broke the story<\/a>.<\/p>\nStarting to see a pattern here? Not with these executive moves, our breaking every Las Vegas story, ever. Please stay focused.<\/p>\n
Anyhoo, not everything has to be about us, probably.<\/p>\n
Steve Thayer takes the reins of Palms on Sep. 16, 2024.<\/p>\n
Thayer has been in the casino and hospitality industry for decades. He was with Caesars Entertainment for 15 years at casinos in Las Vegas and Atlantic City (motto: “Exactly like Las Vegas, except for the pretty much everything”), as well as Wyndham International, which doesn’t have casinos, so why even put that on a resume if you ask us?<\/p>\nThayer is a native of Delaware, a state we just learned has more chickens than people.<\/figcaption><\/figure>\nPalms is owned and operated by the San Manuel tribe. Working with or for a Native American tribe is, well, different.<\/p>\n
The news of Thayer’s new gig was announced via news release from the San Manuel Gaming and Hospitality Authority (SMGHA). This cabal (technically, a “governmental instrumentality”) was created so tribal leaders wouldn’t get the same scrutiny other casino operators are subjected to. Nothing to see here!<\/p>\n
Palms and Strat have a lot of similarities, so Thayer should be in his element. Both casinos cater to a mix of tourists and locals, for starters.<\/p>\n
Expectations are modest for Palms, for the most part. The resort makes about $30 million EBITDA (earnings before interest, taxes, depreciation and amortization) a year, modest by Strip standards.<\/p>\n
Palms was a way of the tribe dipping its toes into the Las Vegas market and to give its southern California players a perk. The tribe’s California casino, which prints money, was rebranded from San Manuel Casino to Yaamava’ Resort & Casino, just to make life interesting for their marketing team. And don’t get us started about that random-ass apostrophe. What purpose does that apostrophe serve other than trying to annoy bloggers? It is a prank? Payback for that whole colonial genocide thing? Tribal casinos are exempt from U.S. taxes. So, bygones!<\/p>\n
Oh, go cancel yourself, you big baby.<\/p>\n
Actually, Yaamava, with or without the apostrophe is very popular and was recently voted the best casino<\/a> not in Las Vegas. Which is like saying you’re the best Pope outside of the Vatican. All other Popes are invalid. Since we’re already canceled, we can say anything we want.<\/p>\nYou can tell these USA Today polls are legit, because Palms was voted best Las Vegas casino<\/a>. There are lots of ways to define “best,” and it’s very subjective, but there is literally no definition where Palms is the best casino in Las Vegas, all due respect. It’s a perfectly fine resort. It’s just not the best of anything. The USA Today description for Palms says, “Palms Casino Resort is known for serving as the setting of MTV’s 2002 season of ‘The Real World,’ as well as a conga line of celebrities who like to party.” When you’re known for being on a TV show nearly a quarter century ago, it’s probably time to shake things up a bit.<\/p>\nRecently, Palms has been overshadowed by the massive investment being made across the street at Rio.<\/p>\n
We used to love Palms, but then they started using all lower case in their Tweets, so we started feuding and we blocked them and they blocked us back, so it’s a whole thing.<\/p>\n
Palms has a long and glorious history which we aren’t going to get into here because we are very busy scheduling a tour to promote our new hit song.<\/p>\n