ATLANTA, May 15 (Reuters) - Station Casinos [STN.UL] said on Friday it reached an agreement with lenders and noteholders giving it more time to work out a restructuring of debt.

In a filing with the U.S. Securities and Exchange Commission, the casino operator said its forbearance period was extended to May 29 from May 15.

The company reiterated in a separate SEC filing this week that should it not be able to restructure debt, it may be required to seek Chapter 11 protection.

Casino operators have strained to make debt payments as consumers curbed gambling in the recession, especially in destination markets like Las Vegas, where Station Casinos operates properties.

(Reporting by Karen Jacobs; Editing Bernard Orr)