Station Casinos reveals details of Durango casino project
The casino company has shared its plans for a new gambling venue in Las Vegas.
US.- Station Casinos has given more details about its plans to develop a new casino in Las Vegas.
The future Durango hotel-casino will occupy a 71-acre parcel on South Durango Drive near the 215 Beltway. It will feature 100,000 square feet of casino floor space and is expected to take 18 to 24 months for completion.
The information was revealed by chief financial officer Stephen Cootey during an earnings call for Station’s parent company, Red Rock Resorts.
Stephen Cootey said: “We are working through the planning and budgeting phases of this project with a goal and expectation to have a shovel in the ground in the first quarter of 2022“.
He added said the casino will include 2,000 slot machines, 40 tables games, more than 200 hotel rooms and suites, a “state-of-the-art” sportsbook and four full-service food and beverage offerings.
According to JP Morgan gaming analyst Joseph Greff, the total cost for the development will be roughly $400m, with $150mto be spent next year.
He said: “The area is fast-growing, with a high-income population base, large gaming demographic, and zero competition for five miles.”