Red Rock Resorts achieved record third quarter net revenue and adjusted EBITDA driven by strong performance across its Las Vegas operations and ongoing expansion at the Durango Casino Resort.

• Q3 net revenue reached $468.6 million, up 1% year-over-year, while adjusted EBITDA rose 3.4% to $209.4 million.
• The company generated $128.5 million in operating free cash flow, equating to $1.21 per share, reinforcing a solid cash position for growth initiatives and shareholder returns.
• Ongoing investments in Durango Casino, including a $120 million expansion set for completion in December and a $385 million additional phase starting in January, are expected to capture increasing market share in a growing local market.
• Both hotel and food and beverage segments delivered near-record results, enhancing overall profitability amid robust visitation and customer engagement.
• Despite near-term disruptions from construction projects, the outlook remains positive, particularly within the locals market and across the company's gaming segments.