Who owned the Palms Casino?
The Palms Casino Resort is a hotel and casino located in Las Vegas, Nevada. It was originally opened in 1993 as the Las Vegas Sands, but was rebranded as the Palms in 2001. The casino is owned by Red Rock Resorts, Inc.
History of the Palms Casino
The Palms Casino Resort was originally developed by the Sands Corporation, which also owned the Venetian Resort Hotel Casino and the Mirage Resort and Casino. The casino was designed by the architectural firm of Klai Juba Wald Architects and opened in 1993. The casino was originally named the Las Vegas Sands, but was rebranded as the Palms in 2001.
In 2007, the Palms was sold to Station Casinos for $1.7 billion. Station Casinos owned the casino until 2016, when it was sold to Red Rock Resorts, Inc. for $316 million.
Current ownership of the Palms Casino
The Palms Casino Resort is currently owned by Red Rock Resorts, Inc. Red Rock Resorts is a publicly traded company that owns and operates a number of casinos and resorts in Nevada, including the Red Rock Casino Resort Spa, the Green Valley Ranch Resort & Spa, and the Aliante Casino & Hotel.
Palms Casino facts and figures
The Palms Casino Resort is a 76,000-square-foot casino with over 2,000 slot machines and table games. The casino also has a number of restaurants, bars, and nightclubs. The resort has over 700 rooms and suites, and a number of pools, spas, and fitness centers.
The Palms Casino is located on the Las Vegas Strip, and is one of the most popular casinos in the city. The casino is known for its celebrity clientele, and for its high-end amenities.
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