STATION CASINOS AWARDS TEAM MEMBERS MORE THAN $70 MILLION IN RED ROCK RESORTS STOCK AS PART OF 50TH ANNIVERSARY CELEBRATION

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Sep 09, 2026, 22:56 ET

Surprise award recognizes nearly 10,000 eligible full- and part-time Team Members With $1,000 in stock for every year of service

Link to Photos & B-roll HERE

LAS VEGAS, Sept. 9, 2026 /PRNewswire/ -- Station Casinos marked the culmination of its 50th anniversary celebration today by announcing an incredible stock award valued at more than $70 million for its nearly 10,000 full and part-time Team Members across the company. During a surprise ceremony at Red Rock Casino Resort & Spa, Frank Fertitta III, Chairman and CEO of Red Rock Resorts, and Lorenzo Fertitta, Vice Chairman of Red Rock Resorts, revealed to a ballroom full of Team Members that those employed as of Wednesday, Sept. 9, will receive $1,000 in Red Rock Resorts Class A stock for every year of service.

Vice Chairman of Red Rock Resorts Lorenzo Fertitta and Chairman and CEO of Red Rock Resorts Frank Fertitta, III pose onstage during Station Casinos anniversary event. Over $70 million of Red Rock Resorts stock were given to its nearly 10,000 team members in celebration of the company's 50th anniversary on September 09, 2026 in Las Vegas, Nevada. (Photo by Denise Truscello/Getty Images for Station Casinos)

Long-Term Station Casinos Team Members from the 1970s Receive $1,000 Worth of Red Rock Resorts Stock for Every Year Worked at the Company. Left to Right: Barbara Alexander, Somnuk “Nick” Kountapanya, Frank Fertitta III, Bernice Boykin, Elizabeth Tyler, Paula Barrett, Lorenzo Fertitta.

"Our father founded this company on a few simple principles: serve the local community, deliver great value, and most importantly, take care of our Team Members," said Frank Fertitta, III Chairman and CEO of Red Rock Resorts. "This award reflects those values and recognizes the people who have brought them to life every day for the past 50 years. As we celebrate this milestone and look ahead to the next 50 years, we are grateful for everything our Team Members have done to make Station Casinos the local favorite."

"Our Team Members are at the heart of everything we do. For 50 years, they have built lasting relationships with our guests and forged the connections to the Las Vegas community that define who we are," said Lorenzo Fertitta, Vice Chairman of Red Rock Resorts. "This $70 million award is more than a recognition of their contributions, it is an investment in our nearly 10,000 Team Members, whose dedication and commitment we are deeply thankful for."

The award recognizes the contributions of nearly 10,000 Station Casinos Team Members, the majority of which are based in Southern Nevada, and reflects the company's longstanding commitment to its workforce. The celebration recognized some of the Company's longest tenured Team Members from the 1970's including Ida Johnson, who began her career with the company in 1977 and received $49,000 worth of stock. In total seven Team Members from the 1970's who began their career at Bingo Palace and still work for the company today, each received over $45,000 worth of equity in the company.

The milestone celebration also paid tribute to company founder Frank Fertitta Jr., Station Casinos' history in Las Vegas and the Team Members who have helped shape the company over the past five decades. Continuously named one of Nevada's premier employers, Station Casinos has been recognized by Forbes, Newsweek, Great Places to Work and Top Workplaces in surveys conducted by its own Team Members.

Altogether, the stock grants total more than $70 million in Red Rock Resorts Class A stock, with Team Members able to receive their shares beginning Monday, Sept. 14.

Station Casinos launched its 50th anniversary celebration on Wednesday, July 1 at Palace Station, where its story began, with a fireworks and drone show and the debut of its new brand identity and "From Vegas, For Vegas, Always Vegas" campaign. Anniversary programming continued across the Las Vegas Valley throughout the summer with live entertainment, commemorative gaming and food and beverage offerings, vintage photo booths, Team Member appreciation events and community volunteer initiatives and culminated with today's celebration.

Additional images can be found on Getty Images. To learn more about Station Casinos' 50th anniversary, visit www.stationcasinos.com/50th.

About Station Casinos

Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling, and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Casino & Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire on Fremont, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, Wildfire Fremont, and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes, and The Greens. The Company recently introduced Seventy Six Taverns to the Valley.