ELDORADO RESORTS COMPLETES ACCRETIVE CASH AND STOCK ACQUISITION OF ISLE OF CAPRI CASINOS
RENO, Nev. & ST. LOUIS--(BUSINESS WIRE)-- Eldorado Resorts, Inc. (NASDAQ: ERI) announced today that it completed its acquisition of Isle of Capri Casinos, Inc. (NASDAQ: ISLE) in a cash and stock transaction. The combination creates a premiere, diversified regional gaming platform with the addition of 12 casino_resorts to ERI's portfolio. The expanded property portfolio includes 19 properties in ten states featuring approximately 20,000 slot machines and VLTs, more than 550 table games and over 6,500 hotel rooms.
Gary Carano, Chairman and CEO of ERI, commented, ñOur acquisition of Isle of Capri marks a significant milestone in EldoradoÍs history of growth through strategic, accretive acquisitions. The combination significantly expands the scale of our gaming operations, further diversifies our geographic reach into new markets and minimizes market-specific risk.
ñWe are delighted to welcome the Isle shareholders and team members to the Eldorado family. We believe that Eldorado is positioned for continued growth with a portfolio of premiere regional gaming assets, a solid balance sheet and an attractive weighted average cost of capital. Our experience in integrating the MTR assets and Silver Legacy and Circus Circus operations will serve us well as we add the Isle of Capri assets to our operating base. We intend to implement our strategy of focusing on margin enhancement and customer service and experiences across the portfolio by marrying best practices from both companies. Led by our gaming, hotel management and food and beverage teams with a long-term record of operating execution and M&A integration, we believe that Eldorado Resorts is positioned for near- and long-term success and the creation of value for our shareholders.î
For more information, please visit www.eldoradoresorts.com.
- Company Name:Isle Of Capri Casino
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- App Url: https://itunes.apple.com/app/1db2fa04/id1082492739
- App Support: http://www.eldoradoreno.com/
- Genre: Travel
- Bundle ID: com.eldoradoresorts.eldorado
- App Size: 224 M
- Version: 7.12.2
- Release Date: February 23rd, 2016
- Update Date: April 27th, 2019
Description:
The official app for Eldorado Reno, Silver Legacy, Circus Circus Reno, Eldorado Shreveport, Scioto Downs, Mountaineer Resort and Presque Isle Downs.
Play casino game for free, find special events and discover exclusive special offers at all seven locations!
Features Include:
YOUR FAVORITE CASINOS AND RESORTS
Find information, reservations and offers from Eldorado Reno, Silver Legacy, Circus Circus Reno, Eldorado Shreveport, Scioto Downs, Mountaineer Resort and Presque Isle Downs.
CASINO
Enjoy the excitement of the Eldorado Resort Casino, where personal service and cutting edge gaming technology go hand in hand. Get detailed info on our table games, login to the Player's Club, or sign up for high-stakes poker and slot tournaments.
GEO-TARGETED CONTENT
Enjoy location-specific content that changes depending on where you are. Unlock special offers once you’re within a few miles of an Eldorado Resorts property.
ACTIVITIES & ROOMS
Check out the event calendars to see what’s happening at a location near you. Grab tickets to shows, concerts and festivals or book a suite at a special price -- right from the app.
RESTAURANTS, CLUBS AND LOUNGES
Find award-winning culinary delights at all seven properties. Make dining reservations, review restaurant menus and discover the perfect cuisine for your evening out!
MEETINGS
For group meetings and events, attendees can see private, passkey-protected content exclusively for them. Access up-to-the-minute event schedules, programs and materials, speaker bios, break-out room agendas, convention maps and more.
FULL SERVICE DIRECTORY
Need to contact housekeeping? The front desk? Lost and found? The app connects you instantly.
TWITTER, FACEBOOK AND OTHER SHARING INTEGRATIONS
Check out the Eldorado’s live Twitter feed or Facebook wall right from the app.
…AND MUCH MORE!
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