Station Casinos is looking to double its portfolio by 2030. Although the company recently purchased around 126 acres of land last month, they are already looking to expand. According to the Las Vegas Review-Journal, Station Casinos are in the process of acquiring about 70 acres in the North Las Vegas area. Earlier this year, Station Casinos announced that Texas Station, Fiesta Rancho, and Fiesta Henderson would be demolished and sold for the land. Stephen Cootey, the chief financial officer of Station parent Red Rock Resorts, told the Las Vegas Review-Journal that the three properties are in high demand. In the future, we might see a lot more construction from Station Casinos, as they own roughly 450 acres of undeveloped land throughout the Las Vegas Valley. Currently, Station Casinos are in the process of constructing the $750 million hotel-casino on Durango Drive to open in fall 2023.
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