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  1. #26  
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    Trading like some research is coming

    Clean-Up at Green Shingle Site as Numerous Potential Buyers Interested

    ERIE, Pennsylvania


    August 1. 2015


    After 14 years of sitting idle.. The former Green Shingle Truck Stop property is finally seeing some action.

    Clean-up is underway at the site, located on Interstate 90 and Sterrettania Road. Crews, this week, are removing
    the gasoline pumps and underground storage tanks.

    The property is owned by Presque Isle Downs and Casino.

    The company now wants to sell the land and is paying for the clean-up.
    McKean Township supervisors are excited about the prospects of a new business locating at the site."I think any commercial enterprise that would bring people to that area would be an asset," said Supervisor Janice Dennis.Realtor Greg Rubino says as many as 4 parties have already shown interest in purchasing all, or part, of the property.In addition to this, large 213-acre site in McKean Township, Pennsylvania.Eldorado also owns a 25-acre site in downtown Erie, Pennsylvania ... As well as an additional 14-acre site in Summit Township that formerly housed an off track wagering facility.
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  2. #27  
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    Aug 17, 2015
    By: Clark Schultz — Seeking Alpha – News Editor
    Shares of Eldorado Resorts (ERI +12.00%) run to a new 52-week high of $9.79 as sentiment
    stays favorable on the casino / entertainment stock.The casino sector has been led this year by operators “without” properties in Macau or New Jersey.
    Eldorado fits the bill with a beefed-up presence in: Reno, Nevada
    Where a new Tesla battery factory is helping to boost the local economy.

    REFERENCE LINK:
    http://goo.gl/bDqznO


    August 17th, 2015


    Eldorado Resorts – President.. BUYS .. $66,600.00 in (ERI) Stock

    Eldorado Resorts
    (NASDAQ:ERI)
    President: Thomas Reeg
    Purchased: 7,400 shares of ELDORADO stock in a transaction dated Friday, August 14th.
    The shares were purchased at an average price of $9.00 per share – for – A total value of: $66,600.00.

    REFERENCE LINK:
    http://goo.gl/ZvBVnq
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  3. #28  
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    Nice stuff here.
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  4. #29  
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    Fought off a horrible tape this week and pullbacked from the highs over 10 . I know some people that sold some stock because of market conditions and will look to rebuy if things settle down . Good news was the 3 day sell off was on declining volume, and the stock put in a nice reversal briefly making a higher high on Friday . Hopefully that's a sign we will get some buy recommendations next week .
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  5. #30  
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    1. Name and Address of Reporting Person*

    (Last) (First) (Middle)
    100 WEST LIBERTY STREET 11TH FLOOR

    (Street)
    RENO NV 89501

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    Eldorado Resorts, Inc. [ ERI ]
    5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    X Director 10% Owner
    X Officer (give title below) Other (specify below)
    Chief Executive Officer



    08/25/2015
    P 10,850 A $9.15

    http://www.sec.gov/Archives/edgar/da...F345X01/a4.xml
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  6. #31  
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    TECH WORK

    Eldorado Resorts, Inc. (ERI) has been a pretty good stock this year. It had a nice base breakaway, formed several wedges, pulled back, formed a channel, got a little sloppy, but popped and pulled back again, and then snapped back the last couple days. On Wednesday, it was up just 18 cents to 9.27, or 2%, and closed at 9.59, but, if it gets through 10.04, look for it to run to mid-channel at 11-11 1/2, and then near the top of the channel at 14 https://www.thetechtrader.com/chartsoftheday/
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  7. #32  
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    Event: Imperial Capital Global Opportunities Conference
    Date: 9/17/2015
    Event Details
    Conference: Imperial Capital Global Opportunities Conference
    Website: http://www.imperialcapital-goc.com/
    Host Company: Imperial Capital LLC
    Conference Type: Investor
    Location: The Waldorf Astoria
    New York, NY
    Contact: Silvia Williamson
    (310) 246-3658
    swilliamson@imperialcapital.com
    Conference Presenters: Cliffs Natural Resources Inc.
    Diamond Resorts Intl Inc.
    Eldorado Resorts Inc.
    Gaming and Leisure Properties
    Hawaiian Telcom Holdco Inc.
    HC2 Holdings Inc.
    Mirabela Nickel Ltd.
    Monarch Casino & Resort Inc.
    Prospect Capital Corp.
    Southwestern Energy Co.
    Westmoreland Coal Co.
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  8. #33  
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    Management speaking at a BAC conference tomorrow. Should be well received
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  9. #34  
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    Institutional buyer in the stock today Meeting with these guys, http://www.imperialcapital.com/downl...stCoverage.pdf

    hopefully they will raise their target to 13-15

    believe they were at 10
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  10. #35  
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    Full schedule


    CONFERENCES in SEPTEMBEREldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”) announced today that the Company’s President,

    Tom Reeg, will be participating in three (3) upcoming institutional investor conferences:

    #1) The Bank of America - 2015 Gaming & Lodging Conference
    At the Bank of America Tower in New York City on September 9, 2015 will include meetings throughout the day
    with institutional investors.


    #2) The Imperial Capital Global Opportunities Conference - At the Waldorf Astoria New York in New York City on September 17, 2015
    which will include a formal investor presentation at 9:00 a.m. - As well as meetings throughout the day with institutional investors.


    #3) Deutsche Bank’s 23rd Annual Leveraged Finance Conference - At The Phoenician in Scottsdale, Arizona on September 30, 2015
    will include a formal investor presentation at 8:00 a.m. PT.


    Beginning
    on September 9, 2015 at 8:00 a.m. -- Eldorado’s current up to date investor presentation will be available on
    the Company’s investor relations website at:

    INVESTOR PRESENTATION LINK:

    http://www.eldoradoresorts.com/calendar.aspx?iid=4512023
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  11. #36  
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    Sep 15 09:00:50 MSep 11 2015 ERI Carano Gary L. CEO 10,870 Purchase at $9.24 $100,390 26,720 direct
    http://openinsider.com/ERI
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  12. #37  
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    Eldorado Resorts, Inc. (ERI) had a significant day on Thursday, up 39 cents to 9.77, or 4%, on nearly a million shares. That’s the biggest volume on an up-day since May. It broke out of the wedge that had been forming over the last 3-4 weeks, and looks like there’s more upside. Target is around 12-12 1/2, and longer-term this stock could run up to 14-15. ERI has a very intriguing pattern.


    https://www.thetechtrader.com/chartsoftheday/
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  14. #39  
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    I think the recent pressure on the stock has all been market related . Lost of stop outs and margin selling
    Good to see some buying today after their presentation with DB .
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  15. #40  
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    Sideways consolidation has been tough, but patience will be rewarded. Volume picking up, stocks getting tight, and a break through 9.5 should get us going with an nice run into earnings

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  16. #41  
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    hearing a big block getting done @ .9.5 , then off we go



    ELDORADO RESORTS – (ERI) @ $9.32 ==> “BREW BROTHERS” ==> Ready to Open @ SCIOTO on OCTOBER 21st …. As per the : COLUMBUS BUSINESS JOURNAL




    Oct 13, 2015, 1:26pm EDT “Brew Brothers” – Ready to Open

    With Beer Production to follow Soon After



    By: Dan Eaton
    Central Ohio’s next new brewery will be one of the oldest.
    Brew Brothers expects to open Oct. 21st inside the Scioto Downs Racino.
    Though new to Columbus, the Brew Brothers brand is 20 years old and has been operating inside a casino in
    Reno, Nevada, for the past two decades.


    When Eldorado Resorts Inc. (NASDAQ:ERI) acquired Scioto Downs in 2014, it saw an opportunity to create
    a second “Brew Brothers” brewpub.

    “At some point we knew we would add another restaurant,” racino spokeswoman Ashley Redmon said.
    “It was all about finding the right fit. Given the popularity of breweries and craft beer, this made sense to us.”
    Though the restaurant is on the verge of opening, it’s going to take a little while longer to get the beer flowing.

    Brewmaster, Ryan Torres said the facility is still waiting on its federal manufacturing approval and there’s the normal

    few weeks of production time to get its own beer made.
    The brewpub is marked outside by a 37-foot-tall grain silo.

    It has a 10-barrel system and four fermenters…Expects to make around 1,000 barrels -or- 4 million ounces of micr-brew per year.

    The pub will serve up six Brew Brothers beers, toplined by a kolsch and amber.
    “We’ll play in the same range of styles,” Torres told me.

    “Approachable beers. We’ll have a stout and porter, rotating seasonals. We’re starting with the recipes from Reno, but we’ll have the

    freedom to play around.”

    [IMG]http://media.bizj.us/view/img/7299672/brew-brothers-exterior-2-dje*750xx1644-924-0-1364.jpg[/IMG]Before it has its own beer.. It will be tapping other Ohio craft brewers plus an assortment of bottles and cans.

    There aren’t any plans to sell outside the racino either in bottles or cans or with kegs to other bars, but Torres said they will be

    involved in the local beer scene and look forward to pouring at events around the city.
    “We want to get out to the festivals, get our name out there,” he said.
    Torres joined Brew Brothers after almost three years at Barley’s Brewing Co. where he worked under Brewmaster Angelo Signorino.

    The $5.9 million dollar “Brew Browthers”… Is a 10,000-square-foot brewpub that is part of an overall $9.5 million expansion
    of the Scioto Downs facility.

    The restaurant will seat around 250… Including 80 people on the outdoor patio.
    Redmon said the menu will be pub fare… Wood-fired pizzas, burgers, sandwiches, fish and chips, entree salads…

    It will also offer heartier dishes like ribs and a sirloin steaks, which are expected to be popular.

    The space has a stage and will host live music Thursday through Saturday. Wednesday night will be live band karaoke night.

    Other events will be scheduled for Mondays and Tuesdays.
    REFERENCE LINK:
    http://goo.gl/Dbm6D3











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  17. #42  
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    Good stuff, thanks for the update.

    BTW, is the username a reference to The Boss?
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  18. #43  
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    Your welcome, and yes !
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  19. #44  
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    Shorts floating old rumors of a secondary . Hard to imagine at these prices, but stock down on light volume and touching bottom Bollinger band. Maybe shorts are nervous before earnings ? we will see
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  20. #45  
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    Eldorado Resorts and Vista Host, Inc. Establish Joint Venture to Develop Hotel at Scioto Downs Racino in Columbus, OH

    Check out: http://www.benzinga.com/news/15/10/5...lop-hotel-at-s.

    For more financial news and trade ideas, check out http://benzinga.com.
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  21. #46  
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    Looks like they just walked it down to take out the retail stops

    Earn. Monday after the close Volume back up, need to clear 9. 5

    MCRI Blew away their number, all from Reno Monarch Casino tops Street 3Q forecastsAP(Thu, Oct 22)

    Monarch Casino & Resort Inc. (MCRI)

    -NasdaqGS

    19.30 1.30(7.22%) 1:28PM EDT - Nasdaq Real Time Price
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  22. #47  
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    Wall St Consensus
    EPS . 10

    REV 186.47
    https://www.estimize.com/eri/fq3-201...source=twitter
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  23. #48  
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    Eldorado Resorts posts 3Q profit

    Eldorado Resorts posts profit of $3.3 million in 3rd quarter

    RENO, Nev. (AP) _ Eldorado Resorts Inc. (ERI) on Monday reported third-quarter net income of $3.3 million, after reporting a loss in the same period a year earlier.
    The Reno, Nevada-based company said it had net income of 7 cents per share. Earnings, adjusted to extinguish debt, were 12 cents per share.
    The casino and resort operator posted revenue of $183.5 million in the period.
    Eldorado Resorts shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $9.22, more than doubling in the last 12 months.http://finance.yahoo.com/news/eldora...204333919.html
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  24. #49  
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    Eldorado Resorts Reports Third Quarter Net Revenue of $183.5 Million and Adjusted EBITDA of $36.1 Million


    http://finance.yahoo.com/news/eldora...200500401.html
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    Eldorado Resorts Stock Will Benefit From Reno's Transformation




    By Oliver Rheinfurth Follow | 10/28/15 - 01:28 PM EDT


    0


    0

    The Wall Street Journal recently profiled how the city of Reno, Nev., long known for its casinos, is striving to become a high-tech manufacturing center. Investors looking to profit from the transformation and growth of the "Biggest Little City in the World" should consider Eldorado Resorts (ERI - Get Report) .
    True, Eldorado Resorts is about as traditional Reno as it gets; it's a casino entertainment company. But as companies such as Tesla (TSLA - Get Report) are drawn by low taxes to build manufacturing facilities in Reno, they will boost employment in the city and create a "wealth effect" that will spill over and benefit local casino resorts.






    ERI data by YCharts
    Must Read: 2 Dow Stocks Poised for an Immediate Dividend Jump
    This week Eldorado reported third-quarter financial results. Although adjusted earnings were only 7 cents, vs. the average analyst estimate of 11 cents, Eldorado's recently acquired Silver Legacy and Circus Circus Reno businesses were not included, because their purchase won't be complete until next month. And although revenue and earnings were down in the company's West Virginia businesses, the growth in Reno was the real star. Consider that West Virginia taxes gaming revenue at between 35%-49% and Nevada taxes it at only 12%. In which state would you prefer to have the growth?
    There were also one-time charges for the refinancing of debt which reduced Eldorado Resort's interest expense from $80 million a year to $45 million a year. The full effects of the refinancing will be realized in the next reported quarter.
    A competitor, Isle of Capri Casinos (ISLE - Get Report) , saw its stock rally to $21 from $14 in just a few weeks after it refinanced its debt. The same thing could happen to Eldorado Resorts.

    When a previous article on Eldorado Resorts was published in April, the stock was trading at just under $7. The article said the stock would rise to double digits. It did just that four months later, topping the charts at $10.04 in mid-August. In the last two months the stock has been consolidating and closed Tuesday at $9.13.

    On the conference call following the earnings release, the company reported that trailing-12-month earnings before interest, taxes, depreciation and amortization of $160 million. If you back out the $45 million in interest expense and the $35 million in capital expenditures, you are left with $80 million in free cash flow. Dividing the free cash flow by 46.5 million shares outstanding leaves $1.72 in free cash flow per share. Tuesday's closing price of $9.13 divided by the $1.72 computes to just over 5.3 times free cash flow. Compare that to the industry, which trades at close to 15 times. By these metrics, Eldorado Resorts is still extremely undervalued.
    Continue to follow the growth story that is Reno, as well as one of the only publicly traded ways to get exposure to it: Eldorado Resorts.




    This article is commentary by an independent contributor. At the time of publication, the author held a long position in ERI.
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