This week’s installment of Inside Gaming reports on another big acquisition in Las Vegas, this one involving the Palms Casino Resort, a complaint being filed against a sportsbook operator for various violations, and another casino deal falling through in South Africa.
Red Rock Resorts Purchases the Palms for $312.5 million
Red Rock Resorts Inc. has announced that a subsidiary of its Station Casinos LLC has finalized a deal to acquire the Palms Casino Resort located off the strip in Las Vegas, reports VEGASINC. Red Rock Resorts is the new corporate name of Station Casinos, the appellation taken on for the company’s initial public offering in late April.