For Vegas-Based Red Rock, a $51 Million Vote of Confidence

Sun, Aug 25, 2019

Majority shareholders Frank and Lorenzo Fertitta (l.) saw an opportunity in a tough second quarter for Red Rock Resorts to snap up 2.25 million shares. Analysts hailed the purchase, saying it underscores the brothers’ belief in their massive investment in the Palms.

For Vegas-Based Red Rock, a $51 Million Vote of Confidence

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