Gaming company Red Rock Resorts reported a 55% increase in profits, driven by rising revenues in Las Vegas
The casino operator's operating income surged by 55% to $168 million (₽13.81 billion). However, the report also noted an increase in expenses. Casino costs climbed by 6.8% to $93.9 million (₽7.72 billion), while food and beverage expenses grew by 2.2% to $75.9 million (₽5.98 billion).
The project management segment involving Native American tribes, which generated no revenue in 2024, contributed $10 million (₽822.22 million) in the second quarter of 2025. Although this revenue is not considered regular, it reflects the ongoing collaboration between the operator and the tribes.
Red Rock Resorts is an American company specializing in the management of casinos and hotel complexes, with its primary operations centered in Las Vegas. The city remains a key profit source for the company, accounting for 97.5% of its total revenue.
In the first quarter of 2025, the operator reported stable revenue of $497.9 million (₽40.93 billion). Net income increased by 9.7%, and adjusted EBITDA stood at $215.1 million (₽16.95 billion). The company ended the first quarter with a consistent debt level of $3.4 billion (₽279.54 billion) and cash reserves of $159.6 million (₽13.12 billion).
In light of these positive financial results, Red Rock Resorts' management announced a dividend payout. Investors will receive $0.25 (₽20.55) per share, bringing total dividend payments for the year to $1.50 (₽123.33).
Meanwhile, Mattel has opened its first UNO card game club in Las Vegas.
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