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Red Rock Resorts reports strong earnings

red-rock-resorts-reports-strong-earnings

ed Rocks is starting to make a quick recovery after amid the economic storm caused by COVID-19. 

During the second quarter the Company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties, while Palms Casino Resort, Texas Station, Fiesta Rancho and Fiesta Henderson remained closed during the quarter.

While second quarter 2019 results are included below for comparative purposes, the 2019 results include, among other things, the results of our four currently closed properties in addition to the properties which operated in the second quarter 2021.

The Company’s cash and cash equivalents at June 30, 2021 were $91.0 million and total principal amount of debt outstanding at the end of the second quarter was $2.7 billion.

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