But potential buyers have signaled interest, Cootey said. “We have an unparalleled growth story that will allow us to double the size of our portfolio and position us to capitalize on the very favorable long-term demographic trends and high barriers to entry that characterize the Las Vegas locals market,” said Stephen Cootey, executive vice president, chief financial officer and treasurer of the company.Ĭompany leadership also said that it is still early in the sale process for Fiesta Henderson, Fiesta Rancho and Texas Station, which it plans to sell on the condition that a casino cannot take their place. In a second-quarter earnings call, executives said land acquisition on Las Vegas Boulevard South and a purchase agreement for land at Losee Road and the 215 Expressway in North Las Vegas - made public days after the decision to permanently close, demolish and sell Texas Station, Fiesta Henderson and Fiesta Rancho - are part of the company’s goal to strategically build Station Casinos properties in various growing corners of the Las Vegas Valley. Cannon/Las Vegas Review-Journal) real estate activity and plans to demolish and sell three shuttered properties are part of Red Rock Resorts’ long-term goal to “basically double” its portfolio by 2030, company executives said Tuesday. Red Rock Resorts President Scott Kreeger talks to a reporter during a media event at the construction site for Station Casinos’ newest project, Durango Casino & Resort, in the southwest Las Vegas Valley Friday, March 11, 2022.

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