Red Rock Resorts posts mixed earnings results, outlines Durango Phase III development

Core Insights - Red Rock Resorts (NASDAQ:RRR) reported a revenue increase of 1.6% in Q3, reaching $475.6 million [2] - Net income surged by 38.8% to $76.9 million, indicating strong profitability growth [2] - Adjusted EBITDA rose by 4.5% to $190.9 million, reflecting improved operational efficiency [2] Revenue Breakdown - Revenue from Las Vegas operations slightly increased by 0.8%, totaling $468.6 million [2] - The performance in Las Vegas indicates stable demand despite a modest growth rate [2]