Red Rock Resorts has 14,000 employees at their 1 location and $1.86 B in annual revenue in FY 2019. [8] Station Casinos tentatively referred to the project as Charleston Station. Number of shares sold short was 3.55 Million shares which calculate 2.57 days to cover the short interests. Sell-side analysts expect that Red Rock Resorts will post -0.41 earnings per share for the current fiscal year. The resort's design includes blown glass, polished sandstone, and 5,400 sq ft (500 m ) of multicolored onyx imported from India and Italy. Has Red Rock Resorts, Inc. Been A Good Investment? Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. Facebook; Twitter; Instagram; Youtube; Get Red Rock Resorts Mail ; … Red Rock Resorts, Inc. est une société de jeux, de développement et de gestion. Las Vegas Hotels & Resorts. [6][14] Opponents also believed that the 1,500-room count was too much for the nearby residential area. [3], In February 2014, the resort's Hachi restaurant was closed as part of a routine refreshing of dining options. [119] Rapper Nelly's music video for "Body on Me" was also shot at the resort in 2008. Red Rock Casino Resort & Spa | 11011 W Charleston Blvd, Las Vegas, NV 89135 | Call (702) 797-7777 We have developed approximately $6 billion of regional gaming and entertainment destinations in multiple jurisdictions. Our Las Vegas properties are broadly distributed throughout the market and easily accessible, with over 90% of the Las Vegas population located within five miles of one of our gaming facilities. [131] In September 2006, Station Casinos announced that it was considering alternative possibilities for the land. [76][77] After winning the 2010 Nevada gubernatorial election, Brian Sandoval celebrated his victory at the Red Rock Resort. Construction was expected to take approximately 15 months, with a cost of more than $300 million. It is owned and operated by Station Casinos on 59.43 acres (24.05 ha)[2] located in the Downtown Summerlin neighborhood. A total of 4,000 people spent time at the resort during the final week before the public opening, and a total of 100,000 meals had been served during the six-week pre-opening period. Restaurants were operated and each hotel room was occupied three different times during the six-week period. Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. [31][32], Station Casinos stated that a 300-foot tower was necessary to ensure that guests would have unobstructed views of the Las Vegas Strip in the event that previously approved office towers would be built nearby the project. Red Rock guests will be able to play their favorite machines, select table games (excluding live poker), bingo, and keno and also includes outdoor gaming poolside and sports book wagering. The chandeliers cost over $6 million. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. A six-month, $35 million expansion was announced in 2014, and included the addition of several new restaurants. Traded as: NASDAQ: RRR (Class A) Russell 2000 Component: Founded: April 26, 2016; 4 years ago () Website: redrockresorts.com: Station Casinos is an American hotel and casino gaming company based in the Las Vegas suburb of Summerlin South, Nevada, and founded by Frank Fertitta Jr. Station Casinos, along with Affinity Gaming, Boyd Gaming and Golden Entertainment, … Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2020. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. [109] In 2013, the Academy of Country Music named Red Rock Resort as the Casino of the Year for hosting many country singers during 2012. [119] By August 2008, the resort had been the filming location for segments of The Late Late Show with Craig Ferguson and episodes of The Real Housewives of Orange County, as well as Rock of Love with Bret Michaels. Differnt by Design. [45] In May 2004, the Red Rock Station passed the Clark County Commission's design review without opposition. [22] Several days later, the Clark County Planning Commission approved the 300-foot tower. [53][87] The Lucky Bar features a chandelier with more than 1.6 million crystals. Just like the striking sandstone canyons we call home, accommodations at Red Rock Resort are grand, inspiring, and unlike anything else you’ll find in our valley. [65][67] The Red Rock Resort was only the second casino to open in Summerlin, after the Rampart. The company had until October 2002 to purchase the property for a total of $65 million. [1], By July 2005, the project's cost had increased to $925 million as a result of increased construction costs and design changes. [60] The resort also featured 94,000 sq ft (8,700 m2) of meeting space, and a luxury spa. All news about RED ROCK RESORTS, INC. 10/06: RED ROCK RESORTS: Announces Third Quarter 2020 Conference Call and Earnings Rel.. PR. [7][8], Station Casinos expected to complete its purchase of the land by June 2003, with construction scheduled to begin late that year or in early 2004. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. [70] A 16-screen movie theater, operated by Regal Cinemas, opened on April 21, 2006. Wall Street analysts have assigned a consensus price target of $25 to the … [95] Also planned was the renovation of T-Bones Chophouse. Hotels near Red Rock Canyon National Conservation Area, Las Vegas on Tripadvisor: Find 29,598 traveler reviews, 50,019 candid photos, and prices for 340 hotels near Red Rock Canyon National Conservation … Red Rock Resorts Announces Third Quarter 2020 Conference Call and Earnings Release Date Sep 3, 2020 California Supreme Court Decision Clears Major Hurdle For Development Of Casino By North Fork Rancheria Of Mono Indians The entrance to Red Rock Resort's Christmas-themed popup bar Merry Crimson on Monday, Nov. 23, 2020, in Las Vegas. [100], In 2007, Station Casinos took over operations at the Cherry nightclub, after parting ways with Gerber. Unprecedented suites. See reviews, photos, directions, phone numbers and more for Red Rock Hotel Casino locations in Orlando, FL. Mr. Fertitta also served as President of Station LLC from January 2011 to … [38], The Red Rock resort was built in what would eventually become Downtown Summerlin. The resort's LBS: A Burger Joint restaurant also closed that month, after five years of operations. Advertise with us © 2020 Verizon Media. Shares of casino operator Red Rock Resorts (NASDAQ: RRR) dropped as much as 15% in the first half hour of trading on Thursday. Therefore, it might be upsetting for shareholders if the CEO were paid generously. Palms. The remaining rooms, part of an expansion to the hotel tower, were expected to be open by December 2006. [73][66] An expansion to the resort's spa was also planned to open in early 2007, along with the new hotel rooms. Station Casinos, which had been surprised by the opposition, noted that the property had been zoned for gaming for more than a decade prior. [105][106], In May 2011, work was underway on a temporary, outdoor amphitheater near the resort's pool. The 8,800-seat venue would host six concerts that year, from June to October, before being dismantled. According to present data Red Rock Resorts Inc - Class A's RRR shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). 08/04: RED ROCK RESORTS, INC.: Results of Operations and Financial Condition, Financia.. AQ. ET (1:30 p.m. PT). Red Rock Resorts, Inc. (NASDAQ:RRR) went up by 3.49% from its latest closing price when compared to the 1-year high value of $27.91 and move down -100.5%, while RRR stocks collected 27.01% of gains with the last five trading sessions. [112] Zowie Bowie, a cover band, performed at the Rocks Lounge for nearly 10 years, from the resort's opening until January 2016. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements. [44] "Resort" was added to the name instead of the usual "Station" name used with the company's other properties, in order to denote the Red Rock property's luxury image. The project initially was to include a 23-story, 300-foot hotel tower with 1,000 rooms, as well as timeshare buildings that would be added in a future phase. See insights on Red Rock Resorts including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [9] At a cost of approximately $4,000, Culinary and the Sierra Club mailed fliers to more than 10,000 residents, urging them to tell the Clark County Commission to reject the 300-foot tower. 1505 S. PAVILION CENTER DR. LAS VEGAS, NV 89135 [49], On March 15, 2005, Station Casinos announced plans to begin expanding the Red Rock Station before its opening, including an increase in hotel rooms from 400 to 850. A separate $65 million expansion also occurred during 2006, and included a $31 million bowling alley, the most expensive in the world. [57] Selected audiences were allowed to tour the resort in March and April 2006, prior to its opening. The project was announced in July 2002 and is named after the nearby Red Rock Canyon National Conservation Area. They would be 80-percent owned by Station Casinos, while Cloobeck Molasky Partners I LLC would own the remainder. Hard Rock Hotel® is equal parts family-friendly fun and rock god heaven. [79] After winning the 2012 Nevada caucus, U.S. presidential candidate Mitt Romney held a victory party and speech at the resort. Dimension Capital Management LLC acquired a new stake in Red Rock Resorts, Inc. (NASDAQ:RRR) during the third quarter, according to its most recent Form 13F filing with the SEC. The redesigned project was unanimously approved by the Clark County Commission in January 2004,[34][35] with approval to build up to 1,000 rooms. 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