Eldorado Resorts Announces Pricing of Public Offering of Common Stock

RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (Nasdaq: ERI) (“Eldorado” or the “Company”) today announced the pricing of an underwritten public offering of 18,000,000 shares of common stock at a public offering price of $39.00 per share. The Company also granted the underwriters a 30-day option to purchase up to 2,700,000 of additional shares of its common stock from the Company at the public offering price, less the underwriting discount. The Company estimates that the net proceeds from the offering, after deducting the underwriting discounts and commissions and other estimated offering expenses, will be approximately $672 million, or approximately $772 million if the underwriters exercise their option to purchase additional shares of common stock in full.