LAS VEGAS (KSNV) — Station Casinos capped its 50th anniversary celebration in Las Vegas with a surprise stock award valued at more than $70 million for nearly 10,000 eligible full- and part-time team members.
During a 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, announced that team members employed as of Wednesday will receive $1,000 in Red Rock Resorts Class A stock for every year of service.
“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,” Frank Fertitta III said. “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.”…