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Knott Lucky Dragon Summary

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Knott presented a lot information on the stock drops of China and how that played into the stock of the oil industry to drop as well. He went on to tie it together with new hotel projects on the strip and how heavily they depend on China for goods and even funds. This is a trickle down type of effect because now some just about ready to open new hotels on the strip are running low on money and resources. A great example of this is the Lucky Dragon, a small three-hundred room hotel geared towards Asian clients. The Lucky Dragon even went as far as asking the City Council for financial support; which is something that has never been done for a hotel builder before. Knott doesn't believe anything will come of this, because hotels have never been

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