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Station Casinos News
Going Private: Fertittas will cash, take stake
8 May 2007
Members of Station Casinos' founding family will cash out shares worth nearly half a billion dollars while using their extensive company stock holdings to help take the gaming company private.
Station Casinos launches $500,000 Poker Plus Tournament
1 May 2007
Boarding Pass and Fiesta Rewards members at all Station Casinos and Fiesta properties can begin logging hours to qualify for Station Casinos’ $500,000 Poker Plus Tournament, to be held August 18 and 19 at Texas Station.
Station Casinos, DEQ Systems sign deal
26 Apr 2007
DEQ Systems Corp. has entered into a five year patent licensing agreement and joint research and development agreement with Station Casinos, Inc.
Step to diversity from Station Casinos
2 Apr 2007
The William F. Harrah College of Hotel Administration at UNLV is working to diversify, and locals casino giant Station Casinos is offering help.
CFO of Station Casinos retires
30 Mar 2007
Glenn Christenson, Station Casinos' longtime chief financial officer, will retire today from the gaming company.
Ex-Sheriff Young takes Station post
14 Mar 2007
Despite his newfound leisure time, former Clark County Sheriff Bill Young said he realized he was not ready to take up the retired life for good.
Station Casino wins award
14 Mar 2007
The Consumer Health World has awarded Station Casinos, Inc. the 2006
Best Health Education Initiative for Employees.
Looking in on: Gaming
7 Mar 2007
Ten to 20 percent profits at Las Vegas casinos have nothing on Macau, where Las Vegas Sands has come to expect 100 percent returns.
Stay stalls plan for Station-managed casino in Michigan
7 Mar 2007
A plan for an American Indian casino in Michigan managed by Station Casinos is again on hold.
Station Casinos learns lesson about neighbors
5 Mar 2007
The last time Station Casinos broke ground, there was a big dust-up by neighbors complaining about the height, the traffic, the imposition. This time, neighbors' reaction is more akin to a hallelujah chorus.
Station reports income jump
3 Mar 2007
The opening of Red Rock Resort in April helped boost Station Casinos' fourth-quarter cash flow, although higher interest expenses and operating costs pushed net income down sharply.
Ruling favors Station Casinos in casino bid
3 Mar 2007
A recent court decision could clear the way for a local gaming operator to manage its second American Indian casino.
Casino industry: Bid for Station may hold
28 Feb 2007
A private equity group has increased its offer to take Station Casinos private, while industry analysts say a follow-up bid that might drive the price higher is unlikely to come.
Station Casinos reports Q4 results
28 Feb 2007
Station Casino reports Q4 EBITDA of $141.5 million, an increase of 14% over the prior year's fourth quarter.
Station Casinos acquired by Fertitta Colony Partners
26 Feb 2007
Station Casinos, Inc. has entered into a definitive agreement with Fertitta Colony Partners LLC pursuant to which FCP has agreed to acquire all of Station's outstanding common stock for $90 per share in cash.
Station Casinos declares quarterly cash dividend
15 Feb 2007
Station Casinos, Inc. reports that its Board of Directors has declared a quarterly cash dividend of $0.2875 per share.
Station unit to buy land for tribal casino
5 Feb 2007
A subsidiary of Station Casinos has reached a settlement agreement to buy 305 acres in central California for development into an American Indian gaming and entertainment site.
Looking in on: Gaming
29 Jan 2007
Cooper Levenson has dominated the practice of gaming law on the East Coast, representing most of the casino companies doing business in New Jersey.
New benefit: Citizenship
29 Jan 2007
When Station Casinos began offering its employees a chance to participate in a citizenship assistance program, Teresa Cabrera and Antonio Valle jumped at the opportunity.
Group dislikes Station buyout bid
26 Jan 2007
A Washington, D.C.-based investment group affiliated with organized labor said Thursday it believes the management-led proposed buyout of Station Casinos undervalues the company and should be rejected by its board of directors.
Station Casinos expands Red Rock casino
12 Jan 2007
Red Rock Casino, Resort and Spa, the first billion-dollar resort to be built off the Las Vegas Strip, has expanded by adding more than 400 new guestrooms and suites, doubling its number of rooms since opening in April 2006.
Upgrading of Santa Fe cost equivalent of new property
28 Dec 2006
For the money Station Casinos has spent buying and remodeling the Santa Fe since it acquired the northwest Las Vegas property in 2000, the company could have built an entirely new
Looking in on: Gaming
5 Dec 2006
Harrah's Entertainment has delayed announcing details of its center-Strip redevelopment plans, pending a potential deal to take the company private.
Mergers and acquisitions: Station founders bid to take company private
5 Dec 2006
Some gaming analysts had a simple question in looking at the potential Station Casinos buyout: What's next?
Jeff Simpson on how Red Rock Resort is fulfilling Fertittas' lofty expectations for profitability
6 Nov 2006
Jeff Simpson hopes anyone who doubted the Brothers Fertitta when they ponied up almost a billion dollars to build their Red Rock Resort has come to his senses.
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