LAS VEGAS ( KLAS ) — Station Casinos executives have yet to say what their next move will be in developing a new resort in the Las Vegas valley.
If it were a horse race, Inspirada, Skye Canyon and property along Interstate 15 at Cactus Avenue would seem to be the favorites. But executives are in no hurry to name a frontrunner. The Cactus site is a “hybrid” location that would probably be a larger project than Inspirada , bringing the benefits of high growth and a location along Las Vegas Boulevard in the south valley.
“We’ve got a lot of irons in the fire in the first and second quarter,” Red Rock Resorts President Scott Kreeger said Thursday during the company’s third-quarter earnings call. Red Rock is the publicly traded parent company for Station Casinos. He said they would evaluate the market before deciding on its next direction.
Outside of Nevada, Stations is now building a $785 million resort north of Fresno, California. It’s a tribal casino known as North Fork, expected to open in 2026. Executives say nearly 6 million people live within two hours of the site.