Red Rock Resorts

General Information

We are a leading gaming, development and management company operating 21 strategically-located casino and entertainment properties. We have developed over $5 billion of regional gaming and entertainment destinations in multiple jurisdictions. In addition, we are an established leader in Native American gaming, managing facilities in northern California and western Michigan. 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. Our Las Vegas portfolio includes nine major gaming and entertainment facilities and ten smaller casinos (three of which are 50% owned), offering approximately 19,500 slot machines, 300 table games and 4,000 hotel rooms.

Employees: 11800
Founded: 1976
Contact Information
Address 1505 South Pavilion Center Drive Las Vegas, NV 89135, US
Phone Number (702) 495-3000
Web Address
View Prospectus: Red Rock Resorts
Financial Information
Market Cap $2259.1mil
Revenues $1454.9 mil (last 12 months)
Net Income $137.8 mil (last 12 months)
IPO Profile
Symbol RRR
Exchange NASDAQ
Shares (millions): 27.3
Price range $19.50 - $19.50
Est. $ Volume $531.4 mil
Manager / Joint Managers Deutsche Bank Securities/ J.P. Morgan/ BofA Merrill Lynch/ Goldman Sachs
CO-Managers Wells Fargo Securities/ Citigroup/ Macquarie Capital/ Fifth Third Securities/ Credit Suisse/ UBS/ Investment Bank/ Stifel/ Raine Securities/ Oppenheimer/ Guggenheim Securities/ Ramirez
Expected To Trade: 4/27/2016
Status: Priced
Quiet Period Expiration Date:
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SCOOP Rating
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