The gaming company and tribe announced the deal Tuesday, nearly five years to the day Red Rock Resorts struck a deal to buy the Palms from the Maloof family in 2016 for $312.5 million. Now Red Rock Resorts is selling the Palms to the San Manuel tribe for $650 million, or $40 million less than the company paid to renovate the 700-room, 19-year-old property. (Erik Verduzco / Las Vegas Review-Journal) Palms wasn’t for sale until the San Manuel Band of Mission Indians came calling. The Palms hotel-casino in Las Vegas, Tuesday, May 4, 2021.
