After strong first quarter, Station CFO optimistic about Las Vegas economy – VEGAS INC

Station Casinos, the Las Vegas locals gaming giant whose properties include Green Valley Ranch, Red Rock Resort and Palace Station, reported its first-quarter earnings today.Company: Station Casinos LLCRevenue: $342.8 million, up 5 percent from the same quarter last year.Earnings: $37.8 million, compared to net income of $15.3 million in the first quarter of 2014.What it means: Station said its quarterly performance was assisted by strong consumer confidence and spending levels. The company noted in a statement that those factors helped drive a 4.5 percent same-store net revenue growth in Las Vegas.

via After strong first quarter, Station CFO optimistic about Las Vegas economy – VEGAS INC.

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