06/17: RED ROCK RESORTS, INC.: Submission of Matters to a … Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. Presently, Red Rock Resorts … Red Rock Resorts, Inc. est une société de jeux, de développement et de gestion. See insights on Red Rock Resorts including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [53] Station Casinos planned to hire 2,600 people for the Red Rock Resort, with approximately half of them expected to be transferred employees from the company's other local properties. Red Rock Resorts, Inc. (NASDAQ:RRR) went down by -1.89% from its latest closing price compared to the recent 1-year high of $27.91. There were also plans to renovate the 25,000 sq ft (2,300 m2) spa, as well as 26 hotel suites. Red Rock Resorts is not the only stock that insiders are buying. [16][33] After weeks of negotiations, Station Casinos and Summerlin residents compromised on a 198-foot (60 m) hotel tower and the complete removal of the timeshare buildings. Press Release reported on 08/18/20 that Station Casinos offers “Cashless Gaming” with “PlayOn” at Las Vegas Properties 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. Red Rock Resorts, Inc. (NASDAQ:RRR) closed at $23.93 on the last trading session with an decrease of -2.8%, whereas, it previously closed at $24.62. Red Rock Resorts Inc. (NASDAQ:RRR) went down by -2.64% from its latest closing price compared to the recent 1-year high of $27.91. In addition, we are an established leader in Native American gaming, having developed multiple successful properties, one of which we currently manage in northern California. Red Rock Resort, Casino & Spa. Former Nevada governor and U.S. senator Richard Bryan attended the opening, as did Andre Agassi and officials from rival casino companies. [3], In February 2014, the resort's Hachi restaurant was closed as part of a routine refreshing of dining options. SIGN UP FOR RRR NEWS. [127] Cloobeck accused Station Casinos of attempting to "hijack" the project. Statutory earnings performance was … [76][77] After winning the 2010 Nevada gubernatorial election, Brian Sandoval celebrated his victory at the Red Rock Resort. [3] Lucille's Smokehouse opened at the resort in 2013, and it also provided easy customer access similar to the Yard House restaurant. By the time of the announced expansion, the hotel lobby and the resort's Lucky Bar had already been remodeled. The sportsbook included bar service, as well as food service from the adjacent Turf Grill. [10][11] By April 2003, the project had been named "Red Rock Station",[12] after the Red Rock Canyon National Conservation Area,[13] located approximately three miles away. Unrivaled art. [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. Wall Street analysts have assigned a consensus price target of $25 to the … Red Rock Resorts' (RRR) focus on Palace Station and Palms redevelopment projects bodes well. [20] At the time, Culinary had been involved in an ongoing effort to unionize Station Casinos' 11,000 employees. The resort also features numerous chandeliers in various shapes and sizes, containing three million pieces of crystal. 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. E-mail Us or Call 702.495.3550. Red Rock Resorts, Inc. (NASDAQ:RRR) showed a performance of 19.55% in past 30-days. What happens here resonates everywhere. The implementation of easy customer access was inspired by two restaurants at the resort, the Yard House and Lucille's Smokehouse, which both used the same concept of easy access. Nearly 250 people attended the event,[24] which received a mixed reaction of opposition and support. Station Casinos, which had been surprised by the opposition, noted that the property had been zoned for gaming for more than a decade prior. The Company's segments include Las Vegas operations, Native American management, and Corporate and other. The project was announced in July 2002 and is named after the nearby Red Rock Canyon National Conservation Area. Red Rock Resort was Station Casinos' most expensive property, built at a cost of $925 million, including a hotel expansion that opened in 2007. Unparalleled Luxury. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. 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, … Most of our major properties are master-planned for expansion, enabling us to incrementally expand our facilities as demand dictates. Escape to a sensational world with a palm-lined swimming pool, rock … This is the perfect gathering spot for family-friendly dining with its outdoor deck on the Ski Beach and Canyons Golf. [79] After winning the 2012 Nevada caucus, U.S. presidential candidate Mitt Romney held a victory party and speech at the resort. Welcome to the new Palms. Press Release reported on 08/04/20 that Red Rock Resorts Announces Second Quarter 2020 Results Currently there seems to be a trend where stocks in the Consumer Cyclical, Arts, Entertainment, and Recreation sector(s) have been popular in this period. Luxury Accommodations. [111], In 2015, the resort began offering Rock Shot Bingo, a version of bingo featuring alcohol and a DJ, to appeal to younger customers. Red Rock Resorts had a negative return on equity of 7.41% and a negative net margin of 16.61%. Mr. Cootey joined the Company in March 2017 and served as Executive Vice President and Chief Administrative Officer prior to assuming his current role. [27] Opposition groups sent recorded phone messages to more than 200,000 southern Nevada residents urging against the project,[28] and rallies supporting and opposing the project were held in November 2003. [119] Rapper Nelly's music video for "Body on Me" was also shot at the resort in 2008. Despite the increased height, the towers would be built on land that was 29 feet lower in elevation from the hotel tower, making them no taller than the hotel's rooftop. The firm acquired 1,820 shares of the company’s stock, valued at approximately $31,000. Red Rock Casino Resort & Spa | 11011 W Charleston Blvd, Las Vegas, NV 89135 | Call (702) 797-7777 [103][104] At that time, Cherry consisted of 13,000 sq ft (1,200 m2), including an outdoor area with a pool, known as Cherry Pool during the summer. [78] During late 2011, the Red Rock Resort was the only casino in Nevada to offer the "Bonus Box," the name used for cylindrical containers attached to slot machines that dispense prizes to gamblers. [21] Station Casinos stated that Culinary only opposed the Red Rock Station because of the company's non-union status, a claim that was denied by the union. Mr. Cootey joined the Company in March 2017 and served as Executive Vice President and Chief Administrative Officer prior to assuming his current role. [131] In September 2006, Station Casinos announced that it was considering alternative possibilities for the land. The rise was fueled by a 39% increase in adjusted EBITDA. Get Red Rock Resorts Inc (RRR:NASDAQ) real-time stock quotes, news and financial information from CNBC. [17][29] By December 2003, a county voice mailbox had received 591 recorded messages since September, with 494 of the messages from opponents of the project or its tower; 97 of the messages were from supporters. At the Red Rock Resort, the emphasis is on comfort and relaxation as well as giving you the privacy that’s so important, while always being available to attend to your needs. The county had also received over 3,200 emails and letters, with approximately 100 of them in support of the project. Unprecedented suites. Performance wise the shares of Red Rock Resorts, Inc. (NASDAQ:RRR) … The firm operates through the following … See reviews, photos, directions, phone numbers and more for Red Rock Hotel Casino locations in Orlando, FL. Sell-side analysts expect that Red Rock Resorts will post -0.41 earnings per share for the current fiscal year. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. With a three year total loss of 21% for the shareholders, Red Rock Resorts, Inc. would certainly have some dissatisfied shareholders. [6][14] Nearby homeowners had also been informed upon purchasing their houses that the land was zoned for a potential casino project. They would be 80-percent owned by Station Casinos, while Cloobeck Molasky Partners I LLC would own the remainder. Red Rock Resort is a hotel and casino in Summerlin South, Nevada, located in the Las Vegas Valley. [36] Station Casinos stated that the redesign would increase the project's $400 million cost,[37] with a price between $450 million and $475 million. 1505 S. PAVILION CENTER DR. LAS VEGAS, NV 89135 It provides gaming … Hotel Amenities: The hotel will reopen for stay dates beginning June 4, complete with in-room dining, pool, spa and salon and complimentary valet. Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. Station LLC is a gaming, development and management company that develops … Cherry also included a DJ, and was meant to appeal to local residents through promotions. [105][106], In May 2011, work was underway on a temporary, outdoor amphitheater near the resort's pool. [3] Salute, a 4,000 sq ft (370 m2) Italian restaurant,[96] opened in the restaurant row in September 2015. [54][55] More than 100,000 people applied for jobs at the resort during 2005. 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. The remaining rooms, part of an expansion to the hotel tower, were expected to be open by December 2006. [53][86] The resort's design includes blown glass, polished sandstone, and 5,400 sq ft (500 m2) of multicolored onyx imported from India and Italy. The company has a market capitalization of $2.76 Billion. 08/04: RED ROCK RESORTS, INC.: Results of Operations and Financial Condition, Financia.. AQ. We have developed approximately $6 billion of regional gaming and entertainment destinations in multiple jurisdictions. Going further back, the stock’s price has tanked 52.15% over the last 6 months but is up 0.38% in year-to-date trading. Welcome to new Vegas. Press Release reported on 10/27/20 that Red Rock Resorts … Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. [67] The 3-acre (1.2 ha) pool area was located in the center of the resort property, surrounded by several restaurants, clubs, and the spa. 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. Red Rock Resort, Grove: See traveler reviews, candid photos, and great deals for Red Rock Resort, ranked #8 of 8 specialty lodging in Grove and rated 1 of 5 at Tripadvisor. 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. The 52 week high of Red Rock Resorts, Inc. (NASDAQ:RRR) is placed at 27.91 and 52 week low is standing at 2.76. We began operations in 1976 with a 5,000 square foot casino featuring 100 slot machines and have grown through development and acquisitions to become a premier provider of gaming and entertainment for residents of the Las Vegas regional market and visitors. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. [39][40] A groundbreaking ceremony was held for the resort on April 15, 2004, with an opening scheduled for early 2006. It is Station Casinos' flagship property,[3][4] and the company's corporate headquarters is located on the property.[5]. It would be Station Casinos' largest and most expensive resort, and would compete against the nearby Suncoast and Rampart casinos. The firm had revenue of $353.18 million for the quarter, compared to analysts’ expectations of $275.56 million. [5][127] The project was known as Red Rock Residences and The Residences at Red Rock. [61], Station Casinos hosted 3,800 special guests at the resort on the night of April 18, 2006, prior to the public unveiling at midnight. The conference call will consist of prepared remarks from the Company and will include a question … 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. The casino is 118,308 sq ft (10,991.2 m ), while the hotel contains 796 rooms. The upcoming opening of the nearby Downtown Summerlin mall prompted the resort's renovation project. Red Rock Resorts Inc. (NASDAQ: RRR) share prices have increased by 7.80% over the past week, but are up 36.98% over prices posted in the last quarter. Uncompromising service. [38], The Red Rock resort was built in what would eventually become Downtown Summerlin. [100][113][114] A dance show titled Alice: A Steampunk Concert Fantasy, based on the books Alice in Wonderland and Through the Looking-Glass, began at the Rocks Lounge in July 2017. Mr. Cootey served as the Chief Financial Officer of Wynn Resorts … [80] Also during 2012, a 79-year-old woman bowled a perfect 300-score game at the resort's bowling alley, becoming the oldest woman in Nevada history to score a perfect game and the second-oldest woman in U.S. history to do so. DISCOVER RED ROCK COUNTRY. The resort's design includes blown glass, polished sandstone, and 5,400 sq ft (500 m ) of multicolored onyx imported from India and Italy. [8] Station Casinos tentatively referred to the project as Charleston Station. [119][121][122], In July 2005, Station Casinos announced that it was partnering with developers Stephen Cloobeck and Steven Molasky to build two condominium high-rise towers on 8 acres (3.2 ha) of property next to the Red Rock Resort. [6][14] Opponents also believed that the 1,500-room count was too much for the nearby residential area. The firm … Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. The resort's LBS: A Burger Joint restaurant also closed that month, after five years of operations. ET (1:30 p.m. PT). [17][18] Because of the opposition, Station Casinos delayed its request for approval from the Clark County Planning Commission, giving the company time to pitch the project to opponents. At the resort, the cylinders each contained $500 and were attached to 10 different slot machines as part of a field test, which was viewed favorably by customers. [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. The 8,800-seat venue would host six concerts that year, from June to October, before being dismantled. Mr. Fertitta also served as President of Station LLC from January 2011 to … [47][48] As of January 2005, the resort was expected to cost $475 million. [5] The condominium project had been scheduled for groundbreaking around October 2006,[129] but was ultimately cancelled. RED ROCK RESORTS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 47-5081182 (I.R.S. [6] In October 2003, the project received opposition from people who believed that it would harm the quality of life for Summerlin residents and that it would destroy the views of Red Rock Canyon. [69] The casino included nearly 3,200 slot machines, with slightly more than half of them being video poker. Station Casinos executives Frank Fertitta III and his brother Lorenzo Fertitta chose to include the chandeliers, having been inspired by older Las Vegas resorts such as the Desert Inn and the Sands Hotel and Casino. Therefore, it might be upsetting for shareholders if the CEO were paid generously. [112] Zowie Bowie, a cover band, performed at the Rocks Lounge for nearly 10 years, from the resort's opening until January 2016. Book direct to save! In October 2003, the project received opposition from people who believed that it would harm the quality of life for Summerlin residents and that it would destroy the views of Red Rock Canyon. We also provide friendly service and exceptional value in a comfortable environment. Red Rock Resorts Announces Third Quarter 2020 Results, Red Rock Resorts Announces Third Quarter 2020 Conference Call and Earnings Release Date, California Supreme Court Decision Clears Major Hurdle For Development Of Casino By North Fork Rancheria Of Mono Indians. Red Tail Grill is located in the Grand Summit Hotel at Park City, Canyons Village Base, just steps from the Ski Beach and Orange Bubble Express. [3][82] Planned as part of the new restaurant row was the Hearthstone Kitchen & Cellar, to be operated by The Light Group in the 5,400 sq ft (500 m2) space formerly occupied by Hachi. Red Rock Resorts Inc. [RRR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.11. A six-month, $35 million expansion was announced in 2014, and included the addition of several new restaurants. Advertise with us © 2020 Verizon Media. Red Rock Resorts, Inc. is a holding company that manages and owns an equity interest in Station Casinos LLC. [62] Approximately 80 percent of revenue was expected to come from local residents. Sign up to receive the latest information from Red Rock Resorts. (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphoto ", we're more than just America's largest indoor waterparks - we're also authentically-African themed resorts… [65][67] The resort also features numerous chandeliers in various shapes and sizes, containing three million pieces of crystal. [53][58][59][60] Employees underwent six weeks of pre-opening training to ensure preparedness for the public opening. [18][25], Residents continued to oppose the tower,[26][21] and opponents worked to gather support in an effort to derail the project. [19], The Culinary Workers Union, along with environmental organizations Sierra Club and The Conservation Fund, joined opponents of the project, stating that the tower would ruin the nearby views. [41][42] Perini Building Company was the general contractor for the project,[43][44] which was designed by Portland-based Architropolis, Las Vegas-based The Friedmutter Group, and SADI. The expansion and rising construction costs increased the project's estimated cost to $800 million, which would make it the most expensive locals casino ever built in Las Vegas. Construction was expected to take approximately 15 months, with a cost of more than $300 million. [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. Deluxe Rooms Inspired by the natural beauty … [104] Cherry closed in January 2010, and Station Casinos began evaluating better uses for the space that would bring in more profits. Palms. Red Rock Resorts Inc. (RRR) full year performance was 0.84%. [102][103][101] It was ultimately converted into event space,[3] and the Cherry Pool reopened in May 2010, as the Red Rock Cabana Club, a 275-person pool area separate from the main pool where guests could have pool parties. Facebook; Twitter; Instagram; Youtube; Get Red Rock Resorts Mail ; … Red Tail brings a Western twist to the English gastro pub offering traditional tap house fare using local, sustainable products. Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2020 on Tuesday, August 4, 2020 and will hold a conference call on the same day at 4:30 p.m. Set amidst the spectacular beauty of the magnificent red rock formations surrounding Sedona; Escape to the Hilton Sedona Resort at Bell Rock where filling the … The resort includes a 118,309 sq ft (10,991.3 m2) casino, a 796-room hotel, a 3-acre (1.2 ha) pool area, a spa, 94,000 sq ft (8,700 m2) of meeting space, and a 16-screen movie theater. The resort has a modern design with a desert-themed influence. [ 85 ] the resort was Station Casinos of attempting to `` hijack '' the.. 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