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Companies / Consumer Discretionary / Red Rock Resorts, Inc.
RRR

Red Rock Resorts, Inc.

Ticker RRRLAS VEGAS, NVFiscal year ends DecemberBook value per share $2.90Diluted shares 59.1M

Red Rock Resorts, Inc. (NASDAQ: RRR) operates as a holding company that owns and manages Station Casinos LLC, a gaming, development, and management company established in 1976. The company's website is www.redrockresorts.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.01BFY2025
+3.7% year over year
Last 12 mo $2.00B
29.70%FY2025
+0.4 percentage points
Last 12 mo 27.67%
$355.67MFY2025
+22.1% year over year
Last 12 mo $320.78M
90.27%FY2025
+18.6 percentage points
Last 12 mo 98.74%
Cash & financing
$609.51MFY2025
+11.2% year over year
Last 12 mo $622.62M
$290.51MFY2025
+9.9% year over year
Last 12 mo $193.01M
16.50FY2025
Was 15.84× a year earlier
Last 12 mo 21.21
102.6MFY2025
−1.0% year over year
Last 12 mo 59.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Red Rock Resorts, Inc. does

In the company’s own words

Red Rock Resorts, Inc. (NASDAQ: RRR) operates as a holding company that owns and manages Station Casinos LLC, a gaming, development, and management company established in 1976. The company's website is www.redrockresorts.com.

Red Rock Resorts conducts all operations through Station Casinos LLC, which develops and operates strategically-located casino and entertainment properties primarily throughout the Las Vegas valley. The company's portfolio comprises seven major gaming and entertainment facilities and thirteen smaller casinos, three of which are fifty percent owned. The major properties include Red Rock, Green Valley Ranch, Durango Casino & Resort, Palace Station, Boulder Station, Sunset Station, and Santa Fe Station. Durango Casino & Resort, the company's newest major property, opened in December 2023 on approximately fifty acres at the intersection of Interstate 215 and Durango Drive in southwest Las Vegas. The company also operates smaller gaming establishments under the Wildfire brand and recently opened two Seventy Six taverns with slot wagering.

The company's portfolio encompasses approximately 2,734 hotel rooms, 16,553 slot machines, and 328 gaming tables across its properties. Over ninety percent of the Las Vegas population resides within five miles of one of Red Rock's gaming facilities. Gaming revenue represents approximately eighty percent of casino revenue, with the majority derived from slot play. Non-gaming offerings include restaurants, hotels, entertainment amenities, and convention facilities.

Red Rock Resorts holds one hundred percent of the voting interests in Station Casinos LLC and maintains fifty-nine percent of the economic interests through limited liability interests in Station Holdco LLC. The company is designated as the sole managing member of both entities.

Beyond its Las Vegas operations, Red Rock Resorts provides development and management services to Native American tribes. The company has successfully managed Native American casinos for over twenty years and currently operates under development and management agreements with the North Fork Rancheria of Mono Indians for the North Fork Project in California, with construction commenced in September 2024.

The company also owns approximately 454 acres of developable land comprising six strategically-located parcels in Las Vegas, each zoned for casino gaming and commercial uses, providing opportunities for future expansion and development.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Services
Headquarters
LAS VEGAS, NV
Fiscal year end
December
CIK
1653653
SIC
7011

Financial performance, year by year

Fiscal 2016–2025 · USD
$-393.15M$262.66M$918.47M$1.57B$2.23B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Red Rock Resorts, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

279
funds hold it
0 of 35
superinvestors hold it
$2.20B
held by funds, at market
58.8%
of shares held by funds

Largest fund holders · Red Rock Resorts, Inc.’s weight in each

Baron Partners Fund
BPTRX · BARON SELECT FUNDS
2.03%of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.17%of fund net assets
Baron Focused Growth Fund
BFGFX · BARON SELECT FUNDS
3.07%of fund net assets
Baron Generational Growth Fund
BGRFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
7.25%of fund net assets
BARON SMALL CAP FUND
BSCFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
5.08%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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