As the San Manuel Band of Mission Indians takes the helm, the Palms is poised for legionbet review a new chapter in its storied history, with potential growth and enhancements that could redefine its place in the competitive Las Vegas market. Each ownership change has brought different strategies and visions for the property, and the future of the Palms looks promising under its new tribal ownership. In summary, the ownership of the Palms Casino Resort has transitioned from the Maloof family to Station Casinos, and most recently to the San Manuel Band of Mission Indians.
The San Manuel Band of Mission Indians is known for its successful operation of the San Manuel Casino in Southern California and has been looking to expand its footprint in the gaming industry. In 2021, the Palms was sold once again, this time to the San Manuel Band of Mission Indians, a federally recognized tribe based in California. The acquisition, valued at approximately $650 million, marked a significant milestone as it was one of the first times a Native American tribe acquired a major casino property on the Las Vegas Strip.
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