News Release
Station Casinos, Inc. Comments on Department of Interior's Notice of Decision to Place Land in Trust for Gun Lake Tribe

LAS VEGAS, May 13, 2005 (BUSINESS WIRE) -- Station Casinos, Inc. (NYSE:STN) ("Station" or the "Company") commented today on the U.S. Department of Interior's decision to issue a Notice of Intent to place land in trust for gaming purposes for the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians (commonly known as the Gun Lake Tribe) in Wayland Township, Michigan. On November 14, 2003, the Company announced that it had purchased an interest in MPM Enterprises, LLC and entered into a Development Services Agreement and a Management Agreement with the Gun Lake Tribe.

"We are very pleased that the U.S. Department of Interior has decided to take the 145 acre parcel into trust for the Gun Lake Tribe to use for gaming purposes," said Glenn Christenson, executive vice president and chief financial officer, Station Casinos, Inc. "We view this decision as one of the the final steps in the development of a state-of-the-art gaming and entertainment facility in West Michigan."

"We congratulate the Gun Lake Tribe and look forward to working with them in developing and managing their gaming and entertainment project and will work to strengthen the alliance that the tribe has forged with the local community as we proceed with the development process," said Christenson.

Company Information and Forward-Looking Statements

Station Casinos, Inc. is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station's properties are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station owns and operates Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Casino and Wild Wild West Gambling Hall & Hotel in Las Vegas, Nevada, Texas Station Gambling Hall & Hotel and Fiesta Rancho Casino Hotel in North Las Vegas, Nevada, and Sunset Station Hotel & Casino, Fiesta Henderson Casino Hotel, Magic Star Casino and Gold Rush Casino in Henderson, Nevada. Station also owns a 50% interest in both Barley's Casino & Brewing Company and Green Valley Ranch Station Casino in Henderson, Nevada and a 6.7% interest in the Palms Casino Resort in Las Vegas, Nevada. In addition, Station manages the Thunder Valley Casino near Sacramento, California on behalf of the United Auburn Indian Community.

This press release contains certain forward-looking statements with respect to the business, financial condition, results of operations, dispositions, acquisitions and expansion projects of the Company and its subsidiaries which involve risks and uncertainties that cannot be predicted or quantified, and consequently, actual results may differ materially from those expressed or implied herein. Such risks and uncertainties include, but are not limited to, financial market risks, the ability to maintain existing management, integration of acquisitions, competition within the gaming industry, the cyclical nature of the hotel business and gaming business, economic conditions, regulatory matters and litigation and other risks described in the filings of the Company with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2004, and its Registration Statement on Form S-4 File No. 333-113986. All forward-looking statements are based on the Company's current expectations and projections about future events. All forward-looking statements speak only as of the date hereof and the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Additional financial information, including presentations from recent investor conferences, is available in the "Investors" section of the Company's website at www.stationcasinos.com.

Development of the proposed gaming and entertainment project with the Gun Lake Tribe and the operation of Class III gaming at that project are subject to certain governmental and regulatory approvals, including, but not limited to, the governor of the State of Michigan signing the Gun Lake Tribe's state gaming compact, the Department of the Interior completing the process of taking land into trust for the benefit of the Gun Lake Tribe and approval of the management agreement by the National Indian Gaming Commission. No assurances can be given as to when, or if, these governmental and regulatory approvals will be received.

SOURCE: Station Casinos, Inc.

Station Casinos, Inc., Las Vegas
Glenn C. Christenson, 800-544-2411 or 702-367-2484
Executive Vice President/Chief Financial Officer
Chief Administrative Officer
or
Thomas M. Friel, 800-544-2411 or 702-221-6793
Vice President of Finance/Corporate Controller
or
Lesley A. Pittman, 800-544-2411 or 702-367-2437
Vice President of Corporate and Government Relations