Red Rock Resorts reports $497.9m in revenue for Q1
The casino operator’s revenue rose 1.8 per cent year-on-year.
US.- Red Rock Resorts has published its financial results for the first quarter that ended March 31. It reported revenue of $497.9m, 1.8 per cent higher than in the first quarter of 2024. Adjusted EBITDA was $215.1m, an increase of 2.8 per cent year-on-year, and net income was $86m, up 9.8 per cent.
For Las Vegas operations, net revenue was $495m, an increase of 1.9 per cent from $485.6m in the same period of 2024. Adjusted EBITDA was $235.9m, an increase of 2.7 per cent.
Casino operations generated $333.2m, up from $316.9m in the first quarter of last year but down by 2.9 per cent quarter-over-quarter. Food & beverage revenue was $89.2m, down 4.4 per cent year-on-year. Room & other revenues amounted to $75.3m, down from $78.8m.
