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 resort remained closed even after the state allowed casinos to reopen on June 4, 2020. 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 San Manuel Band of Mission Indians plans to purchase the off-Strip Palms from Station Casinos for $650 million in cash.
