president Lorenzo Fertitta resigns to work with UFC
The president of Station Casinos, Lorenzo Fertitta, has
stepped down to work full-time with the Ultimate Fighting
Championship (UFC), he announced on Wednesday. Lorenzo Fertitta
will remain vice chairman of the family-owned casino company and
his brother, Frank Fertitta III, will take over the role of
president. Lorenzo Fertitta will assume the role as Chairman and
CEO of "Zuffa," the company that operates UFC, in which
the Fertitta family owns a stake. Zuffa LLC was founded in
January 2001 in Las Vegas, Nevada to be the new parent entity
behind the Ultimate Fighting Championship by Station Casinos
executives Frank Fertitta III and Lorenzo Fertitta, after they
purchased the UFC from Semaphore Entertainment Group.
Station Casinos Inc. (private) owns and
operates several casinos under the "Station Casinos" umbrella -
Palace Station, Boulder Station, Texas Station, Sunset Station,
Santa Fe Station, Red Rock Resort Spa and Casino and Green
Valley Ranch 50% joint venture with Greenspun Corporation.
Station Casinos Inc also owns the following Fiesta casinos -
Fiesta Rancho, Fiesta Henderson, Wildfire Casino, Wild Wild
West, Gold Rush, Magic Star, Lake Mead Lounge and Barley's (also
50% joint venture with Greenspun Corporation). The company also
operates the Thunder Valley Casino.