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Eldorado Resorts Inc (ERI.OQ)

ERI.OQ on NASDAQ Stock Exchange Global Select Market

42.69USD
16 Jan 2019
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403,040
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$29.20

Latest Key Developments (Source: Significant Developments)

William Hill US to Benefit Financially From deal Between The Stars Group, Eldorado Resorts
Monday, 26 Nov 2018 01:49pm EST 

Nov 26 (Reuters) - William Hill Plc ::WILLIAM HILL- WILLIAM HILL US APPROVED AND WILL BENEFIT FINANCIALLY FROM AGREEMENT BETWEEN THE STARS GROUP AND ELDORADO RESORTS.AGREEMENT DOES NOT MODIFY THE STRATEGIC NATIONWIDE PARTNERSHIP BETWEEN WILLIAM HILL US AND ELDORADO ANNOUNCED EARLIER.WILLIAM HILL RECEIVES 50% OF THE EQUITY OR EQUIVALENT IN STARS GROUP PAYABLE FOR ACCESS TO ELDORADO’S ONLINE SPORTS BETTING SKINS.WILLIAM HILL REMAINS ELDORADO’S EXCLUSIVE PARTNER FOR LAND-BASED SPORTS BETTING SERVICES..WILLIAM HILL WILL ALSO RECEIVE THE FIRST $25 MILLION OF REVENUE SHARE PAYABLE BY STARS AND MAJORITY OF REVENUE SHARE THEREAFTER.  Full Article

Eldorado Resorts’ Board Of Directors Authorizes $150 Million Share Repurchase Program
Thursday, 8 Nov 2018 04:06pm EST 

Eldorado Resorts Inc ::ELDORADO RESORTS’ BOARD OF DIRECTORS AUTHORIZES $150 MILLION SHARE REPURCHASE PROGRAM.ELDORADO RESORTS INC - ANTICIPATES FUNDING ANY SHARE REPURCHASES FROM ITS CASH FLOW FROM OPERATIONS.  Full Article

Eldorado Resorts Inc QTRLY Earnings Per Share $0.48
Thursday, 8 Nov 2018 04:05pm EST 

Eldorado Resorts Inc ::ELDORADO RESORTS REPORTS THIRD QUARTER NET REVENUE OF $487.3 MILLION, OPERATING INCOME OF $91.8 MILLION AND ADJUSTED EBITDA OF $134.1 MILLION.Q3 REVENUE $487.3 MILLION VERSUS I/B/E/S VIEW $490.7 MILLION.QTRLY EARNINGS PER SHARE $0.48.Q3 EARNINGS PER SHARE VIEW $0.60 -- THOMSON REUTERS I/B/E/S.  Full Article

Eldorado Resorts Announces Senior Management Transition Effective Jan. 1
Wednesday, 26 Sep 2018 09:00am EDT 

Sept 26 (Reuters) - Eldorado Resorts Inc ::ELDORADO RESORTS ANNOUNCES SENIOR MANAGEMENT TRANSITION EFFECTIVE JANUARY 1, 2019.ELDORADO RESORTS INC - GARY L. CARANO NAMED EXECUTIVE CHAIRMAN OF BOARD.ELDORADO RESORTS INC - THOMAS R. REEG NAMED CHIEF EXECUTIVE OFFICER.ELDORADO RESORTS INC - ANTHONY L. CARANO NAMED PRESIDENT AND CHIEF OPERATING OFFICER.ELDORADO RESORTS INC - COMPANY INITIATES SEARCH FOR NEW CHIEF FINANCIAL OFFICER.ELDORADO RESORTS - EFFECTIVE JAN 1, 2019, REEG WILL ASSUME ROLE OF CEO.  Full Article

Eldorado Resorts Announces Proposed Offering Of $600 Mln Senior Notes
Thursday, 6 Sep 2018 10:30am EDT 

Sept 6 (Reuters) - Eldorado Resorts Inc ::ELDORADO RESORTS, INC. ANNOUNCES PROPOSED OFFERING OF $600 MILLION SENIOR NOTES DUE 2026.UNIT INTENDS TO OFFER $600 MILLION OF SENIOR NOTES DUE 2026.PROCEEDS OF OFFERING WILL BE PLACED IN ESCROW PENDING SATISFACTION OF SOME CONDITIONS, INCLUDING CONSUMMATION OF ERI'S DEAL.  Full Article

William Hill And Eldorado Resorts Enter U.S. Partnership
Wednesday, 5 Sep 2018 02:00am EDT 

Sept 5 (Reuters) - William Hill Plc ::WILLIAM HILL AND ELDORADO RESORTS ENTER US PARTNERSHIP.CO BECOMES ELDORADO'S EXCLUSIVE PARTNER IN PROVISION OF DIGITAL AND LAND-BASED SPORTS BETTING SERVICES AS WELL AS ONLINE GAMING.WILLIAM HILL US RETAINS 80 PCT OF ENHANCED BUSINESS.ELDORADO RECEIVES $50 MLN OF STOCK IN WILLIAM HILL PLC, SUBJECT TO A 3-5 YEAR LOCK UP.ELDORADO RECEIVES A 20 PCT STAKE IN WILLIAM HILL US AND A SHARE OF PROFITS ATTRIBUTABLE TO ITS LICENSES.AGREEMENT IS FOR AN INITIAL 25-YEAR TERM.INVESTMENT IN SPORTSBOOKS IN FIVE EXISTING CASINO PROPERTIES SET TO BEGIN IMMINENTLY WITH CAPITAL EXPENDITURE JOINTLY SPLIT.WILLIAM HILL PLC WILL ISSUE 13.4 MILLION NEW ORDINARY SHARES OF 10P EACH TO ELDORADO.  Full Article

Eldorado To Take A 20 Percent Stake In William Hill's U.S. Business - Sky News
Tuesday, 4 Sep 2018 04:31pm EDT 

Sept 4 (Reuters) - :ELDORADO TO TAKE A 20 PERCENT STAKE IN WILLIAM HILL'S U.S. BUSINESS - SKY NEWS .  Full Article

William Hill's U.S. Business To Take A 20 Percent Stake In Eldorado - Sky News
Tuesday, 4 Sep 2018 04:14pm EDT 

Sept 4 (Reuters) - :WILLIAM HILL'S U.S. BUSINESS TO TAKE A 20 PERCENT STAKE IN ELDORADO - SKY NEWS.  Full Article

Churchill Downs, Eldorado Resorts Announce Mutual Termination Of Lady Luck Casino Vicksburg Acquisition
Monday, 9 Jul 2018 09:00am EDT 

July 9 (Reuters) - Churchill Downs Inc ::CHURCHILL DOWNS INCORPORATED AND ELDORADO RESORTS ANNOUNCE MUTUAL TERMINATION OF LADY LUCK CASINO VICKSBURG ACQUISITION AND AMENDMENT TO PRESQUE ISLE DOWNS & CASINO ACQUISITION.CHURCHILL DOWNS INC - HAS AGREED TO PAY TO ELDORADO RESORTS A TERMINATION FEE OF $5.0 MILLION.  Full Article

Cordish Companies, Eldorado Resorts Announce New JV To Develop Hospitality Destination
Friday, 27 Apr 2018 10:45am EDT 

April 27 (Reuters) - Eldorado Resorts Inc ::THE CORDISH COMPANIES AND ELDORADO RESORTS, INC. (NASDAQ: ERI) ANNOUNCE NEW JOINT VENTURE TO DEVELOP WORLD-CLASS, MIXED-USE HOSPITALITY DESTINATION IN POMPANO, FL.ELDORADO RESORTS - CORDISH COMPANIES, CO FORM 50-50 JV THAT WILL DESIGN & DEVELOP A MIXED-USE ENTERTAINMENT & HOSPITALITY DESTINATION IN POMPANO, FL.  Full Article

UPDATE 2-William Hill ups U.S stakes with Eldorado sports betting deal

* CEO sees positive impact on results from deal (Adds shares, context on betting industry, CEO, analysts comments)