The Ownership Story of Red Rock Casino in Las Vegas

Red Rock Casino, Resort & Spa, nestled in the scenic Red Rock Canyon, has become a beacon of luxury and entertainment in Las Vegas. The casino's ownership journey reflects the dynamic nature of the gaming industry and the strategic decisions made by its proprietors. This article delves into the fascinating tale of who owns Red Rock Casino in Las Vegas.

1. Red Rock Casino's Ownership Background

Red Rock Casino was initially owned by Station Casinos, a company founded by Frank Fertitta III and Lorenzo Fertitta. The brothers purchased the property in 2006 and began its transformation into a world-class resort. Over the years, the casino has gained a reputation for its stunning architecture, exceptional service, and diverse gaming options.

2. Station Casinos and the Fertitta Brothers

Station Casinos, founded in 1976, has grown to become one of the largest gaming companies in Nevada. The Fertitta brothers, who took over the company in the 1990s, have been instrumental in its expansion and success. Their strategic vision and relentless pursuit of excellence have allowed Station Casinos to thrive in the competitive gaming industry.

3. The Acquisition of Red Rock Casino

In 2010, Station Casinos sold Red Rock Casino to Station Casinos LLC, a subsidiary of Station Casinos. This move allowed the company to focus on its other properties while maintaining a stake in the prestigious Red Rock Casino. The acquisition was a testament to the casino's value and potential for growth.

4. MGM Resorts International and the Red Rock Casino

In 2013, MGM Resorts International acquired Station Casinos, including the Red Rock Casino. This merger brought together two industry giants and marked a new chapter in the casino's history. MGM Resorts, known for its extensive portfolio of luxury resorts and entertainment venues, brought additional resources and expertise to Red Rock Casino.

5. Red Rock Casino's Current Ownership

As of now, MGM Resorts International owns Red Rock Casino. The company has continued to invest in the property, expanding its amenities and enhancing the guest experience. Under MGM Resorts' ownership, Red Rock Casino has maintained its status as a premier destination in Las Vegas.

6. The Impact of Ownership on Red Rock Casino

The ownership of Red Rock Casino has had a significant impact on its growth and development. The strategic decisions made by Station Casinos and MGM Resorts have contributed to the casino's success. Some key factors include:

a. Expansion: Red Rock Casino has undergone several expansions, adding new amenities such as the Spa at Red Rock, additional hotel rooms, and dining options.

b. Quality: The ownership has ensured that Red Rock Casino maintains high standards of quality and service, attracting both locals and tourists.

c. Entertainment: The casino has hosted numerous events and concerts, bringing world-class entertainment to Las Vegas.

7. The Future of Red Rock Casino

With MGM Resorts International at the helm, the future of Red Rock Casino looks promising. The company is committed to investing in the property, ensuring that it remains a leading destination in Las Vegas. Potential future developments may include:

a. Additional amenities: The casino may continue to expand its amenities, offering guests even more reasons to visit.

b. Entertainment: Red Rock Casino may host even more high-profile events and concerts, solidifying its reputation as a premier entertainment venue.

c. Sustainability: MGM Resorts is known for its commitment to sustainability. The company may implement eco-friendly initiatives at Red Rock Casino, further enhancing its reputation.

Questions and Answers:

1. Q: How long has Red Rock Casino been in operation?

A: Red Rock Casino was opened in 2008.

2. Q: What makes Red Rock Casino unique among other Las Vegas casinos?

A: Red Rock Casino stands out for its stunning architecture, exceptional service, and diverse gaming options, including a world-class spa and resort.

3. Q: How many hotel rooms does Red Rock Casino have?

A: Red Rock Casino has over 700 hotel rooms, offering guests a luxurious stay.

4. Q: What is the most popular event held at Red Rock Casino?

A: The Red Rock Resort's annual concert series, which features top-tier artists, is one of the most popular events held at the casino.

5. Q: How has the ownership of Red Rock Casino changed over the years?

A: Red Rock Casino was initially owned by Station Casinos, which was later acquired by MGM Resorts International in 2013.