Station Casinos Celebrates 50th Anniversary with Massive Stock Awards for Team Members
On September 9, 2026, Station Casinos reached a remarkable milestone by celebrating its 50th anniversary with a generous reward to its Team Members. During a heartfelt ceremony held at the Red Rock Casino Resort & Spa, the company's Chairman and CEO, Frank Fertitta III, along with Vice Chairman Lorenzo Fertitta, announced an extraordinary stock award worth more than $70 million. This award recognizes nearly 10,000 full-time and part-time employees, each receiving $1,000 in Red Rock Resorts Class A stock for every year of service they have dedicated to the company.
This initiative serves not only as a token of appreciation but also embodies the core values laid down by Frank Fertitta Jr., the company's founder. "Our father established this business on principles such as serving the local community and prioritizing our Team Members," stated Frank Fertitta III. He emphasized that the award is a celebration of the steadfast commitment of those who have contributed to the firm's success over the decades.
The surprise announcement brought joy and excitement to the employees, many of whom have a long history with the company. Among those honored were seven employees who started their careers back in the 1970s, illustrating the strong sense of community and loyalty that Station Casinos has cultivated. These Team Members were each presented with considerable stock awards, showcasing not just a reward but an investment in their dedication and hard work.
Lorenzo Fertitta expressed the sentiment that the Team Members form the backbone of Station Casinos. The relationships they build with guests and their deep ties to the Las Vegas community have played a crucial role in defining the identity of the company. This celebration doesn’t just mark the end of a significant chapter but also paves the way for an exciting future filled with opportunities. The Fertitta brothers reaffirmed the organization's commitment to nurturing relationships with employees and delivering excellence, stating this award was more than just a gesture – it’s a strategic investment in the workforce.
The $70 million stock distribution will enable eligible Team Members to begin claiming their shares on September 14. This part of the anniversary festivities builds on a summer filled with various events aimed at honoring the company's history and fostering community spirit. The launch of the 50th anniversary celebrations began with fireworks and a drone show at Palace Station, where it all started. Notably, the anniversary festivities also introduced the new brand identity alongside a refreshed campaign titled "From Vegas, For Vegas, Always Vegas." These celebrations extended across Las Vegas throughout the summer and featured live entertainment, vintage photo installations, and appreciation events aimed at recognizing the hard work of the staff.
Station Casinos has long been praised for its employee-centric policies and has consistently ranked as one of Nevada's top employers, receiving accolades from renowned publications like Forbes and Newsweek. The stock grants reinforce its reputation as an outstanding workplace and signify the company's commitment to its dedicated team.
As Station Casinos embarks on its journey into the next 50 years, this moment serves as a reminder of the dedication and hard work that its Team Members embody, bringing to life the spirit of hospitality and community that the company is known for. To learn further about the ongoing celebrations and more facets of the company, visit Station Casinos' 50th anniversary page.
This initiative serves not only as a token of appreciation but also embodies the core values laid down by Frank Fertitta Jr., the company's founder. "Our father established this business on principles such as serving the local community and prioritizing our Team Members," stated Frank Fertitta III. He emphasized that the award is a celebration of the steadfast commitment of those who have contributed to the firm's success over the decades.
The surprise announcement brought joy and excitement to the employees, many of whom have a long history with the company. Among those honored were seven employees who started their careers back in the 1970s, illustrating the strong sense of community and loyalty that Station Casinos has cultivated. These Team Members were each presented with considerable stock awards, showcasing not just a reward but an investment in their dedication and hard work.
Lorenzo Fertitta expressed the sentiment that the Team Members form the backbone of Station Casinos. The relationships they build with guests and their deep ties to the Las Vegas community have played a crucial role in defining the identity of the company. This celebration doesn’t just mark the end of a significant chapter but also paves the way for an exciting future filled with opportunities. The Fertitta brothers reaffirmed the organization's commitment to nurturing relationships with employees and delivering excellence, stating this award was more than just a gesture – it’s a strategic investment in the workforce.
The $70 million stock distribution will enable eligible Team Members to begin claiming their shares on September 14. This part of the anniversary festivities builds on a summer filled with various events aimed at honoring the company's history and fostering community spirit. The launch of the 50th anniversary celebrations began with fireworks and a drone show at Palace Station, where it all started. Notably, the anniversary festivities also introduced the new brand identity alongside a refreshed campaign titled "From Vegas, For Vegas, Always Vegas." These celebrations extended across Las Vegas throughout the summer and featured live entertainment, vintage photo installations, and appreciation events aimed at recognizing the hard work of the staff.
Station Casinos has long been praised for its employee-centric policies and has consistently ranked as one of Nevada's top employers, receiving accolades from renowned publications like Forbes and Newsweek. The stock grants reinforce its reputation as an outstanding workplace and signify the company's commitment to its dedicated team.
As Station Casinos embarks on its journey into the next 50 years, this moment serves as a reminder of the dedication and hard work that its Team Members embody, bringing to life the spirit of hospitality and community that the company is known for. To learn further about the ongoing celebrations and more facets of the company, visit Station Casinos' 50th anniversary page.
Topics Entertainment & Media）
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