We believe that Adjusted EBITDA is a widely used measure of operating performance in our industry and is a principal basis for valuation of gaming companies. (1) Adjusted EBITDA is a non-GAAP measure that is presented solely as a supplemental disclosure. A replay of the call will be available from today through Novemat A live audio webcast of the call will also be available at Presentation of Financial Information Those interested in participating in the call should dial (888) 317-6003, or (412) 317-6061 for international callers, approximately 15 minutes before the call start time. The conference call will consist of prepared remarks from the Company and include a question and answer session. Eastern Time to discuss its financial results.

The Company will host a conference call today at 4:30 p.m. Prior to the payment of such dividend, Station Holdco LLC ('Station Holdco') will make a cash distribution to all unit holders of record, including the Company, of $0.25 per unit for a total distribution of approximately $27.1 million, approximately $15.6 million of which is expected to be distributed to the Company and approximately $11.5 million of which is expected to be distributed to the other unit holders of record of Station Holdco. The dividend will be payable on Decemto all stockholders of record as of the close of business on December 15, 2023. The Company's Board of Directors has declared a cash dividend of $0.25 per Class A common share for the fourth quarter of 2023. The Company's cash and cash equivalents at Septemwere $122.8 million and total principal amount of debt outstanding at the end of the third quarter was $3.3 billion. Net revenues from Las Vegas operations were $408.0 million for the third quarter of 2023, a decrease of 0.9%, or $3.6 million, from $411.6 million in the same period of 2022.Īdjusted EBITDA from Las Vegas operations was $191.4 million for the third quarter of 2023, a decrease of 4.3%, or $8.5 million, from $199.9 million in the same period of 2022.

Net income was $68.4 million for the third quarter of 2023, a decrease of 28.3%, or $27.0 million, from $95.5 million in the same period of 2022.Īdjusted EBITDA (1) was $175.2 million for the third quarter of 2023, a decrease of 3.7%, or $6.7 million, from $181.9 million in the same period of 2022. Net revenues were $411.6 million for the third quarter of 2023, a decrease of 0.7%, or $2.8 million, from $414.4 million in the same period of 2022. ('Red Rock Resorts,' 'we' or the 'Company') (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2023. 7, 2023 /PRNewswire/ - Red Rock Resorts, Inc.

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