In Las Vegas and Red Rock Resorts Incorporated has reportedly agreed to sell its Palms Casino Resort property to the San Manuel Gaming and Hospitality Authority arm of the federally-recognized San Manuel Band of Mission Indians.
According to a report from the Las Vegas Review-Journal newspaper, the agreement for an undisclosed amount is expected to close later in the year to see the 700-room venue become the Nevada city’s second tribal casino following the recent opening by Mohegan Gaming and Entertainment of the nearby Mohegan Sun Casino at Virgin Hotels Las Vegas development.
Prominent property:
The newspaper reported that the Palms Casino Resort, which sits on 30 acres of land just west of the world-renowned Las Vegas Stri…