The Palazzo Las Vegas culminated its grand opening with music, fireworks and light show and an incredible concert show featuring Diana Ross as well as a great selection of stars that performed in the Luminaries and Legends concert. Celebrities, VIP guests and media from the entire world united for this historic instance as the first new resort on the Las Vegas strip formally opened its doors to all visitors. The Grand Opening events included a “Taste, Luxury & Humor VIP Reception” at Barneys New York. The event was attended by distinguished guests including Hillary Swank, Mandy Moore, James Denton, Rebecca Romijn and Jerry O'Connell. A private party for VIPs guests at the 40/40 Club featured a live presentation from Pat Monahan of Train.

"This was a celebration not only of the opening of the most luxurious new resort on the Strip, but, when combined with The Venetian and the Sands Expo Center, the culmination of a vision to create the most compelling destination in all of Las Vegas," expressed Rob Goldstein, president and chief operating officer of The Palazzo. "The excitement, energy and positive response throughout the weekend provided a fitting opening for what is the new standard for luxury and sophistication in Las Vegas."

On Friday, The Shoppes at The Palazzo first opened to the public. The vestibule takes the visitors into a mall esplanade under a glass walkway in where the natural light perfectly illuminates all the way. In addition to Barneys New York, a total of 20 other stores and luxury brands are introduced by the first time in Las Vegas thanks to  The Palazzo, including Chloe, Tory Burch, Christian Louboutin, Diane Von Furstenberg, Van Cleef & Arpels, Anya Hindmarch, Poleci, Lambertson Truex, Phillipe Charriol, Edidi, Piaget and Michael Kors.

Friday afternoon also featured the appearance of famous chefs launching new restaurants at the Palazzo, including Mario Batali, Emeril Lagasse, Charlie Trotter and Wolfgang Puck. The Palazzo also hosts the Las Vegas exclusive version of the 40/40 Club sports bar and lounge, the pet project of rapper and singer Jay-Z, as well as the all-day, all-night Grand Lux Cafe.  The opening celebration events closed on Saturday with the expected Luminaries and Legends concert featuring Wayne Brady as the main host in a unique show that included Diana Ross, Seal, Andy Garcia and the Cineson All-Stars and the Jersey Boys.