Station Casinos are owned and operated by Red Rock Resorts, Inc., a publicly traded company. A significant ownership stake in Red Rock Resorts, Inc.—approximately 48%—is held by Frank Fertitta III and Lorenzo Fertitta, who are the co-founders.
Understanding the Ownership Structure
Red Rock Resorts, Inc. serves as the parent company for Station Casinos, overseeing its various properties and operations. The Fertitta brothers, through their substantial ownership, maintain significant control and influence over the direction of the company. Red Rock Resorts, Inc. itself is described as operating as a joint venture in its company structure.
Here's a snapshot of key information about Red Rock Resorts, Inc., which encompasses the Station Casinos brand:
- Parent Company: Red Rock Resorts, Inc.
- Primary Owners (Stake in Red Rock Resorts, Inc.): Frank Fertitta III & Lorenzo Fertitta (48%)
- Total Assets (2023): Approximately $4.0 billion
- Number of Employees (2024): 9,385
- Notable Divisions: Wildfire Gaming
This structure means that while Red Rock Resorts, Inc. is the corporate entity responsible for Station Casinos, the Fertitta family retains a powerful controlling interest, linking them directly to the ownership of the popular casino chain.
| Aspect | Detail |
|---|---|
| Owner (Operating Co.) | Red Rock Resorts, Inc. |
| Significant Shareholders | Frank Fertitta III & Lorenzo Fertitta (48%) |
| Total Assets (2023) | $4.0 billion |
| Employees (2024) | 9,385 |
| Key Division | Wildfire Gaming |
For more detailed information, you can refer to the Station Casinos Wikipedia page which redirects to Red Rock Resorts, Inc.
