Filed Pursuant to Rule 433
Supplementing the Preliminary Prospectus Supplement
dated August 1, 2006
Registration No. 333-134936

August 1, 2006

Station Casinos, Inc.

$400,000,000 7.75% Senior Notes due 2016

Final Terms and Details of the Issue

Issuer:

 

Station Casinos, Inc., a Nevada corporation (STN)

 

 

 

Principal Amount:

 

$400,000,000

 

 

 

Title of Securities:

 

7.75% Senior Notes due 2016

 

 

 

Final Maturity Date:

 

August 15, 2016

 

 

 

Public Offering Price:

 

100%, plus accrued interest, if any

 

 

 

Gross Proceeds:

 

$400,000,000

 

 

 

Underwriting Commissions:

 

$4,000,000

 

 

 

Net Proceeds to Issuer before expenses:

 

$396,000,000

 

 

 

Net Proceeds to Issuer after expenses:

 

$395,700,000

 

 

 

Coupon:

 

7.75%

 

 

 

Yield:

 

7.75%

 

 

 

Interest Payment Dates:

 

February 15 and August 15

 

 

 

Record Dates:

 

February 1 and August 1

 

 

 

First Interest Payment Date:

 

February 15, 2007

 

 

 

Optional Redemption:

 

 

Commencing on or after August 15, 2011, at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest:

 

 

 

Year

 

 

 

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

102.906%

 

 

 

 

 

2012

 

101.938%

 

 

 

 

 

2013

 

100.969%

 

 

 

 

 

2014 and thereafter

 

100.000%

 

 

 




 

Trade Date:

 

August 1, 2006

 

 

 

Settlement Date:

 

August 15, 2006

 

 

 

Form of Offering:

 

SEC Registered (Registration Statement No. 333-134936)

 

 

 

Joint Book-Running Managers:

 

Banc of America Securities LLC, Deutsche Bank Securities and Wachovia Securities

 

 

 

Co-Managers:

 

Wells Fargo Securities, RBS Greenwich Capital, Calyon Securities (USA), Commerzbank Corporates & Markets, JPMorgan, Scotia Capital and Goldman, Sachs & Co.

 

Allocation:

 

 

 

Aggregate Principal Amount of
Notes to be Purchased

 

 

Banc of America Securities LLC

 

$ 160,000,000

 

 

 

 

 

 

 

Deutsche Bank Securities Inc.

 

     80,000,000

 

 

 

 

 

 

 

Wachovia Capital Markets, LLC

 

     40,000,000

 

 

 

 

 

 

 

Wells Fargo Securities, LLC

 

     40,000,000

 

 

 

 

 

 

 

Greenwich Capital Markets, Inc.

 

     40,000,000

 

 

 

 

 

 

 

Calyon Securities (USA) Inc.

 

        9,000,000

 

 

 

 

 

 

 

Commerzbank Capital Markets Corp.

 

        9,000,000

 

 

 

 

 

 

 

J.P. Morgan Securities Inc.

 

        9,000,000

 

 

 

 

 

 

 

Scotia Capital (USA) Inc.

 

        9,000,000

 

 

 

 

 

 

 

Goldman, Sachs & Co.

 

        4,000,000

 

 

 

 

$400,000,000

 

 

 

 

 

 

CUSIP:

 

857689 BA 0

 

 

 

ISIN:

 

US857689BA08

 

 

 

Listing:

 

None

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents that the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request by calling toll-free 1-800-294-1322 or you may e-mail a request to dg.prospectus_distribution@bofasecurities.com.

2 of 2