Higher costs offset revenue growth at Red Rock in Q1
| By Robert Fletcher
Red Rock Resorts reported an 8.0% increase in revenue for the first quarter of 2023, but a rise in spending led to a short decline in net profit.
![Red Rock](https://igamingbusiness.com/img-srv/qc6XE0AUXJCVWWG12Xo_UsiNY7P3tspG_uzRxmESlxg/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMS8wNS9waG90b2dyYXBoeS1jYXNpbm8tcG9rZXItcG9rZXItY2FyZHMtMzIwMDI2MDEtc2NhbGVkLTEtMjA0OHgxMzY2LTEtc2NhbGVkLmpwZw.webp)
Revenue was higher across all operating segments during the three months to 31 March, with total revenue for the period amounting to $433.6m.
Of this total, $430.0m came from Red Rock’s Las Vegas operations in Nevada, while the remaining $3.6m was generated from corporate and other activities.