George J Maloof Jr Net Worth is
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George Joseph Maloof, Jr. (born September 2, 1964), is an American entrepreneur and businessman. He is the former owner of the Sacramento Kings, the former owner of the now defunct Sacramento Monarchs, and minority owner of the Palms Casino Resort in Las Vegas with his brothers Gavin Maloof, Joe Maloof, Phil Maloof and sister Adrienne Maloof. He is part of the Maloof Family.


Maloof is of Lebanese and Irish descent. He was born and raised in Albuquerque, New Mexico where his father, George Sr., operated a Coors beer distributorship. He attended the University of Nevada, Las Vegas where he studied casino management. He graduated Class of 1987 and was a member of the Kappa-Alpha Chapter of the Kappa Sigma fraternity. While at UNLV, Maloof played cornerback for the Runnin' Rebels football team. Death Row Records co-founder Suge Knight was his locker mate.
Maloof is the leading force behind the building and operation of the Palms Casino Resort just off Flamingo Road in Las Vegas, Nevada. He has overseen the operation of hotels throughout the Southwest and California, including the Fiesta Casino Hotel in North Las Vegas, the Central Palace Casino in Central City, Colorado, and the Palms.
Maloof opened his first casino in Central City, Colorado before returning to Las Vegas to open the Fiesta Casino in 1994. He then built the 430-room Palms resort in 2001 with family money. The boutique hotel, which boasts more than $50 million in annual profits, boasts stripper poles in private rooms, the Real World Suite (home to MTV???s reality series) and an emphasis on hiring beautiful women. "If you have the girls, you are going to get the guys," Maloof once said. The Palms has hosted the MTV Video Music Awards, NBA All-Star weekend and the Ocean's 13 premiere.
Maloof has very strong ties with the Las Vegas community. Maloof remains busy on several fronts. The family helped finance the horror flick Feast. All the Maloofs are members of the Screen Actors Guild and

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George J Maloof Jr Latest News

The NBA Must Part Ways With the Maloofs

George J. Maloof Jr. invested over $265 million of the families fortune in the Palms Casino in 2001. After failing to save themselves from their financial free fall by selling the rights of the families beer distribution, the Maloofs eventually lost the ...
Posted: February 7, 2013, 4:00 pm

Obituaries published May 17

She was the wife of 63 years of George Maloof ... Parkinson's Disease Foundation Gift Processing Center, P.O. Box 96268, Washington, DC 20090-6268. For additional information please contact 508 543-5471. Armand Brunelle, 84 MANSFIELD — Armand J.
Posted: May 16, 2005, 5:00 pm

Dispute erupts between Palms, nightclub operator N9NE Group

The Palms on Flamingo Road, west of the Las Vegas Strip and controlled by businessman George Maloof Jr. and his family, has been concerned for months about plans by N9NE Group principal Michael ... N9NE attorney J. Stephen Peek of the Las Vegas office ...
Posted: October 13, 2010, 5:00 pm
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