The Fertitta brothers’ union problems are following them to the stock market.
On Jan. 14th, Red Rock Resorts Inc., the casino company controlled by UFC co-owners Frank and Lorenzo Fertitta and formerly known as Station Casinos, filed an amended S-1 with the SEC to go public. As Bloody Elbow previously reported, the net proceeds of the offering will not finance growth or business development activities, but will go to key corporate insiders and their family members, including $112.5 million to each of the Fertitta brothers and $53 million to trusts for their six children.