Palms Casino Resort

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Facts and statistics
Palms Casino Resort



Address	4321 Flamingo Road Las Vegas, Nevada 89103
Opening date	November 15, 2001
Casino type	Land-Based
Owner	Maloof family
No. of rooms	702
Years renovated	2005
Website	http://www.palms.com/

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 is 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.

1 History
2 Palms Place
3 Trivia
4 References
5 External links

[edit] 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 The Real World: Las Vegas 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.

[edit] 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. On May 31st, 2008 there was the grand opening night that marked the latest addition to the Palms Casino Resort, as Palms Place is a multi-million dollar, 47-story hotel, condominium, hotel, and spa.