Station Casinos, Inc.
News and overview for Station Casinos, Inc.
Station Casinos Announces Third Quarter Results [Press Release]
Business Wire | 8 days 7 hours 40 minutes ago
Station Casinos, Inc. ("Station" or the “Company") today announced the results of its operations for the third quarter ended September 30, 2009.
Report Shows Station Casinos Insiders, Not the Recession, Drove the Company into Bankruptcy: Labor Union Calls on Company Creditors to Demand Significant Equity Investment from Insiders [Press Release]
Business Wire | 5 days 5 hours 12 minutes ago
In light of the Chapter 11 bankruptcy of Station Casinos, Inc., the Culinary Workers Union Local 226 is calling on creditors to demand a significant equity investment by insiders, who have amassed over $1 billion from the company. According to an analysis released by the union, the company could have averted bankruptcy if not for the substantial debt it took on largely to enrich a small group of company insiders. The report examines how this debt enabled insiders to extract over a $1 billion ...
Station Casinos, lenders agree to rent decrease at 4 properties
Las Vegas Sun | 4 days 11 hours 4 minutes ago
Station Casinos Inc. and key lenders have reached an agreement to temporarily slash the rent that Station pays to lease from itself four of its most valuable hotel-casinos.
Creditors want to expand probe of Station Casinos deal
Las Vegas Sun | 5 days 8 hours ago
One day before a key hearing in Station Casinos Inc.'s bankruptcy case, a creditors committee has signaled its intention to widen an investigation into the 2007 deal in which the Las Vegas company was taken private for $5.7 billion.
Culinary Union statement critical of Station Casinos
Las Vegas Sun | 5 days 3 hours 57 minutes ago
The Culinary Union issued a statement Thursday critical of Station Casinos Inc. and called on creditors in its bankruptcy case to demand that Station insiders make a significant equity investment in the company.
Station Casinos wants to block competitor from seeing its financials
Las Vegas Sun | 12 days 23 minutes ago
Station Casinos Inc. of Las Vegas is asking its bankruptcy judge to reject efforts by competitor Boyd Gaming Corp. that Boyd have a look at Station's detailed financial information.
Station Casinos loss widens on reorganization costs
Las Vegas Sun | 8 days 11 hours 11 minutes ago
Las Vegas locals gaming leader Station Casinos Inc. today disclosed it incurred $370.7 million in costs related to its bankruptcy reorganization, driving a quarterly loss of $455.4 million.
Station Casinos wants more time to restructure finances
Las Vegas Sun | 29 days 8 hours 16 minutes ago
Company asks judge for four-month extension in Reno court filing
Independent Lenders Protest Ban on Station Casinos Trades
Wall Street Journal, The | 13 days 6 hours 31 minutes ago
Getty Images Fireworks explode during the grand opening of Station Casinos’ Red Rock Casino on April 18, 2006 in Las Vegas.
Boyd advances effort to acquire Station Casinos assets
Las Vegas Sun | 23 days 3 hours 30 minutes ago
Sunday filing shows Boyd backs lenders seeking a look into finances
Healthy Fast Food Announces Grand Opening of New U-Swirl(R) Frozen Yogurt Store at Green Valley Ranch Resort [Press Release]
PRNewswire | 62 days 15 hours 18 minutes ago
...subsidiary of Healthy Fast Food, Inc. , the owner and franchisor of...Nevada. Founded in 1976, Station Casinos, Inc. is the leading provider of gaming...and race and sports wagering. Station owns and operates Red Rock Casino...
Creditors press for independent examiner in Station bankruptcy
Las Vegas Sun | 13 days 16 hours 26 minutes ago
Ongoing disputes between Station Casinos Inc. and two groups of creditors continued with more bankruptcy court legal maneuvering this week.
Lenders with mortgage want to give Station more time to plan reorganization
Las Vegas Sun | 12 days 17 hours 25 minutes ago
Additional Station Casinos Inc. lenders have weighed in on the Las Vegas company's request that it be allowed an extra four months to exclusively propose a plan of reorganization.
BANKRUPTCY WEEK AHEAD: Station Casinos' Lenders Seek Probe
Wall Street Journal, The | 11 days 10 hours 19 minutes ago
Of DOW JONES NEWSWIRES On Friday, a group of Station Casinos Inc.'s senior lenders will ask the Reno, Nev., bankruptcy court to launch an investigation into whether the company's executives and key backer Deutsche Bank AG (DB) are using the Chapter 11 process for their own benefit at the lenders' expense.
Thunder Valley operator's Q3 loss tops $455M
American City Business Journals | 8 days 39 minutes ago
The company that manages Thunder Valley Casino, Las Vegas-based Station Casinos Inc.
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Company Overview
| Company: | Station Casinos, Inc. |
|---|---|
| Industry: | Gambling Resorts & Casinos |
| Website: | http://www.stationcasinos.com |
When the train pulls out of this station, you might find you've left a little money behind. Station Casinos owns and operates nearly 20 casinos and hotel casinos. Properties include 50% interests in Green Valley Ranch Resort Spa Casino, Barley's Casino & Brewing Company, The Greens Gaming and Dining, and Wildfire Lanes and Casino. The company additionally manages the Thunder Valley Casino in Sacramento, California for the United Auburn Indian Community. Investment firms Eurazeo and Colony Capital, along with Frank Fertitta III (CEO) and his brother Lorenzo (president), own the company. Struggling with a heavy debt load, in 2009 Station Casinos filed for Chapter 11.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,298.2 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | -375.6 (2007) |
| One-year % Growth in Net Income | 0.0 (2007) |
| Number of Employees | 13,400 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |