“They were (purposefully) built, you know, for the local business.”Ī Red Rock spokesman declined to provide more comment.Īccording to a recent filing with the Securities and Exchange Commission, average occupancy rates for Red Rock Resort Inc.

“If you take the six properties that we have opened today, five of those are all in the suburbs with growing population off of major interstates,” Fertitta said. “So far, we are very pleased with the results that we have had.”įertitta said that Red Rock is sticking to its locals-focused properties, the bread and butter of the company. “We think it’s too early to make that decision at this time,” he said on the call. 4 call with investors, Chief Financial Officer Stephen Cootey said the reopenings hinge on the performance of Red Rock’s open properties and the overall health of the economy.Ĭhairman and CEO Frank Fertitta III said the company doesn’t know “if or when” it will reopen any of its closed properties, as Red Rock has been able to move revenue from the closed properties to its reopened casinos. Red Rock - parent company to Station Casinos - has yet to reopen four Southern Nevada properties: Texas Station, Fiesta Henderson, Fiesta Rancho and the Strip-adjacent Palms. Texas Station, Fiesta Henderson, Fiesta Rancho, Palms In second-quarter earnings calls, the executives of the companies revealed that the future of the properties remains uncertain. have yet to reopen in Las Vegas, as occupancy rates hover as low as 30 percent on weekdays. Las Vegas is known for being a city that never sleeps, but several of its properties have had their lights turned off for nearly five months.Ī total of 12 properties owned by MGM Resorts International, Caesars Entertainment Inc., Red Rock Resorts Inc.

(Elizabeth Brumley/Las Vegas Review-Journal)

Eastside Cannery Casino-Hotel is seen temporarily closed in Las Vegas on Thursday, Aug.

Las vegas casinos still closed