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table games at bicycle casinoFeng Shui’d to Death: For Lucky Dragon bankruptcy offers its best hope of preserving jobs and finding a buyer, according to management. Chinese New Year didn’t prove to be very lucky for Lucky Dragon, Las Vegas’ newest casino and its most recently shuttered.  no review was undertaken due to a systems failure.  no review was undertaken due to a systems failure. Chinese New Year didn’t prove to be very lucky for Lucky Dragon, Las Vegas’ newest casino and its most recently shuttered. The casino has been beset by financial difficulties since it opened in 2016 (image: Lucky Dragon)On Friday, the first day of the Year of the Dog, the Chinese-themed casino filed for Chapter 11 bankruptcy protection, less than a year and a half after its grand opening.Lucky Dragon closed its casino floor in early January, claiming it was “repositioning,” although rumors of financial difficulties had been swirling since late 2017.By mid-January, a foreclosure auction was announced amid news the casino’s developer, Andrew Fonfa, had defaulted on a million loan, which he had taken out in the spring of 2016 with a company called Snow Covered Capital.Fonfa had previously claimed the project had been “fully financed,” largely through .5 million in loans from 120 Chinese families seeking US citizenship. casino extreme no deposit bonus codes april 2021

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