Owner of Palms Casino Las Vegas
Who Owns Palms Casino Las Vegas?
Palms Casino Las Vegas is owned by Red Rock Resorts, Inc. Red Rock Resorts is a publicly traded company that owns and operates 10 casinos in Nevada, Colorado, and California. The company was founded in 1993 and is headquartered in Las Vegas, Nevada.
History of Palms Casino Las Vegas
The Palms Casino Las Vegas was originally built in 1993 as a joint venture between Merv Griffin and Steve Wynn. The casino was originally called the Mirage-MGM Grand Hotel and Casino. In 2000, the casino was sold to Harrah’s Entertainment for $965 million. In 2007, Harrah’s Entertainment was acquired by Caesars Entertainment Corporation. In 2016, Caesars Entertainment sold the Palms Casino Las Vegas to Red Rock Resorts for $316 million.
Amenities at Palms Casino Las Vegas
Palms Casino Las Vegas has a variety of amenities, including a casino, a spa, a pool, a golf course, and a shopping mall. The casino has over 2,000 slot machines and over 100 table games. The spa offers a variety of services, including massages, facials, and body treatments. The pool has a lazy river, a water slide, and a children’s pool. The golf course is a par-72 course that is open to the public. The shopping mall has over 100 stores, including designer boutiques, department stores, and specialty shops.
Notable Events at Palms Casino Las Vegas
Palms Casino Las Vegas has hosted a variety of notable events, including the Miss Universe Pageant, the World Series of Poker, and the Billboard Music Awards. The casino has also been featured in a number of movies and television shows, including The Hangover, The Hangover Part II, and Entourage.
Future of Palms Casino Las Vegas
Red Rock Resorts has plans to invest $600 million in renovations at Palms Casino Las Vegas. The renovations are expected to be completed in 2023. The renovations will include a new casino floor, a new spa, a new pool, and a new hotel tower.
Conclusion
Palms Casino Las Vegas is a popular destination for tourists and locals alike. The casino offers a variety of amenities, including a casino, a spa, a pool, a golf course, and a shopping mall. The casino has also hosted a variety of notable events, including the Miss Universe Pageant, the World Series of Poker, and the Billboard Music Awards. Red Rock Resorts has plans to invest $600 million in renovations at Palms Casino Las Vegas. The renovations are expected to be completed in 2023. The renovations will include a new casino floor, a new spa, a new pool, and a new hotel tower.
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