{"id":9048,"date":"2025-05-02T00:24:02","date_gmt":"2025-05-02T00:24:02","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/02\/q1-revenue-climbs-to-nearly-498-million-at-red-rock-resorts\/"},"modified":"2025-05-02T00:24:02","modified_gmt":"2025-05-02T00:24:02","slug":"q1-revenue-climbs-to-nearly-498-million-at-red-rock-resorts","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/02\/q1-revenue-climbs-to-nearly-498-million-at-red-rock-resorts\/","title":{"rendered":"Q1 Revenue Climbs to Nearly $498 Million at Red Rock Resorts"},"content":{"rendered":"<div>\n<p>Red Rock Resorts recorded mixed results in the first quarter of 2025, showing steady gains in core casino revenue while facing pressure in other segments such as food and lodging.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Casino revenue climbed 5.2% to $333.2 million.<\/strong><\/em><\/li>\n<li><em><strong>Net income rose 9.7% year-over-year, reaching $86 million.<\/strong><\/em><\/li>\n<li><em><strong>Room and food segments recorded lower revenue than Q1 2024.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Red Rock Resorts generated $497.9 million in total net revenue during the first quarter of 2025, up 1.8% from the same period last year. The casino segment was the main driver of that growth, with revenue increasing to $333.2 million, a 5.2% rise year-over-year.<\/p>\n<p>Las Vegas operations contributed $495 million in net revenue during the quarter, up 1.9%. Adjusted EBITDA for Las Vegas properties increased by 2.7%, reaching $235.9 million, while company-wide adjusted EBITDA totaled $215.1 million, up 2.8% from Q1 2024.<\/p>\n<p>Net income rose to $86 million in the quarter, a 9.7% year-over-year increase. However, operating income slipped slightly to $154.4 million, down 0.8%, due in part to higher operating costs.<\/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>Those expenses included $104.7 million for selling, general and administrative activities, $89.4 million in casino-related costs, and $73.8 million for food and beverage. Depreciation and amortization added $3.5 million to the overall total.<\/p>\n<p>Food and beverage revenue dropped 4.3% to $89.3 million, while room revenue decreased by 5.1% to $50.2 million. These declines weighed on operating margins, even as core casino performance remained strong.<\/p>\n<p>The company\u2019s results suggest that growth in its casino operations helped cushion the impact of weaker performance in non-gaming segments. The modest overall revenue rise points to stable demand, particularly from gaming customers, while inflation and cost pressures likely played a role in rising expenses.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/red-rock-resorts-q1-2025\/\">Q1 Revenue Climbs to Nearly $498 Million at Red Rock Resorts<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Red Rock Resorts recorded mixed results in the first quarter of 2025, showing steady gains in core casino revenue while facing pressure in other segments such as food and lodging. Good to know Casino revenue climbed 5.2% to $333.2 million. Net income rose 9.7% year-over-year, reaching $86 million. Room and food segments recorded lower revenue [&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-9048","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Red Rock Resorts recorded mixed results in the first quarter of 2025, showing steady gains in core casino revenue while facing pressure in other segments such as food and lodging. Good to know Casino revenue climbed 5.2% to $333.2 million. Net income rose 9.7% year-over-year, reaching $86 million. 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Room and food segments recorded lower revenue"},"aioseo_meta_data":{"post_id":"9048","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2025-05-02 06:19:39","updated":"2025-06-30 16:02:58","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/casino-online-best.com\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tQ1 Revenue Climbs to Nearly $498 Million at Red Rock Resorts\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/casino-online-best.com\/"},{"label":"Q1 Revenue Climbs to Nearly $498 Million at Red Rock Resorts","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/02\/q1-revenue-climbs-to-nearly-498-million-at-red-rock-resorts\/"}],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9048","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=9048"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9048\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}