Strong Visitation Aids Red Rock Resorts (RRR) Amid High Costs

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 ...