Station Casinos' IPO nets more than USD 500M

Station Casinos' IPO raised some money for the company – more than half a billion dollars.

2016-04-28

Reading time 17 seg

Station Casinos' IPO raised some money for the company – more than half a billion dollars.

Vegas Inc. reports the company, which went public Wednesday, raised $531 million.

Red Rock Casinos – the name the company is trading under – also plans to buy the company the Fertitta family owned that ran the management of Station Casinos for over $400 million.

The Fertitta brothers will get around $110 million each after that sale.

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Partnership expansion

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SPORTS BETTING

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