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Nevada Gaming Regulators Approves Station's Purchase of Fiesta21 November 2000LAS VEGAS, Nevada – Nov. 21, 2000 – As reported by the Las Vegas Review-Journal: “…North Las Vegas gaming and liquor license approvals are the remaining obstacles blocking Station Casinos' $185 million purchase of the Fiesta, after the Nevada Gaming Commission approved the deal Monday. ”…The North Las Vegas City Council voted 5-0 Wednesday to postpone Station Casinos' city gaming and liquor license applications after a union official raised concerns about layoffs expected from the pending sale. ”…Station Casinos Executive Vice President and general counsel Scott Nielson told the gaming commission that union criticism of his company is misguided. ”Labor organizers point to the expected layoffs of about 1,000 Fiesta workers and the layoff of 900 workers at the Santa Fe before Station Casinos bought that nearby neighborhood casino for $205 million. ”…The labor organizer also criticized Station Casinos for letting the Fiesta workers go while negotiating a deal with Ameristar to buy The Reserve in Henderson. ”Station Casinos, which is selling its two Missouri gaming properties to Ameristar, agreed to protect the jobs of Reserve workers in return for the same guarantee at their Missouri properties…” |