Aliante Station Joins LV

Station Casinos opened its newest Las Vegas casino amid hoopla and an hour of Sheryl Crow Nov. 11 – a day after the company posted a more than $23 million quarterly loss.

Aliante Station is a $662 million, 202-room hotel-casino on a 40-acre property in a developing area in North Las Vegas.

The newest project from Station Casinos and Greenspun Corp., owner of the Las Vegas Sun, opened with nearly 3,000 invited guests at a pre-opening party that included the hour-long Crow concert, according to the Las Vegas Review-Journal. A fireworks show followed.

It is the third Station Casino to open in Nevada this decade, including Green Valley Ranch Resort in Henderson and the Red Rock Resort in Summerlin.

It also comes at a time when Station Casinos reported the net loss after having a net income of $3.7 million in the same period last year. The company also reported a loss of $75.7 million for the first nine months of 2008, a sharp contrast with the $41 million net income it posted through September last year.

The area includes three Station Casino properties – the Texas Station, Fiesta Rancho and Santa Fe Station, all within eight miles – and the Lucky Club Casino is 10 miles southeast.

BGO Gaming, a partnership between Boyd Gaming Corp. and developer Olympia Group, has a proposal to zone 68.4 acres in North Las Vegas, according to the paper.