As part of its proposed IPO, Station Casinos wants to pay $460 million to buy the management company owned by the Fertittas and other executives. That company, Fertitta Entertainment LLC, manages all the hotels and casinos for Stations.
Remember, the company paid the Fertittas and others $660 million in 2007 as part of the buyout!
It is wrong for Station Casinos to make you pay more and more for healthcare when the Fertittas and other executives get paid even more by the company!
“Working for a just distribution of the fruits of the earth and human labor is not mere philanthropy. It is a moral obligation. For Christians, the responsibility is even greater: it is a commandment. It is about giving to the poor and to peoples what is theirs by right. “ — Pope Francis
