Red Rock Resorts reported a decrease in net revenues, net income, and adjusted EBITDA for the second quarter of 2022 compared to the same period in 2021. Net revenues decreased by 1% to $422.2 million, net income decreased significantly to $32.4 million, and adjusted EBITDA decreased by 10% to $188.9 million.
Net revenues decreased by 1% to $422.2 million.
Net income decreased to $32.4 million.
Adjusted EBITDA decreased by 10% to $188.9 million.
Cash and cash equivalents were $256.3 million as of June 30, 2022.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, without limitation, statements regarding our expectations, hopes or intentions regarding the future.
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