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Business
June 27, 2024
Station Casinos to Enhance Durango with New Garage and Gaming Area
Station Casinos is already planning to expand its Durango Casino & Resort Property just a few months after its opening. Located in the southwestern part of the Las Vegas Valley, the property is now set to receive a bigger parking lot and a new gaming area. Station Casinos’ plan is to significantly expand the property’s […]
Business
May 8, 2024
Red Rock’s Q1 Results Point To Stellar Start of 2024
Red Rock Resorts, the leading hospitality, entertainment and casino company, released its first quarter results, highlighting a strong start to the year with increases in adjusted EBITDA and net revenues. The latest unaudited figures emerged earlier this week, uncovering insights regarding the company’s performance for the three months ended March 31, 2024. The latest financial […]
Business
February 8, 2024
Red Rock Resorts Enjoys Strong Q4 and Full Year 2023 Results
The leading casino and hospitality company, Red Rock Resorts, published its latest results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Wednesday, the company released its unaudited report, pointing to strong growth in revenue as well as an increase in adjusted EBITDA for the three months ended December 31, […]
Business
August 4, 2023
Red Rock Resorts Publishes Q2 Report, Highlights Strong Net Income
Red Rock Resorts, a casino and hospitality company, published its Q2 report for the three months ended June 30. The company reported a very slight year-on-year drop in net revenues from $422.2 million in Q2, 2022, to $416.1 million in Q2, 2023. Net income, on the other hand, skyrocketed by a whopping 130.9% to $74.9 […]
Business
February 8, 2023
Red Rock Resorts Post Favorable FY 2022 Results, Vows to Remain Disciplined
Red Rock Resorts just published its financial results for Q4 2022, demonstrating mixed results. Despite the headwinds in Q4, the company’s annual results were positive, inspiring confidence in the business. As reported by the operator, it recorded net revenue of $425.5 million in Q4, which represents a slight 0.7% year-on-year increase. Net income, however, declined […]
Business
October 28, 2022
Red Rock Resorts Publishes Q3 Results
Red Rock Resorts, the NASDAQ-listed holding company that manages Station Casinos LLC and owns an indirect equity interest in it, has published its Q3 results. The company has reported an “effectively flat” revenue on a year-on-year basis compared to Q3 2021. It also signaled a 19% rise in new income and a 1.4$ drop in […]
Industry
March 1, 2022
Red Rock Resorts Promoted SVP Scott Kreeger to President
Red Rock Resorts, the holding company of Station Casinos in Nevada, announced Monday the appointment of Scott Kreeger as President effective February 28, 2022. Promoted to President New Red Rock Resorts President Kreeger joined the company in September 2021 when he assumed the role of Senior Vice President of Development, leaving his position as Director […]
Casino
August 9, 2021
Judge Reportedly Orders Red Rock to Start Talks with Unions
After several attempts for Red Rock Casino employees to join the Culinary Union in Las Vegas have failed, the matter reached the US District Court. Last month, Judge Gloria Navarro ordered the venue to start collaborating with unions. Now, reportedly Judge Navarro reaffirmed her ruling, asking Red Rock to immediately start talks with the Culinary […]
Casino
May 5, 2021
Red Rock Resorts Sells Palms Casino in Vegas for $650 Million
When Las Vegas started crawling back to life last summer, it would have been expected that casino operators would want all of their venues operational to make up for lost time. However, Red Rock Resorts, the parent company of Station Casinos, kept four properties closed. That was a definite sign that trouble was ahead and […]
Business
October 28, 2020
Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results
By introducing careful cost cuts and optimizing its expenses, Red Rock Resorts revealed impressive results in the third quarter of 2020. The operator used the COVID-19 lockdown period to re-evaluate its operations which made the company leaner and more efficient. Red Rock Resorts Reveals Q3 2020 Results Tuesday, October 27, Red Rock Resorts revealed its […]