Frank and Lorenzo Fertitta are ready to take Red Rock Resorts public in an unusual way. Paul Gift has the details.
It's good to be a Fertitta. Not only is the UFC believed to be coming off a record year in terms of revenue, but co-owners Frank and Lorenzo Fertitta are about to take their other majority-owned enterprise public.
On Oct. 13, Red Rock Resorts, Inc. filed a form S-1 for registration of securities with the SEC to officially begin the process of taking the casino company through an initial public offering (IPO). Part of this process included changing the company name from the better-known, but less glamorous, "Station Casinos Corp.