Tag Archives: Red Rock Resorts
US – Pandemic ends Red Rock’s best start to a year since 2008
Red Rock Resorts has said the ‘unprecedented challenges presented by the COVID-19 pandemic have significantly impacted the company’s business operations’ with its Q1 net revenues down 15.6 per cent to $377.4m. While Las Vegas operations, excluding Palms, recorded their best operating performance in January and February since 2008, the circumstances abruptly changed in mid-March due…
US – Red Rock to accelerate Palms redevelopment
Red Rock Resorts has confirmed it is ‘accelerating the third phase of its redevelopment plan for the Palms, as part of its transformation of the property into a “must see” gaming and entertainment destination.’ The key components of this phase will include: a casino floor expansion featuring 300 new slot machines and 16 table games;…
US – Station Casinos to buy Palms
Red Rock Resorts has announced that Station Casinos will buy Palms Casino Resort in Las Vegas, Nevada for $312.5m. Palms features a 95,000-square-foot casino with approximately 1,250 slots and 48 table games, a race and sportsbook, approximately 710 hotel rooms across two towers with 85 suites and 19 penthouses Marc Falcone, Executive Vice President, Chief…
