Nevada Regulators Allow San Manuel Tribe to Purchase Palms

San Manuel Gaming and Hospitality Authority, the gambling and hospitality division of California’s San Manuel Band of Mission Indians, has received approval from the Nevada Gaming Commission as the licensee of the Palms Casino Resort in Las Vegas, which the tribe announced on Thursday last week.

The Tribal Nation described the Gaming Commission’s decision as “historic” in allowing San Manuel to take over ownership of Palms. The purchase of Palms is now due to close on Friday, and the tribe has announced plans to “resume trading next spring” by March.

The tribe was unanimously approved by the gaming commission. San Manuel Gaming and Hospitality Authority intends to purchase this place from Red Rock Resorts for $650 million. It will be the first American Indian-owned enterprise to own and operate a casino resort in Las Vegas.

“We are grateful for this opportunity to share our long tradition of hospitality with Las Vegas and realize our vision of this iconic resort, starting with the return of former and current Palms employees,” said SMGHA Chairman Latisha Casas. “Together we will create history.”

According to tribal representatives, a slight improvement in major repairs is required before the reopening, as the previous owner spent about $1 billion to repair real estate outside the strip. According to the new CEO of Palms, Cynthia Kiser Murphy, only a few minor updates are enough to “light up a building” that has not had people for several years.

Following this announcement, recruitment is currently underway for more than 1,000 positions, including casino jobs, hotel management, food and beverage, and executive positions. Interested parties will be allowed to apply after the transaction is closed on the casino website.

Although Murphy stated that the company intended to hire back many of the 1,200 former Palms employees who have been laid off since March 2020, she admitted to the Gambling Commission that she was not sure how many of them could be rehired, according to The Nevada Independent, “given the current labor market conditions in Las Vegas.” However, according to her estimates, 500 to 600 people can return.

In addition to the casino, Palms includes more than 700 hotel rooms and suites, several casual and upscale restaurants, conference rooms, a 2,500-seat theater, a swimming pool and spa, and Palms Place condominiums.

Guests will be able to make a reservation at Palms Place “within a few days after closing the deal” on the institution’s web page. However, booking rooms at the Palms Casino Resort will be available “in early 2022.”

“It is a great honor for me to reach this milestone today. As we move forward, it’s important that we bring strong Tribal values and culture to everything we do at the hotel,” Kiser Murphy said. “From the culture of team members to impeccable guest service, our goal is to create a lively and fun atmosphere not only for customers, but also for our dedicated employees.”

The tribe owns and operates the Yaamava Resort and Casino in San Manuel in Highland, California. This institution with a changed brand, formerly known as San Manuel Casino, began its work 35 years ago as a bingo hall. Now it has become one of the best places for gaming and hospitality in Southern California.

Source: Yogonet

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