{"id":1004143908,"date":"2016-05-13T00:14:04","date_gmt":"2016-05-13T08:14:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004143908"},"modified":"2020-05-11T00:44:48","modified_gmt":"2020-05-11T08:44:48","slug":"red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/","title":{"rendered":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas"},"content":{"rendered":"<p>By Gail Kalinoski<\/p>\n<div id=\"attachment_1004143912\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004143912\" data-attachment-id=\"1004143912\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/about_hero\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg\" data-orig-size=\"899,820\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"about_hero\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg?w=899\" class=\"wp-image-1004143912 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg\" alt=\"Palms Casino Resort, Las Vegas\" width=\"300\" height=\"274\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg 899w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg?resize=300,274 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg?resize=768,701 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004143912\" class=\"wp-caption-text\">Palms Casino Resort, Las Vegas<\/p><\/div>\n<p><strong>Las Vegas<\/strong>\u2014Calling it a \u201chybrid gaming property\u201d that attracts both tourists and locals in Las Vegas, Red Rock Resorts Inc., the parent company of <a href=\"https:\/\/www.sclv.com\/\" rel=\"nofollow\" target=\"_blank\">Station Casinos LLC<\/a>, is betting on the Palms Casino Resort with a $312.5 million cash deal.<\/p>\n<p>Red Rock Resorts, which recently completed a $531.4 million IPO, said its subsidiary Station Casinos had reached a definitive agreement to acquire the Palms from private equity firms <a href=\"https:\/\/www.tpg.com\/\" rel=\"nofollow\" target=\"_blank\">TPG Capital<\/a> and <a href=\"https:\/\/www.leonardgreen.com\/\" rel=\"nofollow\" target=\"_blank\">Leonard Green &amp; Partners<\/a>. The investment firms each owned 49 percent stakes along with the 2 percent owned by George Maloof, who opened the casino resort in November 2001. The firms became majority owners in 2011 amid efforts by the Palms ownership to restructure millions in debt.<\/p>\n<p>\u201cWith the acquisition of the Palms we gain a leading gaming asset in Las Vegas with key strategic benefits in the Las Vegas locals market and close proximity to the Las Vegas Strip,\u201d Marc Falcone, executive vice president, CFO &amp; treasurer of Red Rock Resorts, said in a prepared statement. \u201cWith its appeal to both Las Vegas residents and tourists alike, the Palms is a hybrid gaming property that is uniquely positioned to benefit from the strong economic trends in Southern Nevada and record visitation levels in Las Vegas.\u201d<\/p>\n<p>Red Rock Resorts manages and owns a significant indirect equity interest in Station Casinos, which is the leading provider of gaming and entertainment to Las Vegas residents. Station Casinos\u2019 properties include Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palace Station Hotel &amp; Casino, Boulder Station Hotel &amp; Casino and Sunset Station Hotel &amp; Casino. It also is the manager of Grafton Resort &amp; Casino in northern California and owns a 50 percent interest in MPM Enterprises LLC, which is the manager of Gun Lake Casino in Michigan.<\/p>\n<p>The Palms is located just off the Las Vegas Strip and features a 95,000-square-foot casino with approximately 1,250 slots and 48 table games, a race and sportsbook. It has about 710 rooms across two towers with 85 suites, 19 penthouses and 599 condos. The resort also has 15 restaurants, including the award-winning N9NE Steakhouse and Novo Italiano, Ghostbar Nightclub, the 2,500-seat Pearl Theater, a 14-screen Brenden Theaters and IMAX movieplex and 60,000 square feet of meeting and convention space. There is also a luxury spa and the 2-acre Palms Pool and Palms Place Pool.<\/p>\n<p>The transaction is expected to close in the third quarter. <a href=\"https:\/\/www.milbank.com\/\" rel=\"nofollow\" target=\"_blank\">Milbank, Tweed, Hadley &amp; McCloy LLP<\/a> served as legal advisors to Red Rock Resorts for the transaction. <a href=\"https:\/\/www.macquarie.com\/ie\/about\/company\/macquarie-capital\" rel=\"nofollow\" target=\"_blank\">Macquarie Capital<\/a> was the financial advisor and <a href=\"https:\/\/www.willkie.com\/\" rel=\"nofollow\" target=\"_blank\">Wilkie Farr &amp; Gallagher LLP<\/a> was legal advisor to FP Holdings LP, doing business as the Palms Casino Resort.<\/p>\n<p>Previously known as Station Casinos, the company went public in late April, changed its name to Red Rock Resorts and began trading on the NASDAQ.<\/p>\n<p>On Thursday, the company discussed the Palms acquisition during a conference call about its first quarter 2016 earnings.<\/p>\n<p>The company estimated the Palms will generate $35 million in EBITDA during the first full year of ownership and the acquisition would be accretive to earnings per share and free cash flow positive in the first full year of operations.<\/p>\n<p>The company reported a 4.8 percent increase in first quarter revenue over last year, the 12<sup>th<\/sup> consecutive quarter of year-over-year consolidated net revenue growth. Consolidated net revenues for the first quarter were $359.2 million, up $16.5 million or 4.8 percent compared to last year.<\/p>\n<p>\u201cThe key Las Vegas metrics that drive our business &#8211; job creation, wage growth and increased discretionary spend \u2013 were all strong in the first quarter,\u201d Falcone said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.<\/p>\n","protected":false},"author":1068,"featured_media":1004143912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21825,21751,21783,1593,21752,21742,15],"tags":[],"class_list":["post-1004143908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-finance","category-hotel","category-investment","category-las-vegas","category-mixed-use","category-latest","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Red Rock Resorts Bets on Palms Casino Resort in Las Vegas - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas\" \/>\n<meta property=\"og:description\" content=\"Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-13T08:14:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-11T08:44:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"899\" \/>\n\t<meta property=\"og:image:height\" content=\"820\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/\"},\"author\":{\"name\":\"Gail Kalinoski\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"headline\":\"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas\",\"datePublished\":\"2016-05-13T08:14:04+00:00\",\"dateModified\":\"2020-05-11T08:44:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/\"},\"wordCount\":606,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/about_hero.jpg\",\"articleSection\":[\"Deals\",\"Featured\",\"Finance\",\"Hotel\",\"Investment\",\"Las Vegas\",\"Mixed Use\",\"News\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/\",\"name\":\"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/about_hero.jpg\",\"datePublished\":\"2016-05-13T08:14:04+00:00\",\"dateModified\":\"2020-05-11T08:44:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/about_hero.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/05\\\/about_hero.jpg\",\"width\":899,\"height\":820},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\",\"name\":\"Gail Kalinoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"caption\":\"Gail Kalinoski\"},\"description\":\"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/gail-kalinoski\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/","og_locale":"en_US","og_type":"article","og_title":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas","og_description":"Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.","og_url":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-05-13T08:14:04+00:00","article_modified_time":"2020-05-11T08:44:48+00:00","og_image":[{"width":899,"height":820,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","type":"image\/jpeg"}],"author":"Gail Kalinoski","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/"},"author":{"name":"Gail Kalinoski","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"headline":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas","datePublished":"2016-05-13T08:14:04+00:00","dateModified":"2020-05-11T08:44:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/"},"wordCount":606,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","articleSection":["Deals","Featured","Finance","Hotel","Investment","Las Vegas","Mixed Use","News","West"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/","url":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/","name":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","datePublished":"2016-05-13T08:14:04+00:00","dateModified":"2020-05-11T08:44:48+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","width":899,"height":820},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/red-rock-resorts-bets-on-palms-casino-resort-in-las-vegas\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Red Rock Resorts Bets on Palms Casino Resort in Las Vegas"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57","name":"Gail Kalinoski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","caption":"Gail Kalinoski"},"description":"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/gail-kalinoski\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/about_hero.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1068"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004143908"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143908\/revisions"}],"predecessor-version":[{"id":1004433607,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143908\/revisions\/1004433607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004143912"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004143908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004143908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004143908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}