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The Underwhelming Sale of Palms Resort Casino

Is it just us or does it seem that hotels are being bought and sold like hot cakes lately? In yet another acquisition today, Palms Casino Resort in Las Vegas has been purchased by Station Casinos, an entity under parent company Red Rock Resorts, Inc. Paying $312.5 million in cash, the transaction is expected to close during the third quarter of 2016.

Nicolle Monico

Nicolle is an award-winning writer and Travel Editor using her expertise in the industry to write about luxury travel around the world. You can find her daily searching the web for the latest trends, best new hotels and most beautiful destinations to visit and share with her readers. She's been featured on The Huffington Post, Hard Assets, AMD Entertainment and Remy Martin. In 2014, she was vo...(Read More)

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