[5] The condominium project had been scheduled for groundbreaking around October 2006,[129] but was ultimately cancelled. Station LLC is a gaming, development and management company that develops … [67] The 3-acre (1.2 ha) pool area was located in the center of the resort property, surrounded by several restaurants, clubs, and the spa. Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. Hard Rock Hotel® is equal parts family-friendly fun and rock god heaven. Groundbreaking began in April 2004, and the resort was topped off in March 2005, before opening on April 18, 2006, as the second casino in Summerlin. [68] The 87,000 sq ft (8,100 m2) casino featured 62 gaming tables,[67] including a 20-table poker room. [30] That month, the Clark County Commission delayed a vote on the project until January 2004, while telling opponents and supporters to work on a compromise ahead of the vote. [39][40] A groundbreaking ceremony was held for the resort on April 15, 2004, with an opening scheduled for early 2006. During the third quarter the... 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 third quarter 2020 on Tuesday, October... As previously announced by the North Fork Rancheria of Mono Indians (the "Tribe"), Red Rock Resorts, Inc. ("Red Rock Resorts" or "we") is pleased to confirm that the August 31 decision of the... Red Rock Resorts [22][23] In late October 2003, Station Casinos held an event to educate residents about the project and to answer questions. [3] Also planned was a new parking and drop-off area across from the mall, as well as an enhanced entrance accessible by mall shoppers. [100][113][114] A dance show titled Alice: A Steampunk Concert Fantasy, based on the books Alice in Wonderland and Through the Looking-Glass, began at the Rocks Lounge in July 2017. [7][8], Station Casinos expected to complete its purchase of the land by June 2003, with construction scheduled to begin late that year or in early 2004. [53][86] The resort's design includes blown glass, polished sandstone, and 5,400 sq ft (500 m2) of multicolored onyx imported from India and Italy. At the resort, the cylinders each contained $500 and were attached to 10 different slot machines as part of a field test, which was viewed favorably by customers. Shares of casino operator Red Rock Resorts (NASDAQ: RRR) dropped as much as 15% in the first half hour of trading on Thursday. Just like the striking sandstone canyons we call home, accommodations at Red Rock Resort are grand, inspiring, and unlike anything else you’ll find in our valley. [98], When the resort opened, it featured Rande Gerber's 8,500 sq ft (790 m2) Cherry Nightclub, which included a seven-foot sculpture of red cherries created by Takashi Murakami. Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. [110] In March 2014, the resort announced a concert series planned for the summer, to be held at the Sandbar pool area. [54][55] More than 100,000 people applied for jobs at the resort during 2005. However, decline in traffic due to the coronavirus outbreak is concerning. A compromise was ultimately reached in January 2004, reducing the hotel tower to 198 feet while removing the timeshare aspect entirely. Mr. Fertitta has also served as CEO of Station LLC since June 2011 and served as a member of Station Holdco’s board of directors from June 2011 until Station Holdco became member managed in connection with the IPO. [6] In October 2003, the project received opposition from people who believed that it would harm the quality of life for Summerlin residents and that it would destroy the views of Red Rock Canyon. The entrance to Red Rock Resort's Christmas-themed popup bar Merry Crimson on Monday, Nov. 23, 2020, in Las Vegas. Sell-side analysts expect that Red Rock Resorts will post -0.41 earnings per share for the current fiscal year. Mr. Fertitta has served as CEO of Red Rock and the Chairman of the Board since September 2015. The resort's LBS: A Burger Joint restaurant also closed that month, after five years of operations. [53][58][59][60] Employees underwent six weeks of pre-opening training to ensure preparedness for the public opening. [62] Approximately 80 percent of revenue was expected to come from local residents. The redesigned project was unanimously approved by the Clark County Commission in January 2004,[34][35] with approval to build up to 1,000 rooms. [66], The resort opened with 415 hotel rooms, approximately half of its final room count. With a three year total loss of 21% for the shareholders, Red Rock Resorts, Inc. would certainly have some dissatisfied shareholders. [18][25], Residents continued to oppose the tower,[26][21] and opponents worked to gather support in an effort to derail the project. [108] The Red Rock Amphitheater hosted its final concert in October 2012. The company has a market capitalization of $2.76 Billion. The 52 week high of Red Rock Resorts, Inc. (NASDAQ:RRR) is placed at 27.91 and 52 week low is standing at 2.76. Red Rock Resorts, Inc. (NASDAQ:RRR) went down by -1.89% from its latest closing price compared to the recent 1-year high of $27.91. Leading gaming, development and management company Red Rock Resorts sees its Relative Strength Rating move into the elite 90-plus level. This is the perfect gathering spot for family-friendly dining with its outdoor deck on the Ski Beach and Canyons Golf. 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