Eldorado Resorts

Eldorado Resorts is a casino entertainment company that owns and operates seven properties in five states including: Eldorado Resort Casino, Circus Circus Hotel & Casino and Silver Legacy Resort Casino in Reno, NV; Eldorado Resort Casino in Shreveport, LA; Scioto Downs Racino in Columbus, OH; Mountaineer Casino Racetrack & Resort in Chester, WV; and Presque Isle Downs & Casino in Erie, PA. Founded in 1973 in Reno, Eldorado has been dedicated to providing exceptional guest service, a dynamic gaming product, award-winning dining, exciting entertainment and premiere accommodations. Our extensive management experience and unwavering commitment to our team members, guests and shareholders have been the primary drivers of our strategic goals and success. We take pride in our reinvestment in our properties and the communities we support along with emphasizing our family-style approach in an effort to build loyalty among our team members and guests. We will continue to focus on the future growth and diversification of our company while maintaining our core values and striving for operational excellence. Eldorado Resorts is about family and people. The patriarch of our family and our founder, Don Carano, has carved a niche in today's corporate casino world by stressing family values and people first. Yes, we're in the casino business, but what makes us special and what sets us apart is the belief that it's not just about having the best games, restaurants or entertainment. It's about personal customer service, making a difference and never forgetting the Carano family values and team approach, even as we continue to grow.
Company Growth (employees)
Type
Public
HQ
Reno, US
Founded
1973
Size (employees)
7,800 (est)
Eldorado Resorts was founded in 1973 and is headquartered in Reno, US

Eldorado Resorts Office Locations

Eldorado Resorts has offices in Reno, Chester and Columbus
Reno, US (HQ)
1150 100 W Liberty St

Eldorado Resorts Data and Metrics

Eldorado Resorts Financial Metrics

Eldorado Resorts's revenue was reported to be $892.9 m in FY, 2016 which is a 24% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

892.9 m

Revenue growth (FY, 2015 - FY, 2016), %

24%

Net income (FY, 2016)

24.8 m

EBIT (FY, 2016)

89.1 m

Market capitalization (26-May-2017)

1.6 b

Closing share price (26-May-2017)

20.5

Cash (31-Dec-2016)

61 m
Eldorado Resorts's current market capitalization is $1.6 b.
Numbers are in $, USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

296.3 m247.2 m361.8 m719.8 m892.9 m

Revenue growth, %

(17%)46%99%24%

General and administrative expense

63.4 m96.9 m130.2 m

Operating expense total

339.5 m648.3 m793.8 m

EBIT

17.6 m72.5 m89.1 m

EBIT margin, %

5%10%10%

Interest expense

16.1 m15.7 m(30.8 m)(61.6 m)(50.9 m)

Interest income

18 k

Income tax expense

(1.8 m)69.6 m(13.2 m)

Net Income

(14.4 m)114.2 m24.8 m
Numbers are in $, USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

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

Accounts Receivable

7.1 m10 m14.7 m

Inventories

7.2 m11.7 m11.1 m

Current Assets

117.5 m116.2 m101.8 m

PP&E

456.1 m625.4 m612.3 m

Goodwill

66.8 m66.8 m66.8 m

Total Assets

1.2 b1.3 b1.3 b

Accounts Payable

12.2 m17 m21.6 m

Current Liabilities

91.8 m105.7 m102 m

Additional Paid-in Capital

165.9 m170.9 m173.9 m

Retained Earnings

(14.4 m)99.8 m124.6 m

Total Equity

151.6 m270.7 m298.5 m

Financial Leverage

7.8 x4.9 x4.3 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

(14.4 m)114.2 m24.8 m

Depreciation and Amortization

28.6 m56.9 m63.4 m

Accounts Receivable

358 k3 m(4.9 m)

Inventories

(12 k)(71 k)687 k

Accounts Payable

1.8 m178 k3.2 m

Cash From Operating Activities

57.8 m(9.3 m)97.6 m

Cash From Investing Activities

(158.8 m)(41.1 m)

Long-term Borrowings

(13.5 m)

Cash From Financing Activities

(14.2 m)92.7 m(73.7 m)

Interest Paid

14.8 m78.4 m47.7 m
Y, 2016

Financial Leverage

4.3 x

Eldorado Resorts Market Value History

Eldorado Resorts News and Updates

Eldorado Resorts Company Life and Culture

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