red rock resort

Overview Red Rock Resort, situated in Summerlin, Nevada, United States, offers a comprehensive experience in entertainment, dining, and leisure activities. This resort provides an ideal blend of gaming, upscale dining options, and vibrant nightlife. History Built by the Station Casinos group, Red Rock Resort was designed to resemble natural red rock formations, aiming to capture the essence of the nearby Red Rock Canyon National Conservation Area. The resort’s architecture seamlessly integrates into its desert surroundings.

palms casino resort owner

Introduction

The Palms Casino Resort, located in Las Vegas, Nevada, has been a prominent fixture in the city’s vibrant nightlife and entertainment scene. Over the years, the ownership of this iconic resort has changed hands, each bringing their unique vision and strategies to transform and elevate the property. This article delves into the history of the Palms Casino Resort’s ownership, highlighting key figures and their contributions to its evolution.

Early Ownership: The Maloof Family

The Maloof Brothers

  • Founders: The Palms Casino Resort was initially owned by the Maloof family, specifically brothers George, Gavin, and Joe Maloof.
  • Vision: The Maloofs envisioned the Palms as a hip, trendy destination that would attract a younger, more diverse crowd compared to other Las Vegas resorts.
  • Key Features: Under their ownership, the Palms introduced features such as the Ghostbar, a rooftop lounge, and the Playboy Club, which became iconic attractions.

Expansion and Success

  • Growth: The Maloofs expanded the resort with the addition of the Fantasy Tower, which included the famous Sky Villas and the Hardwood Suite, a basketball-themed room.
  • Celebrity Appeal: The resort gained significant celebrity attention, hosting numerous high-profile events and parties, further cementing its status as a must-visit destination.

Mid-2000s: Sale to TPG Capital and Leonard Green & Partners

New Ownership

  • Buyers: In 2016, the Palms was sold to a consortium led by TPG Capital and Leonard Green & Partners for $312.5 million.
  • Strategic Focus: The new owners aimed to revitalize the property, investing in renovations and upgrades to modernize the resort.

Renovations and Upgrades

  • Facility Improvements: Major renovations included updates to the casino floor, hotel rooms, and public spaces.
  • New Attractions: The new owners introduced new attractions such as the KAOS Dayclub and Nightclub, a state-of-the-art entertainment venue.

Recent Ownership: Red Rock Resorts

Acquisition by Red Rock Resorts

  • Buyer: In 2021, Red Rock Resorts, a subsidiary of Station Casinos, acquired the Palms Casino Resort for $650 million.
  • Vision: Red Rock Resorts plans to continue the transformation of the Palms, aiming to make it a premier destination in Las Vegas.

Future Plans

  • Expansion: Red Rock Resorts is expected to invest further in the property, potentially adding new amenities and attractions.
  • Strategic Positioning: The company aims to leverage the Palms’ unique appeal to attract a diverse clientele, from high-rollers to young professionals.

The Palms Casino Resort has undergone significant changes in ownership, each bringing new ideas and investments to the table. From the Maloof family’s initial vision to the current ownership under Red Rock Resorts, the resort has continually evolved to maintain its status as a top destination in Las Vegas. As the property continues to grow and adapt, it remains a testament to the dynamic nature of the entertainment and gambling industry.

red rock casino

palms casino resort

Introduction

The Palms Casino Resort is a luxurious gaming destination located in Las Vegas, Nevada. It offers an array of amenities, including upscale rooms, multiple dining options, and an exciting nightlife scene. As one of the most popular casinos on the strip, it attracts visitors from all over the world.

History of the Resort

The Palms Casino Resort has undergone significant transformations since its opening in 2001. Initially owned by Todd Shavell, the property was sold to a new ownership group in 2005. In 2016, the Red Rock Resorts, LLC acquired the resort and invested heavily in renovations, updating the casino floor, adding new restaurants, and introducing an upgraded entertainment venue.

Accommodations

The Palms Casino Resort boasts 704 lavishly designed rooms and suites, catering to various tastes and preferences. Guests can choose from a range of options, including:

  • Luxury Suites: Spacious accommodations with breathtaking views of the surrounding area.
  • Deluxe Rooms: Comfortable spaces with modern amenities for an enjoyable stay.
  • Casino Floor Rooms: Convenient access to the gaming floor and entertainment venues.

Dining Options

The Palms Casino Resort offers a diverse range of dining experiences, including:

  1. Ghost Donkey: A trendy spot serving creative cocktails and delicious Mexican cuisine.
  2. PSCB (Palms Sportsbook & Bar) by Bud Light: A sports enthusiast’s paradise offering an extensive menu and exciting game-day atmosphere.

Entertainment

The Palms Casino Resort is renowned for its vibrant entertainment scene, featuring:

  1. Pearl Theater: An upscale venue hosting live music performances, comedy acts, and other events.
  2. XS Nightclub: A luxurious nightclub providing a world-class experience with top-notch DJs and performers.

Gaming Experience

The Palms Casino Resort offers a wide variety of games, including slots, table games, and a high-limit gaming area. Guests can enjoy:

  • Slot Machines: A vast selection of classic and modern slots.
  • Table Games: Traditional favorites like blackjack, craps, and roulette.
  • High-Limit Gaming Area: Exclusive access to premium games for experienced players.

Conclusion

The Palms Casino Resort is an exceptional destination for those seeking a luxurious gaming experience. With its rich history, upscale amenities, and exciting entertainment options, it remains one of the most popular casinos in Las Vegas.

Related information

red rock resort - FAQs

How does Red Rock Resort compare to other luxury resorts?

Red Rock Resort stands out among luxury resorts with its unique blend of natural beauty and modern amenities. Nestled against the Red Rock Canyon, it offers stunning views and a serene environment. The resort features a world-class spa, multiple dining options, and a casino, catering to diverse tastes. Its spacious rooms and suites provide a comfortable stay, while the attentive service ensures a memorable experience. Compared to other luxury resorts, Red Rock Resort excels in its balance of opulence and nature, making it a top choice for those seeking both relaxation and excitement.

What are the best features of Red Rock Resort?

Red Rock Resort boasts several top-tier features, making it a standout destination. Its luxurious spa offers a serene escape with a variety of treatments, while the expansive casino floor provides endless entertainment options. The resort's dining experiences are exceptional, featuring a range of cuisines from casual to gourmet. Families will appreciate the supervised Kids Quest, ensuring children are well-cared for. The outdoor pool area is a highlight, complete with private cabanas and stunning desert views. Additionally, the resort's proximity to Red Rock Canyon offers guests the chance to explore natural beauty. These features combine to create an unforgettable stay.

Is the Red Rock Hotel worth the stay?

The Red Rock Hotel offers a luxurious stay with its stunning desert views and modern amenities. Guests rave about the spacious rooms, top-notch service, and variety of dining options. The resort's proximity to Red Rock Canyon provides ample opportunities for outdoor adventures. Families appreciate the kid-friendly activities and pools, while couples enjoy the romantic ambiance. However, some visitors note that the resort can be pricey. Overall, the Red Rock Hotel is worth the stay for those seeking a high-end experience with a touch of nature.

What is the best casino for nightlife in Summerlin?

The best casino for nightlife in Summerlin is Red Rock Casino Resort & Spa. Known for its vibrant atmosphere, Red Rock offers a variety of entertainment options including live music, DJ sets, and comedy shows. The casino's nightlife scene is complemented by its stylish bars and lounges, such as Lucky酒吧 and Onyx Bar, which serve premium cocktails and feature panoramic views. Whether you're looking to dance the night away or enjoy a sophisticated evening, Red Rock Casino provides an exciting nightlife experience that caters to all tastes.

What are the best features of Red Rock Resort?

Red Rock Resort boasts several top-tier features, making it a standout destination. Its luxurious spa offers a serene escape with a variety of treatments, while the expansive casino floor provides endless entertainment options. The resort's dining experiences are exceptional, featuring a range of cuisines from casual to gourmet. Families will appreciate the supervised Kids Quest, ensuring children are well-cared for. The outdoor pool area is a highlight, complete with private cabanas and stunning desert views. Additionally, the resort's proximity to Red Rock Canyon offers guests the chance to explore natural beauty. These features combine to create an unforgettable stay.

How does the Red Rock Casino Theater compare to other venues in Las Vegas?

The Red Rock Casino Theater in Las Vegas stands out for its intimate setting and high-quality acoustics, making it a top choice for live performances. Unlike larger venues, it offers a more personal experience, allowing audiences to feel closer to the action. The theater's modern design and state-of-the-art technology ensure an immersive experience, whether you're watching a concert, comedy show, or theatrical production. Additionally, its location within the luxurious Red Rock Casino Resort provides easy access to dining and entertainment options, enhancing the overall visit. This combination of comfort, quality, and convenience sets the Red Rock Casino Theater apart from other venues in Las Vegas.

How does the Summerlin Red Rock Casino compare to other local casinos?

The Summerlin Red Rock Casino stands out among local casinos with its luxurious amenities and diverse entertainment options. Located in the upscale Summerlin area, it offers a high-end gaming experience with a wide range of slots, table games, and a spacious poker room. The resort features multiple dining venues, a lavish spa, and a state-of-the-art fitness center. Its proximity to Red Rock Canyon provides a scenic backdrop, enhancing its appeal. Unlike other local casinos, Red Rock Casino emphasizes a sophisticated atmosphere, making it a preferred destination for both tourists and locals seeking a premium gaming and leisure experience.

What are the best features of Red Rock Resort?

Red Rock Resort boasts several top-tier features, making it a standout destination. Its luxurious spa offers a serene escape with a variety of treatments, while the expansive casino floor provides endless entertainment options. The resort's dining experiences are exceptional, featuring a range of cuisines from casual to gourmet. Families will appreciate the supervised Kids Quest, ensuring children are well-cared for. The outdoor pool area is a highlight, complete with private cabanas and stunning desert views. Additionally, the resort's proximity to Red Rock Canyon offers guests the chance to explore natural beauty. These features combine to create an unforgettable stay.

How does the Red Rock Casino Theater compare to other venues in Las Vegas?

The Red Rock Casino Theater in Las Vegas stands out for its intimate setting and high-quality acoustics, making it a top choice for live performances. Unlike larger venues, it offers a more personal experience, allowing audiences to feel closer to the action. The theater's modern design and state-of-the-art technology ensure an immersive experience, whether you're watching a concert, comedy show, or theatrical production. Additionally, its location within the luxurious Red Rock Casino Resort provides easy access to dining and entertainment options, enhancing the overall visit. This combination of comfort, quality, and convenience sets the Red Rock Casino Theater apart from other venues in Las Vegas.

How does the Summerlin Red Rock Casino compare to other local casinos?

The Summerlin Red Rock Casino stands out among local casinos with its luxurious amenities and diverse entertainment options. Located in the upscale Summerlin area, it offers a high-end gaming experience with a wide range of slots, table games, and a spacious poker room. The resort features multiple dining venues, a lavish spa, and a state-of-the-art fitness center. Its proximity to Red Rock Canyon provides a scenic backdrop, enhancing its appeal. Unlike other local casinos, Red Rock Casino emphasizes a sophisticated atmosphere, making it a preferred destination for both tourists and locals seeking a premium gaming and leisure experience.