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Station Casinos News
Casino Earnings: A Scorcher for Station
20 Oct 2004
Giant locals gaming operator Station Casinos on Tuesday posted record earnings for the third quarter.
Profit Jumps at Station Casinos
19 Oct 2004
Strong revenue growth across Station Casinos Inc.'s locals casinos in Las Vegas boosted the company's profit by 47 percent in the third quarter, beating analysts' expectations, the company said today.
Station Casinos Q3 Results Up
19 Oct 2004
Station Casinos reports net revenues for Q3 were approximately $242.9 million, an increase of 11% compared to the prior year's third quarter. EBITDA for the quarter were $90.7 million, an increase of 19% compared to Q3 2003.
Analyst: Station Casino Deserves Higher Price
12 Oct 2004
News Brief: Station Casinos deserves a higher stock price because of its coming Red Rocks casino and Native American contracts, contends Harris Nesbitt Burns analyst Jeffrey Logsdon.
Acquisitions: Station Snaps Up Castaways
4 Oct 2004
Station Casinos emerged suddenly Friday as a surprise buyer of the Castaways even though the company hasn't decided whether to mothball or reopen the 50-year-old property.
Gaming Commission Hearing: Station Fined $2.2 Million
27 Sep 2004
The Nevada Gaming Commission on Friday approved a $2.2 million settlement of the 18-month-old case against Station Casinos for failing to file required anti-money laundering reports with the federal government.
Regulators Set to Fine Station Casinos $2.4 Million
24 Sep 2004
Station Casinos Inc. has agreed to pay $2.4 million in fines and investigatory costs to settle a financial reporting complaint from the state Gaming Control Board.
Station Casinos Boosts Outlook for Quarter
8 Sep 2004
Station Casinos Inc. officials said they expect the company's third-quarter profit to be stronger than expected based on the strength of the Las Vegas economy and revenue growth trends.
Concerns Raised Over Candidate's Help from Station Casinos
3 Sep 2004
Almost half of the contributions going to Democratic state Senate candidate Cedric Crear came from Station Casinos, its affiliates and its executives, according to new campaign finance reports.
Station Casinos Settles Surcharge Lawsuit
31 Aug 2004
Hundreds of thousands of people who stayed at Station Casinos Inc. hotels over the past several years have recently begun receiving coupons worth $3 and $2.50 as part of a $5.2 million settlement of a proposed class action lawsuit.
Gold Rush, Magic Star Deal Approved
15 Jul 2004
Nevada gaming regulators have approved Station Casinos' request to take over management at Henderson's Gold Rush and Magic Star casinos.
Station Casino Q2 Earnings Surge
15 Jul 2004
Station Casino’s ongoing strategy of buying up any and every prime locals gaming site it can obtain in Southern Nevada has paid off richly in recent months.
Station Casinos Q2 Results Up
14 Jul 2004
Station Casinos net revenues for Q2 were approximately $240.2 million, an increase of 14% compared to the prior year's quarter. EBITDA for the quarter was $93.4 million, an increase of 37% compared to the prior year's quarter.
Station Focuses on Valley's West Side
28 Jun 2004
Station Casinos Inc. recently sold a parcel of land along Boulder Highway and is negotiating to sell off a second parcel nearby, foregoing land for casino development on the east side of Las Vegas.
Gaming Executives Continue to Sell Shares
23 Jun 2004
Officers of major Las Vegas casino companies have sold a total of more than 2.7 million shares over the past couple of months, recent records show.
Harrah's Entertainment to Appeal Station Casinos Patent Ruling
22 Jun 2004
Harrah's Entertainment, Inc. said it plans to appeal a recent decision by the United States District Court for the District of Nevada granting a Station Casinos, Inc. motion for summary judgment in patent litigation between the two companies.
Station Helps Workers Buy Homes
18 Jun 2004
Station Casinos Inc., in a joint effort with housing finance giant Fannie Mae, is rolling out a program to help its workers buy homes in an effort by Station to attract and retain employees.
Notes' Returns Tied to Station Stock
11 Jun 2004
Wells Fargo & Co. has issued $63 million in 10-year notes whose return will be determined by the stock price of Las Vegas casino operator Station Casinos Inc.
Station Casinos Claims Key Patent Victory
25 May 2004
Station Casinos Inc. today said it won partial victories in a drawn-out patent dispute with Harrah's Entertainment Inc. that has implications for casinos nationwide.
Station Granted Judgment in Patent Lawsuit
25 May 2004
A Nevada court has granted Station Casino’s motion for summary judgment on Harrah's claims that Station Casino had infringed upon Harrah’s ‘National Customer Recognition System and Methods’ patents.
Building Exec Joins Station Casinos Board
20 May 2004
Veteran Nevada and California development executive Robert Lewis was appointed to the board of directors of Station Casinos Inc. of Las Vegas, the locals casino giant announced today.
Analysts: Station on Track
20 May 2004
Financial experts agree with Station Casino’s optimistic predictions and say that the company's aggressive growth prospects are attainable.
Station Casinos Plans High-Rise Resort
20 May 2004
tation Casinos has set its sights on developing a high-rise destination resort that will rival the Rio and the Palms as soon as work wraps up on its new Red Rock Station.
Station Casinos Files Trademark Lawsuits
12 May 2004
Las Vegas locals casino company Station Casinos Inc. has filed two federal "cybersquatting" lawsuits accusing two alleged Internet casino companies of trademark infringement.
Station Smashes Profit Forecasts
21 Apr 2004
Station Casinos on Tuesday posted record first-quarter adjusted earnings of 51 cents a share, an increase of 122 percent over the prior year's 23 cents a share on a comparable basis.
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