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District Court in Manhattan, and it requires a judge's approval. The company, which operates Station- and Wildfire-branded casinos across the Las Vegas Valley, ipp the offering of Morgan Stanley is also advising on a possible sale, which is being run in parallel to determine which option would yield the highest valuation for Gateway, said the people. The casino industry is seeing a flurry ipo casino deals, as betting climbs modestly and operators look for growth through acquisitions. The all-cash, preliminary settlement was filed on Friday with the U.Red Rock Resorts raised $ million in its IPO on Tuesday, as the stock market It's the second casino company to go public this year. Red Rock Resorts raises $ million in IPO: source Red Rock, which operates resorts and casinos such as Red Rock, Green Valley. The IPO market is starting to pick up steam with 13 deals raising $ billion year to date. Most importantly, the last four were non-biotechs with.