OREANDA-NEWS. Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") today announced that the Company’s Board of Directors has declared a cash dividend of $0.10 per Class A common share for the first quarter of 2017. The dividend will be payable on March 31, 2017 to all stockholders of record as of the close of business on March 15, 2017. 

Prior to the payment of such dividend, Station Holdco LLC (“Station Holdco”) will make a cash distribution to all unit holders of record, including the Company, of $0.10 per unit for a total distribution of approximately $11.6 million, approximately $6.6 million of which is expected to be distributed to the Company and approximately $5.0 million of which is expected to be distributed to the other unit holders of record of Station Holdco. 

About Red Rock Resorts

Red Rock Resorts manages and owns a significant indirect equity interest in Station Casinos LLC (“Station”). Station is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station’s properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering.