Jeff Scheid/Las Vegas Review-Journal Follow off Tuesday’s announced $312.5 million acquisition of the Palms, Red Rock Resorts Inc., parent company of Station Casinos, reported a 4.8 percent increase in revenue over last year in its first quarter, the 12th straight quarterly revenue increase for the locals casino company.Įxecutives on Thursday reported net income of $59.5 million from revenue of $359.2 million compared with income of $45.6 million from revenue of $342.8 million a year earlier for the quarter that ended March 31.Įxecutive Vice President and Chief Financial Officer Marc Falcone said the growth of Southern Nevada’s tourism industry is driving growth for the company, which debuted on the Nasdaq on April 27. The resort has added ultra-high-definition LED displays at the sports book. Television monitors reflect off a countertop at the Green Valley Ranch race and sports book on Thursday, May 12, 2016.
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