Station Casinos has long targeted Las Vegas locals with its nine properties in Southern Nevada. The continued migration of Californians to Nevada renders the Durango development attractive. Officially called Durango, A Station Casinos Resort, the $750 million undertaking is being built on 71 acres of vacant land on Durango Drive at the 215 Beltway.įertitta reasoned of the investment that Las Vegas’ gaming industry has rebounded nicely from the pandemic. (Image: Las Vegas Review-Journal)ĭuring RRR’s first-quarter earnings call with investors and analysts, Fertitta, who controls Station Casinos and Red Rock Resorts with his brother, Lorenzo, detailed the firm’s Durango project in Las Vegas. The forthcoming casino is slated to open in late 2023. Station Casinos readies a ceremonial groundbreaking of its Durango casino resort in the southwestern part of the Las Vegas Valley in March of 2022.
But that didn’t subdue billionaire Frank Fertitta III’s enthusiasm regarding the firm’s next investment in Southern Nevada.
Station Casinos’ publicly traded subsidiary Red Rock Resorts (RRR) missed Wall Street earnings estimates this week.
