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Red Rock Resorts Grants $70M in Stock to 10,000 Employees for 50 Years

about 2 hours ago

Published: September 17, 2026

Red Rock Resorts Grants $70M in Stock to 10,000 Employees for 50 Years

Red Rock Resorts, parent of Station Casinos, granted more than $70 million in Class A stock to nearly 10,000 employees on September 9 2026, awarding $1,000 per year of service. The company will begin allocating the shares to workers over the next few days.

On September 9, 2026, Red Rock Resorts’ CEO Frank Fertitta III revealed a surprise $70 million stock giveaway to almost 10 000 Station Casinos staff at the Red Rock Casino Resort & Spa in Las Vegas.

The grant, worth $1,000 for every year of service, gave long‑term employees like Ida Johnson—who joined in 1977—$49 000 in Class A shares, while seven workers who started in the 1970s each received more than $45 000.

The announcement closed a week‑long celebration that began on July 1 with a fireworks and drone show at Palace Station, and included new branding and community outreach.

Fertitta said the award honors those who have helped the company grow, while staff gathered in the casino’s main hall expressed surprise and gratitude, noting the gesture as a tangible recognition of their decades of service.