We have very high standards and want to make sure we nail the opening.”ĭurango Station is expected to be one of the highest-margin properties in the Red Rock system, executives said Tuesday.Įxecutive Vice President and CFO Stephen Cootey said the recent quarter was the third best third quarter in terms of same-store net revenue, adjusted EBITDA, and adjusted EBITDA margin, surpassed only by the third quarters of 20. We’re going to own this asset for a long time and the first impression is very important. It’s the right thing to do when the doors open to be totally ready. For me and (Board Chairman) Frank (Fertitta), the level of service on the day we open (must be) at the highest quality it can be. This isn’t where you’re going to see a new face every day. We’re going to have a lot of repeat customers. “Our operations are a little different from the Strip in that we’re primarily a locals’ property.
“Different areas critical to the opening were not turned over by contractors in the time we originally anticipated and it didn’t give us enough time to properly train our staff and team members to have the appropriate load-in days and play days,” Fertitta said.
