Exhibit 99.1 Red Rock Resorts Announces Second Quarter 2024 Results LAS VEGAS, July 23, 2024 (GLOBE NEWSWIRE) - Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2024. Second Quarter Results Consolidated Operations Las Vegas Operations Balance Sheet Highlights The Company's cash and cash equivalents at June 30, 2024 were $136.4 million and total principal amount of debt outstanding at the end of the second ...

LAS VEGAS, July 8, 2024 /PRNewswire/ -- 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 2024 on Tuesday, July 23, 2024 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session. The Company's conference call that was previously scheduled for July 3 ...

To listen to the conference call, please dial into the conference operator no later than 4:15 p.m. ET (1:15 p.m. PT) at (888) 317-6003 using the passcode: 8857354. For those of you dialing in internationally, your dial in number is (412) 317-6061. A live audio webcast of the call will also be available at www.redrockresorts.com. About Red Rock Resorts Investors: Red Rock Resorts Stephen L. Cootey (702) 495-3550 SOURCE Red Rock Resorts, Inc. LAS VEGAS, June 28, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("R ...

A month has gone by since the last earnings report for Red Rock Resorts (RRR) . Shares have added about 1.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Red Rock Resorts due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Red Rock Resorts Q1 Earnings Top Estima ...

Red Rock Resorts, Inc. (RRR) is benefiting from strong visitation, solid Las Vegas operations and strong spend per visit. Also, the emphasis on cost-saving initiatives and development projects bodes well. Red Rock Resorts' shares have gained 11.1% in the past six months against the Zacks Gaming industry's 0.6% fall. Given the successful openings of high-limit tables and slot rooms, a new casino bar and a restaurant, the company remains optimistic. The company intends to boost investments in this direction t ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 RED ROCK RESORTS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer 1505 South Pavilion Center Drive, Las Vegas, Nevada (Address of principal executive offices) For the quarterly period ended March 31, 2024 OR ☐ TRANSITIO ...

Red Rock Resorts, Inc. (NASDAQ:RRR) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Stephen Cootey - EVP, CFO and Treasurer Frank Fertitta - CEO Lorenzo Fertitta - Vice Chairman Scott Kreeger - President Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Steve Wieczynski - Stifel David Katz - Jefferies Barry Jonas - Truist Securities Dan Polizer - Wells Fargo Chad Beynon - Macquarie Brandt Montour - Barclays Joe Stauff - CIG Operator Good afternoo ...

Exhibit 99.1 Red Rock Resorts Announces First Quarter 2024 Results LAS VEGAS, May 7, 2024 (GLOBE NEWSWIRE) - Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2024. First Quarter Results Consolidated Operations Las Vegas Operations Balance Sheet Highlights The Company's cash and cash equivalents at March 31, 2024 were $129.7 million and total principal amount of debt outstanding at the end of the first quar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-37754 ______________________________________________________________ RED ROCK RESORTS, INC. (Exact name of regist ...

Financial Data and Key Metrics Changes - For Q4 2023, the company's net revenue was $462.7 million, an increase of 9.3% from the prior year's fourth quarter [31] - Adjusted EBITDA for Q4 2023 was $201.3 million, up 6.1% from the prior year, with an adjusted EBITDA margin of 43.5%, a decrease of 133 basis points from the previous year [31] - The company generated $147.1 million in operating free cash flow, converting 73% of adjusted EBITDA to cash flow for the quarter [32] - Full year 2023 net revenue was $1.7 billion, up 3.8% from the prior year, with adjusted EBITDA of $746 million, a 0.4% increase [47] Business Line Data and Key Metrics Changes - The food and beverage segment achieved its highest quarterly revenue and profit in the company's history, driven by higher average checks and cover counts [33] - The hotel division also experienced record revenue and profitability, attributed to increased occupancy and average daily rates (ADR) [48] - Catering revenue continued to show strength, marking the 10th consecutive quarter of double-digit year-over-year growth [48] Market Data and Key Metrics Changes - The Durango Casino & Resort opened on December 5, 2023, and has been profitable since day one, positively impacting the surrounding market and attracting new customers [36] - The company noted that while there is some cannibalization expected from the opening of Durango, it has been largely in line with expectations [51] Company Strategy and Development Direction - The company plans to focus on fine-tuning the Durango property in 2024 and will evaluate new projects in 2025 [9] - A special cash dividend of $1 per Class A share was declared, reflecting confidence in the business model and the Las Vegas locals market [53] - The company is committed to investing in existing properties and enhancing customer experiences through new amenities [72] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business, particularly with the addition of the Durango property, despite facing challenging year-over-year comparisons in 2024 [50] - The company anticipates a gradual ramp-up in performance as the Durango property stabilizes and begins to attract a consistent customer base [141] Other Important Information - The company completed the sale of approximately 73 acres at former properties for about $58 million, using proceeds to pay down debt [55] - The cash and cash equivalents at the end of Q4 were $137.6 million, with total debt outstanding at $3.3 billion [52] Q&A Session Summary Question: Can you quantify same-store EBITDA performance? - Management indicated that Durango is performing above expectations and cannibalization levels are in line with forecasts [65] Question: What impact do you expect from the Super Bowl festivities? - Management expects a significant lift in visitation and revenue due to the Super Bowl, indicating it may be one of the biggest weekends for Las Vegas [66] Question: What disruptions are occurring at Palace Station? - Ongoing roadwork around Palace Station is causing disruptions, expected to continue until May [92] Question: How is the loyalty program performing? - New signups for the loyalty program are up high single digits for the quarter, indicating positive customer engagement [15] Question: What is the strategy for taverns and organic growth? - The company is exploring tavern investments in high-growth areas, focusing on organic growth and potential acquisitions [23]