coveted slice of the tourism market.
In Las Vegas, there's a new nightclub on the block, and the competition has reason to be concerned. The LAX Nightclub opened in August 2007 at the Luxor Hotel and is the brainchild of Pure Management Group, who is doing their part to keep Las Vegas nightlife on the edge of hip. Pure Management has already opened at least one club on the Vegas Strip and is helping to make Las Vegas a top clubbing destination. As if the party wasn't big enough already, but, 'the more the merrier' is the motto here. Can you really have too much of a good thing?
The LAX Las Vegas Nightclub is the spinoff of the popular LAX Nightclub in Los Angeles. Investors in the Vegas branch include the likes of Christina Aguilera and DJ AM. Having risen to lofty heights in the DJ industry, DJ AM is just one of the top DJ's you can expect to catch at the LAX Club. DJ Vice joins AM as the resident DJ, and you never know who will drop by next to spin what they've been working on. The talk of the town when it comes to the Vegas nightlife scene, the ultra-chic LAX Nightclub is state-of-the-art bliss, not only in terms of how it sounds, but also how it looks. Deep red tones and blue, purple lights smooth the vibe out and at over 26,000 square feet, it is sizeable enough. There is a main stage on the first floor of the LAX Luxor Nightclub, and the wide open floor layout features soft, red leather VIP booths with small, elegant tables. The VIP Rooms and additional hangout areas loom on the second floor, as does the new Bar Noir. The adjacent Company American Bistro makes this a complete nightlife destination.
Being a hot hangout for celebrities and nightclub connoisseurs, if you want to book one of the VIP rooms at the LAX Nightclub, then you better get your reservation in ASAP. This is especially true for the New Years Eve party. You can bet that the new Luxor Nightclub will be one of the top places to celebrate New Years in Las Vegas, and the Hilton Sisters are on board to ring in the first ever LAX Las Vegas New Year. While that may be more exciting to some, rather than others, it shows the Hollywood appeal that is attached to this place. New Years isn't the only big party you'll find at the LAX Las Vegas club, as really almost every night here is a party for the ages. The LAX Nightclub opens at 10 pm Wednesdays through Saturdays, closing long after at 4 am. Sunday, Monday and Tuesday, the LAX Club rests a bit, readying itself for another electric 4 nights of all-out letting go. The sound and lighting system at the LAX Nightclub is rumored to be the only one like it in the United States, and with four bars between the two floors, you won't miss a few songs just because you need a refill. You might consider checking out a show or event here, and if you are feeling the desire to live extra large you can rent a VIP seat or room and take advantage of the premium bottle service.
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Fashionable attire is required at the LAX Las Vegas nightclub, which basically means leave the sports jerseys on their hangars. The idea is to basically dress to impress, as this see-and-be-seen locale is not intended for the frumpy or untidy. There is self parking available at the Luxor, if you are driving, and valet service is available if you desire extra convenience for your entrance and exit. Admission to the LAX Luxor Nightclub is somewhat pricy, but reasonable nonetheless, and on non-event nights men generally get in for around $30, while the women pay $10 less. If you are a fan of trendy nightclubs, then you won't want to miss the chance to party at least one night away at the LAX Las Vegas nightclub. This place is as cool as they come, and as hot as you would want it to be.
Thirty-years-ago, the Mirage casino set a new level for investment in Las Vegas when Steve Wynn spent $620 million to build a property that set the stage for the modern Strip resort.
Thousands waited on a November morning for the Mirage to open to see the resort that had a tropical setting with lagoons, a volcano, and an atrium as well as palm trees. An estimated 750,000 people visited the resort that first weekend.
Three decades later, a lot of things have changed in Las Vegas. Among the changes are that visitors today spend more on non-gaming amenities, such as restaurants and shows, instead of putting their dollars into slot machines or on table games.
But most notably is the cost to build these temples to gaming and entertainment have more than quadrupled since Wynn teamed up with financier Michael Milken to build the Mirage.
The Bellagio at $1.6 billion took the title of most expensive resort when it opened in 1998 on the site of the former Dunes. Then in 2003, Wynn Las Vegas opened at a cost of $2.7 billion.
Topping them all, was the Cosmopolitan of Las Vegas, which was the last new casino-resort to be built on the Strip, at a cost of $4.18 billion.
Now, that title will belong to Resorts World Las Vegas when it opens in the summer of 2021. Genting Group, who hinted last month that the project would initially open in late 2020, will spend $4.3 billion on the resort.
Resorts World Las Vegas is being built on the former Stardust site that Boyd Gaming had hoped to build the Echelon resort before the recession halted those plans. The project, which was first conceived by Genting in March 2013, was originally designed with a Forbidden City influence featuring Chinese architecture. It was to be the first Asian-focused property in Las Vegas.
But recently, Genting said Resorts World will have only “Asian-inspired touches,” curtailing the company’s original Asian theme. Scott Sibella, president of Resorts World Las Vegas, said they’ve been working diligently to perfect the vision of their project.
Genting’s decision to rework its project comes after the failed Lucky Dragon project was sold in April for $36 million to Don Ahern, chairman and CEO of Ahern Rentals. The $160 million Lucky Dragon, which was built on Sahara Avenue just west of Las Vegas Boulevard, opened its doors in 2016 as an Asian-themed boutique casino in an effort to attract Asian locals and international visitors.
But the Asian theme was not enough to draw enough gamblers to the property, forcing the Lucky Dragon to close and file for bankruptcy in January 2018.
In a project update, Sibella said he believed Resorts World’s “unique design and commitment to providing cutting-edge amenities” is the foundation to curating a thoughtful resort experience.
Resorts World will feature a 110,000-square-foot casino floor with slots, table games, high limit gaming areas, private gaming salons, and a dedicated poker room. Sibella said an adjacent 14,000-square-foot entertainment zone will house a sportsbook.
Two hotel towers will offer a combined 3,500 rooms, including luxury suites, villas, penthouses, open balconies, and even a sky casino.
Sibella said the goal is to “redefine the luxury hotel standard in Las Vegas.”
Resorts World will also feature 350,000 square feet of meeting and convention space, seven unique pools, and 75,000-square-foot day and nightclub.
The property will also try to draw in Strip pedestrians with a 50-foot diameter video globe displaying over 6,000 square feet of LED content. Additionally, the West Tower will host a 100,000-suare-foot LED screen and the East Tower will have a 19,000-square-foot display.
As Genting continues construction on Resorts World, an adjacent 34.6-acres of land sits vacant as Wynn Resorts Ltd. remains unclear what it will do with the property. Wynn Resorts bought the old New Frontier site and some adjacent property in December 2017 from Crown Resorts, who had planned to build a hotel-casino on the land.
During their third-quarter earnings call, after an analyst asked what Wynn Resorts plans to do with the site, CEO Matt Maddox said the company likes owning that land for its “option value.”
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“We are continuing to think about what could work on the (property) across the street,” Maddox said. “But in order to really understand what would work, we believe that first we need to see how Resorts World opens … watch the Raiders stadium come in.”
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Right now, Maddox noted, “It’s expensive to build in Las Vegas, so we’ll wait to see what most sense to increase shareholder value from the property.'