[100][113][114] A dance show titled Alice: A Steampunk Concert Fantasy, based on the books Alice in Wonderland and Through the Looking-Glass, began at the Rocks Lounge in July 2017. Las Vegas, NV 89135. Supremely talented chefs offer culinary nirvana from a famed steakhouse to delicious American-classic cuisine. [111], In 2015, the resort began offering Rock Shot Bingo, a version of bingo featuring alcohol and a DJ, to appeal to younger customers. Statutory earnings performance was … We also control seven highly desirable gaming-entitled development sites consisting of approximately 428 acres in Las Vegas and Reno, Nevada. Red Rock Resorts Inc. (NASDAQ: RRR) share prices have increased by 7.80% over the past week, but are up 36.98% over prices posted in the last quarter. Uncompromising service. [53] Station Casinos planned to hire 2,600 people for the Red Rock Resort, with approximately half of them expected to be transferred employees from the company's other local properties. See reviews, photos, directions, phone numbers and more for Red Rock Hotel Casino locations in Orlando, FL. The sportsbook included bar service, as well as food service from the adjacent Turf Grill. [38], The Red Rock resort was built in what would eventually become Downtown Summerlin. X. All news about RED ROCK RESORTS, INC. 10/06: RED ROCK RESORTS: Announces Third Quarter 2020 Conference Call and Earnings Rel.. PR. [6][14] Opponents also believed that the 1,500-room count was too much for the nearby residential area. The county had also received over 3,200 emails and letters, with approximately 100 of them in support of the project. [36] The project was topped off on March 24, 2005, at which point it was known as Red Rock Resort Spa Casino. [119] By August 2008, the resort had been the filming location for segments of The Late Late Show with Craig Ferguson and episodes of The Real Housewives of Orange County, as well as Rock of Love with Bret Michaels. [95] Also planned was the renovation of T-Bones Chophouse. The conference call will consist of prepared remarks from the Company and will include a question … They would be 80-percent owned by Station Casinos, while Cloobeck Molasky Partners I LLC would own the remainder. [61], Station Casinos hosted 3,800 special guests at the resort on the night of April 18, 2006, prior to the public unveiling at midnight. Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. [5] The $31 million bowling alley, the most expensive in the world, opened in 2007, and included various amenities including a bar. A six-month, $35 million expansion was announced in 2014, and included the addition of several new restaurants. [3], In February 2014, the resort's Hachi restaurant was closed as part of a routine refreshing of dining options. [21] Station Casinos stated that Culinary only opposed the Red Rock Station because of the company's non-union status, a claim that was denied by the union. Construction was expected to take approximately 15 months, with a cost of more than $300 million. At the resort, the cylinders each contained $500 and were attached to 10 different slot machines as part of a field test, which was viewed favorably by customers. The towers would be under 190 feet and would include 300 units each for a total of 600. A total of 4,000 people spent time at the resort during the final week before the public opening, and a total of 100,000 meals had been served during the six-week pre-opening period. The resort also features numerous chandeliers in various shapes and sizes, containing three million pieces of crystal. Our Las Vegas portfolio includes ten major gaming and entertainment facilities and ten smaller casinos (three of which are 50% owned), offering approximately 22,250 slot machines, 450 table games and 4,000 hotel rooms. The resort's design includes blown glass, polished sandstone, and 5,400 sq ft (500 m ) of multicolored onyx imported from India and Italy. Facebook; Twitter; Instagram; Youtube; Get Red Rock Resorts Mail ; … The resort has a modern design with a desert-themed influence. It is Station Casinos' flagship property,[3][4] and the company's corporate headquarters is located on the property.[5]. Dimension Capital Management LLC acquired a new stake in Red Rock Resorts, Inc. (NASDAQ:RRR) during the third quarter, according to its most recent Form 13F filing with the SEC. The project was announced in July 2002 and is named after the nearby Red Rock Canyon National Conservation Area. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. Station LLC is a gaming, development and management company that develops … Station Casinos executives Frank Fertitta III and his brother Lorenzo Fertittachose to include the chandeliers, having been … The upcoming opening of the nearby Downtown Summerlin mall prompted the resort's renovation project. The casino is 118,308 sq ft (10,991.2 m ), while the hotel contains 796 rooms. Red Rock Resort, Grove: See traveler reviews, candid photos, and great deals for Red Rock Resort, ranked #8 of 8 specialty lodging in Grove and rated 1 of 5 at Tripadvisor. [9] That month, Station Casinos announced plans to build a then-unnamed hotel-casino on the property. There were also plans to renovate the 25,000 sq ft (2,300 m2) spa, as well as 26 hotel suites. [119] Rapper Nelly's music video for "Body on Me" was also shot at the resort in 2008. FOLLOW AND SHARE. DISCOVER RED ROCK COUNTRY. The firm … The firm had revenue of $353.18 million for the quarter, compared to analysts’ expectations of $275.56 million. [15], The project initially was to include a 23-story, 300-foot (91 m) hotel tower with 1,000 rooms in its first phase, while future phases would add two 23-story, 200-foot (61 m) timeshare condominium towers with 250 rooms each, for an ultimate total of 1,500 rooms. Red Rock Resorts Inc. [RRR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.11. The 8,800-seat venue would host six concerts that year, from June to October, before being dismantled. [108] The Red Rock Amphitheater hosted its final concert in October 2012. [30] That month, the Clark County Commission delayed a vote on the project until January 2004, while telling opponents and supporters to work on a compromise ahead of the vote. [100], In 2007, Station Casinos took over operations at the Cherry nightclub, after parting ways with Gerber. Sales were expected to begin in spring 2006. [104] Cherry closed in January 2010, and Station Casinos began evaluating better uses for the space that would bring in more profits. What happens here resonates everywhere. The site was chosen over other locations that Station Casinos owned – also along the beltway in the west Las Vegas Valley – because of its location within the planned village of Summerlin Centre. 1505 S Pavilion Center Dr. Red Rock Resorts had a negative return on equity of 7.41% and a negative net margin of 16.61%. It would be Station Casinos' largest and most expensive resort, and would compete against the nearby Suncoast and Rampart casinos. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements. Red Rock Resorts Announces Third Quarter 2020 Conference Call and Earnings Release Date Sep 3, 2020 California Supreme Court Decision Clears Major Hurdle For Development Of Casino By North Fork Rancheria Of Mono Indians The company has a market capitalization of $2.76 Billion. In July 2002, Station Casinos and Howard Hughes Corporation made a deal that gave Station Casinos the option to purchase a 73-acre (30 ha) (later 67.6 acres)[6] site in Summerlin, Nevada,[7][8] at the southeast corner of the Las Vegas Beltway and west Charleston Boulevard. Mr. Fertitta also served as President of Station LLC from January 2011 to … Red Rock Resorts, Inc. (NASDAQ:RRR) investors will be delighted, with the company turning in some strong numbers with its latest results. Red Rock Resort was Station Casinos' most expensive property, built at a cost of $925 million, including a hotel expansion that opened in 2007. Deluxe Rooms Inspired by the natural beauty … Find 13 listings related to Red Rock Hotel Casino in Orlando on YP.com. [51][65] Within six months of its opening, the Red Rock Resort had made $44 million in profit. About us ACCOMMODATION [3][82] Planned as part of the new restaurant row was the Hearthstone Kitchen & Cellar, to be operated by The Light Group in the 5,400 sq ft (500 m2) space formerly occupied by Hachi. Unprecedented suites. Hotel Amenities: The hotel will reopen for stay dates beginning June 4, complete with in-room dining, pool, spa and salon and complimentary valet. [27] Opposition groups sent recorded phone messages to more than 200,000 southern Nevada residents urging against the project,[28] and rallies supporting and opposing the project were held in November 2003. Red Rock Resort, Casino & Spa. [125] In April 2006, the Clark County Commission unanimously granted zoning approval to Charleston Station LLC – mostly owned by Station Casinos – to build the condominium project, despite some citizens' opposition to its height. [102][103][101] It was ultimately converted into event space,[3] and the Cherry Pool reopened in May 2010, as the Red Rock Cabana Club, a 275-person pool area separate from the main pool where guests could have pool parties. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. [69] The casino included nearly 3,200 slot machines, with slightly more than half of them being video poker. Red Rock Resorts, Inc. (NASDAQ:RRR) showed a performance of 19.55% in past 30-days. [119][120] Some scenes were also shot at the resort for the 2008 film 21. Palms. [31][32], Station Casinos stated that a 300-foot tower was necessary to ensure that guests would have unobstructed views of the Las Vegas Strip in the event that previously approved office towers would be built nearby the project. A separate $65 million expansion also occurred during 2006, and included a $31 million bowling alley, the most expensive in the world. [46], In December 2004, despite residential opposition, the Clark County Commission approved two signs for the future resort: an 80-foot high sign with a video screen, to be built on the east side of the Las Vegas Beltway; and a 50-foot high sign, also with a video screen, to be built on West Charleston Boulevard. The expansion and rising construction costs increased the project's estimated cost to $800 million, which would make it the most expensive locals casino ever built in Las Vegas. Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Sell-side analysts expect that Red Rock Resorts will post -0.41 earnings per share for the current fiscal year. [18][25], Residents continued to oppose the tower,[26][21] and opponents worked to gather support in an effort to derail the project. SIGN UP FOR RRR NEWS. While Kalahari Resorts & Conventions may have been voted as the "World's Coolest Indoor Waterparks! [79] After winning the 2012 Nevada caucus, U.S. presidential candidate Mitt Romney held a victory party and speech at the resort. Sign up to receive the latest information from Red Rock Resorts. [56], A survey prior to the opening showed only minimal neighborhood opposition to the resort. E-mail Us or Call 702.495.3550. The resort's LBS: A Burger Joint restaurant also closed that month, after five years of operations. The expansion was scheduled to begin in late 2005, with completion expected by late 2006. [6][14] Like its recent Green Valley Ranch resort, Station Casinos planned for the Red Rock Station to target upscale tourists and local residents as its primary clientele. (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphoto [3][82] The project would include the addition of a "restaurant row" along the resort building's entrance facing West Charleston Boulevard. [127] Cloobeck accused Station Casinos of attempting to "hijack" the project. Book direct to save! [101][102] The Cherry nightclub reopened in June 2009, after a remodeling that included the addition of a stage. [44] "Resort" was added to the name instead of the usual "Station" name used with the company's other properties, in order to denote the Red Rock property's luxury image. The company’s stock price has collected 0.82% of gains in the last five trading sessions. [119][121][122], In July 2005, Station Casinos announced that it was partnering with developers Stephen Cloobeck and Steven Molasky to build two condominium high-rise towers on 8 acres (3.2 ha) of property next to the Red Rock Resort. Groundbreaking began in April 2004, and the resort was topped off in March 2005, before opening on April 18, 2006, as the second casino in Summerlin. [17][29] By December 2003, a county voice mailbox had received 591 recorded messages since September, with 494 of the messages from opponents of the project or its tower; 97 of the messages were from supporters. The resort includes a 118,309 sq ft (10,991.3 m2) casino, a 796-room hotel, a 3-acre (1.2 ha) pool area, a spa, 94,000 sq ft (8,700 m2) of meeting space, and a 16-screen movie theater. Red Rock Resort is a hotel and casino in Summerlin South, Nevada, located in the Las Vegas Valley. Station Casinos executives Frank Fertitta III and his brother Lorenzo Fertitta chose to include the chandeliers, having been inspired by older Las Vegas resorts such as the Desert Inn and the Sands Hotel and Casino. [3] Also planned was a new parking and drop-off area across from the mall, as well as an enhanced entrance accessible by mall shoppers. [65][67] The Red Rock Resort was only the second casino to open in Summerlin, after the Rampart. Red Tail brings a Western twist to the English gastro pub offering traditional tap house fare using local, sustainable products. The rise was fueled by a 39% increase in adjusted EBITDA. Our Las Vegas properties are broadly distributed throughout the market and easily accessible, with over 90% of the Las Vegas population located within five miles of one of our gaming facilities. Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2020 on Tuesday, August 4, 2020 and will hold a conference call on the same day at 4:30 p.m. Therefore, it might be upsetting for shareholders if the CEO were paid generously. Station Casinos agreed to reduce its timeshare towers to 100 feet, removing 250 rooms from the project. Red Rock Resorts Announces Third Quarter 2020 Results, Red Rock Resorts Announces Third Quarter 2020 Conference Call and Earnings Release Date, California Supreme Court Decision Clears Major Hurdle For Development Of Casino By North Fork Rancheria Of Mono Indians. RED ROCK RESORTS, INC. : Conseils boursiers, analyses et recommandations des brokers pour de l'action RED ROCK RESORTS, INC. | RRR | Nasdaq [65][67] The resort also features numerous chandeliers in various shapes and sizes, containing three million pieces of crystal. [9] At a cost of approximately $4,000, Culinary and the Sierra Club mailed fliers to more than 10,000 residents, urging them to tell the Clark County Commission to reject the 300-foot tower. According to present data Red Rock Resorts Inc - Class A's RRR shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Red Rock Resorts, Inc. is a holding company that manages and owns an equity interest in Station Casinos LLC. [103][104] At that time, Cherry consisted of 13,000 sq ft (1,200 m2), including an outdoor area with a pool, known as Cherry Pool during the summer. [6] In October 2003, the project received opposition from people who believed that it would harm the quality of life for Summerlin residents and that it would destroy the views of Red Rock Canyon. [8] Station Casinos tentatively referred to the project as Charleston Station. This is the perfect gathering spot for family-friendly dining with its outdoor deck on the Ski Beach and Canyons Golf. Unparalleled Luxury. [41][42] Perini Building Company was the general contractor for the project,[43][44] which was designed by Portland-based Architropolis, Las Vegas-based The Friedmutter Group, and SADI. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. The firm acquired 1,820 shares of the company’s stock, valued at approximately $31,000. Several other hedge funds also recently modified their holdings of the stock. [36] Station Casinos stated that the redesign would increase the project's $400 million cost,[37] with a price between $450 million and $475 million. [50][123][124] By March 2006, Station Casinos was planning two 227-foot condominium towers with a total of 392 units. [91][92] The Yard House opened at the resort in 2010, and its primary entrance was accessible from the resort's parking lot, while a second entrance was located inside the casino. [50][51] An opening date of March 2006 was expected. By the time of the announced expansion, the hotel lobby and the resort's Lucky Bar had already been remodeled. Mr. Cootey joined the Company in March 2017 and served as Executive Vice President and Chief Administrative Officer prior to assuming his current role. [62][63] Singer Sting held a one-hour concert at the resort's pool area as part of the grand opening celebration,[62][64] which also included a six-minute fireworks show. We have developed approximately $6 billion of regional gaming and entertainment destinations in multiple jurisdictions. See insights on Red Rock Resorts including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 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