Monte Carlo will even see a new name, Park MGM. Monte Carlo, Palms and Palace Station will each see major changes throughout the year. Some Las Vegas casinos will undergo major renovations that touch everything from the casino floor to the hotel rooms. Some of the changes may be as simple as a new hotel room design (no less than eight properties will have new rooms available before the year is over) or a new restaurant. Casino operators are constantly reinventing their properties. One of the reasons so many people visit Las Vegas each year is that there is always something new to see or do.