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The tribe’s ownership has opened up opportunities for innovation and growth, positioning the Palms as a competitive player in the ever-evolving Las Vegas gaming landscape. As of now, the Palms Casino Resort is owned by the San Manuel Band of Mission Indians, marking a new era in its history. With a focus on cultural integration, community engagement, and modern amenities, the San Manuel Band is poised to redefine the Palms experience for both locals and visitors alike.
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The San Manuel Band of Mission Indians, based in California, is known for its successful management of the San Manuel Casino, which has been in operation since 1986. The tribe’s decision to acquire the Palms was driven by its desire to expand its gaming operations and establish a presence in the Las Vegas market. Following the acquisition, the San Manuel Band announced plans for extensive renovations and the introduction of new gaming and entertainment options to revitalize the property and attract a diverse clientele.
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In a strategic move, Station Casinos decided to sell the Palms to the San Manuel Band of Mission Indians in March 2021 for around $650 million. Under the ownership of Station Casinos, the Palms underwent significant renovations and rebranding efforts to enhance its appeal and modernize its facilities. However, in 2020, the property was temporarily closed due to the COVID-19 pandemic, leading to a challenging financial situation for the resort. This acquisition marked a significant milestone, as it was one of the first times a Native American tribe owned a casino on the Las Vegas Strip.