Milbank Advises Red Rock Resorts on its Initial Public Offering

LOS ANGELES, May 3, 2016 /PRNewswire/ -- Red Rock Resorts, Inc., leading provider of gaming and entertainment, has made a successful initial public offering of 27,250,000 shares of its Class A common stock. The company is now listed on the NASDAQ under the symbol "RRR."

Milbank, Tweed, Hadley & McCloy LLP advised Red Rock Resorts on the offering with a deal team led by Corporate partner Deborah Conrad, Corporate partner Kenneth Baronsky, Tax partner Russell Kestenbaum, Executive Compensation partner Mike Shah and Corporate associates Matthew Chain and Soo Hwang.

Milbank also advised Fertitta Entertainment in its sale to Station Casinos LLC, a subsidiary of Red Rock Resorts, for $460 million. Milbank Corporate partner Kenneth Baronsky led the team advising Fertitta Entertainment together with Tax partner Russell Kestenbaum, Executive Compensation partner Mike Shah and Corporate associate Matthew Chain.

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Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Milbank's lawyers collaborate across practices and offices to help the world's leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.  

From: Jocelyn De Carvalho, Public Relations Manager, +1.212.530.5509 jdecarvalho@milbank.com

SOURCE Milbank, Tweed, Hadley & McCloy LLP