Station eyes 2nd California casino

May 13, 2003 7:10 AM

Station Casinos, which next month opens a tribal casino in Placer County, California, has struck a deal to help develop another tribal casino in Sonoma County.

The newest casino will be built by the Federated Indians of Graton Rancheria on 1,679 acres that Station has under option for $24 million.

If the casino is built, it will be the closest yet to the Bay area and its 7 million residents.

"We are very pleased that the Federated Indians of Graton Rancheria selected Station Casinos for this project," said Lorenzo Fertitta, president of Station Casinos. "We are extremely excited about being part of a project that can help Graton Rancheria attain self sufficiency and economic independence."

Terms of the contract call for Station to manage the casino for seven years and receive a 22% fee. Various regulatory and environmental approvals may take several years to complete.

Station’s other California casino, Thunder Valley Casino in Lincoln, California, will feature nearly 2,000 slot machines and 100 table games.

There will also be a VIP gaming area, Asian gaming parlor, three full-serve restaurants. Thunder Valley is scheduled to open in June.