Palms Casino Resort finally reopened in April of this year, under the ownership of the San Manuel Band of Mission Indians, who bought the property from Station Casinos for $650 million. Sisolak allowed casinos to reopen on June 4 of 2020, and Station Casinos brought back all but those four resorts with limited amenities. “We don’t know if, or when, we’re going to reopen any of the closed properties,” Fertitta told investors during that call.
During the company’s earnings call, chairman and CEO of Station’s parent company Red Rock Resorts Frank Fertitta III, told investors that the coronavirus pandemic painted an uncertain future for the Palms, Fiesta Rancho, Texas Station in North Las Vegas, and Fiesta Henderson.
In August 2020, executives at Station Casinos had said that four of its local casinos had no reopening timeline. Steve Sisolak’s order that all nonessential businesses shutter to prevent the spread of COVID-19, in March 2020. The three casinos never reopened following Gov. Red Rock Resorts, the corporate owner of Texas Station, Fiesta Rancho, and Fiesta Henderson, said the trio of properties will close permanently and will be demolished to reposition the land for sale. Three Station Casinos in Southern Nevada that cater to locals are slated for demolition.
