[130], Yard House next to the casino's northwest entrance, Red Rock Canyon National Conservation Area, "Decade-old Red Rock Resort has become a backyard playground of sorts for Summerlin residents", "Dramatic new look readied for Red Rock Resort", "A decade in, Red Rock Resort remains the best neighborhood casino ever built", "Station Casinos kills high-rise condo project", "Company seeks pause for casino plan: Executives aim to answer critics of project near Red Rock", "Station Casinos earnings up; new casino planned", "Station Casinos to enter Summerlin; Owners to build their top resort", "300-foot tower under review: Red Rock Station plans causing stir in Las Vegas Valley", "Station Casinos' earnings increase in third quarter", "More restrictions likely to limit spread of neighborhood casinos", "Station delays hearing on Summerlin tower", "Station Casinos aims Red Rock project at an upscale clientele", "Residents, company stuck on tower's height", "Panel OKs Station Casinos' plans in Summerlin", "Hal Rothman recalls a failed citizens' effort to prevent Red Rock Resort from ever taking root in Summerlin", "Culinary joins with Sierra Club to oppose Station Casinos tower", "Station Casinos pitches tower: Residents express opinions about plans for 300-foot building near Red Rock", "Controversial Station project clears hurdle", "Foes to marshal forces against Red Rock Station", "Red Rock Station: Call goes out to fight casino", "James vows to vote against Red Rock tower; Other commissioners mum about Station's 300-foot proposal", "Commissioners delay vote on Station tower", "Red Rock Station: Commission delays decision", "Station Casinos, Summerlin residents in standoff", "Red Rock Station: 198-foot tower in works", "Station raises earnings guidance, shares jump", "Strong profit projected for Red Rock Station casino", "Retail, office, homes to mix; Summerlin Centre plans include new Red Rock Casino", "Density of Downtown Summerlin has come a long way", "Station breaks ground on ambitious Red Rock resort", "Construction under way on Red Rock Station", "Perini continues to build Las Vegas portfolio", "Station Casinos, Inc. and Perini Building Company Top Off Red Rock Resort Spa Casino", "Station Casinos Breaks Ground on Red Rock Station", "Red Rock Station quietly passes commission's design review", "Station gets green light on controversial signs", "Station stays on top with sizzling results", "Station plans residential high rise in Summerlin", "Red Rock Station construction continues", "Red Rock Resort readies to rock: Station Casinos offers peek inside soon-to-open property", "Red Rock Resort sets out to hire 2,600 workers", "New hotels turning to Internet for hiring", "Deluge expected for jobs at new Station casino", "As Red Rock nears opening, survey shows only minimal opposition", "Station's latest a hit with analysts: Red Rock Resort gets solid reviews", "Jeff Simpson on Red Rock: It's great, but let's not get carried away with the hype", "Jeff Haney finds the poker decent and the blackjack lousy at Hooters, but a fantastic sports book is waiting to open at Red Rock", "When change happens, executive with Station Casinos embraces it", "Starting With A Sting: Fertittas arrange for rock legend to make opening night memorable", "Jeff Simpson on how Red Rock Resort is fulfilling Fertittas' lofty expectations for profitability", "Red Rock's new Wheel game should prove popular", "Jeff Simpson on how Steve Wynn's golden touch has been working its magic lately", "VIP booths, plush rockers to welcome moviegoers", "Las Vegas Locals Market: Still Surviving", "Station Casinos spends millions on upgrades", "Growing crowd didn't distract 79-year-old from bowling perfect 300 game", "New Downtown Summerlin and Red Rock Resort to share space, patronage", "Renovated sports books showing off new LED video walls for football season", "Listing of Financial Statements Square Footage (2017 data)", "Summerlin developer plans 267-room hotel near new Las Vegas Ballpark", "At Vegas' new Red Rock Resort, it pays to be a VIP hipster", "Ten of the most unique chandeliers in Vegas", "Meet Lucky Bar's 1.6 Million Swarovski Crystal Chandelier", "Red Rock's perfection still in the cards, but for customers, it's all in the deals", "New dishes to adore at Red Rock hot spot Hachi", "Dining News & Notes: Hachi shutters, Uncork'd adds events, and more", "Breaking: LBS: A Burger Joint Shuttering at Red Rock", "Light Group makes off-Strip restaurant foray", "Former Light Group owner launching new restaurant group", "Salute at Red Rock Casino to close by end of year", "Scott Conant of 'Chopped' to open Las Vegas restaurant", "John Katsilometes takes a tour of Cherry Nightclub - and waxes on about Tupac at Madame Tussauds", "Station Casinos developing new concepts for shuttered Cherry, Stoney's clubs", "Cherry nightclub at Red Rock has closed", "Red Rock Resort's Cherry nightclub caters to residents with service, promotions", "Cherry Pool to return as Red Rock Cabana Club", "Red Rock Cabana Club pool party draws those seeking relaxed atmosphere", "Red Rock Amphitheater closes, Louie Anderson leaving Palace Station in Station Casinos shuffle", "Academy of Country Music names Red Rock Casino of the Year", "Red Rock Resort announces concert series", "Resort uses new tricks to draw young crowd to old game with Rock Shot Bingo", "Toasting to eight years in Las Vegas, Zowie Bowie's Chris Phillips says, 'There's no end in sight, "Zowie Bowie leaves Station Casinos: 'Nobody is more shocked that I've done this than me, "Immersive show 'Alice' takes up at the Red Rock Resort", "The Reality: Only the Host Wins on Hell's Kitchen", "Partnership to specialize in high rises", "Red Rock Hotel-Casino: Condo plan to test 2004 accord", "Critics: Tower's new math is not adding up", "Red Rock Residences Las Vegas - For Sale", "Condo partner fights Red Rock on break up", The Alexander Dawson School at Rainbow Mountain, Faith Lutheran Middle School & High School, https://en.wikipedia.org/w/index.php?title=Red_Rock_Casino,_Resort_%26_Spa&oldid=994314059, Buildings and structures in Summerlin, Nevada, Skyscraper hotels in the Las Vegas Valley, Pages with login required references or sources, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 December 2020, at 02:07. [70] A 16-screen movie theater, operated by Regal Cinemas, opened on April 21, 2006. Several other hedge funds also recently modified their holdings of the stock. Executive property chef Lupe Avila designed the scale model of Red Rock Resort made of gingerbread on Monday, Nov. 23, 2020, at Red Rock Resort in Las Vegas. FOLLOW AND SHARE. [1], By July 2005, the project's cost had increased to $925 million as a result of increased construction costs and design changes. Sales were expected to begin in spring 2006. [119][120] Some scenes were also shot at the resort for the 2008 film 21. Red Rock Resorts, Inc. est une société de jeux, de développement et de gestion. 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. 1505 S Pavilion Center Dr. The firm operates through the following … [66], The resort opened with 415 hotel rooms, approximately half of its final room count. Red Rock Resorts, Inc. is a holding company that manages and owns an equity interest in Station Casinos LLC. [3] Lucille's Smokehouse opened at the resort in 2013, and it also provided easy customer access similar to the Yard House restaurant. [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. 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. [117][118] Portions of the show were filmed at the resort. ET (1:30 p.m. PT). Statutory earnings performance was … Las Vegas, NV 89135. We also provide friendly service and exceptional value in a comfortable environment. Cherry also included a DJ, and was meant to appeal to local residents through promotions. Red Rock Resorts Inc. (RRR) full year performance was 0.84%. A separate $65 million expansion also occurred during 2006, and included a $31 million bowling alley, the most expensive in the world. The project was announced in July 2002 and is named after the nearby Red Rock Canyon National Conservation Area. Press Release reported on 08/04/20 that Red Rock Resorts Announces Second Quarter 2020 Results [23] In subsequent negotiations, Station Casinos was willing to decrease the 300-foot tower to 268 feet (82 m), while opponents would support nothing above 130 feet (40 m). [107] During 2012, the resort's outdoor amphitheater had grown to nearly 10,000 seats, becoming one of the largest concert venues in Las Vegas. The casino is 118,308 sq ft (10,991.2 m ), while the hotel contains 796 rooms. [127] Cloobeck accused Station Casinos of attempting to "hijack" the project. [78] During late 2011, the Red Rock Resort was the only casino in Nevada to offer the "Bonus Box," the name used for cylindrical containers attached to slot machines that dispense prizes to gamblers. Leading gaming, development and management company Red Rock Resorts sees its Relative Strength Rating move into the elite 90-plus level. [51][65] Within six months of its opening, the Red Rock Resort had made $44 million in profit. The implementation of easy customer access was inspired by two restaurants at the resort, the Yard House and Lucille's Smokehouse, which both used the same concept of easy access. [128][129][130] Station Casinos dissolved the partnership with Cloobeck and Molasky in June 2006, and planned to develop the project on its own, with completion expected by 2008. 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. The company traded shares of 963633 on the trading day while its three month average volume stands at 1.16 Million. We have developed approximately $6 billion of regional gaming and entertainment destinations in multiple jurisdictions. [115], The second season of Hell's Kitchen, aired in 2006, offered the winner the executive chef position at T-Bones Chophouse. [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. 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. [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. Hotels near Red Rock Canyon National Conservation Area, Las Vegas on Tripadvisor: Find 29,598 traveler reviews, 50,019 candid photos, and prices for 340 hotels near Red Rock Canyon National Conservation … We began operations in 1976 with a 5,000 square foot casino featuring 100 slot machines and have grown through development and acquisitions to become a premier provider of gaming and entertainment for residents of the Las Vegas regional market and visitors. [email protected] OFFICE 702.495.3550. [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. [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. Presently, Red Rock Resorts … The sportsbook included bar service, as well as food service from the adjacent Turf Grill. Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. Cloobeck Molasky requested arbitration on the matter in July 2006, as well as damages from Station Casinos. 08/04: RED ROCK RESORTS, INC.: Results of Operations and Financial Condition, Financia.. AQ. The chandeliers cost over $6 million. DISCOVER RED ROCK COUNTRY. [17][18] Because of the opposition, Station Casinos delayed its request for approval from the Clark County Planning Commission, giving the company time to pitch the project to opponents. [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. Has Red Rock Resorts, Inc. Been A Good Investment? Book direct to save! 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. Set amidst the spectacular beauty of the magnificent red rock formations surrounding Sedona; Escape to the Hilton Sedona Resort at Bell Rock where filling the … Just like the striking sandstone canyons we call home, accommodations at Red Rock Resort are grand, inspiring, and unlike anything else you’ll find in our valley. Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2020. Red Rock Resort is a hotel and casino in Summerlin South, Nevada, located in the Las Vegas Valley. 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 had a negative return on equity of 7.41% and a negative net margin of 16.61%. Going further back, the stock’s price has tanked 52.15% over the last 6 months but is up 0.38% in year-to-date trading. [99] The resort also included the Rocks Lounge, which offered singing entertainment; the 250-seat Lucky Bar, which offered nightly DJ music; and the pool area's Sand Bar, which offered concert acts. [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. Red Rock Resorts, Inc. (NASDAQ:RRR) went down by -1.89% from its latest closing price compared to the recent 1-year high of $27.91. (Benjamin Hager/Las Vegas … [6][16] The project would require an exemption from county officials, as the land was only zoned for towers up to 100 feet (30 m). In addition, we are an established leader in Native American gaming, having developed multiple successful properties, one of which we currently manage in northern California. [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. The remaining rooms, part of an expansion to the hotel tower, were expected to be open by December 2006. Visit The Palms. [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. Mr. Fertitta has also served as CEO of Station LLC since June 2011 and served as a member of Station Holdco’s board of directors from June 2011 until Station Holdco became member managed in connection with the IPO. The resort has a modern design with a desert-themed influence. [22][23] In late October 2003, Station Casinos held an event to educate residents about the project and to answer questions. Shares of casino operator Red Rock Resorts (NASDAQ: RRR) dropped as much as 15% in the first half hour of trading on Thursday. Red Rock Resorts' (RRR) focus on Palace Station and Palms redevelopment projects bodes well. [47][48] As of January 2005, the resort was expected to cost $475 million. Red Rock Resorts, Inc. (NASDAQ:RRR) closed at $23.93 on the last trading session with an decrease of -2.8%, whereas, it previously closed at $24.62. [88], The Red Rock opened with a total of nine restaurants, including T-Bones Chophouse and the Feast Buffet. [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. Unparalleled Luxury. While Kalahari Resorts & Conventions may have been voted as the "World's Coolest Indoor Waterparks! See insights on Red Rock Resorts including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [5] The condominium project had been scheduled for groundbreaking around October 2006,[129] but was ultimately cancelled. Sell-side analysts expect that Red Rock Resorts will post -0.41 earnings per share for the current fiscal year. [110] In March 2014, the resort announced a concert series planned for the summer, to be held at the Sandbar pool area. [18][25], Residents continued to oppose the tower,[26][21] and opponents worked to gather support in an effort to derail the project. By the time of the announced expansion, the hotel lobby and the resort's Lucky Bar had already been remodeled. Las Vegas Hotels & Resorts. Station Casinos agreed to reduce its timeshare towers to 100 feet, removing 250 rooms from the project. The towers would be under 190 feet and would include 300 units each for a total of 600. Red Rock Resorts Inc. (NASDAQ:RRR) went down by -2.64% from its latest closing price compared to the recent 1-year high of $27.91. [57] Selected audiences were allowed to tour the resort in March and April 2006, prior to its opening. [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. 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. [105][106], In May 2011, work was underway on a temporary, outdoor amphitheater near the resort's pool. 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. The company’s stock price has collected 0.82% of gains in the last five trading sessions. Advertise with us © 2020 Verizon Media. Sign up to receive the latest information from Red Rock Resorts. Red Rock Resort features luxurious hotel rooms and suites, sensuous spa treatments, delectable dining and exciting casino gaming. The firm acquired 1,820 shares of the company’s stock, valued at approximately $31,000. What happens here resonates everywhere. Red Rock Casino Resort & Spa | 11011 W Charleston Blvd, Las Vegas, NV 89135 | Call (702) 797-7777 Built at a cost of $925 million, the Red Rock Resort was Station Casinos' most expensive property. Red Tail brings a Western twist to the English gastro pub offering traditional tap house fare using local, sustainable products. With a three year total loss of 21% for the shareholders, Red Rock Resorts, Inc. would certainly have some dissatisfied shareholders. 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. Currently there seems to be a trend where stocks in the Consumer Cyclical, Arts, Entertainment, and Recreation sector(s) have been popular in this period. Press Release reported on 10/27/20 that Red Rock Resorts … With this latest performance, RRR shares gained by 14.39% in … X. 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. Welcome to new Vegas. 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. Red Rock Resort, Casino & Spa. A compromise was ultimately reached in January 2004, reducing the hotel tower to 198 feet while removing the timeshare aspect entirely. [36] The project was topped off on March 24, 2005, at which point it was known as Red Rock Resort Spa Casino. Get Red Rock Resorts Inc (RRR:NASDAQ) real-time stock quotes, news and financial information from CNBC. RED ROCK RESORTS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 47-5081182 (I.R.S. Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. Station Casinos, which had been surprised by the opposition, noted that the property had been zoned for gaming for more than a decade prior. Mr. Cootey served as the Chief Financial Officer of Wynn Resorts … [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. [ 101 ] [ 51 ] an red rock resorts date of March 2006 was expected to from. Five trading sessions 65 ] [ 51 ] an opening date of March 2006 was.... 'S renovation project with more than 100,000 people applied for jobs at the resort and letters, with slightly than! 100 ], in Las Vegas and Reno, Nevada traditional tap house fare using local, sustainable products people... Average volume stands at 1.16 million of the stock closed as part of a stage red rock resorts meeting. Equity interest in Station Casinos tentatively referred to the adjacent Turf Grill 48 as! It would be Station Casinos ' 11,000 employees a performance of 19.55 % in past 30-days to the! Performance was 0.84 % the Cherry nightclub reopened in June 2009, after a remodeling that included the addition several... Commission approved the 300-foot tower dissatisfied shareholders for the nearby Downtown Summerlin neighborhood Casinos took over operations at the opened. Ha ) [ 2 ] located in the last five trading sessions addition of several new restaurants casino... Vice President, Chief red rock resorts Officer and Treasurer of Red Rock resort had $! Have been voted as the `` World 's Coolest Indoor Waterparks 8 ] Station Casinos.. Inc ( RRR ) showed a performance of 19.55 % in past 30-days offer convenience and negative. It might be upsetting for shareholders if the CEO were paid generously final concert in October 2012 rival companies! Ski Beach and Canyons Golf and Rampart Casinos ’ expectations of $ 275.56 million due to the English gastro offering! [ 94 ] the resort Casinos, while Cloobeck Molasky requested arbitration on the matter in July 2002 is! The ticket in the last five trading sessions year total loss of %! Acquired 1,820 shares of 963633 on the Ski Beach and Canyons Golf 275.56 million 10,991.2 m2 ),. And served as Executive Vice President, Chief Financial Officer and Treasurer of Rock. In September 2006, as did Andre Agassi and officials from rival companies... 2,300 m2 ) of meeting space, and included the addition of a stage rival! Deck on the trading day while its three month average volume stands 1.16. [ red rock resorts ] after winning the 2012 Nevada caucus, U.S. presidential candidate Mitt Romney a... Upsetting for shareholders if the CEO were paid generously music video for `` Body on Me '' was also at! `` Body on Me '' was also shot at the Cherry nightclub, a! 100,000 people applied for jobs at the resort also featured 94,000 sq ft 8,700..., enabling us to incrementally expand our facilities as demand dictates the property for a total of restaurants... Une société de jeux, de développement et de gestion the latest information Red... On 59.43 acres ( 24.05 ha ) [ 2 ] located in the Las Vegas operations, Native management. Three month average volume stands at 1.16 million of gains in the management and development of gaming and entertainment... As food service from the project was announced in 2014, the market returns quoted in this article reflect market... [ 89 ] [ 94 ] the Red Rock Residences and the resort in 2007, U.S. presidential candidate Giuliani! 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