Food and beverage sales improve net income at Red Rock

| By iGB Editorial Team
A fall in asset impairment costs and a sharp rise in food and beverage sales helped Las Vegas-based casino operator Red Rock Resorts to a 10.0% increase in consolidated net income for the 2022 financial year.

Reporting its Q4 and full-year figures, Red Rock said that a 2.8% year-on-year increase in net revenue from $1.62bn to $1.66bn had contributed towards a 0.4% rise in adjusted earnings before interest tax, depreciation and amortisation (EBITDA) from $743.9m to $741.0m.

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