NASDAQ Framework: Red Rock Resorts Inc.

Casino and entertainment property development company 1.

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada 2.

2: Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada. View Source

UNKNOWN

The provided facts do not specify whether the founders of Red Rock Resorts Inc. are still leading the company or are heavily involved in its operations.

LOW RISK

Red Rock Resorts, Inc. has demonstrated strong financial performance, particularly in the second quarter of 2024, where it reported a significant year-on-year revenue growth of 16.9% to $486.4 million and a GAAP profit of $0.59 per share, an improvement from $0.38 per share in the same quarter last year 3 4. The company also exceeded Wall Street's revenue estimates by 2.2% 5. Additionally, Red Rock Resorts has shown elite profitability with an average operating margin of 34.5% over the last two years 6. Despite a slight reduction in the operating profit margin in Q2 2024, the decrease was minimal 7. These factors indicate that the company is profitable and can cover its costs and spending plans, positioning it as a low-risk investment.

3: Red Rock Resorts Announces Second Quarter 2024 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2024. PR Newswire • 21 hours ago Red Rock Resorts Announces Revised Date of Second Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2024 on Tuesday, July 23, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. The Company's conference call that was previously scheduled for July 30, 2024 has been canceled. PR Newswire • 15 days ago Red Rock Resorts Announces Second Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2024 on Tuesday, July 30, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 25 days ago Red Rock Resorts Announces First Quarter 2024 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2024. PR Newswire • 2 months ago Red Rock Resorts Announces First Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the first quarter 2024 on Tuesday, May 7, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 3 months ago Station Casinos LLC Announces Pricing of Senior Notes Offering Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ: RRR), announced today it priced its previously announced offering of Senior Notes due 2032 (the "Notes") at an interest rate of 6.625% per annum and an issue price equal to 100% of the principal amount of the Notes. The offering is expected to close on or about March 14, 2024, subject to customary closing conditions. The aggregate principal amount of the Notes to be issued in the offering was decrea PR Newswire • 4 months ago Station Casinos LLC Announces Proposed Offering of Senior Notes Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ: RRR), announced today that it intends to offer, subject to market and other conditions, $750 million aggregate principal amount of senior notes due 2032 (the "Notes") in a private placement. The notes will be guaranteed, jointly and severally, on a senior unsecured basis by each of the Company's current and future wholly-owned restricted subsidiaries that guarantees the Company's obligations under i PR Newswire • 4 months ago Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the fourth quarter and full year ended December 31, 2023. PR Newswire • 5 months ago Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the fourth quarter and full year 2023 on Wednesday, February 7, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 6 months ago Sparket adds NBA Champion Metta World Peace as Investor & Advisor Sparket announced today a strategic investment from Metta World Peace. The growing B2B sports betting startup is adding the former NBA champion and his team to its cap table at a time when it's experiencing significant growth, having launched with Red Rock Resorts (NASDAQ: RRR) in June on its STN Play iCasino platform along with a string of recent partnership announcements. PR Newswire • 7 months ago Red Rock Resorts Announces Third Quarter 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2023. PR Newswire • 8 months ago Red Rock Resorts Announces Third Quarter Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the third quarter 2023 on Tuesday, November 7, 2023 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 9 months ago Red Rock Resorts Announces Second Quarter 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2023. PR Newswire • 11 months ago View Source4: Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) announced better-than-expected results in Q2 CY2024, with revenue up 16.9% year on year to $486.4 million. It made a GAAP profit of $0.59 per share, improving from its profit of $0.38 per share in the same quarter last year. View Source5: This quarter, Red Rock Resorts reported robust year-on-year revenue growth of 16.9%, and its $486.4 million of revenue exceeded Wall Street's estimates by 2.2%. Looking ahead, Wall Street expects sales to grow 6.9% over the next 12 months, a deceleration from this quarter. View Source6: Red Rock Resorts has been a well-oiled machine over the last two years. It demonstrated elite profitability for a consumer discretionary business, boasting an average operating margin of 34.5%. View Source7: In Q2, Red Rock Resorts generated an operating profit margin of 28.8%, down 1.8 percentage points year on year. This reduction is quite minuscule and shareholders shouldn't weigh the results too heavily. View Source

NO

The provided facts do not indicate that Red Rock Resorts Inc. is launching any new product offerings.

Red Rock Resorts Inc. is focused on strategic growth and expansion from 2024 through 2026, leveraging its strong financial performance and profitability. The company plans to continue developing and operating casino and entertainment properties through its subsidiary, Station Casinos LLC, primarily in the Las Vegas regional market. This includes maintaining and potentially expanding its existing facilities, such as the Durango Casino & Resort, while also exploring new opportunities for growth within the gaming and entertainment sectors 8 9 10.

8: Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada. View Source9: Red Rock Resorts, Inc. is a holding company, which operates through its subsidiary, Station Casinos LLC (Station LLC). Station LLC is a gaming, development and management company that develops and operates casino and entertainment properties. Station LLC owns and operates seven gaming and entertainment facilities and ten smaller casinos. Its segments include Las Vegas operations and Native American management. The Las Vegas operations segment includes its Las Vegas area... View Source10: Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV. View Source

Sources

1: Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada. View Source2: Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada. View Source3: Red Rock Resorts Announces Second Quarter 2024 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2024. PR Newswire • 21 hours ago Red Rock Resorts Announces Revised Date of Second Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2024 on Tuesday, July 23, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. The Company's conference call that was previously scheduled for July 30, 2024 has been canceled. PR Newswire • 15 days ago Red Rock Resorts Announces Second Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2024 on Tuesday, July 30, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 25 days ago Red Rock Resorts Announces First Quarter 2024 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2024. PR Newswire • 2 months ago Red Rock Resorts Announces First Quarter 2024 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the first quarter 2024 on Tuesday, May 7, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 3 months ago Station Casinos LLC Announces Pricing of Senior Notes Offering Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ: RRR), announced today it priced its previously announced offering of Senior Notes due 2032 (the "Notes") at an interest rate of 6.625% per annum and an issue price equal to 100% of the principal amount of the Notes. The offering is expected to close on or about March 14, 2024, subject to customary closing conditions. The aggregate principal amount of the Notes to be issued in the offering was decrea PR Newswire • 4 months ago Station Casinos LLC Announces Proposed Offering of Senior Notes Station Casinos LLC (the "Company"), a consolidated subsidiary of Red Rock Resorts, Inc. (NASDAQ: RRR), announced today that it intends to offer, subject to market and other conditions, $750 million aggregate principal amount of senior notes due 2032 (the "Notes") in a private placement. The notes will be guaranteed, jointly and severally, on a senior unsecured basis by each of the Company's current and future wholly-owned restricted subsidiaries that guarantees the Company's obligations under i PR Newswire • 4 months ago Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the fourth quarter and full year ended December 31, 2023. PR Newswire • 5 months ago Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the fourth quarter and full year 2023 on Wednesday, February 7, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 6 months ago Sparket adds NBA Champion Metta World Peace as Investor & Advisor Sparket announced today a strategic investment from Metta World Peace. The growing B2B sports betting startup is adding the former NBA champion and his team to its cap table at a time when it's experiencing significant growth, having launched with Red Rock Resorts (NASDAQ: RRR) in June on its STN Play iCasino platform along with a string of recent partnership announcements. PR Newswire • 7 months ago Red Rock Resorts Announces Third Quarter 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2023. PR Newswire • 8 months ago Red Rock Resorts Announces Third Quarter Conference Call and Earnings Release Date Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the third quarter 2023 on Tuesday, November 7, 2023 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. PR Newswire • 9 months ago Red Rock Resorts Announces Second Quarter 2023 Results Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2023. PR Newswire • 11 months ago View Source4: Casino resort and entertainment company Red Rock Resorts (NASDAQ:RRR) announced better-than-expected results in Q2 CY2024, with revenue up 16.9% year on year to $486.4 million. It made a GAAP profit of $0.59 per share, improving from its profit of $0.38 per share in the same quarter last year. View Source5: This quarter, Red Rock Resorts reported robust year-on-year revenue growth of 16.9%, and its $486.4 million of revenue exceeded Wall Street's estimates by 2.2%. Looking ahead, Wall Street expects sales to grow 6.9% over the next 12 months, a deceleration from this quarter. View Source6: Red Rock Resorts has been a well-oiled machine over the last two years. It demonstrated elite profitability for a consumer discretionary business, boasting an average operating margin of 34.5%. View Source7: In Q2, Red Rock Resorts generated an operating profit margin of 28.8%, down 1.8 percentage points year on year. This reduction is quite minuscule and shareholders shouldn't weigh the results too heavily. View Source8: Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. Red Rock Resorts, Inc. was founded in 1976 and is based in Las Vegas, Nevada. View Source9: Red Rock Resorts, Inc. is a holding company, which operates through its subsidiary, Station Casinos LLC (Station LLC). Station LLC is a gaming, development and management company that develops and operates casino and entertainment properties. Station LLC owns and operates seven gaming and entertainment facilities and ten smaller casinos. Its segments include Las Vegas operations and Native American management. The Las Vegas operations segment includes its Las Vegas area... View Source10: Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The firm operates through the following segments: Las Vegas Operations and Native American Management. Its amenities include restaurants, entertainment venues, movie theatres, bowling and convention or banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. The company was founded in 1976 and is headquartered in Las Vegas, NV. View Source