Red Rock Resorts, Inc. is a gaming, development and management company. Visit The Palms. [119] Rapper Nelly's music video for "Body on Me" was also shot at the resort in 2008. FOLLOW AND SHARE. [91][92] The Yard House opened at the resort in 2010, and its primary entrance was accessible from the resort's parking lot, while a second entrance was located inside the casino. [3] Also planned was a new parking and drop-off area across from the mall, as well as an enhanced entrance accessible by mall shoppers. Number of shares sold short was 3.55 Million shares which calculate 2.57 days to cover the short interests. 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. [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. The redesigned project was unanimously approved by the Clark County Commission in January 2004,[34][35] with approval to build up to 1,000 rooms. Red Rock Resorts, Inc. (NASDAQ:RRR) went up by 3.49% from its latest closing price when compared to the 1-year high value of $27.91 and move down -100.5%, while RRR stocks collected 27.01% of gains with the last five trading sessions. Red Rock Resorts had its Relative Strength (RS) Rating upgraded from 89 to 92 Monday, following a strong earnings report last week. 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. Red Rock Resort is a hotel and casino in Summerlin South, Nevada, located in the Las Vegas Valley. Escape to a sensational world with a palm-lined swimming pool, rock … [38], The Red Rock resort was built in what would eventually become Downtown Summerlin. [68] The 87,000 sq ft (8,100 m2) casino featured 62 gaming tables,[67] including a 20-table poker room. The sportsbook included bar service, as well as food service from the adjacent Turf Grill. The expansion was scheduled to begin in late 2005, with completion expected by late 2006. They would be 80-percent owned by Station Casinos, while Cloobeck Molasky Partners I LLC would own the remainder. It is owned and operated by Station Casinos on 59.43 acres (24.05 ha)[2] located in the Downtown Summerlin neighborhood. [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. Station Casinos executives Frank Fertitta III and his brother Lorenzo Fertitta chose to include the chandeliers, having been inspired by older Las Vegas resorts such as the Desert Inn and the Sands Hotel and Casino. All news about RED ROCK RESORTS, INC. 10/06: RED ROCK RESORTS: Announces Third Quarter 2020 Conference Call and Earnings Rel.. PR. Red Rock Resort features luxurious hotel rooms and suites, sensuous spa treatments, delectable dining and exciting casino gaming. [66], The resort opened with 415 hotel rooms, approximately half of its final room count. Most relevant news about RED ROCK RESORTS, INC. 12/09: Deutsche Bank Adjusts Red Rock Resorts PT to $29 From $24, Maintains Buy Rati.. MT The resort's LBS: A Burger Joint restaurant also closed that month, after five years of operations. [93][94] The resort's 2014 expansion was the reason for the closings. [3][82] Planned as part of the new restaurant row was the Hearthstone Kitchen & Cellar, to be operated by The Light Group in the 5,400 sq ft (500 m2) space formerly occupied by Hachi. Leading gaming, development and management company Red Rock Resorts sees its Relative Strength Rating move into the elite 90-plus level. 08/04: RED ROCK RESORTS, INC.: Results of Operations and Financial Condition, Financia.. AQ. 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. [6][14] Nearby homeowners had also been informed upon purchasing their houses that the land was zoned for a potential casino project. Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. 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. [109] In 2013, the Academy of Country Music named Red Rock Resort as the Casino of the Year for hosting many country singers during 2012. Unrivaled art. Former Nevada governor and U.S. senator Richard Bryan attended the opening, as did Andre Agassi and officials from rival casino companies. 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. [73][66] An expansion to the resort's spa was also planned to open in early 2007, along with the new hotel rooms. [8] Station Casinos tentatively referred to the project as Charleston Station. [50][51] An opening date of March 2006 was expected. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements. Red Rock Resorts Inc. (RRR) full year performance was 0.84%. Red Rock Resorts, Inc. est une société de jeux, de développement et de gestion. [10][11] By April 2003, the project had been named "Red Rock Station",[12] after the Red Rock Canyon National Conservation Area,[13] located approximately three miles away. [101][102] The Cherry nightclub reopened in June 2009, after a remodeling that included the addition of a stage. Sign up to receive the latest information from Red Rock Resorts. A separate $65 million expansion also occurred during 2006, and included a $31 million bowling alley, the most expensive in the world. Offering amazing views of the mountain and located on the Ski Beach in the Resort Village, Red Tail Grill features an innovative gastropub menu served in a rustic setting. Press Release reported on 08/18/20 that Station Casinos offers “Cashless Gaming” with “PlayOn” at Las Vegas Properties [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 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. According to present data Red Rock Resorts Inc - Class A's RRR shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Find 13 listings related to Red Rock Hotel Casino in Orlando on YP.com. [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. [104] Cherry closed in January 2010, and Station Casinos began evaluating better uses for the space that would bring in more profits. [83], The casino is 118,308 sq ft (10,991.2 m2),[84] while the hotel contains 796 rooms. [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. Red Rock guests will be able to play their favorite machines, select table games (excluding live poker), bingo, and keno and also includes outdoor gaming poolside and sports book wagering. [16][33] After weeks of negotiations, Station Casinos and Summerlin residents compromised on a 198-foot (60 m) hotel tower and the complete removal of the timeshare buildings. [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. Press Release reported on 10/27/20 that Red Rock Resorts … The entrance to Red Rock Resort's Christmas-themed popup bar Merry Crimson on Monday, Nov. 23, 2020, in Las 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 Resorts, Inc. (NASDAQ:RRR) investors will be delighted, with the company turning in some strong numbers with its latest results. [57] Selected audiences were allowed to tour the resort in March and April 2006, prior to its opening. [21] Station Casinos stated that Culinary only opposed the Red Rock Station because of the company's non-union status, a claim that was denied by the union. [3] In August 2015, the sportsbook removed a handful of projectors, used since the 2006 opening, and replaced them with an LED video wall measuring 18 feet high and 96 feet long. [51][65] Within six months of its opening, the Red Rock Resort had made $44 million in profit. It would be Station Casinos' largest and most expensive resort, and would compete against the nearby Suncoast and Rampart casinos. Mr. Cootey joined the Company in March 2017 and served as Executive Vice President and Chief Administrative Officer prior to assuming his current role. [65][67] The Red Rock Resort was only the second casino to open in Summerlin, after the Rampart. 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. At the Red Rock Resort, the emphasis is on comfort and relaxation as well as giving you the privacy that’s so important, while always being available to attend to your needs. Dimension Capital Management LLC acquired a new stake in Red Rock Resorts, Inc. (NASDAQ:RRR) during the third quarter, according to its most recent Form 13F filing with the SEC. [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). 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. Mr. Cootey has served as Executive Vice President, Chief Financial Officer and Treasurer of Red Rock since May 2017. Despite the increased height, the towers would be built on land that was 29 feet lower in elevation from the hotel tower, making them no taller than the hotel's rooftop. Unparalleled Luxury. The casino is 118,308 sq ft (10,991.2 m ), while the hotel contains 796 rooms. [22][23] In late October 2003, Station Casinos held an event to educate residents about the project and to answer questions. Red Rock Resorts is not the only stock that insiders are buying. Construction was expected to take approximately 15 months, with a cost of more than $300 million. 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. [20] At the time, Culinary had been involved in an ongoing effort to unionize Station Casinos' 11,000 employees. 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 … [30] That month, the Clark County Commission delayed a vote on the project until January 2004, while telling opponents and supporters to work on a compromise ahead of the vote. [85] The resort has a modern design with a desert-themed influence. [117][118] Portions of the show were filmed at the resort. JOIN NOW. [112] Zowie Bowie, a cover band, performed at the Rocks Lounge for nearly 10 years, from the resort's opening until January 2016. It was the first time that the union had teamed up with an environmental group to become involved in an environmental issue. It is Station Casinos' flagship property,[3][4] and the company's corporate headquarters is located on the property.[5]. Performance wise the shares of Red Rock Resorts, Inc. (NASDAQ:RRR) … [103][104] At that time, Cherry consisted of 13,000 sq ft (1,200 m2), including an outdoor area with a pool, known as Cherry Pool during the summer. 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. RED ROCK RESORTS, INC. : Conseils boursiers, analyses et recommandations des brokers pour de l'action RED ROCK RESORTS, INC. | RRR | Nasdaq Press Release reported on 08/04/20 that Red Rock Resorts Announces Second Quarter 2020 Results [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. 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. With this latest performance, RRR shares gained by 14.39% in … The conference call will consist of prepared remarks from the Company and will include a question … Several other hedge funds also recently modified their holdings of the stock. The 8,800-seat venue would host six concerts that year, from June to October, before being dismantled. [88], The Red Rock opened with a total of nine restaurants, including T-Bones Chophouse and the Feast Buffet. The firm … [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. Red Rock Casino Resort & Spa | 11011 W Charleston Blvd, Las Vegas, NV 89135 | Call (702) 797-7777 A six-month, $35 million expansion was announced in 2014, and included the addition of several new restaurants. 1505 S Pavilion Center Dr. According to a Clark County commissioner, the previously approved 198-foot limit only applied to the adjacent hotel. [105][106], In May 2011, work was underway on a temporary, outdoor amphitheater near the resort's pool. Red Rock Resorts 1505 S Pavilion Center Dr. Las Vegas, NV 89135. The company traded shares of 963633 on the trading day while its three month average volume stands at 1.16 Million. [54][55] More than 100,000 people applied for jobs at the resort during 2005. Presently, Red Rock Resorts … [22] Several days later, the Clark County Planning Commission approved the 300-foot tower. Traded as: NASDAQ: RRR (Class A) Russell 2000 Component: Founded: April 26, 2016; 4 years ago () Website: redrockresorts.com: Station Casinos is an American hotel and casino gaming company based in the Las Vegas suburb of Summerlin South, Nevada, and founded by Frank Fertitta Jr. Station Casinos, along with Affinity Gaming, Boyd Gaming and Golden Entertainment, … Hotel Amenities: The hotel will reopen for stay dates beginning June 4, complete with in-room dining, pool, spa and salon and complimentary valet. With a three year total loss of 21% for the shareholders, Red Rock Resorts, Inc. would certainly have some dissatisfied shareholders. [111], In 2015, the resort began offering Rock Shot Bingo, a version of bingo featuring alcohol and a DJ, to appeal to younger customers. Station Casinos agreed to reduce its timeshare towers to 100 feet, removing 250 rooms from the project. Red Rock Resorts has 14,000 employees at their 1 location and $1.86 B in annual revenue in FY 2019. [67][89][90] The resort also included a seven-tenant food court. [3] Salute, a 4,000 sq ft (370 m2) Italian restaurant,[96] opened in the restaurant row in September 2015. [69] The casino included nearly 3,200 slot machines, with slightly more than half of them being video poker. Book direct to save! The Company's segments include Las Vegas operations, Native American management, and Corporate and other. It provides gaming … (Benjamin Hager/Las Vegas Review-Journal) @benjaminhphoto SIGN UP FOR RRR NEWS. E-mail Us or Call 702.495.3550. Station LLC is a gaming, development and management company that develops … [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. [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. Built at a cost of $925 million, the Red Rock Resort was Station Casinos' most expensive property. Features a chandelier with more than half of its opening Summerlin South, Nevada, located in the and..., reducing the hotel tower is the perfect gathering spot for family-friendly dining with outdoor... ' 11,000 employees announced plans to build a then-unnamed hotel-casino on the property the Red Rock Resorts ) of space. 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