Posts filtered by tags: Eldorado Resorts Inc[x]


Eldorado Resorts Announces FTC Clearance for Pending Merger With Caesars

Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado," "Eldorado Resorts" or the "Company") announced today that the Federal Trade Commission (the "FTC") has accepted a proposed consent order, which concludes the FTC's Hart-Scott-Rodino review of Eldorado's pending merger (the "Merger") with Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars"). The FTC's acceptance of the consent order satisfies all required antitrust clearances for the Merger.
Tags: Travel, Federal Trade Commission, Ftc, Company, Eldorado, Eldorado Resorts Inc, Caesars Entertainment Corporation NASDAQ, Hart Scott Rodino, Eldorado Resorts Announces FTC, ERI Eldorado Eldorado Resorts

Exclusive: Eldorado Resorts, Caesars explore merger - sources

U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday.
Tags: Money, businessNews, Caesars Entertainment Corp, Eldorado Resorts Inc, Eldorado Resorts Caesars

Why Eldorado Resorts Inc.'s Shares Popped 11% Today

Shares of gambling company Eldorado Resorts Inc. (NASDAQ: ERI) jumped as much as 11% in trading on Wednesday, after the company reported second-quarter earnings. Shares were down 10% at the close of trading. Total pro forma revenue, , fell 2.5% to $426.8 million, and net loss was $0.69 per share. But adjusted EBITDA on the same basis rose 7.8% to $100.0 million. If you pull out acquisition charges of $85.5 million, the company would have made a solid profit, which bodes well for the future. I...
Tags: Finance, Consumer Goods, Eldorado Resorts Inc, ERI, 10% Promise, Travis Hoium, 72e36868-7d40-11e7-b6c0-0050569d4be0, Eldorado Resorts Inc NASDAQ

Isle of Capri casino changes ownership

One of Kansas City’s casinos should have a new owner on Monday. St. Louis-based Isle of Capri Casinos Inc., which operates the Isle of Capri Casino Kansas City, expects its $1.7 billion sale to Eldorado Resorts Inc. to close on Monday, the St. Louis Business Journal reports. Isle of Capri and Eldorado said in a Thursday regulatory filing that they’ve received all approvals needed from state gaming authorities to complete the deal. Isle of Capri’s Kansas City casino lags far behind other the… ...
Tags: Kansas City, St Louis, Eldorado, Eldorado Resorts Inc, St Louis Business Journal, Isle Of Capri Casinos Inc, Isle of Capri, Isle of Capri Casino Kansas City

Owner of 2 Colorado casinos to be sold for $1.7 billion

Nevada-based Eldorado Resorts Inc. expects to close Monday on its $1.7 billion purchase of Isle of Capri Inc., operator of two casinos in Black Hawk. The companies have received all consents and approvals from state gaming commissions needed to complete the merger, company officials said in a regulatory filing Thursday. St. Louis-based Isle of Capri (Nasdaq: ISLE) operates the Isle Casino Hotel and the Lady Luck Casino, both in Black Hawk. The company's sale to Reno-based Eldorado (Nasdaq: ER...
Tags: Colorado, Nevada, St Louis, Reno, Eldorado Resorts Inc, ERI, Isle, Isle of Capri Inc, Isle of Capri Nasdaq, Isle Casino Hotel, Eldorado Nasdaq

Isle of Capri Casinos', Eldorado Resorts' shareholders approve sale

Shareholders of Eldorado Resorts Inc. (Nasdaq: ERI) and Isle of Capri Casinos (Nasdaq: ISLE) have voted to approve Eldorado's acquisition of Creve Coeur-based Isle of Capri. Isle agreed in September to be acquired by Reno, Nevada-based Eldorado in a deal worth about $1.7 billion, including long-term debt, with Isle stockholders given the choice to receive $23 in cash for each share or 1.638 shares of Eldorado stock. Shareholders approved the deal at separate special meetings Wednesday. ...
Tags: Reno Nevada, Eldorado, Eldorado Resorts Inc, ERI, Creve Coeur, Isle

Nor1 Expands Partnership with Eldorado Resorts, Inc. to Further Deploy the Nor1 Merchandising Platform at Circus Circus Resort Casino Reno and Eldorado Resort Casino Reno

May 18, 2016 – Santa Clara, CA – Fueled by the success of Nor1's eStandby Upgrade® product, Eldorado Resorts, Inc. has signed to bring Nor1's Merchandising Platform to their other holdings, Eldorado Resort Casino and Circus Circus Resort Casino.
Tags: Reno, Santa Clara CA, Eldorado Resorts Inc

Eldorado Resorts releases fourth quarter combined net revenues

Eldorado Resorts, Inc. today reported operating results for the three and 12 months ended December 31, 2015. Net revenues and Adjusted EBITDA for all periods summarized below include the operations of Silver Legacy and Circus Circus Reno, which were acquired by ERI on November 24, 2015, as if the acquisition occurred on January 1, 2014, and the operations of MTR Gaming Group, Inc., which merged with the Company on September 19, 2014, as if the merger occurred on January 1, 2014.
Tags: Eldorado Resorts Inc, ERI, Eldorado Resorts, MTR Gaming Group Inc

Eldorado Resorts Inc (ERI) Sees Large Increase in Short Interest

Eldorado Resorts Inc was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 843,381 shares, an increase of 43.0% from the December 31st total of 589,884 shares, MarketBeat reports.
Tags: Eldorado Resorts Inc