The larger acreage parcel allows the company greater flexibility in master planning to take maximum advantage of the future development. The 126 acres, located at the southwest corner of Las Vegas Boulevard and Cactus Avenue, is slated to become the site of a new local casino resort.Ī spokesperson released a statement from the company, saying, “we are excited about the potential of this site as a local and regional destination casino resort. The confirmation comes just days after Red Rock Resorts, the parent company of Station Casinos, announced that three locals-focused casinos would shutter permanently and be demolished. Station Casinos confirmed Wednesday that they have acquired about 126 acres of land south of the Las Vegas Strip for $172.4 million.
