Red Rock Resorts highlights Las Vegas population growth as expansion driver
RRR•Red Rock Resorts cited Clark County projections for more than 109,000 additional housing units over 15 years and 16.8% growth in residents aged 65 and older from 2026 to 2031. The company said its greenfield properties have generated internal rates of return of at least 20%.
1. Growth outlook
Red Rock Resorts highlighted its Las Vegas Valley development pipeline in an investor presentation focused on the locals gaming market. It said Clark County is projected to add more than 109,000 housing units over the next 15 years, while residents aged 65 and older are projected to grow 16.8% from 2026 to 2031, compared with 5.3% for the total population. The company cited a history of generating internal rates of return of at least 20% on greenfield properties.
