Las Vegas Sun

October 18, 2018

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King 8 workers worry for their jobs as Station Casinos takes over

Station Casinos says it is considering King 8 Hotel and Gambling Hall employees for jobs at that casino and Station's other locals properties as it gears up to take control of King 8 on July 1.

Station Casinos is leasing the Tropicana Ave. property from Tiberti Construction Co., which acquired King 8 from Starwood Lodging Trust. Tiberti gave workers termination notices months ago. The approximately 250 King 8 workers were told they would have to re-apply to Station Casinos to keep their jobs.

Attempts to contact Tiberti Construction President Tito Tiberti failed.

Station will close the property for refurbishment July 1-6. Some current King 8 workers are disgruntled because they do not know if they will have a job when the property reopens as the Wild Wild West Gambling Hall and Hotel. It has a truck stop, 283 rooms and 230 gaming machines.

Some employees called the Sun complaining of being left in limbo in their job situation.

"We're going through that (hiring) process right now," Station Casinos Chief Financial Officer Glenn Christenson said.

He said his company will bring in a new management team and is evaluating applicants.

"What we're doing is providing the opportunity to apply for King 8 and our other properties," Christenson said.

The partnership between Tiberti and Station was announced in May and received approval from gaming regulators earlier this month. Station's operation of the property comes as that company is being acquired by Texas-based Crescent Real Estate Equities in a $1.7 billion deal expected to be completed this fall.

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