Red Rock Resorts Announces Second Quarter 2017 Conference Call, Earnings Release Date and Quarterly Dividend
August 04 2017 - 6:00AM
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 2017 on Tuesday, August 8,
2017 and will hold a conference call on the same day at 4:30 p.m.
Eastern Time. The conference call will consist of prepared remarks
from the Company and will include a question and answer session.
To listen to the conference call, please dial into the
conference operator no later than 4:15 p.m. Eastern Time at (877)
793-4361. For those of you dialing in internationally, your dial in
number is (615) 247-0185. A live audio webcast of the call will
also be available at http://www.redrockresorts.com/.
A replay of the call will be available through August 15, 2017
at http://www.redrockresorts.com/ or by dialing in at (855)
859-2056 or internationally at (404) 537-3406 using conference ID:
57047239.
Quarterly Dividend
The Company also announced that the Company’s Board of Directors
has declared a cash dividend of $0.10 per Class A common share for
the third quarter of 2017. The dividend will be payable on August
31, 2017 to all stockholders of record as of the close of business
on August 15, 2017.
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 $0.10 per unit for a
total distribution of approximately $11.6 million,
approximately $6.8 million of which is expected to be
distributed to the Company and approximately $4.8 million of which
is expected to be distributed to the other unit holders of record
of Station Holdco.
About Red Rock Resorts
Red Rock Resorts manages and owns a significant indirect equity
interest in Station Casinos LLC (“Station”). Station is the leading
provider of gaming and entertainment to the residents of Las Vegas,
Nevada. Station’s properties, which are located throughout the Las
Vegas valley, are regional entertainment destinations and include
various amenities, including numerous restaurants, entertainment
venues, movie theaters, bowling and convention/banquet space, as
well as traditional casino gaming offerings such as video poker,
slot machines, table games, bingo and race and sports wagering.
Station owns and operates Red Rock Casino Resort Spa, Green Valley
Ranch Resort Spa Casino, Palms Casino Resort, Palace Station Hotel
& Casino, Boulder Station Hotel & Casino, Sunset Station
Hotel & Casino, Santa Fe Station Hotel & Casino, Texas
Station Gambling Hall & Hotel, Fiesta Rancho Casino Hotel,
Fiesta Henderson Casino Hotel, Wildfire Rancho, Wildfire Boulder,
Wild Wild West Gambling Hall & Hotel, Wildfire Sunset, Wildfire
Valley View, Wildfire Anthem and Wildfire Lake Mead. Station also
owns a 50% interest in Barley’s Casino & Brewing Company,
Wildfire Casino & Lanes and The Greens. In addition, Station is
the manager of Graton Resort & Casino in northern California
and owns a 50% interest in MPM Enterprises, L.L.C., which is the
manager of Gun Lake Casino in southwestern Michigan.
Investors:
Red Rock Resorts
Daniel Foley, 702-495-3550
investorrelations@redrockresorts.com
or
Media Contacts:
Red Rock Resorts
Lori Nelson, 702-495-4248
Lori.Nelson@StationCasinos.com
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