Las Vegas: The Palms’ new owners share property plans for the first time

Las Vegas: The Palms’ new owners share property plans for the first time

Article brief provided by Las Vegas Review-Journal
  • Mike Shoro, Las Vegas Review-Journal
October 16, 2021 4:45 PM
  • Mike Shoro, Las Vegas Review-Journal

The Palms’ soon-to-be owners are ready to get to work.

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Several months after announcing a $650-million deal to buy the Palms from Red Rock Resorts, the San Manuel Band of Mission Indians shared details for the first time publicly about its plans to reshape and reopen the off-Strip resort.

San Manuel is targeting the first half of 2022 to reopen the Palms for the first time since the COVID-19 shutdown last spring, and the tribe has plans to run the property with a focus on gaming and Las Vegas locals. The San Manuel Gaming and Hospitality Authority, a subsidiary of the tribe, must receive gaming regulatory approval before it can own and operate the hotel-casino.