• Eldorado Casino Poker Room

Eldorado Resort Casino is a hotel and casino located in Downtown Reno, Nevada. It anchors a network of connected hotel-casinos in the downtown Reno core that included Circus Circus Reno and Silver Legacy Reno and are owned and operated by Eldorado Resorts.^[1]

History[edit]

Plans for the Eldorado were announced in July 1972 by a group of six investors, including members of Reno's prominent Carano family.^[2] The hotel opened on May 24, 1973 with 278 guest rooms, two restaurants, and a casino with 200 slot machines, 9 table games, and a keno game.^[3] Also incorporated into the property were a ballroom accommodating up to 750 people, an underground parking garage, and executive suites.^[4]

In 1979, the success of the Eldorado Resort Casino prompted what would be the first of many expansions and improvements. Guestrooms were brought to a total of 411 with a further expansion completed in September 1985 adding 20,000 square feet of gaming area and four new restaurants. By 1989, the Eldorado had grown to 814^[5] hotel rooms and boasted its own on-site bakery, pasta and gelato shop and butcher shop. In 1992, the Eldorado added a 10 story parking garage for added convenience to guests.

Oct 20, 2019  The Eldorado is one of the oldest casinos in the Las Vegas Valley, opening in downtown Henderson in 1962. The casino features table games, slot machines, a sports book, a.

The completion of another transformation for the Eldorado happened in 1995. Coinciding with the construction of Silver Legacy Reno, a 50/50 joint venture between Eldorado Resorts and MGM Resorts International, the Eldorado added a crossover to the new downtown property connected by the first ever micro-brewery in a casino, The Brew Brothers. The Spa Tower was created, adding 10 floors of luxury accommodations; a 10,175 square foot convention center was opened as well as a 580-seat Broadway-style showroom. A coffee roasting company was added to the list of on-site services and the casino now totaled 78,987 square feet with more than 1,500 slot machines, 55 table games, a keno lounge, race and sportsbook and poker room.^[6]

In 2016, Eldorado Resorts announced that it expects to invest more than $50 million in enhancements. Eldorado’s master plan for the three connected properties, which span eight city blocks in downtown Reno, also includes renovation of more than 4,100 guest rooms. The properties’ upgrade announcement comes a week after the company’s agreement to acquire Isle of Capri Casinos.

Eldorado Showroom[edit]

The showroom seats 580 and has rotating productions.^[7]

The Brew Brothers[edit]

The casino houses an on-site microbrewery, The Brew Brothers, which also operates as a music venue and night club. A second Brew Brothers is planned for Scioto Downs Racino in Columbus, Ohio.^[8]

References[edit]

1. ^'Listing of Financial Statements Square Footage'. Nevada Gaming Control Board. Retrieved March 16, 2015.
2. ^'Planned for downtown location: $6.2 million Reno luxury hotel complex'. Reno Gazette Journal. July 17, 1972 – via Newspapers.com.
3. ^'Eldorado Hotel granted license'. Nevada State Journal. UPI. May 25, 1973 – via Newspapers.com.
4. ^'Reno's newest major hotel-casino, the Eldorado, opens tonight'. Reno Evening Gazette. May 24, 1973 – via Newspapers.com.
5. ^employee system
6. ^Kling, Dwayne (August 2010). The Rise of the Biggest Little City: An Encyclopedic History of Reno Gaming, 1931-1981. Reno, NV: University of Nevada Press. pp. 18–19. ISBN978-0-87417-829-6.
7. ^'Eldorado Showroom - Eldorado Reno'. www.eldoradoreno.com.
8. ^'Scioto Downs plans new microbrewery'. Gannett. Chillcothe Gazette. March 14, 2015. Retrieved May 5, 2015.

External links[edit]

• Official website
• Media related to Eldorado Reno at Wikimedia Commons

Following months of speculation about a number of different scenarios involving Caesars Entertainment Corp., a major deal was finally announced Monday morning. As reported by multiple outlets, casino operator Eldorado Resorts Inc. has agreed to acquire and merge with Caesars Entertainment in a cash-and-stock deal worth $17.3 billion that also includes Eldorado assuming Caesars' not insignificant debt.

The joining of the two operators creates the United States' largest gaming company. Going forward, the newly-merged company will be known as Caesars and will be headquartered in Reno where Eldorado is based.

At the end of March, Caesars was operating 53 properties in 14 states as well as in five other countries, according to The New York Times. It was less than two years ago that the largest operating unit of Caesars Entertainment Corp managed to emerge from bankruptcy following a complicated restructuring of the company. At the end of March Caesars' long-term debt (now taken on by Eldorado) stood at $8.79B.

Carl Icahn: 'It is rare that you see a merger where because of the great synergies 'one plus one equals five.'

Meanwhile Eldorado Resorts, with a current market value of $4 billion and a long-term debt of just over $3 billion (as of the end of March), currently owns 26 properties in 12 different states (though none in Las Vegas).

Eldorado Casino Poker Room

Eldorado shareholders will hold 51 percent of the new company's outstanding shares, with Caesars shareholders holding 49 percent.

News that a merger between Eldorado and Caesars might be forthcoming first emerged back in the spring with reports that Caesars' board had approved a possible sale, with initial rumors citing either Eldorado or the Golden Nugget as a potential buyer and/or partner.

Such stories occasionally overlapped as well with speculation about the future location of the World Series of Poker, presently playing out for the 15th year at the Caesars-owned Rio All-Suite Hotel and Casino.

Billionaire mogul Carl Icahn expressed his pleasure with the deal. 'It is rare that you see a merger where because of the great synergies 'one plus one equals five,' said Icahn, the NYT reports. 'I look forward to seeing our investment prosper.'

Icahn's comments aren't surprising, given his current influence within Caesars and his previously known position favoring such a deal. By the end of the first quarter of this year, Icahn had reportedly built up at least a 15 percent stake in the company, perhaps as much as 18 percent. In late February of this year, it was Icahn who proposedAnthony Rodio to succeed Mark Frissora as Caesars's CEO. Then in March Icahn made a deal with the company allowing him to appoint three members to the Board.

'We believe this combination will build on the accomplishments and best-in-class operating practices of both companies,' said Rodio in the companies' announcement of the deal. 'By joining forces, we believe the new Caesars will be well-positioned to compete in our dynamic industry.'

Eldorado CEO Tom Reeg: 'Together, we will have an extremely powerful suite of iconic gaming and entertainment brands.'

Eldorado CEO Tom Reeg similarly expressed optimism regarding the newly-combined company's future.

'Eldorado's combination with Caesars will create the largest owner and operator of U.S. gaming assets and is a strategically, financially and operationally compelling opportunity that brings immediate and long-term value to stakeholders of both companies,' said Reeg.

'Together, we will have an extremely powerful suite of iconic gaming and entertainment brands, as well as valuable strategic alliances with industry leaders in sports betting and online gaming,' Reeg added.

^{Photo: 'Caesars Palace Las Vegas,' Bernard Spragg, public domain.}

Finding a trustworthy room to play online poker can be a monumental burden. That's all the more true if you're just looking for a place to play poker for free. We've listed five of the best play-money poker sites to enjoy and help hone your skills.

• Tags

  IndustryCaesars EntertainmentEldorado ResortsCarl IcahnNevadaLas VegasRenoWSOP

• Related Tournaments

  World Series of Poker