OverviewSuggest Edit

Red Rock Resorts, Inc. is a holding company that manages and owns an equity interest in Station Casinos LLC. Station LLC is a gaming, development and management company that develops and operates strategically-located casino and entertainment properties. It currently owns and operates gaming and entertainment facilities and casinos, offering slot machines, table games and hotel rooms in the Las Vegas regional market. In addition, Station LLC also manages Graton Resort & Casino in Sonoma County, California and Gun Lake Casino in Allegan County, Michigan, both on behalf of Native American tribes.

TypePublic
Founded2006
HQLas Vegas, NV, US
Websiteredrockresort.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Jan 2020)14,000(+2%)
Revenue (FY, 2020)$1.2 B(-36%)
Share Price (Sept 2021)$45.2(-3%)
Cybersecurity ratingCMore

Key People/Management at Red Rock Resorts

Ulrik Bengtsson

Ulrik Bengtsson

Chief Executive Officer and Director
Matt Ashley

Matt Ashley

Chief Financial Officer and Director
Joe Asher

Joe Asher

USA CEO
Satty Bhens

Satty Bhens

Chief Product and Technology Officer
Elena Chambers

Elena Chambers

Chief of Staff
Karen Myers

Karen Myers

Chief HR Officer
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Red Rock Resorts Office Locations

Red Rock Resorts has an office in Las Vegas
Las Vegas, NV, US (HQ)
11011 W Charleston Blvd
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Red Rock Resorts Financials and Metrics

Red Rock Resorts Revenue

Red Rock Resorts's revenue was reported to be $1.18 b in FY, 2020
USD

Revenue (Q1, 2021)

352.6m

Net income (Q1, 2021)

(106.6m)

EBIT (Q1, 2021)

(71.2m)

Market capitalization (8-Sept-2021)

5.3b

Closing stock price (8-Sept-2021)

45.2

Cash (31-Mar-2021)

117.9m

EV

8.0b
Red Rock Resorts's current market capitalization is $5.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.5b1.6b1.7b1.9b1.2b

General and administrative expense

325.7m379.2m390.5m416.4m324.6m

Operating expense total

352.3m414.3m438.9m416.4m324.6m

Depreciation and amortization

156.7m178.2m180.3m222.2m231.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

359.2m351.5m347.1m417.7m403.5m400.4m421.0m416.2m412.3m447.0m482.9m465.9m377.4m108.5m239.9m352.6m

Cost of goods sold

57.7m

Gross profit

182.2m

Gross profit Margin, %

76%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

133.8m231.5m114.6m128.8m121.2m

Accounts Receivable

48.7m51.3m56.7m35.1m

Prepaid Expenses

19.4m34.4m17.6m13.8m

Inventories

12.0m12.6m14.9m17.8m13.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

155.8m63.0m219.5m(6.7m)(174.5m)

Depreciation and Amortization

156.7m178.2m180.3m222.2m231.4m

Accounts Payable

8.9m(1.2m)2.7m9.7m(21.4m)

Cash From Operating Activities

346.2m289.1m346.0m316.6m212.8m
USDQ1, 2016

Debt/Equity

0.1 x

Financial Leverage

4.7 x
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Red Rock Resorts Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Red Rock Resorts Online and Social Media Presence

Embed Graph

Red Rock Resorts News and Updates

Red Rock Resorts Has Issued A Notice Of Partial Redemption Of Senior Notes Due 2025

LAS VEGAS, Jan. 21, 2021 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that Station Casinos LLC ("Station Casinos") has issued a conditional notice of partial redemption of the 5.000% senior notes due 2025. The Company...

Consider Red Rock Resorts If You Are A Patient Investor

The pandemic has hit few companies as hard as it has Red Rock Resorts, which manages casinos and entertainment properties through Station Casinos LLC. Discretionary spending is down and consumers are staying away from public/crowded places. The impact started to show in the Jan-Mar quarter when...

Stocks making the biggest moves after hours: Tesla, Red Rock Resorts, Fitbit and more

See which stocks are posting big moves after the bell.

Richard Haskins, Red Rock Resorts President, Dies in Accident

Richard Haskins, Red Rock Resorts President, Dies in Accident

Red Rock Resorts, Inc. Announces Death of President Richard J. Haskins

LAS VEGAS, July 4, 2020 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "the Company" or "Station Casinos") (NASDAQ: RRR), issued the following statement: "It is with profound sadness that we announce that Richard J. Haskins, President of Red Rock Resorts, Inc. and Station...

Red Rock Resorts Announces Fourth Quarter and Full Year 2019 Conference Call and Earnings Release Date

LAS VEGAS, Jan. 30, 2020 /PRNewswire/ -- 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 2019 on Tuesday, February 4th, 2020 and will hold a...
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Red Rock Resorts Blogs

Tacos & Tequila to Bring Signature Mexican Fare Back to Vegas with Vibrant, New Restaurant at Palace Station

The award-winning margaritas and Mexican food of Tacos & Tequila (T&T) will return to Las Vegas after over a decade of success on the Strip with a vibrant new restaurant and cantina at Palace Station. Opening later this year, the new T&T will span 4,000-square-feet near the sports book i…

Everything Locals Need to Know About Football Season With STN Sports and Station Casinos

The local favorite has new offerings. See what's new with the STN Sports app. Plus, food and drink specials, football viewing, and more. The post Everything Locals Need to Know About Football Season With STN Sports and Station Casinos appeared first on Station Casinos Blog.

Last Man Standing Football Contest Returns For 2021 Season With A Potential $1 Million To Winner

Here's what you need to know about the Pro Football Last Man Standing Contest 2021. The post Last Man Standing Football Contest Returns For 2021 Season With A Potential $1 Million To Winner appeared first on Station Casinos Blog.

Six Local Spots to Get Oysters for National Oyster Day in Vegas

Las Vegas is home to some of the best quality dining options in America and oysters are no exception. Here are our favorite spots in town to get them. The post Six Local Spots to Get Oysters for National Oyster Day in Vegas appeared first on Station Casinos Blog.

Your Perfect Weekend Itinerary for a Stay at Palace Station

Our newly renovated Palace Station is a great option to book your next stay. Here's the ultimate itinerary to help you make the most out of your stay at the original locals casino. The post Your Perfect Weekend Itinerary for a Stay at Palace Station appeared first on Station Casinos Blog.

A Guide to Hosting Your Next Group Event at Green Valley Ranch

Have an upcoming business conference, meeting, or special event to plan? Green Valley Ranch Resort and Casino is the perfect space to host meetings and events. From custom-crafting the perfect menu, to sourcing gorgeous design details, our team of seasoned caterers and event planners executes every …
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Red Rock Resorts Frequently Asked Questions

  • When was Red Rock Resorts founded?

    Red Rock Resorts was founded in 2006.

  • Who are Red Rock Resorts key executives?

    Red Rock Resorts's key executives are Ulrik Bengtsson, Matt Ashley and Joe Asher.

  • How many employees does Red Rock Resorts have?

    Red Rock Resorts has 14,000 employees.

  • What is Red Rock Resorts revenue?

    Latest Red Rock Resorts annual revenue is $1.2 b.

  • What is Red Rock Resorts revenue per employee?

    Latest Red Rock Resorts revenue per employee is $84.5 k.

  • Who are Red Rock Resorts competitors?

    Competitors of Red Rock Resorts include Las Vegas Sands, Resorts World Las Vegas and Treasure Island.

  • Where is Red Rock Resorts headquarters?

    Red Rock Resorts headquarters is located at 11011 W Charleston Blvd, Las Vegas.

  • Where are Red Rock Resorts offices?

    Red Rock Resorts has an office in Las Vegas.

  • How many offices does Red Rock Resorts have?

    Red Rock Resorts has 1 office.