US regional casino operator Red Rock Resorts’ Q3 results got a significant boost from its 2016 acquisition of the Palms casino in Las Vegas.

Figures released Tuesday by Red Rock – the corporate umbrella for the Station Casinos business – reported revenue of $400.4m in the three months ending September 30, a 15.3% improvement over the same period last year.

Adjusted earnings improved 8.5% to $118.3m but net income fell by one-third to $22.3m, which the company said was primarily attributable to increased write-downs and other charges.

Red Rock’s mainstay Vegas operations saw revenue rise 16% to $369.5m, boosted by the additional $38m provided by the Palms, which Red Rock acquired in May 2016 from its private equity owners for $312.5m. Same-store operations in Vegas improved 4.2% from the same period last year.