'This afternoon, Red Rock Resorts Inc. Announced the closing of KAOS dayclub and nightclub at the Palms Casino Resort, effective immediately,' Michael Britt, senior vice president of. Now $92 (Was $̶1̶3̶2̶) on Tripadvisor: Palms Casino Resort, Las Vegas. See 3,710 traveler reviews, 1,786 candid photos, and great deals for Palms Casino Resort, ranked #114 of 282 hotels in Las Vegas and rated 4 of 5 at Tripadvisor.
Five short days after its October 31 grand re-opening, KAOS Dayclub and Nightclub at the Palms Casino Resort in Las Vegas has closed its doors forever.
In a statement issued on Tuesday, November 5, 2019, Michael Britt, Senior Vice President of Government Relations and Corporate Communications at the Palms' parent company, Red Rock Resorts, confirmed that KAOS would cease operations immediately.
Palms Casino Nightclubs Las Vegas
'While Palms has experienced exceptional growth across both the gaming and non-gaming segments of the business, the expense side of the business has been challenging to date, due in large part to the entertainment and fixed cost structure associated with KAOS,' Britt explained. 'Therefore, we have decided to take some time to reassess the programming and use of those venues going forward. In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations.'
Bloomberg reported that the Palms will be taking a hit of over $28 million related to the club's closing, along with additional losses of between $16 million and $22 million projected over the next two quarters. Poker hands odds texas hold'em.
Chief Executive Officer Frank Fertitta cited the extreme competitiveness of Las Vegas' nightclub market, known for its superstar DJs, outlandish cabanas and pricey VIP bottle service, as part of the problem during a call with investors, said Bloomberg. Fertitta told participants on Tuesday's call, 'It doesn't appear that the market has grown enough for the amount of supply…The cost of entertainment is excessively high and we just made the decision to focus where the fish are.'
The highly-anticipated KAOS had been part of the Palms' $690-million renovation of the Palms, initiated after the Fertitta brothers purchased the property three years ago, and opened in April with a massive celebration and performances from big-name artists like Cardi B, Travis Scott, J Balvin and G-Eazy. Cardi B. The vibrant day-to-night scene thereafter boasted exclusive residencies by such chart-topping artists as Cardi B, Deadmau5, Shrillex and Marshmello.
Yet, after about six months in operation, KAOS began facing difficulties, including the cancellation of Marshmello's $60-million residency contract and the resignation of the Palms' Vice President and General Manager, Jon Gray, followed by the departure of several other company executives, according to Eater online.
The over 100,000-square-foot, indoor-outdoor venue had consisted of a 73,000-square-foot day club, featuring and 29,000-square-foot nightclub, which included a rotating DJ booth and entertainment stage. It closed on September 15 to undergo construction of a new outdoor dome, which shelters the pools and outdoor performance space and reopened on Halloween with a follow-up performance by Cardi B.
The vast swimming pool spaces, complete with the new dome, will continue to serve Palms Casino Resort guests, even as the adjacent KAOS disappears.
UPDATE NOV. 7: A former employee of KAOS Dayclub and Nightclub has filed a class-action lawsuit against the club, Station Casinos and Red Rock Resorts.
The lawsuit claims that employees were not given lawful notice of closing and were not paid as required by the WARN (Worker Adjustment and Retraining Notification) Act. Casino night party decorations ideas.
The lawsuit was filed by an employee named Alyssa Faulstick and claims that at least 100 other employees have been affected.
ORIGINAL STORY
LAS VEGAS (KTNV) -- The KAOS Dayclub and Nightclub at the Palms hotel-casino has closed because of expense.
13 Action News obtained a letter sent out to employees:
Red Rock Resort sent the following statement earlier in the day:
'This afternoon, Red Rock Resorts, Inc. announced the closing of KAOS dayclub and nightclub at the Palms Casino Resort, effective immediately. While Palms has experienced exceptional growth across both the gaming and non-gaming segments of the business, the expense side of the business has been challenging to date, due in large part to the entertainment and fixed cost structure associated with KAOS. Therefore, we have decided to take some time to reassess the programming and use of those venues going forward. In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations.'
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The multi-level 73,000-square-foot club opened in April 2019 as part of the $690 million remodel of the property. The dayclub and nightclub feature two main pools with numerous side pools and was designed by the award-winning design firm Friedmutter Group. 13 Action News was on the red carpet when the club opened in April.
A 60-foot bronze sculpture by Damien Hirst titled 'Demon with Bowl' dominated the pool area and the largest LED wall in Las Vegas on the eastern town rose above the club.
It was recently announced that the hotel-casino planned to turn the dayclub and nightclub into a domed venue. However, many people have been speculating that the venue would close for the past few months. Those rumors intensified after vice president and general manager Jon Gray resigned in October.
In a statement issued on Tuesday, November 5, 2019, Michael Britt, Senior Vice President of Government Relations and Corporate Communications at the Palms' parent company, Red Rock Resorts, confirmed that KAOS would cease operations immediately.
Palms Casino Nightclubs Las Vegas
'While Palms has experienced exceptional growth across both the gaming and non-gaming segments of the business, the expense side of the business has been challenging to date, due in large part to the entertainment and fixed cost structure associated with KAOS,' Britt explained. 'Therefore, we have decided to take some time to reassess the programming and use of those venues going forward. In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations.'
Bloomberg reported that the Palms will be taking a hit of over $28 million related to the club's closing, along with additional losses of between $16 million and $22 million projected over the next two quarters. Poker hands odds texas hold'em.
Chief Executive Officer Frank Fertitta cited the extreme competitiveness of Las Vegas' nightclub market, known for its superstar DJs, outlandish cabanas and pricey VIP bottle service, as part of the problem during a call with investors, said Bloomberg. Fertitta told participants on Tuesday's call, 'It doesn't appear that the market has grown enough for the amount of supply…The cost of entertainment is excessively high and we just made the decision to focus where the fish are.'
The highly-anticipated KAOS had been part of the Palms' $690-million renovation of the Palms, initiated after the Fertitta brothers purchased the property three years ago, and opened in April with a massive celebration and performances from big-name artists like Cardi B, Travis Scott, J Balvin and G-Eazy. Cardi B. The vibrant day-to-night scene thereafter boasted exclusive residencies by such chart-topping artists as Cardi B, Deadmau5, Shrillex and Marshmello.
Yet, after about six months in operation, KAOS began facing difficulties, including the cancellation of Marshmello's $60-million residency contract and the resignation of the Palms' Vice President and General Manager, Jon Gray, followed by the departure of several other company executives, according to Eater online.
The over 100,000-square-foot, indoor-outdoor venue had consisted of a 73,000-square-foot day club, featuring and 29,000-square-foot nightclub, which included a rotating DJ booth and entertainment stage. It closed on September 15 to undergo construction of a new outdoor dome, which shelters the pools and outdoor performance space and reopened on Halloween with a follow-up performance by Cardi B.
The vast swimming pool spaces, complete with the new dome, will continue to serve Palms Casino Resort guests, even as the adjacent KAOS disappears.
UPDATE NOV. 7: A former employee of KAOS Dayclub and Nightclub has filed a class-action lawsuit against the club, Station Casinos and Red Rock Resorts.
The lawsuit claims that employees were not given lawful notice of closing and were not paid as required by the WARN (Worker Adjustment and Retraining Notification) Act. Casino night party decorations ideas.
The lawsuit was filed by an employee named Alyssa Faulstick and claims that at least 100 other employees have been affected.
ORIGINAL STORY
LAS VEGAS (KTNV) -- The KAOS Dayclub and Nightclub at the Palms hotel-casino has closed because of expense.
13 Action News obtained a letter sent out to employees:
Red Rock Resort sent the following statement earlier in the day:
'This afternoon, Red Rock Resorts, Inc. announced the closing of KAOS dayclub and nightclub at the Palms Casino Resort, effective immediately. While Palms has experienced exceptional growth across both the gaming and non-gaming segments of the business, the expense side of the business has been challenging to date, due in large part to the entertainment and fixed cost structure associated with KAOS. Therefore, we have decided to take some time to reassess the programming and use of those venues going forward. In the interim, we intend to use the venues for private meeting space and special events, in addition to everyday resort pool operations.'
Palm Springs Casinos
The multi-level 73,000-square-foot club opened in April 2019 as part of the $690 million remodel of the property. The dayclub and nightclub feature two main pools with numerous side pools and was designed by the award-winning design firm Friedmutter Group. 13 Action News was on the red carpet when the club opened in April.
A 60-foot bronze sculpture by Damien Hirst titled 'Demon with Bowl' dominated the pool area and the largest LED wall in Las Vegas on the eastern town rose above the club.
It was recently announced that the hotel-casino planned to turn the dayclub and nightclub into a domed venue. However, many people have been speculating that the venue would close for the past few months. Those rumors intensified after vice president and general manager Jon Gray resigned in October.
Recent performers at the club included Cardi B on Halloween night. Before that, Marshmello completed half of an agreed-upon residency before calling it quits. Upcoming performers included J Blavin on Nov. 15.
Wahoo's Fish Taco has extended an invite to former employees to work for them.
They are hosting a job fair from 2 to 4 p.m. Nov. 12. They are located near the Palms. They are hiring bartenders, servers and cooks.
