Recent Updates — RRR

Station Casinos LLC, a subsidiary of Red Rock Resorts, Inc., entered into an incremental joinder agreement providing for $500 million in aggregate principal amount of incremental term B loans. These new loans are fungible with and have terms identical to the company's existing term B loans under its senior secured credit agreement. The proceeds will be used to repay outstanding revolving loans, pay related fees and expenses, and fund general corporate purposes. Red Rock Resorts is a holding company that owns and manages Station Casinos, the leading provider of gaming, hospitality, and entertainment in Las Vegas.

Red Rock Resorts reported second quarter 2026 financial results showing net revenues of $510.3 million, a 3.0% decrease from the prior year period. Net income fell 29.3% to $76.6 million, while Adjusted EBITDA declined 9.3% to $208.0 million. The company declared a quarterly cash dividend of $0.26 per Class A common share, payable on September 30, 2026 to shareholders of record as of September 15, 2026. Red Rock Resorts operates regional gaming, hospitality, and entertainment properties in Las Vegas.

Red Rock Resorts, Inc. announced the retirement of Chief Legal Officer Jeffrey T. Welch, effective September 8, 2026, after which he will transition to a non-officer role through year-end. J. Colby Williams has been appointed as the new Executive Vice President and General Counsel, effective around September 8, 2026, with an annual base salary of at least $1,200,000 and a target bonus of 125% of base salary. Red Rock Resorts, Inc. operates in the gaming and hospitality industry through its Station Casinos LLC subsidiary.

Red Rock Resorts, Inc. held its Annual Meeting of Stockholders on June 4, 2026, where stockholders voted on director elections, a non-binding advisory vote on executive compensation (