Progress made on Durango project as Station Casinos remains mum on closed casinos
LAS VEGAS (KSNV) — Construction remains on schedule for the new Durango casino-hotel project from Station Casinos, executives said Tuesday.
Station's parent company Red Rock Resorts hosted a first-quarter earnings call with investors and discussed the status of Durango, the new casino being built in the southwest Las Vegas valley.
The project is expected to have over 73,000 square feet of casino space with more than 2,000 slot machines and 46 table games, Stephen Cootey, Red Rock Resorts' executive vice president and chief financial officer, said on the call.
Durango is expected to cost about $750 million.
On the topic of Station Casinos three closed properties - Fiesta Henderson, Fiesta Rancho and Texas Station - executives still remained mum.
Those three casinos have been dark since March 2020 and there's been no indication when they could reopen.
Red Rock carried about $2.1 million in expenses for those closed properties over the first quarter, Cootey said, adding that the company is looking at the economic environment when evaluating potential reopenings.
