10 Best Casino Stocks to Buy in 2026

4. Red Rock Resorts, Inc. (NASDAQ:RRR)

Red Rock Resorts, Inc. (NASDAQ:RRR) posted earnings for the fourth fiscal quarter last month, reporting earnings per share of $0.75, beating market estimates by $0.30. The revenue over the period was in excess of $511 million, up more than 3% compared to the revenue over the same period last year and topping analyst expectations by $7.5 million. During the earnings call, Stephen Cootey, the Executive VP and CFO, said that the firm had broken ground on the next phase of the expansion of Durango Casino Resort, an 18-month construction project estimated to cost $385 million. The expansion will add nearly 400 additional slot machines and ancillary gaming to the casino floor while also introducing a range of new amenities.

Red Rock Resorts, Inc. (NASDAQ:RRR) has also invited positive analyst commentary in the past few weeks. Analyst John DeCree from CBRE Equity Research said last month that the Las Vegas local casino operators may be in better shape than their Strip counterparts. Per the analyst, the bullish view on Red Rock Resorts was based in part on the 40-year track record of the Las Vegas Locals market outperforming the Strip in economic recessions. The higher concentration of tipped employees and large number of retirees living in Las Vegas were also called positives for the local casino operators.

Red Rock Resorts, Inc. (NASDAQ:RRR) develops and manages casino and entertainment properties in the United States. It owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market.