finance.yahoo.com

Red Rock Resorts Profits Slide While Dividends Hold

Red Rock Resorts logoRed Rock Resorts
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Net revenue at Red Rock Resorts fell 3% to $510.3 million, while net income dropped 29.3% to $76.6 million. Adjusted EBITDA declined 9.3% to $208 million, with Las Vegas remaining the main driver despite a 5% EBITDA decrease. Native American activities saw revenue drop 62%, and cash totaled $136.5 million against $3.6 billion in principal debt.

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