🎰 Graton casino's earnings beat expectations

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Station Casinos reported that Graton Resort and Casino had The Dry Creek tribe's business arm notified investors last week that it will miss.


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Graton Resort and Casino in Rohnert Park (JOHN BURGESS/ PD FILE Anderson, a principal of Sonoma Media Investments, which owns The.


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Visitors enter the Graton Resort & Casino in Rohnert Park in the Graton casino caused the tribe to default on payments to investors and.


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Station Casinos earned $ million in management fees. Credit Suisse gaming analyst Joel Simkins told investors the Graton numbers make the.


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Graton Resort & Casino Investors. Wells FargoSan Francisco, United States. View complete profile of Graton Resort & Casino here. Share this.


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Graton Resort & Casino's owners, the Federated Indians of Graton who invested more than , total construction hours to complete the.


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Station Casinos reported that Graton Resort and Casino had The Dry Creek tribe's business arm notified investors last week that it will miss.


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There are no accidents. In Rohnert Park, 80 vehicles disappeared throughout town in the past year, compared to 57 in the prior year β€” an increase of 40 percent. Station did not respond to a request for an explanation as to why it excluded Graton revenues from its third-quarter report. When you follow a story, the next time a related article is published β€” it could be days, weeks or months β€” you'll receive an email informing you of the update. Winfield said she sees Sarris and other tribal leaders nearly every night walking the casino floor and talking to employees about any problems they have. Opponents of the casino that was 10 years in the making said Sonoma County would forever change that day, Nov. At the center of it all are 3, slot machines and blackjack, poker and baccarat tables, offering gambling action every minute of every day since last Nov. At some point, the tribe plans to build a room hotel, an addition that would transform the property into a true resort. Its four restaurants serve everything from filet mignon with Australian lobster tail to a prosciutto-wrapped Kobe beef burger with fig compote and gorgonzola. Before the opening, firefighters and paramedics planned on making up to 30 trips a day to the casino. Drunken driving arrests are up Fraud, including identity theft, is up 15 percent and narcotics arrests are up 22 percent, said Masterson, the Rohnert Park police chief. Ben Stone, director of the Sonoma County Economic Development Board, said that businesses in southern Sonoma County have not experienced a noticeable boost from the casino. Still, for many local residents the casino exists as a destination apart, a complex rising above the Santa Rosa Plain, in clear eyeshot west of Highway but set off from the rest of the county, with its world-class wineries, restaurants, towering redwoods and scenic coast. Graton Rancheria officials saw the project as a way to lift tribal members out of poverty and carve them a brighter future while promising Sonoma County would benefit from thousands of new jobs and millions of dollars in shared revenues. At 11 a. Keep the conversation to the theme of the article. Greg Sarris, chairman of the Federated Indians of Graton Rancheria, would not comment for this article and declined a request through a secretary to interview members of the tribe. David Rabbitt, chairman of the Board of Supervisors, said the county has not seen the kind of major problems coming from the casino that critics predicted, but he added that it has not been a boon to the local economy. There have been no adverse impacts on the businesses in the county, Stone said, but the casino is not adding to any retail growth in the county, he added. A year later, some neighbors no longer have those concerns. But Rohnert Park police say that crime has risen in the city, located less than one-third of a mile away. The casino appears to be meeting projections, based on public earnings records filed by Station Casinos. The 9,square-foot event center plays host to acts like the aging rock band Styx and traditional Mexican banda musicians. Your access to the comments has been permanently suspended. Staff Writer Julie Johnson contributed to this report. Opponents have sought to play on that contrast, saying the casino does not belong and in fact set up shop without proper authorization from the state. Many abandoned their cars and set off on foot, cutting through fields and parking lots, converging on the ,square-foot casino like zombies in a horror movie, as one law enforcement officer put it. The department is pressed by the influx of people, resulting in more criminal activity, and has too few officers, said Sgt. This tool is available only to subscribers; please make sure you're logged in if you want to follow a story. Without citing specific data to prove a link between the casino and a rise in activity, local authorities said they and their counterparts in the rest of the Bay Area, as well as members of the FBI, have seen increasing references in online advertising suggesting prostitutes are coming to the area to take advantage of heavy casino traffic. Station Casinos, the Las Vegas firm which has a seven-year agreement with the tribe to manage the casino, also declined to comment. Rohnert Park had two prostitution arrests in and 12 in the first year of casino operations. The casino money allowed the department to add two officers, beefing up a traffic enforcement team. The crowd clogged the freeway, creating an epic mile traffic backup. Indian casinos are not required to make their earnings public but Station Casinos, which has publicly held debt, must file with the U. Inside, a few dozen patrons were hunched over slot machines or sidled up to card tables. Jerry Greiner, who lives with his brother one block from the casino, said he has seen little impact from the casino. When the casino came, there were more calls for service. Our Network.{/INSERTKEYS}{/PARAGRAPH} No spam or off-topic posts. Casino security appear to have been successful at handling rowdy patrons and mitigating disturbances before they reach the level of criminal behavior, Brown said. No disinformation about current events. Log In Subscribe. While only a small portion of the visitors cause trouble, Rodriguez said the crowds still translate to more issues such as drugs, theft and drunken driving. You can reach Staff Writer Matt Brown at or matt. {PARAGRAPH}{INSERTKEYS}The "Follow This Story" feature will notify you when any articles related to this story are posted. Masterson said he is asked most often about prostitution in the city with the casino now operating on its western border. If you no longer want to follow a story, click the "Unfollow" link on that story. But supporters say that the casino has benefited its employees and made payments to local governments without causing the problems that opponents envisioned. If neighboring residents have experienced little impact, the Graton Resort and Casino has had a much larger impact on neighboring casinos. Claims of "Fake News" will be delayed for moderation No name calling. Securities and Exchange Commission. So far, the tribe has made its quarterly payments to Rohnert Park and the county, a condition of the agreement with the state that authorized gambling on the acre site. The Graton casino has had a direct impact on its 2, employees, providing wages and benefits that workers say are above average. Because of the well-known negative impacts of casinos, voters were promised by Proposition 1A the ballot initiative that Indian gaming would be on long-standing reservations, not in our cities. At least three people were arrested this year at hotels in Rohnert Park for making fake credit cards with stolen card numbers and using them at the casino. Even before the doors opened last year, it was clear that the sprawling casino β€” the largest in the nine-county Bay Area and one of the largest in the state β€” was a business unlike any other in Sonoma County. Please note: This feature is available only to subscribers; make sure you're logged in if you want to follow a story. These can't be changed, choose wisely! He and other city leaders contend the grim future painted by casino opponents has not come to pass. In July, about casino employees, mostly maintenance and service workers, voted to join Unite Here, a union that represents , workers at gambling sites in the U. Steve Brown said. Efforts are underway to fill five openings in the department as well, said Taylor. The union is starting to negotiate a contract with the tribe, and workers say they are happy with the benefits they have. Log In. Some smoked cigarettes and ordered drinks from cocktail waitresses. Since the opening day traffic nightmare, congestion has not been an issue, according to the CHP. It has caused an awful lot of good. Please note:. Reservation shopping in cities and towns is a breach of faith with the voters. There's also an "Unfollow" link in every email notification we send you. He said tourists who come to the region to gamble spend most of their time and money at the casino. Please choose a display name and image to use when commenting:. Five of the prostitution arrests this year came in April, when about law enforcement officers from 23 agencies, including a dozen FBI personnel, participated in a series of stings at motels in Santa Rosa, Petaluma and Rohnert Park, targeting suspected prostitutes, pimps and their would-be clientele. Last week, the group asked the state Supreme Court to consider the case. The casino draws hundreds of visitors daily from all over the Bay Area. Residents said the Graton tribe held community meetings and assured neighbors that they would deepen their wells if the casino caused them to go dry. This icon can be updated by visiting Gravatar. It remains unclear how much the casino has affected the welfare of the 1,member tribe. Others recharged with caffeine from the Starbucks that is open 24 hours a day. Your access to the comments has been temporarily suspended for the following reason s :. Please read our commenting policy No profanity, abuse, racism, hate speech or personal attacks on others. Send a letter to the editor.