11/14/2023 0 Comments Kim palace station casinoHe says buying existing properties is one way to do that. He says since Station Casinos recently went public again as Red Rock Resorts, public companies have an obligation to expand and increase their earnings. The buy narrows down the dominant players in the Las Vegas locals gaming market to Station Casinos and Boyd Gaming, which also made multiple other acquisition announcements recently.ĭavid Schwartz, the Director of UNLV's Center for Gaming Research, says he's not surprised by the announcement. The definitive agreement with the Palms Casino Resort will go for a total considered sale of $312.5 million. LAS VEGAS (KSNV News3LV) - Station Casinos parent company, Red Rock Resorts, announced Tuesday it will buy the Palms Casino Resort.
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