Material Agreement Form 8 K

Item 1.01. Entry Into a Material Definitive Agreement

Credit Agreement Amendment

On December 18, 2024, Red Rock Resorts, Inc.'s consolidated subsidiary, Station Casinos LLC (the "Company"), entered into a First Amendment to Amended and Restated Credit Agreement (the "Amendment"), by and among the Company, the subsidiary guarantors party thereto, Red Rock Resorts, Inc., Station Holdco LLC, the lenders party thereto and Deutsche Bank AG Cayman Islands Branch, as administrative agent (the "Administrative Agent"). The Amendment amends the Amended and Restated Credit Agreement, dated as of March 14, 2024, by and among the Company, the subsidiary guarantors party thereto from time to time, the lenders party thereto from time to time, the Administrative Agent and Deutsche Bank AG Cayman Islands Branch, as collateral agent (as amended, restated, supplemented, waived or otherwise modified from time to time, the "Credit Agreement").

Among other things, the Amendment reduces the interest rate margins applicable to the Company's existing approximately $1.54 billion term B loan facility to, at the Company's option, either (a) the forward-looking Secured Overnight Financing Rate term rate published two (2) U.S. government securities business days prior to the commencement of the applicable interest period ("Term SOFR"), subject to a floor of 0.0% or (b) a base rate (the "Base Rate") determined by reference to the highest of (i) the federal funds rate plus 0.50%, (ii) the Administrative Agent's "prime rate" and (iii) the one-monthTerm SOFR rate plus 1.00%, in each case, plus an applicable margin. Such applicable margin is 2.00% per annum in the case of any Term SOFR loan and 1.00% per annum in the case of any Base Rate loan.

The representations, warranties and covenants contained in the Amendment were made only for purposes of the Amendment and as of the specific date (or dates) set forth therein, were solely for the benefit of the parties to the Amendment and are subject to certain limitations as agreed upon by the contracting parties. In addition, the representations, warranties and covenants contained in the Amendment may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to investors. Investors are not third-party beneficiaries of the Amendment and should not rely on the representations, warranties and covenants contained therein, or any descriptions thereof, as characterizations of the actual state of facts or conditions of the Company. Moreover, information concerning the subject matter of the representations and warranties may change after the date of the Amendment, which subsequent developments may not be reflected in the Company's public disclosure.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.