who owns the palms hotel and casino in las vegas

Palms Place was the third and final tower constructed on the west end of the Palms property. The Fantasy Tower also included the world's first Playboy Club to operate since 1988. The tower includes fantasy suites ranging from the Hardwood Suite with a half court basketball court to the Hugh Hefner Sky Villa, a two-story suite modeled after the Playboy Mansion. In October 2005, the second tower named the 'Fantasy Tower' opened on the property at a cost of $600 Million. Unlike previous Real World Houses, the Palms Suite was not decorated with IKEA furnishings. The Palms Suite cost $2 Million to construct and was designed by Sharmila Tankha of the Jerde Partnership, the same firm that designed The Palms. The entire floor had to remain empty for 7 months to accommodate the configuration, including the 4 1/2 months of filming. The Control Room and Production Offices occupied 4 surrounding rooms. The 2,900 square foot Palm Suite was created by demolishing 6 room on the 28th floor.

The Palms opened on Novemand was designed by Jon Jerde, principal of the Jerde Partnership. The money was reinvested into the development of The Palms Casino Resort. In 1994, the Maloof Family purchased the Fiesta Casino in Las Vegas for $8 Million, selling it in 2000 for over $185 million. The resort has 703 rooms and suites and contains a 95,000 square foot casino, recording studio and a 2,500 seat concert theater. The Palms Casino Resort is located west of the Las Vegas Strip.

Who owns the palms hotel and casino in las vegas