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
- Earnings grew faster than the solid 18% CAGR delivered to Red Rock Resorts (NASDAQ:RRR) shareholders over the last five years [Yahoo! Finance]Yahoo! Finance
- Red Rock Resorts, Inc. (NASDAQ: RRR) was downgraded by analysts at Mizuho from an "outperform" rating to a "neutral" rating. They now have a $44.00 price target on the stock, down previously from $57.00.MarketBeat
- 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
RRR
Earnings
- 11/7/24 - Beat
RRR
Sec Filings
- 12/18/24 - Form 8-K
- 11/14/24 - Form SCHEDULE
- 11/12/24 - Form SC
- RRR's page on the SEC website