Revenue and Profit up at Red Rock in Q2
Red Rock Resorts has reported a year-on-year rise in revenue and net profit for the second quarter of its 2025 financial year, with growth across all areas of the business.
Revenue for the three months to June 30 was $526.3 million, up 8.2%. Casino operations again represented the main source of revenue, generating $344.8 million during Q2, a rise of 7.9%.
Room, food and beverage, and other revenues were also higher, while Red Rock reported an increase in revenue from development fees.
Operating costs edged up 3.5% to $358.2 million, although non-operating expenses were down year-on-year. As such, pre-tax profit hiked 52.2% to $124.2 million.
Red Rock paid $15.9 million in tax and took off $51.8 million in income from non-controlling interest. This resulted in net profit of $56.4 million, a rise of 58% year-on-year.
Similar Story in H1 for Red Rock
As for the first half, revenue in the six months to June 30 increased 5% to $1.02 billion.
Casino drew the most revenue at $678 million. Food and beverage revenue was slightly down, but rises were reported across room, development fees and other revenue.
Operating costs were higher, although non-operating expenses declined. Coupled with the rise in revenue, this left a pre-tax profit of $222.9 million, up 34.1% year-on-year.
Red Rock paid $28.7 million in tax and discounted $93.1 million in net income from its non-controlling assets. As such, the operator ended H1 with a net profit of $101.2 million, up 29.3%.
