RENO, Nev.--(BUSINESS WIRE)--Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado”) announced today that it has extended the expiration date of its offer to exchange (the “Exchange Offer”) any and all of its outstanding unregistered 6% Senior Notes due 2025 (the “Existing Notes”) for an equal amount of 6% Senior Notes due 2025 that have been registered under the Securities Act of 1933 (the “Exchange Notes”). As a result of the extension, the Exchange Offer is now scheduled to expire at midnight, New York City time, on July 25, 2017, unless further extended.
The Exchange Offer was originally set to expire at midnight, New York City time, on July 24, 2017. As of July 23, 2017, tenders of approximately $187,706,000 aggregate principal amount, or 50.05%, of the Existing Notes have been received pursuant to the Exchange Offer. Except for the extension of the expiration date, all of the other terms of the Exchange Offer remain as set forth in the Exchange Offer prospectus, dated June 26, 2017.
This press release is not an offer to exchange the Exchange Notes for the Existing Notes or the solicitation of an offer to exchange, which we are making only through the Exchange Offer prospectus.
About Eldorado Resorts, Inc.
Eldorado Resorts is a leading
casino entertainment company that owns and operates nineteen properties
in ten states, including Colorado, Florida, Iowa, Louisiana,
Mississippi, Missouri, Nevada, Ohio, Pennsylvania and West Virginia. In
aggregate, Eldorado’s properties feature approximately 20,000 slot
machines and VLTs, more than 550 table games and over 6,500 hotel rooms.
For more information, please visit www.eldoradoresorts.com.
Forward-Looking Statements
This press release includes
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements include
statements regarding the timing of the Exchange Offer and the principal
amount of Existing Notes that will be tendered in the Exchange Offer.
Although our expectations, beliefs and projections are expressed in good
faith and with what we believe is a reasonable basis, there can be no
assurance that these expectations, beliefs and projections will be
realized. More information on potential risks and uncertainties is
available in our recent filings with the SEC, including our reports on
Form 10-K, Form 10-Q and Form 8-K. In light of these and other
risks, uncertainties and assumptions, the forward-looking events
discussed in this press release might not occur. These forward-looking
statements speak only as of the date of this press release, even if
subsequently made available on our website or otherwise, and we do not
intend to update publicly any forward-looking statement to reflect
events or circumstances that occur after the date on which the statement
is made, except as may be required by law.