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What smart money is saying about Red Rock Resorts, Inc.United States flag

RRR · Consumer Cyclical · Gambling, Resorts & Casinos · Market cap $3.81B

1 fund in our archive has pitched Red Rock Resorts, Inc. — most recently Baron Real Estate Fund in June 2026.

Company profile

Red Rock Resorts, Inc. is a company that develops and operates casino and entertainment properties throughout the United States. This is primarily achieved through its investments in Station Holdco and Station LLC. The business is categorized into two main divisions: Las Vegas Operations and Native American Management. In the Las Vegas regional market, the company owns and runs a total of 19 gaming facilities, comprising 9 larger entertainment complexes and 10 smaller casinos. Additionally, Red Rock Resorts manages the Graton Resort & Casino, situated in northern California. By December 31, 2021, its Las Vegas properties featured roughly 13,894 slot machines, 240 table games, and 3,081 hotel rooms. The enterprise, originally founded in Las Vegas, Nevada, in 1976, officially became Red Rock Resorts, Inc. in January 2016, after operating for years as Station Casinos Corp.

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Fund coverage · 1 thesis

  • Baron Real Estate Fund
    June 2026

    Red Rock Resorts, Inc. is a gaming growth company in Las Vegas Locals with portfolio expansion potential and an attractive valuation.

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