---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017904"
form_type: "8-K"
ticker: "RRR"
cik: "0001653653"
company_name: "Red Rock Resorts, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:16:24.881358+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Red Rock Resorts Q1 revenue up 8% to $433.6M; net income down 7.3% to $85.5M

## Summary
- Net revenue $433.6M (+8.0% YoY); Las Vegas operations revenue $430.0M (+7.6%).
- Adjusted EBITDA $194.2M (+8.6% YoY); Las Vegas ops EBITDA $214.1M (+8.0%).
- Net income $85.5M, down 7.3% from $92.2M in Q1 2022.
- Cash $107.7M; total debt $3.1B; quarterly dividend $0.25/share payable June 30, 2023.
- Station Holdco distribution of $0.25/unit; ~$15.6M to RRR, ~$11.5M to other holders.

## SEC filing metadata
- accession: 0000950170-23-017904
- form_type: 8-K
- ticker: RRR
- cik: 0001653653
- company_name: Red Rock Resorts, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653653/000095017023017904/0000950170-23-017904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653653/000095017023017904/rrr-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017904
- JSON: https://secwatch.observer/filing/0000950170-23-017904.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017904.txt

## Key facts
- Earnings Releases
  Red Rock Resorts, Inc. reported first quarter ended March 31, 2023 results: revenue $433.6 million, net income $85.5 million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $433.6 million
  - Net income: $85.5 million
  - Result: reported results
  source text: Net revenues were $433.6 million for the first quarter of 2023, an increase of 8.0%, or $32.0 million, from $401.6 million in the same period of 2022. Net income was $85.5 million for the first quarter of 2023, a decrease of 7.3%, or $6.7 million, from $92.2 million in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653653/000095017023017904/0000950170-23-017904-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.