The Maloof family sold Fiesta Rancho to Station Casinos to help pay for the Palms. The first phase of the hotel-casino cost an estimated $275 million. The hotel-casino was owned by the Maloof family at that time. Celebrities like Dennis Rodman, Pamela Anderson, April Hilton and Samuel L.

The Palms opened its doors for the first time on Nov. RELATED: Red Rock Resorts CEO: Palms, 3 other properties likely to stay closed until customer bases return Station Casinos told investors in February that the Palms would reopen when its tourist base returned. Unlike most other properties, it did not reopen. The Palms hotel-casino closed during the statewide shutdown last March. PREVIOUS STORY: KAOS Dayclub ad Nightclub at Palms hotel-casino closed

However, just 7 months later, it’s mega-million day club and nightclub KAOS closed. They spent $690 million in renovations and held a grand reopening in April 2019. LAS VEGAS (KTNV) - Station Casinos brought the Palms hotel-casino from the Maloof family in 2016 for $312.5 million.

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