Station Casinos signs a deal with El Cortez

After emerging from bankruptcy, American casino operator Station Casinos has made a deal with the El Cortez Hotel & Casino in Las Vegas to manage their spots book.

El Cortez will be provided with Station Casinos Wagering Integrated Network (WIN), which is a wholly owned unique system allowing for the management, processing and making reports of race and sports wagers within the Station Casinos’ race and sportsbook network.

Station Casinos will be also in charge of odds on each wagering sports event, and El Cortez clients will have right to use Sports Connection, the company’s unique phone and intranet wagering application for Nevada citizens.

Mike Nolan, chief operating officer and general manager for El Cortez said that partnership with Station Casinos would allow El Cortez to expand their sports book business, connect to Station Casinos’ broad network and take advantage of their cutting edge technology and famous promotions. He added that their company’s large clientele, occupied with downtown businesses, had got the opportunity to enjoy playing Station Casinos’ Great Giveaway directly at the El Cortez.

This management agreement with El Cortez is Station Casinos’ first attempt at managing sports books outside its chain of casinos. Station Casinos now possesses and manages 16 sports books in different casinos.

Art Manteris, vice president of sports book operations for Station Casinos, claimed that it means very much for them to be in the downtown gambling market and share their advanced wagering technology and exciting games with the loyal clients of the El Cortez.

In the beginning of August follow the arrangement, pending state and then local gambling regulatory approvals.

After two years of being bankrupt, the company has lately finished its reorganisation plan. All the company’s properties will still be under the umbrella of Station Casinos.

This came after the re-investment of about $200m made family of its founders, Frank and Lorenzo Fertitta, the company’s biggest stockholders, who possess 45% of the reorganized business.