{"id":10708,"date":"2026-05-02T22:30:37","date_gmt":"2026-05-02T22:30:37","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/02\/red-rock-resorts-posts-record-q1-revenue-of-507-3m\/"},"modified":"2026-05-02T22:30:37","modified_gmt":"2026-05-02T22:30:37","slug":"red-rock-resorts-posts-record-q1-revenue-of-507-3m","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/05\/02\/red-rock-resorts-posts-record-q1-revenue-of-507-3m\/","title":{"rendered":"Red Rock Resorts Posts Record Q1 Revenue Of $507.3M"},"content":{"rendered":"<div>\n<p>Red Rock Resorts posted record first-quarter revenue, helped by steady Las Vegas casino play and strong non-gaming spend, even as profit and adjusted earnings slipped.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Net revenue rose 1.9% to $507.3 million in Q1.<\/strong><\/em><\/li>\n<li><em><strong>Net income fell 3.8% to $82.7 million.<\/strong><\/em><\/li>\n<li><em><strong>Red Rock plans $375 million to $425 million in 2026 capital spending.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<h2>Durango And Sunset Station Stay High On Spending List<\/h2>\n<p>Red Rock Resorts continues to invest heavily in the Las Vegas locals market, with Durango, Sunset Station and Green Valley Ranch all part of the near-term construction pipeline.<\/p>\n<p>The company warned that those works will create several million dollars of disruption in the second quarter. However, management still pointed to customer demand, carded slot activity and higher spend per visit as key reasons Las Vegas revenue kept rising.<\/p>\n<p>Las Vegas operations generated $499.5 million in revenue, up 0.9%. Adjusted EBITDA from the segment fell 1.5% to $232.4 million, though Red Rock still reported its second-highest adjusted earnings and near-record Las Vegas margins of 46.5%.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. 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Non-gaming areas, including hotel, food and beverage, also delivered near-record revenue and profitability. Native American operations added $4.7 million in revenue and $2.9 million in adjusted EBITDA.<\/p>\n<p>Durango remains a major growth focus. Red Rock is adding 275,000 square feet to the property, with more gaming and entertainment space due in 2027. The project carries a $385 million cost.<\/p>\n<p>Sunset Station is also getting upgraded across the casino floor, dining and entertainment areas. Chief Financial Officer Stephen Cootey said the work should help the property better serve Henderson growth.<\/p>\n<p><em>\u201cWe are building on the next phase of Sunset Station, designed to further strengthen the property\u2019s competitive position and broaden its customer appeal to capitalize on the continued growth in Henderson, particularly from the master planned communities of Ascaya and Cadence,\u201d<\/em> Cootey said.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>At group level, adjusted EBITDA declined 1.2% to $212.6 million. Red Rock ended the quarter with $134.0 million in cash and cash equivalents, while total debt stood at $3.6 billion. The board also declared a second-quarter dividend of $0.26 per share.<\/p>\n<p>New sites remain under review, though no announcement appears close. Board member Lorenzo Fertitta said Red Rock is still working through plans for future projects.<\/p>\n<p><em>\u201cWe\u2019re working on two new greenfield projects, going through the process, working on the plans, scale, and pricing,\u201d<\/em> Fertitta said. <em>\u201cWe\u2019re making progress, and we don\u2019t have anything to announce now or in the very near future. As we turn the corner into next year, we will have more visibility into what the development plans are going to look like.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/red-rock-resorts-q1-2026\/\">Red Rock Resorts Posts Record Q1 Revenue Of $507.3M<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Red Rock Resorts posted record first-quarter revenue, helped by steady Las Vegas casino play and strong non-gaming spend, even as profit and adjusted earnings slipped. Good to Know Net revenue rose 1.9% to $507.3 million in Q1. Net income fell 3.8% to $82.7 million. Red Rock plans $375 million to $425 million in 2026 capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10708","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10708"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10708\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}