Perhaps billionaire brothers Frank III and Lorenzo Fertitta, who control a majority stake in Station Casinos and Red Rock, are under that belief, too. If a MLB ballpark were to be built where the Rio stands, the Palms would be located just west of the venue across Flamingo Road.<\/p>\n
\nThere’s been a spike in investor interest in parcels around Rio. The speculation part: If an MLB ballpark plan is in the works, it’s an ‘Aha’ moment for why Stations has invested so much in Palms when it can’t possibly recoup the investment\u2014unless they know something we don’t,” Roeben tweeted.<\/p>\n<\/blockquote>\n
Las Vegas landed its first “big four” professional sports franchise with the NHL Golden Knights. The NFL Raiders will come to Sin City in 2020, and MGM Resorts CEO Jim Murren predicts there’s a good chance an NBA team will arrive soon.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Palms Las Vegas renovation budget seems to have no cap, as Red Rock Resorts announced during the company’s third quarter call that the price tag to overhaul the off-Strip property is once again increasing. In February, Red Rock explained it was upping the renovation cost from $485 million to $620 million in order to […]<\/p>\n","protected":false},"author":25,"featured_media":92160,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,1],"tags":[],"acf":[],"yoast_head":"\n
Palms Renovation Cost Increases Again, Red Rock Spending $690M<\/title>\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