Palms Casino Resort is a hotel and casino located near the Las Vegas Strip in Paradise, Nevada. It has 703 rooms and suites and contains casino, recording studio, Michelin-starred restaurant and 2,500-seat concert theater. The Fantasy Tower is also home to several nightlife venues including Moon Nightclub and The View. The tower holds what are known as the Sky Villas and Fantasy Suites, which are some of the most expensive hotel suites in the world. The two story Sky Villa on the top floor, billed at per night, is listed at number 5 on the World's 15 Most Expensive Hotel Suites compiled by CNN Go in March 2012.
History
The Palms project was first developed by the Maloof family in July 1999, during the Fiesta hotel-casino expansion. The casino resort broke ground in July 2000. The project was officially announced by George Maloof on October 24, 2000. Construction was completed on September 26, 2001. The Palms opened on November 15, 2001. Dennis Rodman, Pamela Anderson, Paris Hilton and Samuel L. Jackson attended the opening. 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" billed at $10,000 per night. On October 27, 2005, the second tower, named the "Fantasy Tower", opened at a cost of $600 million. In keeping with George Maloof's basketball interest, the Fantasy Tower includes a two-story, suite that includes the only basketball court in a hotel suite. The suite includes a locker room, scoreboard, and multi-screen entertainment system. Some of the other fantasy rooms include the G suite, the Barbie suite and the King Pin suite. The Palms hit financial trouble in 2010, when it started missing loan payments. Under an agreement reached with creditors TPG Capital and Leonard Green & Partners, they each received a 49% stake in the property in November 2011, in exchange for erasing about $400 million in debt. The Maloof family retains a 2% share, with options to buy back up to 20%, and George Maloof continues to manage the property. In May 2016, Station Casinos agreed to purchase the Palms for $313 million. The company subsequently began a $620 million renovation, and renovated portions of the resort began opening in May 2018. The three-phase renovation project was expected to be finished in late 2019. On April 28, 2018, employees voted in favor to unionize the property by 84% as these vote margins are no longer disclosed to the public. It was organized by the Bartenders Union and the Culinary Workers Union and supervised by the National Labor Relations Board. It is the fifth Station Casinos property to be unionized.
In the media
The casino was shown in Britney Spears's music video for her hit song "Everytime", but it was actually shot in Los Angeles.
It was also shot for a scene in Eminem's music video, "We Made You", in 2009.
In 2009, the Palms Fantasy Tower was the setting for the shooting of Katy Perry's music video "Waking Up in Vegas".
WEC also regularly held events at the Palms with the last event held being WEC 52: Faber vs. Mizugaki on November 11, 2010. The UFC held most of the Ultimate Fighter Finales at the Palms, but as of TUF Season 14, the Finales as of now are held at the Mandalay Bay Events Center or the MGM Grand Garden Arena, with the coaches usually fighting as the main event.
IndyCar holds their annual awards banquet at the resort.
In Nitro Circus episode 3 of season, 1 member of the crew jumped off the building while another member had a tattoo set chosen by a roulette wheel.
MTV Spring Break was filmed at the Palms in March 2011
The Palms hosts The Midsummer Night's Dream Party, which is an annual event that is held at the Palms Casino Resort once a year in August. This event is also held at the Playboy Mansion.
The Palms hosts The Night of the Killer Costumes, which is a major Halloween party that is held at the Palms the Saturday before Halloween each year.
The Palms has hosted the NHL Awards at the Pearl Concert Theater for the last several years.
Jersey Shore spin-off, The Pauly D Project was filmed here, starring Pauly D.
Nightclubs and lounges
KAOS Dayclub & Nightclub - Opened in April 2019. Closed permanently November 6, 2019.
Apex Social Club - Owned and operated by Andy Masi, Ryan Labbe and Jason “JROC” Craig.
Camden Cocktail Lounge
Moon
Ditch Friday's
Rojo Lounge
The View
Rain Nightclub
Rain Nightclub, at the Palms Casino Resort, opened in 2001 by the N9NE Group. The club is or has been known as Rain Las Vegas and Rain in the Desert. Those seen at Rain include Jerry Bruckheimer, Nicky Hilton and David Katzenberg. Rain was the first club to introduce Vegas sky boxes, cabanas and water booths. In 2011 Britney Spears delivered a performance as part of her MTV Special inside the club in celebration of her album release. Rain has hosted many top DJs including in 2010, after a 10-year hiatus from the US, Paul Oakenfold. DJ AM was the host in 2009 until his death.
Events
Following the 2009 National Hockey League's annual award ceremony, a party was hosted at Rain.
Film history
The club was featured in an episode of .
Pearl Concert Theater
The Pearl Concert Theater is a three-level concert venue located within the Palms Resort. The theater currently seats 2,263 but can be expanded up to 2,549 in a general admission configuration. It was opened in March 2007 with a performance by Evanescence. However, the official grand opening took place April 21, 2007, with a concert by Gwen Stefani. In 2017, the venue underwent a four month renovation project to improve the acoustics of the theater and a redesign of the lobby area.
In 2005, Maloof announced a third tower called Palms Place, a residential high-rise built on the west end of the Palms property. The design architect was Jerde Partnership. Residents were allowed to move in on February 29, 2008, with the grand opening on May 31, 2008. In June 2014, Phil Maloof listed his top-floor penthouse at Palms Place for US$38 million, making the residence one of the most expensive apartments in Las Vegas.
