LAS VEGAS – May 5, 2021 – Global law firm Greenberg Traurig, LLP served as gaming regulatory counsel to San Manuel Band of Mission Indians in its definitive agreement to acquire the Palms Casino Resort in Las Vegas, Nevada from Red Rock Resorts, Inc. for $650 million in cash, subject to customary adjustments. The transaction is expected to close later in 2021, subject to the receipt of regulatory approvals.
“Our team is proud to serve as gaming regulatory counsel to San Manuel Band of Mission Indians in this acquisition and in navigating the regulatory process,” said Las Vegas Shareholder and Greenberg Traurig Gaming Practice Chairman, Mark Clayton, who led the firm’s gaming team along with Las Vegas Shareholder Erica Okerberg.
Clayton has wide-ranging experience in the gaming industry and focuses his practice on gaming operational and regulatory matters, including those related to land-based gaming, internet gaming and the manufacturing and distribution of gaming equipment.
Okerberg focuses her practice on gaming law, including licensing and regulatory work; and promotional law, including sweepstakes and social gaming.
Located near the Las Vegas Strip, The Palms consists of a casino, approximately 700 hotel rooms and suites, a 2,500-seat theater, pool and spa, and other amenities, according to the company’s website. The San Manuel Band of Mission Indians, located near the city of Highland, California, is a federally recognized American Indian tribe, which also operates the San Manuel Casino in Highland.