At the time of the acquisition, Red Rock\u2019s executive vice president, chief financial officer and treasurer, Marc Falcone, praised the Palms\u2019 \u201cappeal to both Las Vegas residents and tourists alike.\u201d<\/strong><\/p>\n<\/div>\nHe noted it was a \u201chybrid gaming property that is uniquely positioned to benefit from the strong economic trends in Southern Nevada and record visitation levels in Las Vegas.\u201d<\/p>\n
Likewise, Ryan Labbe of Clinique Hospitality, the brains behind the Palms new nightlife offerings, said they were aiming for a bigger local following than Strip venues.<\/p>\n
\u201cIf locals aren\u2019t talking about it, why would somebody coming in from out of town want to experience it?\u201d Labbe asked Las Vegas Weekly last month. \u201cLocals always have been and always will be a vital part of our business at every venue.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The familiar Palms marquee sign on Flamingo Road off the Las Vegas Strip is no more. On Tuesday, the 14-foot letters were removed by a 120-foot crane, as part of ongoing $450 million renovations to the Palms Casino Resort by new owner Red Rock Resorts, the Station Casinos parent. The old-school \u201cmessage board,\u201d style sign, […]<\/p>\n","protected":false},"author":42,"featured_media":70002,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18],"tags":[],"acf":[],"yoast_head":"\n
Palms Marquee Signage Comes Down in $485 Million Revamp<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n