Everything about The Palms Casino Resort totally explained
The
Palms Casino Resort, also known simply as the
Palms, is a
resort located west of the
Las Vegas Strip. The hotel has 702 rooms and contains a 95,000 square foot casino, a recording studio and a 2,200 seat showroom and is majority owned and operated by the
Maloof family, with 5% ownership by
The Greenspun Corporation.
Despite the fact that it's located off the Strip, the resort has become a popular destination for many, especially with the younger crowd and Hollywood celebrities. The Palms competes for market share with
Hard Rock Hotel & Casino, another off-strip resort aimed toward the 21-30 demographic. Both resorts are styled in a
Neo-retro fashion.
History
The Palms opened on
November 15,
2001 and was designed by
Jon Jerde.
In 2002, it was the resort where participants of
MTV's stayed. The level they rebuilt to accommodate MTV is now the "Real World Suite" and is available for reservations.
In October of 2005, the second tower, dubbed the "Fantasy Tower", opened at a cost of $600 million. In keeping with the Maloof family's
basketball interest (they own the
Sacramento Kings of the
NBA and
Sacramento Monarchs of the
WNBA), the new tower includes a two-story, 10,000-square-foot suite that includes the world's only basketball court in a hotel suite. The suite includes a locker room, score board and a multi-screen entertainment system. Some of the other Fantasy rooms include the G suite, the Pink suite, and the Playboy Villa.
The Fantasy tower is also home to two of Las Vegas's newest entertainment venues, Moon Nightclub and The Playboy Club.
The Palms hosted the 2007
MTV Video Music Awards on
September 9,
2007.
Palms Place
Maloof announced a third tower called
Palms Place to be built on the west end of the Palms property and would be a condo. All of the condos sold out within three months. Construction on this third and final tower has been completed. Residents were allowed to move in on
February 29,
2008.
Trivia
The Palms Hotel has a
McDonald's in its food court on the casino floor.
Further Information
Get more info on 'Palms Casino Resort'.
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