Headquartered in Las Vegas, NV Fiscal year ends December NASDAQ: RRR redrockresorts.com
Red Rock Resorts, Inc. (NASDAQ: RRR) is a holding company that owns an indirect equity interest in Station Casinos LLC and manages it. Station Casinos provides gaming, hospitality and entertainment primarily to residents of the Las Vegas valley.
Its properties operate as regional entertainment destinations. They offer:
- Hotels and restaurants
- Entertainment venues, movie theaters and bowling
- Convention and banquet space
- Traditional casino gaming, including video poker, slot machines, table games, bingo, and race and sports wagering
The portfolio includes:
- Major resorts: Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino and Durango Resort & Casino.
- Station-branded properties: Palace Station, Boulder Station, Sunset Station and Santa Fe Station.
- Wildfire neighborhood casinos: Rancho, Boulder, Sunset, Valley View, Anthem, Lake Mead and Fremont.
- Seventy Six by Station Casinos locations: North Lamb, Aliante, Union Village, Tropicana, Fort Apache, Park Highlands and Silverado Ranch.
- 50% interests in Barley's Casino & Brewing Company, Wildfire Casino & Lanes and The Greens.
The company reports two segments: Las Vegas operations and a Native American segment that earns management and development fees. Revenue comes mainly from casino gaming, followed by food and beverage, room and other revenues.
The company is structured as an Up-C. Its operating subsidiary, Station Holdco, makes distributions to its unit holders, including Red Rock Resorts, which fund the company's quarterly dividends on Class A common stock. Updated
The quarterly loss is an accounting artifact: $79.1 million of share-based compensation from 50th anniversary stock awards to nearly every employee flipped a profitable quarter into red ink. Revenue still topped estimates and the board raised the quarterly dividend to $0.26 a share. Keep an eye on the stock as the charge washes out.
Iran fired on ships, Trump answered with missiles and seized the Strait of Hormuz, and Wall Street spent Tuesday sorting out who gets hurt and who benefits. Analysts at KeyBanc, HSBC, and…
On May 28, 2026, Caesars Entertainment (NASDAQ: CZR | CZR Price Prediction) announced a definitive agreement to be acquired by Fertitta Entertainment. The all-cash transaction is valued at approximately $17.6 billion, including…
Pre-Market Stock Futures: Futures are trading higher after President Trump signalled that talks with Iran are progressing positively, as we get ready to start another trading week, with the same issues that…
The IPO class of 2016 produced five very different outcomes. Some companies transformed beyond recognition. Others delivered steady compounding. One barely moved. Five Companies, Five Paths Twilio (NYSE: TWLO | TWLO Price…
Pre-Market Futures: The S&P 500 and NASDAQ futures are trading down over 1% on Tuesday, following Palantir’s 6.9% decline despite beating earnings expectations and giving strong forward guidance. Concerns over an AI…
There were notable insider purchases in a handful of energy companies last week. Insiders bolstering their stakes included billionaire Carlos Slim and the Dallas Cowboys owner.
With the earnings season winding down and windows for making insider purchases opening up, CEOs and other insiders have been scooping up shares.
2015 saw highs and lows in the market, with the end of the year ending on a slide. The start of 2016 followed the same trend until February, but then everything turned…
Red Rock Resorts, Inc. (NASDAQ: RRR) is a holding company that owns an indirect equity interest in Station Casinos LLC and manages it. Station Casinos provides gaming, hospitality and entertainment primarily to residents of the Las Vegas valley.
24/7 Wall St.'s 12-month price target for RRR is $60.73, rated Buy. The Wall Street consensus target is $72.00. RRR price prediction →
