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Station Casinos to Issue 400 Million Dollars


Station Casinos, Inc. (NYSE: STN - News) ("Station" or "the Company") today announced it has agreed to issue $400 million of 7 3/4% senior notes due August 15, 2016. Proceeds from the sale of the notes will be used to reduce a portion of the amounts outstanding on the Company's revolving credit facility. Such borrowings were used for capital expenditures and general corporate purposes, including the repurchase of shares of our common stock previously authorized for repurchase by the Company's Board of Directors.

Station Casinos, Inc. is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station's properties are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering.

Station owns and operates Red Rock Casino

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Gambling FAQs 

Is Internet gambling legal anywhere?

Problem gambling includes all gambling behavior patterns that compromise, disrupt or damage personal, family or vocational pursuits. The essential features are increasing preoccupation with gambling, a need to bet more money more frequently, restlessness or irritability when attempting to stop, "chasing" losses, and loss of control manifested by continuation of the gambling behavior in spite of mounting, serious, negative consequences. In extreme cases, problem gambling can result in financial ruin, legal problems, loss of career and family, or even suicide.
 Gambling Topics

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 Daily Term

Electronic Video Bingo

Definition:A machine designed for the specific purpose of playing the game of bingo that has an electronic random-number generator to select numbers in lieu of the drawing of numbers from a receptacle and that one or more video images containing numbers or other designations five or more in one line may be utilized instead of a card.

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