Station Casinos LLC has announced a reopening plan for its Las Vegas properties.
The Company announced that it expects to reopen its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire division properties, when the government authorities give permission. The Company also announced that it will assess the performance of the first-to-reopen properties before reopening its Palms, Texas Station, Fiesta Henderson, and Fiesta Rancho properties.
In anticipation of the impact that state-mandated occupancy and social distancing restrictions will have on the business operations, the Company also announced that it is making staffing reductions at all ten of its large properties and at its corporate office.
The reduction will affect approximately 39% of its full-time workforce. All the affected team members will receive regular pay through May 16 and will continue to receive their health, dental, and vision benefits through September 30.
“This has been the most painful and challenging situation in our Company’s history. We are hopeful though that Las Vegas will rebound swiftly and allow us to rehire as many of our valued team members as possible when we emerge on the other side of this crisis,” Richard J. Haskins, President of Station Casinos, said.
