The Fertittas control 57 percent of Station Casinos, which in turn pays their operating company, Fertitta Entertainment, a management fee - an unusual arrangement in the gaming industry. A year later, it filed for Chapter 11 bankruptcy and emerged in 2011 with a new ownership structure. Station Casinos was publicly traded in 2008, when private equity owners took over through a leveraged buyout. The brothers were set to reap millions from the initial public offering of Station Casinos, which was gearing up to become a publicly traded company under the new Red Rock Resorts name.īut Deutsche Bank, which holds a 25 percent stake, said Thursday that the IPO was being delayed due to weakness in the stock markets. Trump attorney Alina Habba flaunts ‘FJB’ necklace, MAGA purse at UFC matchĭonald Trump flipped off by Bill Burr’s wife at UFC matchīrazilian fighter wins another title at MSG with UFC 295 second-round knockoutĭonald Trump arrives at MSG to attend UFC 295 flanked by Kid Rock, Dana White and Tucker Carlsonįrank and Lorenzo Fertitta, the owners of Ultimate Fighting Championship, will have to wait to score a big payday on their other business.

Station casinos stock