Highest-materiality recent filing
Red Rock Resorts Q2 net income falls 29% to $76.6M; revenue down 3% to $510.3M
Net revenues $510.3M, down 3.0% YoY; net income $76.6M, down 29.3% YoY.
Red Rock Resorts CLO to retire; Colby Williams named General Counsel
CLO Jeffrey Welch retiring effective Sept 8, 2026; will stay through Dec 2026 in transition role with $900k salary and bonus.
Red Rock Resorts annual meeting approves all director nominees, say-on-pay, and auditor ratification
Director Frank J. Fertitta III received 493,503,377 votes for and 6,229,062 withheld; other nominees similarly elected.
Red Rock Resorts Q1 net revenues up 1.9% to $507.3M; net income down 3.8% to $82.7M
Consolidated net revenues $507.3M (+1.9% YoY); net income $82.7M (-3.8% YoY).
Red Rock Resorts Q4 revenue up 3.2% to $511.8M; special dividend $1.00 declared
Q4 net revenues $511.8M (+3.2% YoY); net income $84.6M (-3.5%); Adjusted EBITDA $213.3M (+5.4%).
Red Rock Resorts Q3 net income up 38.8% to $76.9M; expands share repurchase by $300M
Net revenues $475.6M (+1.6% YoY); net income $76.9M (+38.8% YoY).
Red Rock Resorts Q2 net revenue up 8.2% to $526.3M; net income up 55.1%
Net revenue $526.3M (+8.2% YoY); net income $108.3M (+55.1% YoY).
RRR annual meeting: all director nominees elected, say-on-pay and auditor ratified
All five incumbent directors re-elected with >99% of votes cast; broker non-votes of 2.84M shares.
Net revenues $497.9M (+1.8% YoY); net income $86.0M (+9.7% YoY); Adjusted EBITDA $215.1M (+2.8% YoY).
Red Rock Resorts Q4 revenue up 7.1% to $495.7M, net income down 19.5%
Net revenues $495.7M (+7.1% YoY); net income $87.7M (-19.5%); adjusted EBITDA $202.4M (+0.5%).
Station Casinos reduces interest margin on $1.54B term loan to SOFR+2.00%
Amends existing $1.54B term B loan facility, reducing applicable margin to 2.00% (SOFR) or 1.00% (Base Rate).
Red Rock Resorts Q3 2024 revenue up 13.7% to $468M; net income down 19%
Net revenues $468.0M (up 13.7% YoY); net income $55.4M (down 19% from $68.4M).
Red Rock Resorts Q2 revenue +16.9% to $486.4M; net income -6.8% to $69.8M
Net revenues $486.4M (+16.9% YoY); Las Vegas ops revenues $483.2M (+17.1%).
All five director nominees elected: Frank J. Fertitta III, Lorenzo J. Fertitta, Robert A. Cashell Jr., Robert E. Lewis, James E. Nave, D.V.M.
Red Rock Resorts Q1 revenue up 12.7% to $488.9M, net income down 8.4%
Net revenues $488.9M (+12.7% YoY); net income $78.4M (-8.4% YoY).
Station Casinos LLC issues $500M 6.625% senior notes and $1.57B term loan to refinance existing debt
Station Casinos LLC (Red Rock Resorts subsidiary) issued $500M aggregate principal of 6.625% Senior Notes due 2032.
Station Casinos prices $500M 6.625% Senior Notes due 2032, upsizes term loan to $1.57B
Station Casinos priced $500M 6.625% Senior Notes due 2032, down from $750M.
Red Rock Resorts announces COO change: Finch resigns, Nichols promoted
Robert Finch resigned as COO effective Feb 20, 2024; will stay as non-officer employee through July 31, 2024 on $650k salary and prorated bonus.
Red Rock Resorts Q4 revenue up 8.8% to $462.7M; net income down 36%; declares $1 special dividend
Q4 net revenues $462.7M (+8.8% YoY); net income $108.9M (-36% YoY); Adjusted EBITDA $201.3M (+3.6%).
Red Rock Resorts Q3 net income down 28% to $68.4M; Adj. EBITDA down 3.7%
Net revenues $411.6M (-0.7% YoY); net income $68.4M (-28.3% from $95.5M).
Net revenues $416.1M, down 1.5% YoY from $422.2M; net income $74.9M, up 130.9% from $32.4M.
Certificate amendment filed to limit officer liability under Delaware law; previously only directors were exculpated.
Red Rock Resorts Q1 revenue up 8% to $433.6M; net income down 7.3% to $85.5M
Net revenue $433.6M (+8.0% YoY); Las Vegas operations revenue $430.0M (+7.6%).
Red Rock Resorts Q4 net income falls 14.9% to $170.2M; revenue up 0.7%
Q4 net revenues $425.5M (+0.7% YoY); net income $170.2M (-14.9% YoY); Adjusted EBITDA $194.4M (+2.5% YoY).
Red Rock Resorts declares $1.00 special dividend payable Dec 9, 2022
Special cash dividend of $1.00 per Class A common share declared by Board.
Red Rock Resorts Q3 net income down 19% to $95.5M; adjusted EBITDA down 1.4%
Net revenues $414.4M flat YoY; net income $95.5M down from $117.9M.
Red Rock Resorts Q2 net income falls to $32.4M; EBITDA down 10% YoY
Net revenues $422.2M (-1% YoY); net income $32.4M (-77% from $143.4M).
Red Rock Resorts permanently closes three Las Vegas properties, to sell land
Permanently closing Texas Station, Fiesta Rancho, and Fiesta Henderson, closed since March 2020.
All six director nominees elected with majority support (97.6%-98.7% of votes cast).
Red Rock Resorts Q1 2022: rev $401.6M (+14%), adj EBITDA $178.7M, net income $92.2M
Net revenues $401.6M (+14% YoY); net income $92.2M vs net loss $106.6M in Q1 2021.
Red Rock Resorts sets President Kreeger's compensation: $1.1M base, $8.65M equity, 5-yr term
Scott Kreeger receives annual base salary of $1,100,000 and target bonus of 125% of base.
Red Rock Resorts appoints Scott Kreeger as President effective Feb 28, 2022
Scott Kreeger, 56, appointed President; previously SVP of Development since rejoining in Sept 2021.
Red Rock Resorts reinstates quarterly dividend at $0.25/share, 150% increase from prior $0.10
Quarterly dividend reinstated at $0.25/share; prior rate was $0.10/share before suspension in 2020 due to pandemic.
Red Rock Resorts Q4 net rev $422.4M (+23% YoY); net income $200.1M
Q4 net revenues $422.4M, up 23% YoY from $343.4M; net income $200.1M vs $49.6M.
Red Rock Resorts completes $650M sale of Palms Casino Resort to SMGHA Nevada
Closed sale of Palms Casino Resort and Palms Place in Las Vegas on Dec 17, 2021.
Station Casinos issues $500M 4.625% notes due 2031 for distribution and buyback
Station Casinos LLC issued $500M aggregate principal of 4.625% Senior Notes due 2031 on Nov 26, 2021.
Station Casinos prices $500M 4.625% senior notes due 2031
$500M aggregate principal at 4.625% interest, issue price 100% of par, due 2031.
Modified Dutch Auction tender to buy up to $350M of Class A common stock at $46-$53 per share; expires Dec 9, 2021.
Red Rock Resorts Q3 2021: Net revenue up 17% to $414.8M; net income up 64%
Net revenues of $414.8M, up 17% YoY; net income of $117.9M, up 64% YoY.
Red Rock Resorts calls $280M of 5.000% senior notes due 2025
Station Casinos issued redemption notice for $280,333,000 principal of 5.000% senior notes due 2025.
Red Rock Resorts Q2 2021 net revenues $428.2M, net income $143.4M; EBITDA up 82% vs 2019
Net revenues $428.2M, up 295% from Q2 2020, down 11% vs Q2 2019.
On June 12, 2026, Red Rock Resorts, Inc. and Station Casinos LLC (together, the “Company”) announced that Jeffrey T. Welch is retiring and will step down from his role as Chief Legal Officer of the Company effective September 8, 2026.
In connection with Mr. Welch’s departure, the Company announced that J. Colby Williams, age 56, has been appointed to the role of Executive Vice President and General Counsel, effective upon commencement of his employment with the Company, which is anticipated to be on or around September 8, 2026.
On February 20, 2024, Red Rock Resorts, Inc. and Station Casinos LLC (together, the “Company’”) announced that Robert A. Finch resigned his role as Chief Operating Officer of the Company effective February 20, 2024.
the Company announced that Kord Nichols, age 42, was appointed by the Board of Directors to the role of Executive Vice President and Chief Operating Officer, effective February 20, 2024.
On February 28, 2022, Red Rock Resorts, Inc. and Station Casinos LLC (together, the “Company”) announced the appointment of Scott Kreeger to the position of President.
Max materiality 0.85 · Median 0.65 · Most common event earnings