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Don Ahern Buys Lucky Dragon Hotel For $36 Million

Don Ahern, the owner of Ahern Rentals, purchased the shuttered Lucky Dragon hotel on W. Sahara just west of the Strip earlier this week in a foreclosure sale. Ahern paid $36 million for the property, which never gained it's footing after a much ballyhooed opening in 2016. The property was closed and fenced off last October. Ahern says he plans to rebrand the property and re-open it as a boutique style non-gaming hotel.