ICC to feature exclusive insight into acquisition of Palms Las Vegas

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ICC to feature exclusive insight into acquisition of Palms Las Vegas
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ICC will take place on Monday 6 February in the Capital Suite at the ExCel London.

The conference will feature 150 key industry leaders discussing a range of issues associated with the land-based casino sector, including emerging markets, regulation, and politics as well as the latest news in ongoing casino development.

This will include exclusive insight into the acquisition of the Palms Casino Resort by the San Manuel Band of Mission Indians. The resort opened just 132 days after receiving its licence to operate, in April 2022.

Laurens Vosloo, CEO of the San Manuel Band of Mission Indians and management committee member at the San Manuel Gaming & Hospitality Authority and Cynthia Kiser Murphey, general manager at Palms Casino Resort Las Vegas will be making keynote presentations on the acquisition at ICC.

The casino saw interest from tribes that sought to open the first casino resort in Las Vegas entirely owned and operated by a Native American tribe.

Tribal-owned

“Owning a casino resort in the entertainment and gaming mecca of Las Vegas was a long-term vision realised as part of the Tribe’s investment and diversification strategy,” said Vosloo.

“At the International Casino Conference, we will be sharing the story of the San Manuel Band of Mission Indians and how they made history by becoming the first Native American tribe to wholly own and operate a casino resort in Las Vegas.”

Reflecting on the logistical challenges involved on the project, Murphey said: “Our team opened Palms in less than four months —a period which included sourcing, hiring, and training 1,200 exceptional team members; overcoming strategic sourcing and supply chain issues and dealing with unknowns that we encountered as the first tribal entity to own and operate a casino resort in Las Vegas.”

“We are grateful that so many original Palms team members re-joined our team at opening. Team members expressed their desire to return because of the magic they feel when working here together. Their energy and enthusiasm are the reasons Palms continues to thrive.”

ICE London 2023 will take place from 7-9 February. .