You’ve heard of the bright lights of Las Vegas, but have you ever experienced the sizzling sights of Laughlin, NV?
Nestled along the Colorado River lies the River Palms Resort Casino, owned by the renowned MGM Resorts.
Whether you’re a gambler or a sun-seeker, this destination offers a unique and exciting experience you won’t soon forget.
Key Takeaways
- River Palms Resort Casino, Inc. was the original owner of the casino.
- The casino has changed ownership multiple times, with Primadonna Resort & Casino, MGM Resorts, Golden Entertainment, and Maverick Gaming, LLC all owning the casino at different points in time.
- Ownership changes have contributed to the growth and success of the casino, with each owner making improvements to the property.
- The casino offers a variety of amenities, including a wide range of games, multiple dining options, hotel amenities, and entertainment facilities.
Current Owner: MGM Resorts
You might be wondering who owns River Palms Resort Casino in Laughlin, NV. Well, it’s currently owned by MGM Resorts, but the ownership timeline of the resort is an interesting one.
Let’s take a look at the historical ownership of the River Palms Resort Casino and explore how it came to be a part of the MGM Resorts family.
Historical Ownership Timeline
You’ve likely heard of River Palms Resort Casino in Laughlin, NV, and its various owners over the years. Exploring the history of the casino reveals how ownership changes, lobby renovations, and staff changes have all contributed to its growth and success.
In the beginning, the casino was owned by the River Palms Resort Casino, Inc., which was eventually acquired by the Primadonna Resort & Casino in 2000. Primadonna then sold the casino to MGM Resorts in 2005, who continued to make renovations and changes to the property.
In 2011, MGM Resorts sold the River Palms Resort Casino to Golden Entertainment. Golden Entertainment continued to make improvements to the casino, and in 2019, they sold the casino to Maverick Gaming, LLC.
Maverick Gaming, LLC is the current owner of the River Palms Resort Casino in Laughlin, NV.
Amenities of Casino
River Palms Resort Casino in Laughlin, NV is owned by MGM Resorts. It’s a great place to have a good time with plenty of games to choose from, delicious dining options, and luxurious hotel amenities.
From the latest slot machines to poker, blackjack, and other table games, there are plenty of ways to gamble and have fun.
There are also a variety of restaurants to choose from, so you can find something to satisfy any craving.
And for when you want to kick back and relax, the hotel offers a variety of amenities to make your stay enjoyable.
Games Offered
Games offered at River Palms Resort Casino in Laughlin NV include slots, table games, and video poker. You can find over 800 slot machines, as well as a variety of table games such as blackjack, craps, and roulette. The poker rooms also offer your favorite games, like Texas Hold’em and Omaha.
Here’s a list of some of the games you can find at River Palms Resort Casino:
- Slot machines
- Poker rooms
- Table games such as blackjack, craps, and roulette.
Whether you’re a gambling enthusiast or just looking for a thrilling night, River Palms Resort Casino has something for everyone. With a wide variety of games, it’s the perfect place to take a break and have fun.
Dining Options
At River Palms Resort Casino, there’s something for every appetite with a variety of dining options. The range of cuisine includes Italian, Mexican, and American, so you can enjoy a true taste of the Southwest. The resort staffs a team of dedicated professionals who are committed to providing exceptional customer service, so you’ll have a great experience no matter which restaurant you choose.
There are also two 24-hour cafes on the premises for when you need a quick bite or late-night snack. The resort is focused on meeting all of its guests’ staffing needs and creating an atmosphere of comfort and relaxation. You’ll be able to sit back and enjoy a meal with family and friends in a truly unique setting.
River Palms Resort Casino has something for everyone!
Hotel Amenities
Continuing your luxury experience, River Palms Resort Casino offers plenty of hotel amenities to ensure an entertaining atmosphere.
From the outdoor heated swimming pool to the 24-hour fitness center, you’ll find plenty of ways to relax and have fun.
The casino features an arcade, movie theater, and lounge, as well as a spa and salon for those looking to be pampered.
There’s also a gift shop for all your souvenir needs.
Wireless internet access is available throughout the property, so you can stay connected and enjoy the convenience of the River Palms Resort Casino.
Current Profits of Casino
River Palms Resort Casino in Laughlin, NV has seen increasing profits in recent years. The owners of the resort have taken advantage of the tax implications and have seen many benefits, as shown in the table below.
Profit (in millions) | 2018 | 2019 | 2020 |
---|---|---|---|
Revenue | 12 | 15 | 18 |
Expenses | 8 | 9 | 11 |
Net Profit | 4 | 6 | 7 |
The owners of River Palms Resort Casino have worked hard to strategically manage their profits and losses. This has enabled them to see growth in profits year over year, despite increasing expenses. This success has also enabled them to make investments in the resort, such as adding new amenities and increasing staff salaries.
The future looks bright for River Palms Resort Casino as the owners continue to maximize their profits and investments. With the right management, this resort can continue to increase their profits while providing a great experience for their guests.