The Palms Casino Resort, also known simply as the Palms, is a casino hotel and residential tower located in Paradise, Nevada. The main tower has 702 rooms and suites and contains a 95,000 sq ft (8,800 m2) casino, a recording studio and a 2,200 seat showroom. The Palms is partly owned by George Maloof with 5% ownership from The Greenspun Corporation. Despite the fact that it is located off the Strip, the resort has become a popular destination for many, especially with younger people and Hollywood actors. The Palms competes for market share with Hard Rock Hotel & Casino, another off-strip resort aimed toward the 21-30 demographic. Both resorts are styled in a modern, neo-retro fashion. The Palms hosts the annual CineVegas film festival. The Fantasy tower is also home to several of Las Vegas's nightlife venues including Moon Nightclub, Rain Nightclub and the only Playboy Club.