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Raining MGM Mlife Comps, Caesars Shuttering a Brand & Palms Las Vegas Sold at a HUGE Loss!

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Palms Las Vegas Sold

MtM Vegas – The Palms Las Vegas Sold

On this week’s MtM Vegas we have so much to talk about including the landmark sale of The Palms and Caesars shuttering their newest brand. Before we dive in don’t forget to subscribe to the Miles to Memories YouTube channel to see every episode plus our Vegas reviews, guides and tours!

This Week’s MtM Vegas

This week we learned that The Palms is selling to the San Manuel Band of Mission Indians for $650 million. Their previous owner is losing hundreds of millions of dollars, but this means one of Vegas’ longest shuttered properties will be returning. Not returning or at least going away is the William Hill sports book name. Caesars just bought it and is already re-branding.

In other news pop-up bars are in and Ellis Island and the Vegas Golden Knights each have one. A new bar is also coming to the Vegas Strip with a rooftop pool and we have noticed more MGM/Mlife comps coming our way. It’s too bad Caesars is being comp stingy, but make sure to check your Mlife accounts and don’t forget to look for offers on social media. 

Palms Las Vegas Sold – Bottom Line

While I had thought the Seminole Tribe was going to buy Palms to convert to Hard Rock this is a nice alternative. I believe the Palms brand will live on and the property is stunning following the renovations. It truly is one of Vegas’ best hotel/casinos and I’m glad to hear it will be reopening.

What do you think?

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Shawn Coomer
Shawn Coomer
Shawn Coomer earns and burns millions of miles/points per year circling the globe with his family. An expert at accumulating travel rewards, he founded Miles to Memories to help others achieve their travel goals for pennies on the dollar. Shawn also runs a million dollar reselling business, knows Vegas better than most and loves to spend his time at the 12 Disney parks across the world.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.


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