https://www.rrripodissected.org/wp-content/uploads/Red-Rock-Resorts-Inc-Board-of-Directors.png 467 1119 Jason Kordosky /wp-content/uploads/stationipodissected7.png Jason Kordosky2022-01-31 19:49:442022-09-23 21:54:15Red Rock Resorts’ deficient board diversity claims [updated]
Red Rock’s claims about board diversity rely on the problematic assumption that the pool of potential directors is too small because of the gaming license process. The gaming license process is not a justifiable obstacle to board diversity, as evidenced by the presence of women on the boards of every publicly traded Nevada-based gaming company except Red Rock.
https://www.rrripodissected.org/wp-content/uploads/DurangoSign.jpg 2141 2261 Ken Liu /wp-content/uploads/stationipodissected7.png Ken Liu2021-07-28 05:22:062021-09-17 21:09:57Questions about “Durango Station”
Is there market demand for another Las Vegas Locals casino? How many “Durango Station” customers will come from Red Rock Casino? How will “Durango Station” compete against nearby mixed-use developments? What will happen to the Flamingo/I-215 site after "Durango Station"?
https://www.rrripodissected.org/wp-content/uploads/IVoted.jpg 1549 2053 Ken Liu /wp-content/uploads/stationipodissected7.png Ken Liu2021-06-18 21:32:472021-06-22 21:48:04Red Rock Resorts Public Shareholders Vote for Change
Red Rock Resorts should listen to public shareholders and adopt majority voting for directors and take steps to eliminate the dual-class share structure.
https://www.rrripodissected.org/wp-content/uploads/Three-reasons-to-eliminate-dual-class-shares-at-Red-Rock-Resorts-e1622184983661.jpg 1000 1500 Jason Kordosky /wp-content/uploads/stationipodissected7.png Jason Kordosky2021-05-28 06:25:532022-01-28 22:44:36Three Reasons to Eliminate Red Rock’s Dual-class Voting Structure
In the words of a recent Wall Street analyst report: “RRR’s dual-class share structure is suboptimal for most investors and has historically been an impediment to valuation optimization.”
https://www.rrripodissected.org/wp-content/uploads/iStock-1142651050-1-scaled-e1612744587606.jpg 600 860 Jason Kordosky /wp-content/uploads/stationipodissected7.png Jason Kordosky2021-02-08 07:55:422021-07-29 00:20:07Why did UBS start lending to Fertittas and stop lending to Red Rock? [updated 4.28.21]
Why did UBS end up by lending to the Fertittas personally but not to the public-traded company they controlled? And what caused the Fertittas to take on the margin loan in the first place?
https://www.rrripodissected.org/wp-content/uploads/Employee-Benefits-Sign.jpg 482 724 Ken Liu /wp-content/uploads/stationipodissected7.png Ken Liu2020-03-09 23:47:002020-03-09 23:55:48New Costs to Pressure Margins at Station Casinos
In December, Station Casinos announced a company-wide new benefits…