Nevada-based Station Casinos is looking to build a new casino in Reno, more than a decade after its original Reno plans fell through.
On Thursday, Nevada media reported that Station – which now operates under the umbrella of Red Rock Resorts – had filed an application to build a casino and entertainment facility on an eight-acre parcel of land on S. Virginia Street across from Reno’s Convention Center.
Station doesn’t yet have a construction start date but the 84k-square-foot project is expected to cost between $50m to $70m to build. Station intends to use the unrestricted gaming license it acquired from the Reno Turf Club after that project was closed by the city in 2004.
The grandfathered license means Station won’t have to build hotel rooms on the property, but Station is planning to include a bistro-style café, bowling alley, cinema, a state of the art sportsbook and sports bar, as well as the standard gaming floor options.
Station originally planned to enter the Reno market in 2004, but the combination of the global economic downturn and Station’s subsequent bankruptcy proceedings put a stop to those plans.
Station’s Reno expansion follows its recent $312m purchase of the Palms Casino Resort in Las Vegas. Station is controlled by the Fertitta brothers, who not only made out like bandits via the controversial Red Rock initial public offering, but also stand to pull in a few billions from their recent sale of the Ultimate Fighting Championship.
In other Station news, the company has just announced an upgrade of its land-based and mobile sports betting offering. The sportsbooks inside Station casinos and books managed by Station have just launched new Stadium Technology Group software that integrates with third party applications and is used by most Nevada sportsbook operators.
Station also announced the launch of a new mobile betting app courtesy of Miomni Gaming. The new STN Sport app is available for both iOS and Android devices and promises quicker updates, greater reliability and (yay!) longer battery life.
