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“With its attraction to both Las Vegas residents and vacationers alike, the Palms is a hybrid gaming property that’s uniquely positioned to profit from the sturdy economic trends in Southern Nevada and record visitation levels in Las Vegas. “With the acquisition of the Palms we gain a leading gaming asset in Las Vegas with key strategic benefits in the Las Vegas locals market and shut proximity to the Las Vegas Strip,” said Marc Falcone, Executive Vice President, Chief Financial Officer and Treasurer of Red Rock Resorts. The corporate expects the acquisition to be accretive to earnings per share and free cash move optimistic in first full year of operations. This press release accommodates “forward-looking” statements and “safe harbor statements” throughout the meaning of the Private Securities Litigation Reform Act of 1995 that contain risks and/or uncertainties, together with those described in the corporate’s public filings with the Securities and Exchange Commission(without limitation) statements relating to the transactions contemplated by the settlement to amass the Palms, our expectations relating to the timing of closing, the potential benefits to be achieved from the acquisition of the Palms, including EBITDA expectations, expectations concerning the Palms being free money movement positive and accretive to our earnings, expected cost synergies, and any statements or assumptions underlying any of the foregoing.

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