![]() Under an agreement reached with creditors TPG Capital and Leonard Green & Partners, they each received a 49% stake in the property in November 2011, in exchange for erasing about $400 million in debt. The Palms hit financial trouble in 2010, when it started missing loan payments. Some of the other fantasy rooms include the G suite, the Barbie suite and the King Pin suite. The suite includes a locker room, scoreboard, and multi-screen entertainment system. In keeping with George Maloof's basketball interest (the Maloofs were majority owners of the NBA's Sacramento Kings), the Fantasy Tower includes a two-story, 10,000 sq ft (930 m 2 ) suite that includes the only basketball court in a hotel suite. On October 27, 2005, the second tower, named the "Fantasy Tower", opened at a cost of $600 million. The level they rebuilt to accommodate MTV is now the "Real World Suite" billed at $10,000 per night. In 2002, it was the resort where participants of MTV's The Real World: Las Vegas stayed. Dennis Rodman, Pamela Anderson, Paris Hilton and Samuel L. Construction was completed on September 26, 2001. The project was officially announced by George Maloof on October 24, 2000. The casino resort broke ground in July 2000. ![]() The Palms project was first developed by the Maloof family in July 1999, during the Fiesta hotel-casino expansion.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |