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The Palms Casino Resort in Las Vegas has been one of the few hotels to remain closed throughout the pandemic.
The San Manuel Band of Mission Indians is buying the Palms Casino Resort in Las Vegas from Red Rock Resorts for $650 million in cash, the tribe and Red Rock announced today.
The deal, subject to regulatory approvals and other conditions, is expected to be completed this year.
The hotel-casino, which closed in March 2020 amid the pandemic shutdown, was among the few in Las Vegas not to reopen. Reopening would also be contingent on the tribe receiving a Nevada gaming license.
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