Station Casinos LLC, a gaming and entertainment company, develops and operates casino entertainment facilities in the United States. It owns and operates 9 hotel/casino properties under the Red Rock, Green Valley Ranch, Station, and Fiesta brands; and 10 smaller casino properties in the Las Vegas metropolitan area. The company also manages Graton Resort & Casino in Sonoma County, California; and Gun Lake Casino in Allegan County in southwestern Michigan. Station Casinos LLC was founded in 1976 and is based in Las Vegas, Nevada.
1505 South Pavilion Center Drive
Las Vegas, NV 89135
Founded in 1976
Station Casinos LLC Announces Consent Solicitation for 7.50% Senior Notes Due 2021
Mar 18 15
Station Casinos LLC announced that it is soliciting consents from holders of its outstanding 7.50% Senior Notes due 2021 to approve an amendment (the Proposed Amendment) to the Restricted Payments covenant contained in the indenture relating to the Notes (the Indenture) to allow the Company to make a special distribution to its members. The company will make a cash payment (the Consent Payment) of $15 per $1,000 in aggregate principal amount of notes held by each holder of the Notes as of the Record Date who has validly delivered a duly executed consent at or prior to the Expiration Time and who has not revoked the consent in accordance with the procedures described in the Consent Solicitation Statement. The Consent Payment will be paid concurrently with the consummation of the proposed offering of approximately $300.0 million of additional Notes to be issued under the Indenture and is subject to the conditions described in the Consent Solicitation Documents. Adoption of the Proposed Amendment requires the consent of the holders of at least a majority of the aggregate principal amount of all outstanding Notes voting as a single class (such consent, the Requisite Consents). The aggregate outstanding principal amount of the Notes as of March 17, 2015 was $500,000,000.
Station Casinos LLC Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015
Feb 28 15
Station Casinos LLC Presents at J.P. Morgan Gaming, Lodging, Restaurent & Leisure Management Acess Forum, Mar-05-2015 . Venue: Wynn Las Vegas, Las Vegas, Nevada, United States. Speakers: Marc J. Falcone, Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer.
Station Casinos LLC Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 17 15
Station Casinos LLC reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenues of $333,736,000 compared to $326,546,000 a year ago. Operating income was $70,620,000 compared to $61,843,000 a year ago. Net income attributable to the company was $33,484,000 compared to $33,766,000 a year ago. Adjusted EBITDAM was $115,919,000 compared to $109,224,000 a year ago. Capital expenditures in the quarter were $31 million.
For the year, the company reported net revenues of $1,291,616,000 compared to $1,256,137,000 a year ago. Operating income was $219,842,000 compared to $205,283,000 a year ago. Net income attributable to the company was $83,281,000 compared to net loss attributable to the company of $104,426,000 a year ago. Adjusted EBITDAM was $420,689,000 compared to $385,449,000 a year ago. Capital expenditures were $103 million.