Eldorado Resorts, Inc. (ERI)
|Net Income (ttm)||-132.94M|
|Trading Day||Jul 20, 2020|
|Day's Range||35.58 - 38.69|
|52-Week Range||6.02 - 70.74|
A Relative Strength Rating upgrade for Eldorado Resorts shows improving technical performance. The post Eldorado Resorts Meets 80-Plus Relative Strength Rating Benchmark appeared first on Inv...
Eldorado Resorts (CZR) delivered earnings and revenue surprises of 34.21% and -37.75%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Just like a trip to the casino, these five gambling stocks are both risky and exciting. Buy shares now for the post-pandemic jackpot.
Nearly a year in the making, the deal is finally complete.
RENO, Nev. and LAS VEGAS, July 20, 2020 /PRNewswire/ -- Caesars Entertainment, Inc. ("Caesars," "Caesars Entertainment", or the "Company", formerly known as Eldorado Resorts, Inc.
Eldorado Resorts Secures Approval From New Jersey Casino Control Commission in Connection With Its Pending Acquisition of Caesars Entertainment
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”) announced that at a meeting today, the Company received approval from the New Jersey Casino Cont...
ElDorado Resorts CEO on merger approval with Caesars
ElDorado Resorts CEO Thomas Reeg talks with CNBC's Contessa Brewer about its merger with Caesars that was just approved by New Jersey regulators.
Eldorado Resorts (NASDAQ: ERI) shares are trading lower on Frida after reports emerged New Jersey regulators are mulling Eldorado buyout of Caesars Entertainment Corporation (NASDAQ: CZR).
Eldorado Resorts and Caesars Entertainment Announce Preliminary Results of Elections Made by Caesars Stockholders in Connection With the Proposed Merger
RENO & LAS VEGAS, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc.
The industry's hottest stock may not stay hot forever.
There are no guarantees when it comes to casino-sector investing. However, a proposed buyout could mean that ERI stock's worth betting on.
Eldorado Resorts Secures Approval From Indiana Horse Racing Commission in Connection With Its Pending Acquisition of Caesars Entertainment
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”) announced that at a meeting today, the Company received approval from the Indiana Horse Racing C...
Eldorado Resorts (ERI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Nevada rolls back some reopening plans
Bars in Nevada's largest counties will close this weekend.
Originally announced more than a year ago, the big casino deal inches close to the finish line.
The casino operator's shares rose for a second month in a row as states started to reopen for business.
Eldorado Resorts Completes Divestiture of Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg to Twin River for $230 Million in Cash
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “ERI,” or “the Company”) announced today that it completed its previously announced transaction to divest Isle of...
Eldorado Resorts Announces Reopening Dates for Grand Victoria Casino Elgin and Tropicana Atlantic City
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “ERI,” or “the Company”) today announced the planned resumption of operations at Grand Victoria Casino Elgin in I...
Travel and tourism stocks did well in a rising market on Monday.
The U.S. Federal Trade Commission is rolling the dice on the proposed $17.3 billion Eldorado Resorts and Caesars Entertainment deal. The U.S. Federal Trade Commission is rolling the dice on th...
Caesars-Eldorado Deal: Galloping Into The Home Stretch, We See A Winner In The Making Post-COVID-19
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a...
Here's how this Atlantic City casino is planning to reopen
Resorts Casino Hotel CEO and president Mark Giannantonio joins "Squawk on the Street" to discuss reopening the Atlantic City casino in July 2020.
The Federal Trade Commission says the deal could be anticompetitive in a few markets.
Eldorado Resorts stock will jump when the Caesars merger closes since the cash portion rises each day until the deal is done.
Increased optimism for a buyout approval of Caesars Entertainment has moved Eldorado Resorts stock higher. But investors should also consider the health of the Las Vegas gambling market before...
A full recovery on the Las Vegas Strip is far from assured, and what happens next matters.
Eldorado's business is likely to be weak for a long time due to the coronavirus. As a result, investors should avoid Eldorado Resorts Stock.
Eldorado Resorts Announces Pricing of the Offerings of $3,400 Million of 6.250% ERI Senior Secured Notes, $1,800 Million of 8.125% ERI Senior Notes and $1,000 Million of 5.750% CRC Senior Secured Notes
RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (Nasdaq: ERI) (“Eldorado” or the “Company”) today announced that its wholly-owned subsidiary Colt Merger Sub, Inc. (the “Escrow Issuer”), ha...
Investors need to pay close attention to Eldorado (ERI) stock based on the movements in the options market lately.
Indiana regulators won’t be able to rule on the merger until then.
The reopening of casinos on the Las Vegas Strip has been mixed at best, with string initial demand driving reopenings but room rates significantly down from a year ago.
Eldorado Resorts (ERI) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
Eldorado Resorts Inc. ERI, +2.84% said Wednesday it's planning to issue $3.08 billion of senior secured notes that mature in 2025
Eldorado and Caesars have released documents estimating the financial performance of their regional casino properties since reopening. Because of aggressive cost-management, they have been abl...
Will another $1 trillion cash infusion get the economy going again?
It's not every day that a big bank literally doubles its price target. Amazingly, this just happened with Eldorado Resorts stock.
The company also took out a $400 million mortgage against an important property.
Caesars regional revenue flat to up 2% since reopening
CNBC's Contessa Brewer reports numbers on regional casinos.
The market changed its mind about Thursday's sell-off.
A majority of Eldorado locations will soon be back in business.
They look a little riskier today.
Fear of a coronavirus second wave rocked the market.
Dick’s Sporting Goods Inc (NYSE: DKS) was quick to bounce back from the market’s early COVID-19 plunge, and Sportsman’s Warehouse Holdings Inc (NASDAQ: SPWH) proved wholly resilient to the loc...
Investors like the news that Las Vegas is reopen for business, but Eldorado isn't exactly playing it the way you might think.
Within casinos, player numbers may be limited.
Eldorado Resorts Inc. ERI, +9.55% said Thursday it will resume operations at five Nevada casinos on Thursday.
Shares of the casino operator were rocking and rolling in May. Here's why investors were so excited.
Casinos are reopening, and that has investors excited today.
Eldorado Resorts operates as a gaming and hospitality company in the United States. It owns and operates Eldorado Resort Casino Reno, a hotel, casino, and entertainment facility; Silver Legacy Resort Casino, a casino, race, sportsbook, restaurant, an outdoor swimming pool, sundeck, and retail shop; Circus Circus Reno, a circus-themed hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a hotel and tri-level riverboat casino; and Eldorado Gaming Scioto Downs, a modern racino. The company also operates Isle Casino HotelBla... [Read more...]
Resorts & Casinos
Thomas R. Reeg
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In 2019, ERI's revenue was $2.53 billion, an increase of 22.97% compared to the previous year's $2.06 billion. Earnings were $81.00 million, a decrease of -14.95%.