Palms Casino Owners

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Maloof
Current regionWestern United States
Earlier spellingsMaalouf
MembersGeorge J. Maloof Sr., Adrienne Maloof, George J. Maloof Jr.
DistinctionsEntertainment industry
  1. Palms Casino Movie Theater
  2. Palms Casino Map
  3. Palms Casino Closing
  4. Palms Casino Pauly D
  5. Owners Of Palms Casino Las Vegas

May 20, 2020 Red Rock is the parent company of Station Casinos. Those properties include Boulder Station, Green Valley Ranch Resort, Palace Station, Red Rock Resort, Santa Fe, Sunset Station – most of which. Comment from Mikhail H. Of Palms Casino Resort. 1/27/2020 We absolutely love hearing guest experiences like this. Our concierge team loves assisting our guests in having absolutely amazing times while here. We are glad they made such a difference in your stay. Thank you for staying with us and sharing this great review. The Palms was sold by investment bankers TPG Capital and Leonard Green & Partners LP, the majority owners, each with 49 percent stakes. Bloomberg reported in March that the property's owners had.

The Maloof family is a prominent American family based in Las Vegas, Nevada, who are owners of numerous business properties in the Western United States. The origin of the family name is Maalouf and is of Lebanese descent via their paternal grandfather.

Originally from New Mexico, the family's success began with the distribution rights for Coors Beer in the Southwest region of the US in 1937. The Maloofs were the owners of the Sacramento Kings of the National Basketball Association (NBA) from 1998 until 2013 and are minority owners of the Vegas Golden Knights of the National Hockey League (NHL). Notable family members include George J. Maloof Sr., Adrienne Maloof, and George J. Maloof Jr.

Sports[edit]

The family owned a sports franchise in the Sacramento, California market, the NBA's Sacramento Kings, from 1998 until 2013. In 2013 the family sold the 65% of the team they owned for $347 million to a Sacramento group, led by Vivek Ranadive, which was committed to building a new arena in downtown Sacramento that had previously been rebuked by the Maloofs.[1] The Maloofs had acquired a minority interest in the Kings in 1998 and took majority control the following year, with Joe and Gavin operating the franchise. As part of the purchase of the Kings, they also acquired the team's sister franchise in the WNBA, the Sacramento Monarchs. The Maloofs operated the Monarchs until 2009, when the WNBA was unable to find a new owner and the team folded. Prior to the sale of the team, a previous deal had been reached to sell the Kings to Microsoft CEO Steve Ballmer and investor Chris Hansen, who had hoped to move the team to Seattle. This sale was nullified on May 15, 2013, when the NBA Board of Governors denied the relocation in a vote of 22-8.[2] The Maloof family also briefly owned the Houston Rockets from 1979-1982. The Rockets made the NBA Finals in 1981. The team was sold to Charlie Thomas in 1982. The Maloofs are also the minority owners of the Vegas Golden Knights of the NHL, who made it to the Stanley Cup Finals in their inaugural season.

Las Vegas[edit]

Palms Casino Resort

In 1994, the Maloof family opened the Fiesta Rancho hotel-casino in North Las Vegas, and sold it in 2000 for over $185 million. The money was reinvested into the creation of the Palms Casino Resort hotel and casino.

The Maloofs sold their beer distribution in an unsuccessful attempt to save the Palms and Palms Towers. In 2011 a restructuring gave private equity firms TPG Capital and Leonard Green & Partners each a 49% share, leaving the Maloofs with 2% ownership.[3]

Maloof Productions[edit]

The Maloofs have expanded their business ventures into entertainment with the creation of Maloof Productions. Through its television division, Maloof Television, they have produced the reality series Bullrun for Spike TV[4] in 2007, Speed Channel[5] in 2009, and Living Lohan, the E! reality series running in 2008.[6] In 2008 the family was developing Rebuilding the Kingdom with reality television producer Mark Burnett.[7] The film division, Maloof Motion Pictures, produced the 2005 film Feast and as of 2007 was developing The Big Bizarro, starring Pierce Brosnan.[8]

Skateboarding[edit]

Joe Maloof in San Diego promoting the Maloof Money Cup

Founded in 2008 by Joe and Gavin Maloof, the Maloof Money Cup is a competition for both professional and amateur skateboarders. The Orange County, US, dates of the contest series include the US Pro Men's and Women's Street Championships, the US Pro Vert Championships, and the Maloof Money Cup AM Championships.

A spring New York date and a fall (autumn) South Africa date were added in 2010 and 2011, respectively. In 2012, the Maloofs have focused on the South African event, entitled the Maloof Money Cup World Skateboarding Championships, and canceled the Orange County event due to logistical issues.[9]

The Maloof family is also one of the main sponsors of the game Skate 3 offering a slew of different competitions

Family members[edit]

The family consists of George J. Maloof, Sr. deceased, and now headed by his wife Colleen, followed by their children:

  • Joe Maloof (born November 15, 1955)
  • Gavin Maloof (born October 9, 1956)
  • Adrienne Maloof (born September 1, 1961)
  • George J. Maloof, Jr. (born September 2, 1964)
  • Phillip Maloof (born May 16, 1967). A New Mexico state senator in the late 1990s, ran unsuccessfully against Heather Wilson for New Mexico's 1st congressional district in 1998.

Albert Maloof Sr., a cousin of George J. Maloof, Sr., is best known for his distribution empire in the Southeastern United States.

In popular culture[edit]

  • The Maloofs sponsor skateboard video game competitions in Skate 3
  • The Maloofs frequently appeared on the television show, Las Vegas.
  • Phil Maloof owns the console of the Barton organ installed at Chicago Stadium.
  • The Maloof brothers made a cameo in Lil Wayne's music video 'Lollipop', which was filmed at Gavin Maloof's multimillion-dollar mansion in the Southern Highlands Golf Club, Las Vegas.
  • They also make an appearance in Ludacris' music video, 'What Them Girls Like'.
  • On March 28, 2010, Gavin appeared as a guest judge on Celebrity Apprentice 3, filling in for Ivanka Trump.
  • George Maloof Jr. made several appearances on 'The Girls Next Door' starring Hugh Hefner, Holly Madison, Bridget Marquardt, and Kendra Wilkinson.
  • Adrienne Maloof appeared in Bravo's The Real Housewives of Beverly Hills.[10]

Criticisms[edit]

The Maloof family, especially Joe and Gavin, were under heavy fire in 2006 when they proposed building a new basketball arena in downtown Sacramento and were able to put a tax increase proposal on the fall election ballots. They wanted the taxpayers to pay for the majority of the arena instead of paying for it themselves. The proposal involved a quarter-cent sales tax hike aimed at raising $1.2 billion over the next 15 years. The city was divided between those who supported it and those who disapproved of it. There were rumors that the Maloofs were threatening to move both the Sacramento Kings and the Sacramento Monarchs to Las Vegas if they did not get a new arena. In November, voters overwhelmingly voted against the proposal.[11]

A proposal to build a new arena at Cal Expo (the State Fairgrounds) which would include an upgrade to the fairgrounds as well as retail and housing developments was presented and accepted by the Cal Expo Board of Directors on February 27, 2009 but fell apart soon after, leaving Sacramento without a new arena.[12]

In late 2010, the Maloof family began negotiating with officials in Anaheim, California in an effort to move the Kings franchise to that city, despite repeated assurances that the team would stay in Sacramento. On March 29, 2011, the City of Anaheim approved bond measures aimed at assisting the Kings move. Finally, on May 2, 2011, the NBA put a halt to the move to Anaheim, California because the current bills that were owed to the city of Sacramento, California gave the city just cause to keep them in Sacramento. In June 2011, the Maloof brothers, Joe and Gavin, (along with successful investor Ghassan El Morabit), sold majority share of the Palms to two lending companies (Leonard Green & Partners LP in Los Angeles and TPG Capital in Texas), allowing them to continue building their stadium.[13]

Upon the news of a possible relocation, Sacramento Kings launched a grassroots effort with pledges of over $800,000 to go to a new arena. This and other grassroots efforts, along with Mayor Kevin Johnson's presentation to the NBA Board of Governors, convinced the NBA to delay any relocation authorization for one year. Within this one year time frame (deadline: March 2012) a completed arena plan, with funding, must be in place. Plans were approved by the City Council in March 2012[14] and construction for the Kings' new arena, the Golden 1 Center, began on October 29, 2014[15] and it was completed prior to the start of the 2016-17 NBA Season.[16]

In February 2013, they agreed to sell the Sacramento Kings to a group led by Chris Hansen and Steve Ballmer, who promised to relocate the team to Seattle and rename them the Seattle SuperSonics. Kevin Johnson brought a group together led by Vivek Ranadive to keep the team in Sacramento. The local fan base rallied behind him in an effort to keep the team. The new ownership group was established and a deal struck with the city to build a new arena in downtown Sacramento. On May 15, 2013, the NBA Board of Governors denied the relocation bid, effectively nullifying the sale to the Seattle group. The following day, the Maloofs agreed to sell the team to the Sacramento group.

During the months leading up to the sale, the Seattle group raised their offer twice and it was reported that the Maloofs were going to refuse to sell to the Sacramento group. At one point, the Chris Hansen group had offered to buy 20% of the team with the Maloofs retaining their majority ownership, even after the Sacramento group came together with an offer. However, Sacramento continued to work directly with the NBA, and the Maloofs sale to the Sacramento group eventually went through.

References[edit]

  1. ^Bizjak, Tony (May 16, 2013). 'Sacramento group, Maloof family reach deal for Kings'. Sacramento Bee. Archived from the original on 2 June 2013. Retrieved 17 May 2013.
  2. ^Golliver, Ben (2015-05-15). 'NBA Board of Governors votes to reject Kings relocation to Seattle'. Sports Illustrated. Archived from the original on 7 June 2013. Retrieved 17 May 2013.
  3. ^'George Maloof: Little change in operations as family ownership hits 2 percent'. 21 June 2011. Retrieved 25 May 2017.
  4. ^Martin, Denise (2006-07-30). 'Reality's Fast Lane'. Variety. Retrieved 2007-04-27.
  5. ^Arneson, Erik (2009-01-05). 'Popular Bullrun Moves to SPEED for 2009'. SPEEDtv.com. Archived from the original on 2011-07-24. Retrieved 2009-03-13.
  6. ^Thielman, Sam (2008-03-04). 'E! greenlights Lohan reality show'. Variety. Retrieved 2008-06-16.
  7. ^'Mark Burnett, Maloofs to Follow Kings'. Hollywood Reporter. Archived from the original on November 22, 2008. Retrieved 2008-11-25.
  8. ^Fleming, Michael (2007-01-17). 'Brosnan to turn Wise novel into film'. Variety. Retrieved 2007-02-24.
  9. ^Chris Nieratko (6 February 2012). 'Maloof Money Cup series returns for 2012'. ESPN Action Sports. ESPN Internet Ventures. Archived from the original on 15 June 2012. Retrieved 24 September 2012.
  10. ^'Adrienne Maloof and Taylor Ford Armstrong rumored to be bravos last two real housewives of Beverly Hills'. The Daily Truffle. Archived from the original on 2010-11-07.
  11. ^'Local Ballot Measure Results From November'. California Planning & Development Report.
  12. ^http://www.calexpo.com/Html/nba_arena.aspArchived May 1, 2009, at the Wayback MachineCal Expo
  13. ^'Maloofs reportedly selling controlling stake in Palms Casino'. World News.
  14. ^'Sacramento OKs new arena plan to keep Kings'. ESPN.com. Retrieved 2016-12-13.
  15. ^'Kings break ground on new downtown Sacramento arena'. sacbee. Retrieved 2016-12-13.
  16. ^Newcomb, Tim. 'Kings' new arena was designed with Sacramento in mind'. SI.com. Retrieved 2016-12-13.

External links[edit]

  • Maloof Productions Maloof Productions website.
  • The Palms Resort and Casino The Palms Casino Resort website.
  • Maloof family on IMDb
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Maloof_family&oldid=952733749'

Ghostbar Las Vegas is a Vegas club in at the Palms Casino Resort that opened in November of 2001. Owned by the hotel, and operated by the N9ne Group, this 8,000 square foot venue has a 500 person capacity, with 27 VIP table locations with 15 on the 3500 square foot inside club lounge and 12 on the outside Sky. Located on the 55th floor roof top of the Ivory Tower, this upscale modern contemporary establishment gained notoriety quickly from MTV's the Real World, and ever since has remained one of the most popular nightlife destinations for 15 years. This venue has 45 members on staff during operation and can be booked for private events.

Ghostbar Las Vegas is a Vegas club lounge and dayclub that shut its doors on July 6th 2013, and underwent a multi-milion dollar renovation in July 2012 for over 5 weeks, and re-opened August 14th, 2016! The VIP location types include Skydeck Patio, Main Room Side, Dance Floor,and DJ booth tables. Other areas of the venue include the Skydeck Patio, Private Room, and VIP Lounge. Gambling is available, and the venue can also be rented accommodate private events. The venue won 'Lounge of the Year Award' in 2014 by Nightclub and Bar, and still remains of the strongest nightlife venues off the Las Vegas strip.

When is Ghostbar Las Vegas open?

Operational hours at this Vegas club are Sunday through Friday from 8:00PM to 4:00AM, and on Saturday from 1:00PM to 6:00PM during with winter for dayclub hours, and 8:00PM to 4:00AM. Happy hour is daily from 8:00PM to 10:000PM with 50% of cocktails.

Where is Ghostbar Las Vegas located?

Palms Casino Movie Theater

The Vegas club is located in the Palms Casino Resort at the North End on the 55th floor of the Ivory Tower. If you are on the Las Vegas strip, you will want to head west on E. Flamingo Rd, then cross the Las Vegas Freeway overpass, then you will see the resort on the left hand side in a quarter of a mile.

How much is cover charge at Ghostbar Las Vegas?

Cover charge at this Vegas club has a cover charge is $15 to $20 on Sunday through Thursday for men, and $10 for ladies. Saturday the cover charge is $25 to $30 for men.

What is the Dayclub at Ghostbar Las Vegas?

Palms Casino Map

The Dayclub in this Vegas club is open on Saturday from 1:00PM to 6:00PM. The daysclub is utilized during the day like it is during the evening where performing DJs and bottle service reservations are on the go.

When is happy hour at Ghostbar Las Vegas?

Happy hour at this Vegas club is daily from 8:00PM to 10:000PM with 50% of cocktails.

What is the dress code at Ghostbar Las Vegas?

Dress code at this Vegas club is strict dress code and is enforced by the doormen. You should avoid wearing ripped or baggy clothing, tennis shoes, sportswear, hats, sunglasses, shorts, hats, wife beaters, and tank tops. Gone fishing polar bear game. You should dress to impress just like you would at any other nightlife venue. The dayclub does not permit pool or beach wear. It can be embarrassing to your group if you are denied entry, so make sure you abide by the standards.

Palms
How long do I have to wait in line at Ghostbar Las Vegas?

Line waiting times at this Vegas club are 15 minutes to 1 hours depending on the time you arrive, and if it's a special event, or holiday. The line for general admission is going to move slower than the line for the guestlist, and the line for bottle service reservations will move the fastest than all the line.

What type of music do they play at Ghostbar Las Vegas?

Music genres in this Vegas club plays contains a mixture of beats including EDM, Hip Hop, Rock, Top 40, and Old School.

Who are the resident DJs at Ghostbar Las Vegas?

Resident DJs in this Vegas club are not promoted on their advertisement, but past 2016 Djs and performers include Kevin Brown, Brandon Kent, Chris Garcia, Danny Coker, Das Racist, Demetrius, Disco Fries, Nick Catchdubs, JWLS, M!KEATTACK, Mark Stylz, Melo D, Mike Uriarte, Paper Diamond, Sex Panther, Teen Wolf, Wizdumb, and Yelle.

What is the nightclub and lounge at Ghostbar Las Vegas?

This Vegas club takes guest on a 55 floor ride up the elevator, into the nightclub and lounge section of the venue where you will notice the white color scheme on the tile flooring, walls and ceiling that mix perfectly with the VIP sections. There are hot pink, black, and grey rugs the VIP sections, along with black leather sofas, and chairs, Murano chandeliers, chrome tables and a candle lit fireplace. One side of the room features 180 degree view of the Las Vegas Skyline through 14 foot high glass floor-to-ceiling windows, and the other side features an 8 foot long bar.

What is the Skydeck Outdoor Patio at Ghostbar Las Vegas?

The Skydeck Outdoor Patio in this Vegas club is an half extension of the venue that features 6 VIP table locations and 2 bar on each side of the railing. The Ghostdeck is the famous see-through glass balcony on the patio that captures a 55 floor view below your feet. The Skydeck Outdoor Patio holds a 150 person capacity, and captures 360 panoramic views of the Las Vegas Mountains and strip.

What is the VIP Lounge in Ghostbar Las Vegas?

The VIP lounge in this Vegas club is a small room to the left of the DJ booth located behind the elevators that hold bout a 20 person capacity.

Where are the Bars in Ghostbar Las Vegas?

3 Bars in this Vegas club exist. The main bar is in the nightclub lounge that measures 28 feet long and the additional 2 locations are found on the Skydeck outdoor patio.

Palms Casino Closing

What type of Audio does Ghostbar Las Vegas have?

Audio in this Vegas club was designed by Infinite Systems of Miami, Florida.

What type of video does Ghostbar Las Vegas?

Video in this Vegas club includes four 47 inch HD televisions with white framing that hang across the wall behind the main bar in the nightclub and lounge.

Palms Casino Pauly D

Book Ghostbar bottle service.
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Learn about the Ghostbar guestlist.
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Discover more Las Vegas Nightclubs.
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Club Hours

Owners Of Palms Casino Las Vegas

Sun-Fri 8PM – 4AM
Sat 1PM – 6PM, 8PM – 4AM


Location

Posh nightspot on 55th floor of Palms' Ivory Tower offering city views & a glass-bottomed patio.





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