Red Rock Resorts Inc
NASDAQ:RRR
Gross Margin
Red Rock Resorts Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
4.5B USD |
62%
|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
31.1B GBP |
48%
|
|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
41B AUD |
59%
|
|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
25.8B USD |
46%
|
|
| SE |
|
Evolution AB (publ)
STO:EVO
|
170.3B SEK |
0%
|
|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
16.6B USD |
38%
|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
122.3B HKD |
38%
|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
113.1B HKD |
40%
|
|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10B Zac |
70%
|
|
| US |
|
MGM Resorts International
NYSE:MGM
|
9.5B USD |
46%
|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
8.9B USD |
44%
|
Red Rock Resorts Inc
Glance View
In the bustling metropolis of Las Vegas, Red Rock Resorts Inc. stands as a distinguished player in the gaming and entertainment industry. Born from the visionary efforts of Frank and Lorenzo Fertitta, the company has its roots in catering to the local populace, effectively setting itself apart from the glitzy, tourist-driven spectacles of the Strip. Its flagship property, Red Rock Casino Resort & Spa, along with other strategically located entertainment venues under the management of Station Casinos, focuses on delivering a comprehensive experience to both locals and visitors. Each establishment comprises a variety of offerings, from expansive gaming floors and luxurious accommodations to award-winning dining and event spaces, all of which position Red Rock Resorts as a staple in Nevada’s hospitality and leisure sector. The company’s financial dynamics revolve around a finely tuned balance of gaming revenues, hospitality services, and real estate prowess. Core operations pivot around its extensive portfolio of casinos where gaming is a staple, with slot machines and table games contributing significantly to revenue. Meanwhile, non-gaming amenities such as hotel rooms, food and beverage options, and entertainment venues create a diversified revenue stream that not only enhances customer retention but also attracts a broad demographic range, ensuring a steady flow of income. By focusing on the unique needs of local residents while also appealing to out-of-town visitors, Red Rock Resorts has carved out a niche in the competitive market of Las Vegas, consistently leveraging its assets to fuel growth and maintain a robust financial health.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Red Rock Resorts Inc's most recent financial statements, the company has Gross Margin of 61.6%.
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