Red Rock Resorts Posts 2021 Financials

American casino operator Red Rock Resorts has released its 2021 financial results, noting that the company returned to a profit after struggling due to the Covid-19 pandemic.

Key financial indicators for the fiscal year ending December 31st, 2021 were:

  • Revenue of $1.62 billion, up from $1.18 billion last year
  • Casino revenues up 49.8% to $1.14 billion
  • Food and beverage revenue up 27.2% to $245.4 million
  • Room revenue up 65.4% to $143.9 million
  • Other revenue was up 36.2% to $76.6 million
  • Revenue from management fees down 88.8% to $9.2 million
  • Operating expenses up 11.2% to $1.22 billion
  • EBITDA up more than double to $741 million
  • Pre-tax profit of $285.5 million, up from a loss of $60.5 million last year
  • Tax credits received worth $69.3 million, and $113 profit deduction
  • Net profit of $241.9 million, up from the $150.4 million loss posted last year

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.

Comments

Post new comment

There are currently no comments on this page. Be the first!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.