- Palace Station Casino in Vegas is set for a major renovation
- Project will include restaurants, race and sportbooks and a new poker room
Las Vegas’ Palace Station Casino is poised for a new lease of life after its parent company has announced plans to inject over $190 million into rejuvenating it together with a second site.
As part of the ambitious redevelopment project, several luxury movie theatres and a pool will be added. $76 million has been earmarked for Palace Station, with the cash being put towards a new-look restaurant, bar and race and sportsbook. The poker room will also be completely renovated.
Virtually unrecognisable after renovation
Elsewhere, Red Rock Resorts will be spending $115 million on the exterior of the site, adding two restaurants, a new bingo room, extra parking and other improvements.
By the time the work is complete in late 2018, the Palace Station will be virtually unrecognisable from its current incarnation. The latest redevelopment announcement is over and above the $146 million that has already been budgeted for two restaurants, upgrading the movie theatres, creating a convention space and adding a rooftop lounge.
Station Casino’s parent company has stated that it see a big future for Palace Station, with CEO Frank Fertitta III eager to attract the convention crowds who flock to Las Vegas for major events as well as the NFL football. A new buffet, new restaurants and new movie theatres will help to transform Palace Station into an all-purpose entertainment complex.
The casino hopes to continue to attract local customers looking to gamble and to augment this with an influx of visitors from further afield seeking to make the Palace Station their base as they explore the best that Las Vegas has to offer.
Red Rock Resorts reported a loss of almost $26 million in the second quarter of 2016. Prior to that, it brought in revenue of almost $282 in the first quarter of 2016, with a $5.7 million profit.
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