The Palms Casino Resort is a casino hotel and residential tower located near the Las Vegas Strip in Paradise, Nevada. The Palms Casino Resort has 653 rooms and suites and contains a 95,000 sq ft casino, recording studio, Michelin-starred restaurant, and 2,500-seat concert theater.

Although it is located off the Strip, the resort has become a popular destination for many, especially younger people,[who?] Hollywood actors, and celebrities. The Palms competes for market share with Hard Rock Hotel & Casino, another off-strip resort aimed toward the 21–39 demographic. Both resorts are styled in a modern, neo-retro fashion.

The Fantasy Tower is also home to several nightlife venues including Moon Nightclub and Rain Nightclub. The tower holds what are known as the Sky Villas and Fantasy Suites, which are some of the most expensive hotel suites in the world. The Two Story Sky Villa on the top floor, billed at US$40,000 per night, is listed at number 5 on the World's 15 Most Expensive Hotel Suites compiled by CNN Co in March 2012. The Sky Villas have played host to numerous celebrities.