Station casinos owns the palms11/24/2023 ![]() The property also boasts 599 AAA Four Diamond award-winning condos, 15 eateries, including the award winning N9NE Steakhouse and Nova Italiano, a nightclub, a 2,500 seat Theater, a luxury spa, a 14 screen Theaters with an IMAX movieplex and 60,000 square feet of meeting and convention space. ![]() The Palms Casino Resort has 710 hotel rooms in its two towers with 85 suites and 19 penthouses, a 95,000 square foot casino with 1,250 slots, 48 table games and a race and sportsbook. The hybrid facility, houses both a casino hotel and residential apartments. Located directly across I-15 from the core of the Las Vegas Strip, Palms Casino Resort Las Vegas has become a popular destination for young Hollywood actors and celebrities. Red Rock Resorts Inc., a publicly traded holding company owns a portion of their shares. Station Casinos is one of the Las Vegas Market leaders the company acquires sites, where, with the right permits, new casinos are built however with the availability of such locations dwindling in Las Vegas, Station Casinos have now branched out into managing casinos they do not own on top of their original business. Station Casinos, the gaming company was founded by Ferrtita brother, Frank Ferrtita. It was announced this week that Station Casinos, owned by Red Rock Resorts is to acquire the Palms Casino Resort in Las Vegas, Nevada for total cash consideration of USD 312 million. ![]()
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