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Maloofs Now Own Just 2 Percent Of Palms And No Longer Run Resort, Putting Kings' Finances In Question
The Maloofs, who own the Sacramento Kings, have lost majority control of the Palms Casino and Hotel in Las Vegas amid rampant reports of the family's financial demise.
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June 28, 2011
Maloof replaced as Palms president
George Maloof, part of the family that owns the Sacramento Kings, has replaced himself as president of the Palms Resort in Las Vegas.
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June 18, 2011
Maloofs Now Own Just 2 Percent Of Palms, Putting Kings' Finances In Question
The Maloofs now own just 2 percent of the Palms in Las Vegas, making the Sacramento Kings the family's last business of note.
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June 15, 2011
Sacramento Kings' Maloof Family Loses Majority Control Of Palms Casino
The Maloofs, who own the Sacramento Kings, have lost majority control of the Palms Casino and Hotel in Las Vegas amid rampant reports of the family's financial demise.