Las Vegas company gives nearly 10,000 workers $70M in stock; $1,000 for each year worked

Las Vegas company surprises nearly 10,000 workers with more than $70 million in stock (Image Credit: Red Rock Resorts) Nearly 10,000 employees of Las Vegas-based Station Casinos received an unexpected financial reward as the company marked its 50th anniversary. According to a September 9 announcement from Red Rock Resorts, the parent company of Station Casinos, eligible full and part-time employees received more than $70 million worth of Red Rock Resorts Class A stock, calculated at $1,000 for every year of service. The announcement was made during a surprise celebration at Red Rock Casino Resort & Spa, where company executives revealed the award to employees. The stock grants recognise workers across the company, with some long-serving employees receiving tens of thousands of dollars in shares.Nearly 10,000 employees receive stockThe stock award covered nearly 10,000 Station Casinos team members, most of whom are based in Southern Nevada. Employees who were working for the company as of September 9, 2026, were eligible for the award. Rather than providing the same amount to every employee, Station Casinos based the value of each grant on the individual's length of service. Und...