SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 15, 2008
STATION CASINOS, INC
--------------------
(Exact name of registrant as specified in its charter)
Nevada 000-21640 88-0136443
--------------------------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1505 South Pavilion Center Drive, Las Vegas, Nevada 89135
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 495-3000
----------------------------
N/A
--------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4 (c) under the
Exchange Act (17 CFR 240.13e-4 (c))
ITEM 8.01. OTHER EVENTS
ITEM 8.01. OTHER EVENTS
As previously disclosed, on November 13, 2003, Station Casinos, Inc. (the
"Company") agreed to purchase a 50% interest in MPM Enterprises, LLC, a Michigan
limited liability company ("MPM"). Concurrently with our agreement to purchase
that interest, MPM and the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians,
a federally recognized Native American tribe commonly referred to as the Gun
Lake Tribe ("Gun Lake"), entered into amended Development and Management
Agreements, pursuant to which MPM agreed to assist Gun Lake in developing and
operating a gaming and entertainment project to be located in Allegan County,
Michigan. On July 29, 2005, MPM and Gun Lake entered into amended and restated
Development and Management Agreements.
On February 27, 2004, the United States Department of the Interior (the
"DOI") issued a Finding Of No Significant Impact with respect to the proposed
project. On May 13, 2005, the DOI published in the Federal Register a Notice of
Final Agency Determination (the "Determination") to take certain land into trust
for the benefit of Gun Lake. The publication commenced a thirty-day period in
which interested parties could seek judicial review of the Determination. On
June 13, 2005, Michigan Gambling Opposition (the "Plaintiffs") filed a complaint
(the "Complaint") in the United States District Court, District of Columbia (the
"District Court"), seeking declaratory and injunctive relief against the DOI and
officials of the DOI. The Complaint seeks judicial review of the Determination.
On February 23, 2007, the District Court issued its decision in favor of
the DOI and Gun Lake, finding that there were no facts which would entitle the
Plaintiffs to any relief on the four issues raised in the Complaint, and granted
the parties' motion to dismiss or, in the alternative for summary judgment. The
District Court, however, stayed its decision pending Plaintiff's appeal. On
April 29, 2008, the United States Court of Appeals for the District of Columbia
(the "Court of Appeals") affirmed the District Court's dismissal of the lawsuit
filed by the Plaintiffs.
On May 13, 2008, the Plaintiffs filed a petition for rehearing en banc
with the Court of Appeals. On July 25, 2008, the Court of Appeals denied the
Plaintiffs' petition for rehearing en banc. On July 29, 2008, the Plaintiffs
filed an emergency motion for stay of mandate pending petition for certiorari.
On August 15, 2008, the Court of Appeals granted the emergency motion for stay
of mandate. It is anticipated that the Plaintiffs will file a petition for
certiorari seeking review of the Court of Appeals' decision by the United States
Supreme Court by October 27, 2008.
As with all litigation, no assurances can be provided as to the timing or
outcome of this lawsuit. The timing and feasibility of the project are dependent
upon the receipt of the necessary governmental and regulatory approvals. The
Company plans to continue contributing financial support to this project, even
though there can be no assurances as to when or if the necessary governmental
and regulatory approvals will be obtained for the project.
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Station Casinos, Inc.
Date: August 20, 2008 By: /s/ Thomas M. Friel
-------------------------------
Thomas M. Friel
Executive Vice President, Chief
Accounting Officer and Treasurer