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PALMS REOPENS AGAIN- (Latest Update on The Palms since the filming of this video.) April 2022 - Palms has undergone several highs and lows since it opened nearly 20 years ago. The resort, originally developed by the Maloof family, went through financial trouble before Station Casinos agreed to purchase it in 2016. On Dec of 2021, Station Casinos sold the Palms Casino Resort in Las Vegas to the San Manuel Band of Mission Indians for $650 million in cash. With new ownership under San Manuel, Palms will be the first Las Vegas property to be owned and operated by a Native American tribe. (A Native American tribe runs Virgin Hotels Las Vegas' Mohegan Sun Casino, but the resort is owned by Virgin Hotels and partners.) A recent makeover worth more than $600 million allowed San Manuel to leave much of the property's decor untouched, but Kiser Murphey said guests can still expect to find upgrades. A refreshed casino floor will have a new slot and table game layout (think "pods" of slots that allow guests to chat while playing alongside friends as opposed to rows of machines, Kiser Murphey said), as well as new machines. The sportsbook will also be "completely refreshed." Players looking to earn rewards will need to join the property's new rewards program, Club Serrano. The loyalty program is also in place at the Yaamava' resort and casino, another property run by San Manuel roughly 3½ hours away in Highland, California. Many of the intricacies Palms is known for will remain. This includes the property's nine themed suites (the Hardwood suite offers a personal basketball court, and the cinema suite comes with its own 98-inch screen) and an eye-catching piece of contemporary artwork from Damien Hirst at Unknown Bar: a 13-foot-long tiger shark divided into three parts within a steel tank. "(The shark is) right here waiting for everyone to come back," Kiser Murphey said. ~ Bailey Schulz USA TODAY FOLLOW US ON INSTAGRAM 👉🏼https://www.instagram.com/paul_r_letsgovideo/ Please SUBSCRIBE👉🏼 https://youtube.com/c/LetsGoVideo, like and share. Be the FIRST to get our newest videos CLICK the BELL icon!

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Crown Resorts is a 33% chance and shrinking of retaining its casino license for flagship casino Crown Melbourne, according to former CEO and Executive Commissioner of Victoria’s state gaming regulator, Peter Cohen. Cohen speaks with Inside Asian Gaming in the wake of this week’s final submissions by Adrian Finanzio, General Counsel assisting Victoria’s Royal Commission into Crown Resorts, who recommended a finding of unsuitability for Crown. Cohen said it was looking increasingly unlikely that Crown would emerge without its casino license being either suspended or revoked. “Based on what we know in the public domain I suspect [the odds are] one third outright cancellation, one third suspension for a period of maybe 6 to 12 months – or indefinite until the regulator is satisfied that the manager has reformed Crown – and one third Crown being allowed to continue with some conditions,” he said. “And that last option continues to shrink in my mind, because that’s the equivalent of giving Crown a second chance and they’ve already had their second chance after the [NSW] Bergin inquiry, so they are really on their third chance. In this extensive interview exploring all possible outcomes of the Royal Commission ahead of Crown’s final submissions on 3 August, Cohen also suggests there was no better time than now for Crown Executive Chairman Helen Coonan to step aside given General Counsel’s recommendation that she be found unsuitable to be an associate of Crown. However, should the company lose its casino license, Cohen said suspension may be a preferable option than revocation. “The reason I think suspension is [preferable to] cancellation is to do with the ongoing operation of the casino,” he said. “It will be much easier for a [temporary] manager to operate that casino – which is an island surrounded by Crown assets – if Crown knows it is a chance of getting that license back.” Cohen explained that it will be the casino regulator itself, the VCGLR, which will be tasked with final say on Crown’s fate, not the Victorian government. When asked about the Royal Commission’s likely findings given the Counsel Assisting's recommendations of cancellation or suspension of Crown's license, Cohen said, “It’s very much an exercise in educated guessing but what we do know is that Royal Commissions historically tend to support what counsel assisting tells the commissioner in closing submissions. “What Adrian Finanzio has done here is given the Commissioner two options. He has said it is open for you to find that Crown is unsuitable to be licensed and also open to find that Crown continues to be unsuitable but with a potential future where a regulator can find them suitable but with some changes necessary.” Timestamps 00:24 Introduction about Crown 02:27 Peter Cohen explains his roles with the Victorian Casino regulator from 1996 to 2010 03:53 Peter explain what he thinks will happen to Crown now 05:31 Whether Crown loses it's license or not is up to the regulator 08:29 Peter explains the options the regulator has 09:18 The regulator can appoint a manager to run the casino and Crown would not operate it 10:34 Who could be the manager? 13:28 How much State government revenue comes from Crown? 15:30 What's to stop Crown overcharging a manager for hotels, F&B and other non-gaming? 17:27 Bad Crown 1993-2001, Good Crown 2001-2014, Bad Crown 2014-now 24:18 Did Crown simply ignore the regulator? 26:46 Was the regulator crippled by the Victorian government for Crown's benefit? 28:40 Can the people of Victoria have confidence in the regulator right now? 32:00 Could Victoria decide follow what NSW is doing with Crown Sydney? 35:41 How would you rate the probabilities of license cancellation or suspension? 37:33 Peter explains why he thinks suspension is better than cancellation 42:11 Is Crown simply an irredeemable organisation? 43:35 "If I am a shareholder in Crown, I'm asking why is Helen Coonan still there?" 45:46 If Finkelstein recommended cancelling the license, and you were the regulator, would you cancel the license? 46:48 This matter may end up in the Supreme Court 49:10 I think we have to see Helen Coonan gone before the end of August 50:14 In my view she should go tomorrow, the earlier the better 51:42 Crown could be losing their license in January 53:13 Is this the downfall of the Packer empire?

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Catch up on this week's biggest gambling news! France is on the verge of launching online casinos with a proposed 55.6% tax on gross gaming revenue. A lucky Bedford player hits a £4.3M jackpot on Deal or No Deal! And BetMGM expands to Sweden, marking its third entry into Europe. Stay tuned for more updates every week! Casino Guru News: https://casino.guru/news LinkedIn: https://www.linkedin.com/company/92874434 #Shorts #short #shortsvideo #shortvideo #GamblingNews #Jackpot #OnlineCasinos #BetMGM #France #Sweden #LuckyWinner

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