Eldorado Resorts, a gaming and hospitality company, owns and operates gaming facilities in ten states. The Company is dedicated to providing exceptional guest service, a dynamic gaming product, award-winning dining, exciting entertainment and premiere accommodations.

TypePublic
HQReno, US
Founded1973
Size (employees)7,400 (est)
Websiteeldoradoresorts.com
Eldorado Resorts was founded in 1973 and is headquartered in Reno, US
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Key People/Management at Eldorado Resorts

Gary L. Carano

Gary L. Carano

Chairman and Chief Executive Officer
Thomas Robert Reeg

Thomas Robert Reeg

President
Anthony L. Carano

Anthony L. Carano

Chief Operating Officer and Executive Vice President
Stephanie D. Lepori

Stephanie D. Lepori

Chief Accounting Officer
Edmund L. Quatmann

Edmund L. Quatmann

Chief Legal Officer and Executive Vice President
Gene R. Carano

Gene R. Carano

Senior Vice President of Regional Operations, Nevada and Colorado
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Eldorado Resorts Office Locations

Eldorado Resorts has an office in Reno
Reno, US (HQ)
1150 100 W Liberty St
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Eldorado Resorts Financials and Metrics

Eldorado Resorts Revenue

Eldorado Resorts's revenue was reported to be $1.47 b in FY, 2017
USD

Revenue (Q2, 2018)

897.0m

Gross profit (Q2, 2018)

565.8m

Gross profit margin (Q2, 2018), %

63.1%

Net income (Q2, 2018)

57.7m

EBIT (Q2, 2018)

131.6m

Market capitalization (15-Oct-2018)

3.5b

Closing stock price (15-Oct-2018)

45.7

Cash (30-Jun-2018)

202.0m

EV

3.3b
Eldorado Resorts's current market capitalization is $3.5 b.
Annual
usdFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

296.3m247.2m361.8m719.8m892.9m1.5b

Revenue growth, %

(17%)46%99%24%

General and administrative expense

63.4m96.9m130.2m241.1m

Operating expense total

63.4m96.9m130.2m1.3b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Revenue

78.9m167.5m182.6m183.5m213.6m231.3m241.6m200.9m355.2m440.2m897.0m

Cost of goods sold

331.2m

Gross profit

565.8m

Gross profit Margin, %

63%
Annual
usdY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

30.2m25.3m29.8m87.6m78.3m61.0m134.6m

Accounts Receivable

7.1m10.0m14.7m45.8m

Inventories

7.2m11.7m11.1m16.9m

Current Assets

117.5m116.2m101.8m251.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

91.1m71.9m88.6m48.8m44.1m37.1m44.6m44.6m103.6m183.1m202.0m

Accounts Receivable

9.0m5.6m8.5m9.1m9.5m14.5m17.1m8.8m21.9m33.7m34.8m

Inventories

7.4m7.1m7.0m7.2m11.3m11.7m11.5m11.3m17.1m15.2m14.8m

Current Assets

119.4m102.0m122.6m132.3m86.0m80.9m91.9m80.7m362.6m475.3m505.4m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(14.4m)114.2m24.8m73.9m

Depreciation and Amortization

28.6m56.9m63.4m105.9m

Inventories

(12.0k)(71.0k)687.0k105.0k

Accounts Payable

1.8m178.0k3.2m11.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

(3.5m)(6.2m)(1.4m)4.0m3.4m14.2m23.8m1.0m(45.3m)20.9m

Depreciation and Amortization

13.8m14.5m28.5m42.5m16.2m31.8m47.6m15.6m40.5m31.5m

Inventories

(135.0k)85.0k284.0k69.0k423.0k46.0k265.0k(251.0k)(630.0k)(154.0k)

Accounts Payable

1.0m(2.7m)(1.4m)642.0k3.6m2.4m3.7m(5.6m)8.3m7.5m
USDY, 2018

EV/EBIT

25.3 x

EV/CFO

42.7 x

Financial Leverage

3.6 x
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Eldorado Resorts Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Tropicana EntertainmentApril 13, 2018$1.85 b
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Eldorado Resorts Online and Social Media Presence

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Eldorado Resorts News and Updates

Eldorado Resorts Receives Temporary Regulatory Nod to Operate Tropicana Casino

Gaming and hospitality company Eldorado Resorts has been given a temporary approval to own and operate Tropicana Casino in Atlantic City. The move comes as part of a $1.85-billion acquisition deal that will see Eldorado assume control over the gambling venue’s parent company Tropicana Entertainment.…

William Hill to ‘capture evolving US opportunity’ with Eldorado Resorts partnership

Bookmaker William Hill PLC has entered into a new partnership with a casino group in the US. As part of the deal with Eldorado Resorts, Inc, William Hill US will become the firm’s exclusive partner for the provision of digital and land-based sports betting services and online gaming. Eldorado Resort…

William Hill and Eldorado Resorts enter US partnership

LONDON, Sept. 5, 2018 /PRNewswire/ -- William Hill PLC (LSE: WMH) today announces that William Hill US ("William Hill") and Eldorado Resorts, Inc. (NASDAQ: ERI) have entered into a nationwide partnership for digital and land-based sports betting and online gaming in the United States. The ...

Adient and Eldorado Resorts Set to Join S&P MidCap 400

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 the S&P MidCap 400 effective prior to the open of trading on Monday, August 20....

BRIEF-Churchill Downs, Eldorado Resorts Received Request For Additional Information From FTC

* CHURCHILL DOWNS - CO, ELDORADO RESORTS RECEIVED REQUEST FOR ADDITIONAL INFORMATION FROM FTC RELATED WITH REVIEW OF LADY LUCK VICKSBURG TRANSACTION

Eldorado Resorts Announces Duo of Casino Acquisition Deals, Buys Tropicana from Carl Icahn

Nevada-based gaming company Eldorado Resorts announced today a duo of acquisition deals that would expand its footprint across several new markets and would enlarge its portfolio of hotel and casino properties. The operator said that it has entered into an agreement to buy Grand Victoria Casino in E…
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Eldorado Resorts Blogs

Tropicana Laughlin

Tropicana Laughlin nfinney Thu, 09/27/2018 - 16:45 Tropicana Laughlin Tropicana Laughlin Tropicana Laughlin opened in 1988 and is centrally located in Laughlin, Nevada. The 27-acre resort features ample parking for boaters visiting the Colorado River during the summer and RV’ers looking to enjoy…

Tropicana Evansville

Tropicana Evansville nfinney Thu, 09/27/2018 - 16:36 Tropicana Evansville Tropicana Evansville Tropicana Evansville is a multi-million dollar entertainment complex located in downtown Evansville on the scenic Ohio River in southwestern Indiana. Tropicana Evansville opened in 1995 as Indiana’s fi…

Trop Casino Greenville

Trop Casino Greenville nfinney Thu, 09/27/2018 - 16:29 Trop Casino Greenville Trop Casino Greenville TROP Casino Greenville opened in 2012. Located in Downtown Greenville, Mississippi, the property hosts 605 of the newest slots and 12 table games, including craps and Blackjack. The newly-renovat…

The Belle of Baton Rouge

The Belle of Baton Rouge nfinney Thu, 09/27/2018 - 16:24 The Belle of Baton Rouge The Belle of Baton Rouge The Belle of Baton Rouge’s casino entertainment complex opened in 1994 and features more than 775 slot machines and 18 table games, including a poker room. The 10-story hotel houses 288 gue…

Montbleu

Montbleu nfinney Thu, 09/27/2018 - 16:21 Montbleu Montbleu Located in beautiful Lake Tahoe, MontBleu blends traditional gaming with a vibrant social scene to create a complete casino-resort experience. The 438-room MontBleu features distinctive restaurants, fresh nightlife venues, a 45,000 squar…

Lumière Place

Lumière Place nfinney Thu, 09/27/2018 - 14:02 Lumière Place Lumière Place Lumière Place opened in 2007 and is a multi-faceted entertainment complex in St. Louis’ central business district that was acquired by Tropicana Entertainment in April 2014. Highlights include a casino featuring 1,600+ slo…
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Eldorado Resorts Company Life and Culture

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