---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-361188"
form_type: "8-K"
ticker: "RRR"
cik: "0001653653"
company_name: "Red Rock Resorts, Inc."
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:08:59.003061+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Rock Resorts completes $650M sale of Palms Casino Resort to SMGHA Nevada

## Summary
- Closed sale of Palms Casino Resort and Palms Place in Las Vegas on Dec 17, 2021.
- Aggregate cash consideration of $650M, net proceeds ~$641M after transaction costs and working capital adjustments.
- Pro forma net income for nine months ended Sep 30, 2021: $104.5M vs as-reported $93.2M.
- Pro forma net loss for year ended Dec 31, 2020: $91.6M vs as-reported $150.4M loss.
- Sale includes elimination of $656.6M in assets held for sale from balance sheet.

## SEC filing metadata
- accession: 0001193125-21-361188
- form_type: 8-K
- ticker: RRR
- cik: 0001653653
- company_name: Red Rock Resorts, Inc.
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653653/000119312521361188/0001193125-21-361188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653653/000119312521361188/d231599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-361188
- JSON: https://secwatch.observer/filing/0001193125-21-361188.json
- Plain text: https://secwatch.observer/filing/0001193125-21-361188.txt

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