Tag Archives: Red Rock Resorts
US – Red Rock Casino opens new high limit slot room
As part of its ongoing casino-wide transformation, Red Rock Casino, Resort & Spa unveiled an elegant new high limit slot room in the heart of the gaming floor adjacent to 8 Noodle Bar. With high-touch service, the new high limit slot room offers guests high-stakes bets on a curated mix of over 70 exciting slot machines and…
US – Red Rock Resorts reports flat quarter
Red Rock Resorts generated net revenues of $414.4m for the third quarter of 2022, effectively flat, from $414.8m in the same period of 2021. Net income was $95.5m for the third quarter of 2022, a decrease of $22.5m, from $117.9m in the same period of 2021. Adjusted EBITDA was $181.9m for the third quarter of 2022, a decrease of 1.4 per cent or $2.7m from $184.5m in the same period…
US – Red Rock Resorts up by 17 per cent as casinos reopen
With most of its casinos now open, Red Rock Resorts generated net revenues of $414.8m for the third quarter of 2021, an increase of 17 per cent, or $61.6m, from $353.2m for the same period of 2020. Net income was $117.9m for the third quarter of 2021, an increase of 64 p or $45.9m, from $72m for the same period of 2020. During the…
US – GAN to power retail and online race & sports betting for Red Rock Resorts in Nevada
GAN Limited has signed a deal with Red Rock Resorts to build and deploy the infrastructure for Station’s “STN Sports” online sports platform, mobile applications, and retail Over-the-Counter and Kiosk-based sports betting throughout Nevada, with a commercial launch subject to regulatory technical certification and related regulatory licensing, the latter of which the Company has now…
US – Red Rock just 11 per cent off pre pandemic revenues
Red Rock Resorts reported net revenues were $428.2m for the second quarter of 2021, an increase of 295 per cent, or $319.7m, from $108.5m for the same period of 2020, primarily due to the closure of properties during most of the second quarter in 2020 due to the COVID-19 pandemic. During the second quarter the…
US – North Fork Mono tribe expect to start Madera casino build in June
Construction on California’s newest Indian gaming casino, is expected to break ground on Highway 99 near Madera before the end of June with the North Fork Mono Indian tribe building the $400m property that will be managed by Red Rock Resorts, owner of Station Casinos. The 2,000 slot casino will also offer 40 table games,…
US – Red Rock to break ground on South Durango Drive casino next year
Having sold the Palms Casino in Las Vegas, Red Rock Resorts has said it is keen to press on with its South Durango Drive casino early next year, a project that has been mooted for two decades. Stephen Cootey, Executive Vice President, Chief Financial Officer and Treasurer, explained that selling the Palms has paved the…
US – San Manuel Gaming snaps up The Palms
The San Manuel Band of Mission Indians and the San Manuel Gaming and Hospitality Authority have announced a definitive agreement for a subsidiary of SMGHA to acquire The Palms Casino Resort in Las Vegas, Nevada from Red Rock Resorts, Inc. The transaction is expected to close later in 2021, subject to the receipt of regulatory…
US – Red Rock to keep some casinos closed until they can be ‘accretive to cash flow’
Red Rock Resorts has said that it won’t reopen its Texas Station, Fiesta Rancho, Fiesta Henderson and Palms casinos until tourists and Las Vegas locals return to the market. The company operator reported a $174.5m loss for 2020. Net revenues were $343.4m for the fourth quarter of 2020, a decrease of 25.5 per cent, or…
