In 2001, Station Casinos, Inc. bought the Green Valley Ranch casino for $290 million.
The property had been foreclosed on by the original owners, a group of investors led by Frank Fertitta Jr. Station Casinos then spent another $100 million to build a hotel and convention center at the site.
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PRO TIP:Green Valley Ranch Casino is owned by Station Casinos, a Las Vegas-based company that owns and operates numerous properties in the city. Station Casinos is a wholly owned subsidiary of Fertitta Entertainment, which is controlled by the Fertitta family.
The Green Valley Ranch casino is now one of the most successful casinos in the Las Vegas area. It is owned and operated by Station Casinos, which is a publicly traded company.
The Station Casinos board of directors includes Frank Fertitta III, his brother Lorenzo Fertitta, and their father Frank Fertitta Jr. The family also owns a majority stake in the Ultimate Fighting Championship (UFC).
The Fertitta brothers are worth an estimated $4 billion each, making them two of the richest people in the state of Nevada.
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