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Since the club has been owned by Adam Gentile. It was founded in but the building was built a couple decades prior. One of the notable differences between the Palomino and other Las Vegas strip clubs, is that it is allowed to have both a liquor license, and totally nude dancers.
Other clubs with liquor licenses are restricted to topless dancers. This difference, according to owner Luis Hidalgo Jr. In , a high-profile murder trial involved the Palomino Club owner's son, Jack Perry, who had shot and killed one of the employees he thought was trying to buy the club. He pleaded guilty and was sentenced to 14 years to life in prison. In , the owner of the "Olympic Garden" club sued the owners of the Palomino, claiming they conspired with cabdrivers to divert customers.
This put "non-kickback" clubs such as the Olympic Garden at a disadvantage. The case was eventually dropped. Jordan, .
Luis Hidalgo, Jr. One of the changes that he instituted was to start an all-male nude act, known as the "Palomino Stallions", to try to attract female customers. In , Luis Hidalgo Jr. Their former doorman, Timothy TJ Hadland, had been found shot to death on a road near Lake Mead on May 19, , just two weeks after quitting the club.
Three other Palomino employees, and the actual killer, were also found guilty on charges related to Hadland's killing. In , Hidalgo sold the club to his lawyer, Dominic Gentile, in order to cover legal fees.