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Texas Station and Fiesta Rancho resorts have "no known re-opening date"


Shuttered since March 17, 2020, two Station Casinos resorts have officially applied for “non-operational status” and notified the City of North Las Vegas “there is no known re-opening date at this time.”
Beginning June 4, Texas Station and Fiesta Rancho are seeking to place their “non-restricted gaming, non-restricted gaming liquor and full liquor off-sale business licenses” on-hold for a second year, citing Nevada’s “uncertain economic conditions.” The City of North Las Vegas can approve the mothballing for a maximum of two years in a row.
Earlier this month, the Palms, the most upmarket asset in the Stations Casinos’ portfolio, was sold to The San Manuel Band of Mission Indians for $650 million in cash. ....

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Station Casinos sells the Palms to the San Manuel Band of Mission Indians for $650 million


Station Casinos Sells the Palms to the San Manuel Band of Mission Indians for $650 Million
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The San Manuel Band of Mission Indians plans to purchase the off-Strip Palms from Station Casinos for $650 million in cash. The blockbuster deal comes more than a year after the state shut down all nonessential businesses, including casinos, in March 2020 for 78 days to help stop the spread of COVID 19. The resort remained closed even after the state allowed casinos to reopen on June 4, 2020.
The Palms on the west side of the Strip underwent a $690 million renovation that wrapped up more than 10 months before the shutdown. The renovations brought new restaurants from celebrity chefs such as Bobby Flay and his seafood restaurant Shark; Michael Symon’s Mabel’s BBQ and Sara’s, the speakeasy inside it; and the Italian restaurant Vetri Cucina from Philadelphia chef Marc Vetri on the 56th floor of the resort, along with Tim Ho Wan and its menu of Cantonese-style ....

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Fans of the closed Palms have a long wait for its return


Fans of the Closed Palms Have a Long Wait for Its Return
The reopening of four Station Casinos depends on tourism returning and the rollout of the COVID-19 vaccine
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Four casinos owned by Station Casinos remain closed, and now CEO Frank Fertitta III says the Palms, Texas Station, Fiesta Henderson, and Fiesta Rancho will remain closed until tourism returns. Last March, the state shut down all nonessential businesses, including casinos, for 78 days to help stop the spread of COVID 19. On June 4, casinos statewide could reopen, but those four stayed shut.
The Palms on the west side of the Strip underwent a $690 million renovation that wrapped up more than 10 months before the shutdown. The renovations brought new restaurants from celebrity chefs such as Bobby Flay and his seafood restaurant Shark; Michael Symon’s Mabel’s BBQ and Sara’s, the speakeasy inside it; and the Italian restaurant Vetri Cucina from Philadelphia chef Marc Vetri on the 56th ....

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