Station Casinos Closing Several Properties
The pandemic challenged the gaming industry. And while Vegas has recovered nicely, Station Casinos has had to make some difficult choices. Now, the decision has been make to demolish three of their properties.
Texas Station, Fiesta Rancho and Fiesta Henderson have all been closed since the pandemic began. But as other casinos were able to reopen in the aftermath, those sites have remained shuttered. Their customers have moved on to new sites, making the ultimate decision to close them forever a simple one.
The land those casinos occupied was over 107 acres of prime real estate, which will be sold. Red Rock Resorts, Station Casinos parent company, said that it doesn’t make sense financially to keep the properties open.
Scott Kreeger, President of Station Casinos, said that the money from selling the casinos and their property would be used to invest in other company projects, and perhaps to open a new casino in North Las Vegas.
You may recall that Station Casinos is also building a $750 million resort, the Durango Casino, off the Strip in southwest Las Vegas. They’re also constructing a new Wildfire Casino in the Fremont Street area.
New expansion and casinos in Las Vegas are not restricted to Station. In fact, there are several new casinos being build in and all around Sin City. You can read all about these new Vegas Casinos right here on this website.