Station Casinos sees ‘no taxes on tips' as a big boost for Las Vegas economy [Yahoo! Finance]
Red Rock Resorts, Inc. - Class A (RRR)
Last red rock resorts, inc. - class a earnings: 2/4 04:03 pm
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Source: Yahoo! Finance
Casinos would share in any increase in disposable income that such a change might bring. Former President Donald Trump — now on his way back to the White House for a second term — was first to make taxes on tips a campaign issue when he mentioned it during a June rally in Las Vegas Wages have gone up considerably at casinos after unions secured new contracts on the Strip. And Station Casinos has been quick to point out that casino workers are customers, too. And often closer to where they live rather than where they work. When investors on the Red Rock Resorts third-quarter earnings call asked Tuesday about tax policies that might change, executives clearly had thought about it. Red Rock is the publicly traded holding company that owns part of Station Casinos. “No tax on tips I think would be a positive for our business,” Station Casinos CEO Frank Fertitta III said. “Yeah, we've looked at some economic analysis … you know, I don't know if anything's been published on it,” Red
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News
- Casino Operator Stocks Q3 Teardown: Red Rock Resorts (NASDAQ:RRR) Vs The Rest [Yahoo! Finance]Yahoo! Finance
- Red Rock Resorts, Inc. (NASDAQ: RRR) had its "outperform" rating re-affirmed by analysts at Mizuho. They now have a $57.00 price target on the stock, down previously from $67.00.MarketBeat
- Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25 [Yahoo! Finance]Yahoo! Finance
- Red Rock Resorts, Inc. (RRR) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Station Casinos is busy building, but next big Las Vegas project still undecided [Yahoo! Finance]Yahoo! Finance
RRR
Earnings
- 11/7/24 - Beat
RRR
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- RRR's page on the SEC website