Maloof loses management control over restaurants, nightlife entities
In early 2011, George Maloof Jr. announced that he would take over the management of NM Ventures, the entity that owns and operates N9NE Steakhouse, Ghostbar, Rain Nightclub, Nove Italiano, the Playboy Club, Moon Nightclub and the Stuff store. Those entities (the ones that remain, anyway) are now wholly owned subsidiaries of Palms majority owner F.P. Holdings LP.

* * *

Imperial Palace to be re-named The Quad Resort
Caesars Entertainment announced it will re-name and rebrand the Imperial Palace to The Quad Resort & Casino as part of the $550 million Project Linq development. The official conversion will be completed by December with renovation plans scheduled for finish by late 2013.