Red Rock Resorts reported second-quarter net revenue of $510.3 million, down 3% year on year, and net income of $76.6 million, down 29.3%. The company said construction affected results at several Las Vegas properties; its $385 million Durango expansion remains on schedule to open in the second half of 2027.
Investors can weigh construction-related results against the scheduled Durango expansion.
Quarter ended 30 September 2026
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A 57-year-old Las Vegas man is contesting felony charges over an alleged sports betting operation involving about $8 million in wagers at Nevada sportsbooks and an offshore website. His lawyer argues that law enforcement's payment of between $5,000 and $6,000 to an undercover witness raises entrapment concerns; prosecutors say compensating confidential sources is not unusual.
Reportedly, the AGA, tribal leaders and casino groups criticised prediction markets at the Global Gaming Expo in Las Vegas. Prediction markets dominated discussion at the event, held at the Venetian Expo.
Las Vegas gambler ‘Wild Bill’ Roberts faces an indictment after allegedly accepting $69,000 in wagers following his arrest. Prosecutors said on 30 September that he continued accepting bets, including from an undercover investigator.
Prosecutors announced on Wednesday, Sept. 30, that a grand jury indictment had been unsealed against William "Wild Bill" Roberts, the Las Vegas gambler. The charges include running a gaming establishment without a license, taking compensation for accepting wagers unlawfully, attempted money laundering, and accepting unlawful wagers. Roberts rejects the claim that he ran an illegal sportsbook, saying he is a gambler, not a bookmaker.
Reportedly, the chief executives of Wynn Resorts, MGM Resorts International and Caesars Entertainment reaffirmed Las Vegas's central role in US gambling at G2E on Tuesday. The speakers included Wynn Resorts chief executive Craig Billings, MGM Resorts International chief executive Bill Hornbuckle and Caesars Entertainment chief executive Tom Reeg.
BetMGM opened its first poolside sportsbook at Tailgate Beach Club, beside Mandalay Bay Resort and Casino in Las Vegas. The venue offers an outdoor betting window and access to the BetMGM app; the dayclub can accommodate up to 2,000 guests. BetMGM said the site joins its 10 other retail sportsbooks at MGM Resorts properties on the Las Vegas Strip.