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The Las Vegas Strip is slowly awakening after a nearly 80-day slumber due to the coronavirus crisis.
USA TODAY
LAS VEGAS – There’s a chance four Station Casino resorts in Southern Nevada have closed for good.
Frank Fertitta III, CEO of Station’s parent company, Red Rock Resorts, revealed in an earnings call Tuesday the company is uncertain whether Texas Station, Fiesta Henderson, Fiesta Rancho and the off-Strip Palms will reopen in the wake of COVID-19.
“We don’t know if – or when – we’re going to reopen any of the closed properties,” Fertitta said. “We think it’s too early to make that decision at this time.”
Station Casinos had closed 20 properties in Southern Nevada for almost three months following Gov. Steve Sisolak’s sweeping shutdown order in March.
An exterior view of the Palms Casino Resort in Las Vegas. (Photo: Steve Marcus for USA TODAY)
Before deciding whether to reopen the properties, Red Rock’s Chief Financial Officer Stephen Cootey said the company must learn whether data shows healthy demand at reopened resorts.
“So far we’re very pleased with results that we’ve had, the ability to move some of the play from the closed properties to our existing properties,…
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