Industry watchers say the property - recently sold to the San Manuel Band of Mission Indians for $650 million - is still capable of creating future success stories. It is one of the few Las Vegas properties yet to reopen 14 months after orders to shut down to help curb the spread of the coronavirus. Nearly 20 years later, the property sits in the dark. And through all of the flashy amenities meant to convince tourists to venture off-Strip, it was also able to successfully draw in locals. It had a partnership with an MTV’s “The Real World,” over-the-top suites with bowling alleys and basketball courts, trendy clubs where guests could rub shoulders with celebrities.
The property was a trailblazer, pioneering new operational and marketing techniques. (Chase Stevens/Las Vegas Review-Journal) 2001, the Palms was making waves as Las Vegas’ newest hot spot. Bottles of champagne are delivered to a table in the nightclub area during the grand opening weekend of Kaos, the new dayclub and nightclub at the Palms, in Las Vegas on Friday, April 5, 2019.