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home / news releases / ERI - Is Eldorado Resorts Stock a Buy?


ERI - Is Eldorado Resorts Stock a Buy?

Eldorado Resorts (NASDAQ: ERI) has been on an incredible run for a half-decade after making a number of aggressive acquisitions. The latest move was its biggest, agreeing to buy Caesars Entertainment (NASDAQ: CZR) in a $17.3 billion deal. 

What Eldorado wasn't expecting was a global pandemic to shut down operations of its casinos across the country. And that might be the one reason Eldorado isn't a buy for long-term investors.

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Stock Information

Company Name: Caesars Entertainment Inc (New) Com
Stock Symbol: ERI
Market: NASDAQ
Website: caesars.com/corporate

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