Concurrently, eight miles away, construction continues on Station’s $750 million Durango casino resort. The locals-focused company intends to sell the land beneath them, a move unveiled in July, which was shortly after followed by another announcement: the $172.4 million purchase of 126 acres at the southwest corner of Las Vegas Boulevard and Cactus Avenue.Īnother announcement followed with the plan to demolish a fourth property, Wild Wild West on Tropicana Avenue, with the intention to redevelop the 260-room hotel-casino west of Interstate 15. The move also comes as Station works on demolishing a number of properties that have remained shuttered since the pandemic: Fiesta Henderson, Fiesta Rancho, and Texas Station. The company has begun executing on its new roadmap, shortly after Frank Fertitta III of Red Rock Resorts –Station Casinos’ parent company- told investors at a second-quarter earnings call they expect to “basically double the size” of the firm’s portfolio by the end of the decade. Station Casinos is going all-in on its ambitions for the Nevada gaming market, with plans to double its footprint in the Las Vegas Valley by 2030 and six projects in the works.
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