Eldorado Resorts, Inc. (ERI) Files Form 4 Insider Buying : Thomas Reeg Buys 4,500 Shares

Eldorado Resorts, Inc. (ERI): Thomas Reeg , CFO of Eldorado Resorts, Inc. purchased 4,500 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.75 per share for a total value of $61,875.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Michael E Pegram (director) purchased 10,000 shares at $11.00 per share price.On Mar 16, 2016, Roger P Wagner (director) sold 6,984 shares at $10.83 per share price.Also, On Mar 16, 2016, James B Hawkins (director) purchased 10,000 shares at $10.80 per share price.On Mar 16, 2016, Thomas Reeg (President) purchased 6,300 shares at $10.80 per share price.

Eldorado Resorts Inc: On Friday, May 6, 2016 heightened volatility was witnessed in Eldorado Resorts Inc which led to swings in the share price. The shares opened for trading at $12.55 and hit $13.51 on the upside , eventually ending the session at $13.43, with a gain of 2.13% or 0.28 points. The heightened volatility saw the trading volume jump to 3,48,877 shares. The 52-week high of the share price is $13.51 and the company has a market cap of $629 M . The 52-week low of the share price is at $6.9.

Eldorado Resorts Inc Money Flow Index Chart

Eldorado Resorts Inc. (ERI) is a casino entertainment company. The Company’s principal operating activities include owning and operating gaming facilities in three geographic regions: Reno Shreveport and the eastern states. The Company operates through three business segments: Eldorado Shreveport Eldorado Reno and MTR Gaming. The Company conducts its operations through its subsidiaries MTR Gaming Group Inc. (MTR Gaming) Eldorado Holdco LLC (HoldCo) and Eldorado Resorts LLC (Resorts). Its property portfolio includes approximately seven facilities in over five markets with a total of approximately 10230 slot machines and video lottery terminals (VLTs) approximately 300 table games approximately 4850 hotel rooms approximately 35 dining bar and entertainment options and over three pari-mutuel racing facilities. The Company owns and operates approximately seven properties in approximately five states.

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