“This marks the seventh quarter in a row that the company has achieved record same-store adjusted cash flow and adjusted cash flow margin,” said Stephen Cootey, executive vice president, chief financial officer and treasurer of the company.Īs for the Durango property, Cootey said, “The project is progressing nicely and is on schedule.”Ĭompany officials broke ground on the project in March.
The detail came during the company’s first-quarter earnings call that revealed Red Rock Resorts achieved the highest first-quarter net revenue, adjusted cash flow and adjusted cash flow margins in the company’s history.
(Bizuayehu Tesfaye/Las Vegas Review-Journal) Rock Resorts has locked in on a guaranteed maximum price for its $750 million casino project in southwest Las Vegas, the company reported Tuesday. Construction is underway for new Durango hotel-casino at South Durango Drive and 215 Beltway on Tuesday, May 3, 2022, in Las Vegas.
