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Red Rock Resorts Company Profile

Red Rock Resorts is a leading gaming, development and management company operating 22 strategically-located casino and entertainment properties. It has developed over $5 billion of regional gaming and entertainment destinations in multiple jurisdictions. In addition, it manages Native American gaming facilities in northern California and western Michigan.

The company began operations in 1976 with a 5,000 square foot casino featuring 100 slot machines and has grown through development and acquisitions to become a premier provider of gaming and entertainment for residents of the Las Vegas regional market and visitors. Its Las Vegas portfolio includes ten major gaming and entertainment facilities and ten smaller casinos (three of which are 50% owned), offering approximately 20,300 slot machines, 350 table games and 4,750 hotel rooms. Its Las Vegas properties are broadly distributed throughout the market and easily accessible, with over 90% of the Las Vegas population located within five miles of one of our gaming facilities. The company also controls seven gaming-entitled development sites consisting of approximately 398 acres in Las Vegas and Reno, Nevada

Station Casinos History

1976: A property called "The Casino" opens in Las Vegas as a 5,000 square-foot facility with 100 slot machines and six gaming tables, it later adds bingo and becomes known as "Bingo Palace"

1983: Bingo Palace, after several expansions, becomes "Palace Station" (1)

1991: Major expansion project, including a hotel tower, at Palace Station completed

1993: Station Casinos conducts an IPO and becomes a publicly-traded company

1994: Boulder Station opens on Boulder Highway in Las Vegas

1994: Station Casino St, Charles (Missouri) opens

1995: Entertainment complex opens at Boulder Station

1995: Station acquires the Texas Gambling Hall and Hotel on Rancho Drive in Las Vegas, renames it Texas Station

1996: Barley's, a Henderson, Nevada brewpub and casino in which Station owns a 50% interest, opens

1997: Sunset Station opens on Sunset Road in Henderson

1997: Station Casino Kansas City (Missouri), opens with two continuously-docked gaming vessels and a land-based entertainment, lodging, and dining facility

1998: Station acquires the Wild Wild West casino and truck plaza on Tropicana Avenue in Las Vegas

1999: Expansion project at Sunset Station completed

2000: Station sold its casinos in Kansas City and St. Charles Missouri to Ameristar Casinos

2000: Station acquires the Sante Fe Hotel and Casino on Rancho Drive in Las Vegas and rebrands it Sante Fe Station

2001: Station purchases the Fiesta Casino Hotel on Rancho Drive in Las Vegas, rebrands it the Fiesta Rancho

2001: Station acquires the Reserve casino (Henderson, Nevada) from Ameristar, and rebrands it the Fiesta Henderson

2001: Green Valley Ranch, a 50% joint venture with GCR Gaming, opens in Las Vegas; Station manages the casino as well

2001: Expansion project at Santa Fe Station completed

2003: Station builds and manages the Thunder Valley Casino near Sacramento; it is owned by the United Auburn Indian Community

2004: Station purchases the closed Castaways Hotel Casino (formerly the Showboat) in Las Vegas, and later demolishes it

2006: Red Rock opens in the Summerlin area of Las Vegas

2007: In a leveraged buyout, Station Casinos is taken private by Ferritta Colony Partners

2008: Aliante Station opens in North Las Vegas

2009: In July, Station Casinos files for bankruptcy

2010: Station's management of Thunder Lake ended

2011: In March, Aliante Station turned over to lenders; Station continues to manage the property

2011: In June, Station Casinos emerges from bankruptcy

2012: Station ends its maangement of Aliante Station, which is renamed "Aliante"

2016: Red Rock Resorts, corporate parent of Station Casinos, goes public on NASDAQ under the symbol RRR

2016: Red Rock Resorts acquires the Palms

Station Casinos : Current Properties

Las Vegas, Nevada

Palace Station Hotel and Casino

Boulder Station Hotel and Casino

Texas Station Gambling Hall and Hotel; Sunset Station Hotel and Casino

Santa Fe Station Hotel and Casino

Fiesta Rancho Casino Hotel

Green Valley Ranch Resort Spa Casino (50% interest, managers)

Red Rock Casino Resort and Spa

Wild Wild West Gambling Hall and Hotel

Wildfire Casino

 

Henderson, Nevada

Fiesta Henderson Casino Hotel

Sunset Station

Magic Star Casino

Gold Rush Casino

Barley's Casino and Brewing Company (50% interest)

The Greens Gaming and Dining (50% interest)

 

Rohnert Park, California

Graton Resort and Casino (management)

 

Wayland, Michigan

Gun Lake Casino (management)

Red Rock Resorts: Financial Info online

Publicly-accessible sites

Google Finance profile

Yahoo company profile

Station Casinos Investor Relations (before 2016)

Red Rock Resorts Investor Relations (2016 and after)

SEC filings (Station Casinos Site) | SEC filings (Red Rock Resorts)

For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students.


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Last modified Monday, 12-Dec-2016 15:53:52 PST