Red Rock Resorts appointed J. Colby Williams as executive vice-president and general counsel, succeeding Jeffrey Welch, who is retiring. The company said Williams is expected to join on or around 8 September and will oversee legal, regulatory and compliance matters.
The appointment changes the executive responsible for Red Rock Resorts’ legal, regulatory and compliance work.
Quarter ended 30 September 2026
The day’s most important stories, free. One email a day.
Baron Capital’s Baron SMID Cap ETF sold its Wynn Resorts holding during the third quarter, according to a letter to investors by portfolio managers Laird Bieger and Randy Gwirtzman. The managers did not explain the sale; the ETF held no gaming stocks after the exit, while Baron’s Baron First Principles ETF retained a 2.27% position in Red Rock Resorts as of 30 September.
Wynn Resorts shares were dropped from the Baron SMID Cap ETF, known as BSCM, in the third quarter. Texas Roadhouse was the beneficiary of the switch away from the casino stock. Laird Bieger and Randy Gwirtzman, the portfolio managers, wrote to the ETF’s investors about the Wynn departure but gave no detailed reason for the sale.
Kambi reported third-quarter 2026 revenue of €46m, up 23% year on year, and adjusted EBITA of €7.9m, up 161%. The company lifted its full-year adjusted EBITA guidance to around €26m from a previous range of €23m to €27m, according to its results announcement.
Kambi reported Q3 2026 revenue of €46 million, up 23% year on year, and adjusted EBITA of €7.9 million, compared with €3 million a year earlier. The company raised its full-year adjusted EBITA guidance to roughly €26 million. CEO Werner Becher attributed performance to business diversification, cost discipline and favourable currency movements.
Kambi's revenue for the third quarter was EUR 46 million, up 23% year-on-year. Adjusted EBITA climbed from EUR 3 million to EUR 7.9 million over the comparable period, with the margin widening from 8.2% to 17.3%.
Kambi reported third-quarter 2026 revenue of €46.0 million, up 23% year on year, and adjusted EBITA of €7.9 million, up 161%. The company raised its full-year adjusted EBITA estimate to about €26 million from a previous range of €23 million to €27 million.
Kambi reported revenue of €46.0m for the third quarter of 2026, up 23% from €37.4m a year earlier. The company updated its full-year adjusted EBITA estimate to about €26m, against a previous range of €23m to €27m.
Red Rock Resorts increased the planned budget for its Durango casino expansion to $430 million from $385 million, the company said alongside its third-quarter results. The project is expected to open in Q3 2027, and management maintained a targeted 20% return on investment.