Red Rock Resorts, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Frank J. Fertitta
- Full Time Employees
- 9,500
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- 1505 South Pavilion Center Drive Las Vegas NV United States of America 89135
- IPO Date
- Apr 27, 2016
- CIK
- 0001653653
- Website
- redrockresorts.com
- Similar Companies
- Business
- Red Rock Resorts, Inc. is a holding company that owns an indirect equity interest in and manages Station Casinos LLC, a leading gaming, development, and management company operating 18 strategically located casino and entertainment properties primarily serving the Las Vegas regional market. The company’s portfolio includes major resort casinos such as Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Resort & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino, and multiple Wildfire casinos and Seventy Six by Station Casinos locations. Its offerings encompass casino gaming including thousands of slot machines, video poker machines, table games, sports wagering, hotel accommodations with over 3,000 rooms, extensive restaurants and bars, entertainment venues, movie theaters, bowling alleys, and convention/banquet facilities. Red Rock Resorts also operates spa and wellness services under the Red Rock Spa brand, featuring signature treatments and fitness centers. Founded in 1976 and headquartered in Las Vegas, Nevada, the company targets local residents and visitors in multiple jurisdictions including Native American gaming markets. In the past 1-2 years, Red Rock Resorts has focused on significant investments and expansions including major renovations of key properties like Durango Casino Resort, Green Valley Ranch, and Sunset Station, featuring new casino space, bars, restaurants, and event areas. The company is developing a new Native American gaming property in Central California. It continues capital return programs with an extended $300 million addition to its share repurchase program through 2027. Its business strategy emphasizes reinvestment to enhance amenities and deliver superior customer service, supported by strong financial performance and a strategic presence in the growing Summerlin area to capture expanding household markets. Red Rock Resorts emphasizes operational excellence through innovation led by the Fertitta family, leveraging its extensive experience in regional gaming markets with over $9 billion invested in its developments to date. Red Rock Resorts operates through its subsidiary Station Casinos LLC, managing a comprehensive portfolio of gaming, hospitality, and entertainment offerings primarily within the United States, concentrated in the Las Vegas Valley. The company’s integrated casino resorts provide a broad array of gaming options, including slot machines, table games (blackjack, baccarat, craps, roulette), sports and race wagering, and high-limit gaming salons. Complementing gaming services, the company offers dining experiences ranging from fine dining to casual and quick-serve outlets, event and convention spaces, and entertainment features targeted to residents and tourists. The company has also expanded media and loyalty programs to enhance customer engagement. Red Rock Resorts, Inc. was incorporated in 2015 as a holding company but traces its operational origins to 1976 with Station Casinos. It is headquartered at 1505 S Pavilion Center Drive, Las Vegas, Nevada. The company employs approximately 9,300 people. Its recent strategic initiatives reflect both organic growth through property renovations and expansions, along with ongoing development projects to strengthen its competitive position and market share within the regional gaming and hospitality sector. This description reflects the company’s comprehensive business scope, core offerings, latest strategic developments, operational geography, and market focus.
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