Red Rock – then operating as Station Casinos – first signed an agreement with the North Fork tribe in 2003 to build and manage the gaming complex. In the three-month period that ended on March 31, Red Rock’s cash flow from its tribal operation was $7.6 million, a 56.8 percent decrease from a year earlier, due largely to the termination of the Graton contract. Red Rock’s most recent casino management contract with the Graton Rancheria Tribe near Santa Rosa expired in February after seven years. Hotel rooms and other amenities are expected to be built at a later date. The North Fork Casino is planned for 2,000 slot machines, 40 table games, two stand-alone restaurants and a food court. 'We will have a more comprehensive statement when we have had a chance to discern the implications of this decision and the appropriate next steps.”Ĭootey said in May the gaming operator was having “discussions with our lending partners as to how we can most efficiently finance this project.” “The North Fork Rancheria and its development partner, Station Casinos, are digesting this most recent ruling,' the tribe said in an email. Red Rock Resorts spokesman Michael Britt declined comment Monday on the California ruling.Ī spokesman for North Fork Rancheria Tribal Chairwoman Elaine Bethel-Fink provided a statement.

“We’re excited to begin the development of this very attractive project on behalf of North Fork Tribe,” Cootey said during the company’s first-quarter earnings conference call last month. Red Rock Resorts Chief Financial Officer Stephen Cootey said last month the casino operator and the North Fork tribe expected “to have a shovel in the ground” shortly after the end of June, which would begin a 15-to-18-months construction project.

The company is without a tribal gaming contract after its three previous management deals – two in California and one in Michigan – expired. The competing court rulings leave Red Rock Resorts’ Indian gaming venture in limbo.

Department of Interior ruling that permitted the tribe to utilize a 305-acre off-reservation site for the casino. However, the ruling by the judges contradicted a separate decision by the California Supreme Court last fall that green-lighted the project. The tribe has an agreement with Las Vegas-based Red Rock Resorts subsidiary Station Casinos to develop and manage the $350 million to $400 million off-reservation gaming project. A California appellate court tossed a roadblock in front of Red Rock Resorts’ planned development of a tribal-owned casino near Fresno that has been tied up in legal maneuverings for some 18 years.Ī three-judge panel said the defeat of a 2014 statewide ballot referendum precluded California’s governor from signing a gaming compact with the North Fork Rancheria of Mono Indians.

Red rock casino annual revenue