Eldorado income rises in third quarter | nnbusinessview.com

Eldorado income rises in third quarter

NNBW Staff
Reno-based Eldorado Resorts, Inc., reported net income of $29.5 million in the third quarter, or 38 cents per basic share, as the company led by the Carano family continued to show strong growth in its shares which have more than doubled in value in the past year.
“Our growth continues to be broad-based,” Gary Carano, chairman and CEO, said in a statement accompanying the earnings report.
Carano attributed a 1 percent decline in revenues in the July-September period partly on impacts from two hurricanes that struck the Gulf of Mexico’s U.S. coastline where Eldorado operates casino resorts among the company’s 19 gaming properties in 10 states.
Eldorado shares on Friday were trending higher, surpassing $28 in midmorning trading on the Nasdaq exchange.



News

NV education nonprofit partners with adaptive learning tech company

October 22, 2019

Bellevue, Washington-based DreamBox Learning announced the partnership Oct 17, describing the move as one that will “provide Nevada educators access to research-driven live webinars, on-site trainings and other professional development resources that will help them further personalize their math instruction for each student’s unique growth and learning needs.”



See more