Lady Luck Hotel & Casino

Lady Luck Hotel & Casino

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Lady Luck Hotel & Casino

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Description:
The Lady Luck (closed in Feb 2006) was a hotel and casino in the downtown area of Las Vegas, Nevada. It is owned by the Los Angeles based CIM Group. Some of the rooms are owned as timeshares. The Lady Luck Hotel and Casino has been closed since early 2006 and the interior spaces largely demolished in preparation for renovations. Set on at 3rd Street and East Ogden Avenue, the development is composed of two towers - the 17-story East Tower built in 1985 with 297-hotel rooms on floors 3 - 17; and the 25-story West Tower with 334 hotel rooms on floors 6 - 25. The East Tower is connected to ground level casino. The property is served by a four-level parking garage and features several restaurants and entertainment venues along 3rd Street. These popular establishments include Triple George Grill, Sidebar and Hogs & Heifers.

History

  • In 2000 the Lady Luck was acquired by Isle of Capri.
    • On June, 2002 it was purchased by Steadfast AMX who turned two floors into timeshares.
    • On May 13, 2005 it was purchased by the Henry Brent Company for $24 million.
      • On May 16, 2005 plans were announced for a major renovation and expansion of the property to begin early in 2006. On February 11, 2006 the hotel and casino, but not the timeshares, closed for remodeling; the property was expected to be closed for nine to twelve months but financing collapsed.
      • On June 12, 2007 the casino was purchased by the CIM Group for $20.4......
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