Red Rock Resorts, Inc. (RRR)
Red Rock Resorts, Inc. operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Las Vegas, NV, US. The stock last traded at $54.69, down 0.60% on the session, giving a market capitalisation of $3.20B. On trailing twelve-month figures it carries a trailing P/E of 14.02, a net margin of 8.4%. Its beta of 1.31 implies it has historically moved more than the broad market.
Red Rock Resorts, Inc. is a company that develops and operates casino and entertainment properties throughout the United States. This is primarily achieved through its investments in Station Holdco and Station LLC. The business is categorized into two main divisions: Las Vegas Operations and Native American Management. In the Las Vegas regional market, the company owns and runs a total of 19 gaming facilities, comprising 9 larger entertainment complexes and 10 smaller casinos. Additionally, Red Rock Resorts manages the Graton Resort & Casino, situated in northern California. By December 31, 2021, its Las Vegas properties featured roughly 13,894 slot machines, 240 table games, and 3,081 hotel rooms. The enterprise, originally founded in Las Vegas, Nevada, in 1976, officially became Red Rock Resorts, Inc. in January 2016, after operating for years as Station Casinos Corp.
Red Rock Resorts, Inc. is most often compared with the following Consumer Cyclical names: