47.85 0.00 (0.00%)
After hours: 4:37PM EDT
|Bid||45.20 x 800|
|Ask||49.90 x 1000|
|Day's Range||47.55 - 48.50|
|52 Week Range||23.95 - 50.00|
|PE Ratio (TTM)||21.16|
|Earnings Date||Aug 3, 2017 - Aug 7, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.56|
Eldorado Resorts, Inc. announced today that President and Chief Financial Officer, Tom Reeg, will be participating in a fireside chat at the Deutsche Bank 26th Annual Leveraged Finance Conference on Tuesday, October 2, 2018 at 10:40 a.m.
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ATLANTIC CITY, N.J. (AP) — Eldorado Resorts was given temporary approval to own Atlantic City's Tropicana casino, expressing optimism about a growing market rather than nervousness over increasing competition.
Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or the “Company”) announced today that Delta Merger Sub, Inc. (the “Escrow Issuer”), a wholly owned subsidiary of ERI, priced its previously announced offering of $600 million in aggregate principal amount of senior notes due 2026 (the “Notes”) at an interest rate of 6.000% per annum and an issue price equal to 100% of the principal amount of the Notes. The proceeds of the offering initially will be placed in escrow pending satisfaction of certain conditions, including consummation of ERI’s pending acquisition (the “Tropicana Acquisition”) of Tropicana Entertainment Inc. (“Tropicana”). Upon satisfaction of the escrow conditions, ERI intends to apply the net proceeds of the sale of the Notes, together with borrowings under its revolving credit facility, its cash on hand and Tropicana’s cash on hand, to (i) pay the cash portion of the consideration payable in the Tropicana Acquisition, (ii) repay all of the debt outstanding under Tropicana’s existing credit facility and (iii) pay fees and costs associated with the Tropicana Acquisition.
Moody's Investors Service today affirmed Eldorado Resorts, Inc.'s (Eldorado) B1 Corporate Family Rating and SGL-1 Speculative Grade Liquidity rating. At the same time, a B2 was assigned to Eldorado's proposed $600 million senior unsecured notes. Eldorado's existing $1.25 billion senior unsecured notes were upgraded to B2 from B3.
Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or the “Company”) announced today that Delta Merger Sub, Inc., a wholly owned subsidiary of ERI (“Escrow Issuer”), intends to offer $600 million in aggregate principal amount of senior notes due 2026 (the “Notes”). The proceeds of the offering initially will be placed in escrow pending satisfaction of certain conditions, including consummation of ERI’s pending acquisition (the “Tropicana Acquisition”) of Tropicana Entertainment Inc. (“Tropicana”). Upon satisfaction of such conditions, ERI will assume Escrow Issuer’s obligations under the Notes and the indenture that will govern the Notes, and certain of ERI’s subsidiaries (including Tropicana and certain of its subsidiaries) will guarantee ERI’s obligations under the Notes.
LONDON, Sept. 5, 2018 /PRNewswire/ -- William Hill PLC (WMH.L) today announces that William Hill US ("William Hill") and Eldorado Resorts, Inc. (ERI) have entered into a nationwide partnership for digital and land-based sports betting and online gaming in the United States.
Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) and William Hill PLC (WMH.L) announced today that the companies have entered into a definitive agreement pursuant to which William Hill US will become Eldorado’s exclusive sports betting operator for a period of 25 years at its properties in jurisdictions where sports betting is legal. Eldorado will also work with William Hill US to leverage its licenses to operate mobile and online sports wagering operations in the United States.
The Zacks Analyst Blog Highlights: MGM Resorts International, Eldorado Resorts, Golden Entertainment, Las Vegas Sands and Penn National Gaming
NEW YORK , Aug. 14, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Eldorado Resorts Inc. (NASD: ERI) will replace VeriFone Systems Inc. (NYSE: PAY) in ...
Churchill Downs Incorporated (“CDI”) (CHDN) announced today that it has signed an asset purchase agreement (the “Asset Purchase Agreement”) pursuant to which CDI will assume management of Lady Luck Casino Nemacolin in Farmington, Pennsylvania (“Lady Luck Nemacolin”) and acquire certain assets related to the management of Lady Luck Nemacolin from Eldorado Resorts, Inc. (“ERI”) (ERI) for cash consideration of $100,000. Lady Luck Nemacolin opened in 2013, is located one mile from Nemacolin Woodlands Resort in Farmington, Pennsylvania, and operates approximately 600 slot machines and 27 table games.
Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) announced today that it has entered into a definitive agreement with Churchill Downs Incorporated (CHDN) (“Churchill Downs”) pursuant to which the Company will transfer the operations of Lady Luck Casino Nemacolin in Farmington, Pennsylvania to Churchill Downs for $100,000 in cash consideration. Execution of the agreement to acquire the operations of Lady Luck Casino Nemacolin was a condition to the closing of the parties’ previously announced agreement to sell Eldorado’s Presque Isle Downs & Casino to Churchill Downs.
NEW YORK, Aug. 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Aaron's, ...
Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) announced today that it completed the previously announced purchase of the Grand Victoria Casino (“Grand Victoria”) in Elgin, Illinois for total consideration of $327.5 million in cash, subject to a customary working capital adjustment. The transaction was financed with cash on hand and borrowings under the Company’s revolving credit facility. The purchase price represents a multiple of approximately 9.0x trailing twelve months Adjusted EBITDA (for the period ended June 30, 2018) which Eldorado expects to reduce to approximately 6.0x or less within 18 months based on expected operating synergies and cost savings.
Eldorado Resorts (ERI) delivered earnings and revenue surprises of -9.62% and -0.27%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Reno, Nevada-based company said it had profit of 47 cents. The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment ...
Eldorado Resorts, Inc. today reported operating results for the second quarter ended June 30, 2018. Separately, Eldorado also announced that at a meeting earlier today, the Illinois Gaming Board approved the Company’s pending acquisition of the Grand Victoria Casino in Elgin, IL.
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Eldorado Resorts Inc (NASDAQ: ERI ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 4:30 PM Eastern Time. ...
Shares in Caesars Entertainment (NASDAQ:CZR) crashed as the company gave a downbeat view of hotel bookings in Las Vegas, driving the CZR stock down 15% in one day. The weakness quickly spread to other gambling stocks, as Wynn Resorts (NASDAQ:WYNN) missed on earnings, and other gambling stocks fell in sympathy. CZR stock halted three times during the day as investors rushed for the exits, the stock trading as low as $8.65-per-share. This came despite a profit of $29 million, 4-cents-per-share, on revenue of $2.12 billion. The numbers were considered a beat on both revenue and earnings.
The Consumer Discretionary sector expects to perform impressively in Q2, especially on a steady rise in wages, lower unemployment and upbeat consumer sentiment.
-Completes Refinancing of all 2018 Debt Maturities with Attractive Long-Term Interest Rates-- Declares 2018 Third Quarter Dividend of $0.63 per Common Share-- Establishes 2018 Third Quarter and Revises ...
Eldorado Resorts, Inc. announced today that it will report its 2018 second quarter financial results after the market closes on Thursday, August 2, 2018.
Churchill Downs has terminated its agreement to buy Lady Luck Casino in Vicksburg, Miss., and amended its previously announced deal to buy Presque Isle Downs & Casino in Erie, Pa., from Eldorado Resorts....