Station Casinos, Inc.

When the train pulls out of this station, you might find you've left some money behind. Station Casinos owns and operates nearly 20 casinos and hotel casinos that cater primarily to local Las Vegas area residents. Most operate under the Station and Fiesta brand names, and feature gaming, restaurants, and entertainment options.  Included in its holdings are Green Valley Ranch Resort, Red Rock Resort, and Palace Station.  Frank Fertitta III (chairman and CEO) and his brother Lorenzo (vice chairman), sons of Station Casinos founder Frank Fertitta Jr., own the biggest share of the company.

Sales and Marketing

While Station Casinos' Vegas properties are all much smaller than the glitzy operations on the Las Vegas Strip, the company focuses on local gamblers, a market the company feels is a more stable business than relying on the tourist trade.

Station Casinos spent about $21 million on advertising during fiscal 2013.

Financial Performance

The company's total annual revenue grew by 2.6% in fiscal 2013 compared to the previous year. The growth was primarily a result of the addition of management fees from Graton Resort, which opened in late 2013, and revenues from Fertitta Interactive, which commenced online gaming operations in Nevada and New Jersey in April 2013 and November 2013, respectively.

However, even with the bump in revenue, Station Casinos slumped to a net loss in fiscal 2013 largely because of expenses related to property management agreements and debt.

The company's cash flow increased by more than $22 million in fiscal 2013 compared to the prior year as a result of its increased annual revenue.

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Station Casinos, Inc.


1505 S Pavilion Center Dr
Las Vegas, NV 89135-1403
Phone: 1 (702) 495-3000
www.stationcasinos.com

STATS


  • Employer Type: Private
  • Chairman and CEO: Frank Fertitta
  • EVP, CFO and Treasurer: Marc Falcone
  • Chairman and CEO: Frank Fertitta

Major Office Locations

  • Las Vegas, NV

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