Lady Luck running out
Nevada (Las Vegas) - Howard Stutz, Gaming Wire - Owners of the Lady Luck, a 41-year-old hotel-casino on Third Street in downtown, said the property will close in February for a renovation that is expected to take about a year...The Henry Brent Co...has been operating the Lady Luck since 2003 and purchased the property in April..."We looked at every scenario possible to keep the property fully open during the renovation," Chief Executive Officer Andrew Donne said. "But in reality it would be difficult to provide guests with a good experience or attract the number of visitors we'd need to maintain our staff during the renovation."...The announcement by Lady Luck continued a year of upheaval in the downtown gaming market...Landry's Restaurants took over the Golden Nugget in September...gaming regulators this month are expected to approve Navegante, a company managed by veteran gaming executive Larry Woolf, as the operator of the Plaza, Gold Spike, Las Vegas Club and Western Hotel...Downtown casinos won $60.7 million in October, a jump of 4.8 percent from $57.9 million a year ago.
(Dead link: http://www.reviewjournal.com/lvrj_home/2005/Dec-13-Tue-2005/business/4759504.html)
Nevada (Las Vegas) - Howard Stutz, Gaming Wire - Owners of the Lady Luck, a 41-year-old hotel-casino on Third Street in downtown, said the property will close in February for a renovation that is expected to take about a year...The Henry Brent Co...has been operating the Lady Luck since 2003 and purchased the property in April..."We looked at every scenario possible to keep the property fully open during the renovation," Chief Executive Officer Andrew Donne said. "But in reality it would be difficult to provide guests with a good experience or attract the number of visitors we'd need to maintain our staff during the renovation."...The announcement by Lady Luck continued a year of upheaval in the downtown gaming market...Landry's Restaurants took over the Golden Nugget in September...gaming regulators this month are expected to approve Navegante, a company managed by veteran gaming executive Larry Woolf, as the operator of the Plaza, Gold Spike, Las Vegas Club and Western Hotel...Downtown casinos won $60.7 million in October, a jump of 4.8 percent from $57.9 million a year ago.
(Dead link: http://www.reviewjournal.com/lvrj_home/2005/Dec-13-Tue-2005/business/4759504.html)