One of the mysteries of the English language finally explained.
1US. Especially in the West: (a name for) a saloon at the end of a street or the edge of a town. Now chiefly historical.
2Figurative and in figurative contexts. A final opportunity or hope for success; the last refuge of the unsuccessful or desperate. Now chiefly British.
Mid 19th century; earliest use found in Morning Republican (Little Rock, Arkansas). From last + chance + saloon.
last chance saloon/ˌlɑːs(t) tʃɑːns səˈluːn//ˌlas(t) ˌʃans səˈluːn/
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