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Palms sold to Red Rock/Stations Casinos

Discussion in 'Gaming & Casino Industry' started by DannyOcean, May 10, 2016.

  1. paperposter

    paperposter
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    they
    they built the 2 towers original towers for 1 billion dollars , notsure how the condos fit into the buy out, theres really no more nightlife there and theres no pool scence and place has atracted a urban crowd.

    theve had some problems for the last couple years to say the least. and todd the guy who took over chase out all there high rollers . he didnt want casino players only conventions and rooms rentals.
     
  2. DannyOcean

    DannyOcean
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    Opening the Champagne
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    It does seem like a seriously cheap price, considering that the investment banks bought $400 million in debt as a 98% share back in 2011.
     
  3. Krh2o

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    I'm sure the new owners will class it up.
     
  4. Yankees4ever31

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    Palms has some great VP paytables, hopefully that will stay the same. Red Rock has the best Paytables that I've seen, so I hope that's a good sign.
     

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