Fertitta: Four closed Station Casinos properties might not reopen

vegasinc.lasvegassun.com
2 min read
fairly difficult
Four Station Casinos properties in Southern Nevada that have been closed since mid-March out of pandemic concerns might not reopen, said Frank Fertitta III, CEO and chairman of the board of directors for Red Rock Resorts, the parent company of Station Casinos.
Fertitta: Four closed Station Casinos properties might not reopen



On June 4, the company reopened more than a dozen properties after nearly 80 days of closures out of coronavirus concerns. But the Palms, Texas Station, Fiesta Rancho and Fiesta Henderson remained closed.

"We don't know if or when we're going to reopen any of the closed properties," Fertitta said. "We think it's too early to make that decision."

Fertitta made his comments Tuesday during a quarterly company earnings call. For the three-month period that ended June 30, Station reported net revenue of just over $108 million, down nearly 76% from the same quarter in 2019.

Considering the difficult economic conditions for casino operators — people…
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