Station Casinos

Station Casinos optimistic despite losses in first quarter: Tuesday, May 14, 2013; By Richard N. Velotta; Station Casinos is banking on moves it made in the first three months of the year to reverse the company’s fortunes after reporting a net loss of $142.2 million for the first quarter that ended March 31.

Las Vegan wins first real-money online poker tourney in U.S.: Thursday, May 9, 2013; By Ed Komenda; A winner has been crowned in the first ever real-money online poker tournament in the United States.

A screen shot of the new Ultimate Poker game being launched on Facebook Friday, June 22, 2012, by Las Vegas company Fertitta Interactive as seen demonstrated on Tuesday, June 19, 2012.

Station Casinos says it knows Ultimate Poker has shortcomings, but being first was more important: Thursday, May 9, 2013; By Paul Delos Santos; To the experienced online poker player, Station Casinos' Ultimate Poker website can feel like a trip back to the Stone Age. Players have complained about the software, interface and speed. Station officials say they are aware of the criticism and are working to improve the site. Despite the glitches, they met their goal: being the first legal, real-money poker site in the country. In fact, Station executives say some of the shortcomings may help them.

Online poker: The perks and pitfalls of being first in the country: Wednesday, May 1, 2013; By Ed Komenda; The race to roll out the first legal, real-money poker website in the United States is over — and it ended in Nevada. Station Casinos on Tuesday launched a 30-day trial of UltimatePoker.com, which allows in-state gamblers to play online poker from computers or mobile devices. “It’s a new day in online gaming,” Ultimate Poker Chairman and Founder Tom Breitling said. “Nevada is first, and Nevada should be proud.”

Online poker back: Legal site launches today in Las Vegas: Tuesday, April 30, 2013; From staff and wire reports; A Las Vegas-based social gambling company says it will launch the first legal, real-money poker website in the United States.

Station Casinos wins approval for Internet poker venture: Thursday, April 18, 2013; By Cy Ryan; The Nevada Gaming Commission on Thursday cleared Station Casinos to develop and operate its own Internet poker system after getting assurances there will be no money laundering or underage betting.

Local clergy side with union in battle with Station Casinos: Labor:; Thursday, April 4, 2013; By Ed Komenda; Local clergy members have published a letter addressed to Station Casinos urging the company to play along with the Culinary Union’s efforts to organize. “We have met with workers from Station Casinos, heard their cries for justice, and we cannot stand by idly,” the letter reads. It was written March 29 and signed by more than 80 members of Clergy and Laity United for Economic Justice. “We pray you soften your hearts, hear your workers, and agree to a fair process.”

Fertitta Interactive wants to include Breitling in ownership: Wednesday, April 3, 2013; By Richard N. Velotta; The state Gaming Control Board conducted its monthly meeting today in Carson City.

Antonio Esfandiari plays in the Main Event of the World Series of Poker at the Rio in Las Vegas on Thursday, July 12, 2012.

Antonio ‘The Magician’ Esfandiari ambassador for Ultimate Poker: Tuesday, April 2, 2013; By Ed Komenda; The Magician has become ambassador. Antonio Esfandiari, a two-time World Poker Tour champion, has signed with Stations Casino-owned Ultimate Poker to promote its website as a brand ambassador, the company announced Tuesday.

Academy of Country Music names Red Rock Casino of the Year: Tuesday, March 26, 2013; By Ed Komenda; Red Rock Resort has been named Casino of the Year by the Academy of Country Music.

Station Casinos ends year in black, despite $7.9 million 4th-quarter loss: Tuesday, March 19, 2013; By Richard N. Velotta; Station Casinos LLC endured a sluggish fourth quarter to complete 2012 in the black, the company announced today.

Tourists play video poker at Green Valley Ranch Resort in Henderson. Owner Station Casinos led the locals market in profits during the third quarter of 2012.

Station Casinos eliminates many of its highest-paying video poker machines: Friday, March 1, 2013; By Ron Sylvester; Station Casinos is updating its video poker offerings with new machines that let players customize backgrounds and the way cards are dealt. But at the same time, the casino company is removing many of its highest-paying video poker games. For years, Station has been known for having some of the best video poker payouts in Las Vegas. But over the past few months, several full-pay machines — those with payouts of 100 percent or more — have disappeared.

Security officers at the Flamingo give instructions to tourists near the site of a shooting and multi-car accident that left three people dead and at least three injured on the Las Vegas Strip early Thursday morning, Feb. 21, 2013. Most tourists had already heard about the shooting by the afternoon but needed directions on how to navigate around the crime scene.

Will tourists agree with officials' assurances that Las Vegas is safe?: Tourism:; Tuesday, February 26, 2013; By Richard N. Velotta; While police continue to search for a suspect in last week's shooting and taxi explosion that killed three people on the Strip, the question remains: Will the violence discourage people from coming to Las Vegas? Most tourism leaders say it won’t, and a local expert in crisis communications said the Las Vegas Convention and Visitors Authority did all the right things to assure the public that Las Vegas is a safe place to visit.

Celebrity preview: Human Nature, Bonnie Raitt, Ray Rice, Circus Oz and Lee DeWyze: Friday, February 22, 2013; By Don Chareunsy; Also in Las Vegas this weekend: Marilyn Manson, 1OAK turns 1, Tim McGraw and Faith Hill, Natalie Cole, Brandi Glanville, Dave Attell, Tim Allen and much more.

Chef Flemming Pedersen poses by a rack of cupcakes at Chef Flemmings Bake Shop, a European-style bakery, on Water Street in downtown Henderson Thursday, Dec. 20, 2012.

Henderson business owner finds fulfillment in sweets, sweet science: Community:; Saturday, January 26, 2013; By William D'Urso; Every once in a while, as he kneads dough in his Henderson bakery, Flemming Pedersen thinks back to his days as a boxer and how he pummeled and punched his way toward respect in pugilistic exploits that crossed continents. Now and then, he remembers when he was young and strong, and sometimes, he dreams of the opportunities he missed.

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Station Casinos company info

110011 W. Charleston Blvd.
Las Vegas, NV 89135
367-2411
www.StationCasinos.com
Public or private: Private
Year founded: 1976
Properties owned in Nevada:
Palace Station, Las Vegas
Red Rock Resort, Las Vegas
Green Valley Ranch, Henderson
Sunset Station, Henderson
Boulder Station, Las Vegas
Wild Wild West, Las Vegas
Fiesta Henderson, Henderson
Texas Station, Las Vegas
Aliante Station, North Las Vegas
Santa Fe Station, Las Vegas
Fiesta Rancho, North Las Vegas
Wildfire Rancho, Las Vegas
Wildfire Boulder Highway, Henderson
Wildfire Casino and Lanes, Henderson
Barley's Casino and Brewing Co.
The Greens Gaming and Dining, Henderson
Lake Mead Casino, Henderson
Gold Rush Casino, Henderson
Top executives and salaries:
Frank Fertitta III, Chairman, president and CEO. Total compensation*: $3.4M, Base salary: $2.3M, Bonuses**: $0, Gains from options/stocks: $0
Thomas Friel, Exec.VP, chief accounting officer and treasurer. Total compensation: $610K, Base salary: $450K, Bonuses: $125K, Gains from options/stocks: $0
Richard Haskins, Exec. VP, general counsel and secretary.Total compensation: $630K, Base salary: $594K, Bonuses: $0, Gains from options/stocks: $0
Kevin Kelley, Exec. VP and chief operating officer. Total compensation: $1.5M, Base salary: $1K, Bonuses: $500K, Gains from options/stocks: $0
Scott Nielson, Exec. VP and chief development officer. Total compensation: $975K, Base salary: $864K, Bonuses: $0, Gains from options/stocks: $0
Amounts as of Dec. 31, 2008. *Total Compensation = Salary + Bonus + Nonequity Incentive Plan Compensation + Change in Value of Pension and Deferred Compensation + All Other Compensation + Value Realized on Vesting of Restricted Stocks + Value Realized on Exercise of Options. **Bonuses include bonuses and cash payments based on performance.
More resources
SEC filings