**Palms Casino Las Vegas Owners** ## **Who Owns the Palms Casino Las Vegas?** The Palms Casino Las Vegas is owned by a group of investors led by Red Rock Resorts. The company acquired the casino in 2016 for $310 million. ### **History of the Palms Casino Las Vegas** The Palms Casino Las Vegas was originally opened in 1996 by Steve Wynn. The casino was a major success, and it quickly became one of the most popular casinos in Las Vegas. However, in 2007, Wynn sold the casino to a group of investors led by George Maloof. The Maloofs invested heavily in the casino, and they made a number of changes to the property. However, the casino continued to struggle financially. In 2016, the Maloofs sold the casino to Red Rock Resorts. ### **Current Status of the Palms Casino Las Vegas** The Palms Casino Las Vegas is currently undergoing a major…

**Owners of Palms Casino Las Vegas** The Palms Casino Resort in Las Vegas is owned by Vici Properties and operated by MGM Resorts International. The casino was originally opened in 1996 by Steve Wynn, who sold it to Mirage Resorts in 2000. In 2007, Mirage Resorts was acquired by MGM Resorts International, which has owned and operated the Palms ever since. ## **History of the Palms Casino Resort** The Palms Casino Resort was originally conceived by Steve Wynn as a luxury resort that would cater to high-end clientele. The casino opened in 1996 and quickly became one of the most popular destinations in Las Vegas. In 2000, Wynn sold the Palms to Mirage Resorts for $965 million. Mirage Resorts continued to operate the Palms until 2007, when it was acquired by MGM Resorts International. MGM Resorts has made significant investments in the Palms since acquiring it, including a major renovation…