In November 1985, the company bought the Mini-Price Motel. Fertitta III joined the company as a vice-president and director. In April 1984, the property tripled in size again, adding more casino space, along with upgrades of the restaurant and buffet and the addition of banquet/meeting rooms on a second floor. The name was changed to the Palace Station in 1983. In 1981, a new Bingo room was built, and the facility was a full-scale casino. Fertitta, Jr., one of the original founders, bought out his three partners, becoming the sole owner. The facility became The Casino and Bingo Palace.īy April 1978, the facility had tripled in size to 60,000 square feet, including more casino space, a new restaurant and buffet, another new Bingo room, and a sports facility. The first addition came in July 1977 when a Bingo parlor was added, bringing 15,000 more square feet of space, including an 8,000-square-foot Bingo room, 300 more slot machines, an enlarged buffet, a Keno game, and the property's first full-service restaurant. Through incremental additions and significant expansion projects, the Palace Station, located at the intersection of Interstate 15 and Sahara Avenue, grew. Incorporated in Las Vegas, Nevada, in 1976, the company had as its first facility and foundation The Casino (now known as the Palace Station Hotel & Casino), which opened initially as a 5,000-square-foot facility with 100 slot machines, six table games (four of them Blackjack), a small bar, and a buffet next door to the Mini-Price Motel. Fertitta, vice-chairman and president, planned to acquire the company in conjunction with real estate investment firm Colony Capital Acquisitions LLC. Fertitta III, chairman and CEO, and Lorenzo J.

However, in early 2007 the company announced its intentions to be taken private in a management-led buyout. Frequently cited as one of Fortune magazine's Top 100 Companies to Work For, the company is publicly traded on the New York Stock Exchange. Station Casinos, Inc., is a leading gaming and entertainment company, operating numerous casinos and hotels in the Las Vegas area, while also managing a casino in California that is owned by the United Auburn Indian Community. Public Company Incorporated: 1976 Employees: 14,000 Sales: $1.34 billion (2006) Stock Exchanges: New York Ticker Symbol: STN NAIC: 721120 Casino Hotels 722110 Full-Service Restaurants 722410 Drinking Places (Alcoholic Beverages) 2411 West Sahara Avenue Las Vegas, Nevada 89102 U.S.A.

Locations of station casinos