Gary Carano - Eldorado Resorts Chairman and CEO
Chairman
Mr. Gary L. Carano is Executive Chairman of the Board of the Company, effective January 1, 2019. Previously, Mr. Gary L. Carano served as President and Chief Operating Officer of Eldorado Resorts LLC from 2004 to September 2014, and as President and Chief Operating Officer of Eldorado HoldCo LLC from 2009 to September 2014. Mr. Gary L. Carano served as the General Manager and Chief Executive Officer of the Silver Legacy Resort Casino from its opening in 1995 to September 2014. Mr. Gary L. Carano serves on the board of directors of Recreational Enterprises, Inc., a stockholder of the Company. Mr. Gary L. Carano has served on a number of charitable boards and foundations in the state of Nevada. Mr. Gary L. Carano holds a Bachelors degree in Business Administration from the University of Nevada, Reno. In May 2012, Silver Legacy filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Nevada. Silver Legacy emerged from its Chapter 11 reorganization proceedings in November 2012. Mr. Gary L. Carano was selected to serve as director because of his extensive experience in the gaming and hospitality industry and because of his familiarity with the business of Eldorado Resorts, Inc. since 2019.
| Age | 65 |
| Tenure | 5 years |
| Phone | 775 328-0100 |
| Web | www.eldoradoresorts.com |
Eldorado Resorts Management Efficiency
The company has Return on Asset of 2.2 % which means that on every $100 spent on assets, it made $2.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (18.64) %, meaning that it generated no profit with money invested by stockholders. Eldorado Resorts' management efficiency ratios could be used to measure how well Eldorado Resorts manages its routine affairs as well as how well it operates its assets and liabilities.The company has 3.76 B in debt with debt to equity (D/E) ratio of 2.33, meaning that the company heavily relies on borrowing funds for operations. Eldorado Resorts has a current ratio of 3.16, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Eldorado Resorts until it has trouble settling it off, either with new capital or with free cash flow. So, Eldorado Resorts' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eldorado Resorts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eldorado to invest in growth at high rates of return. When we think about Eldorado Resorts' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 12 records | CHAIRMAN Age | ||
| Steven Mills | Black Hills | 65 | |
| Luis Fallo | Transportadora de Gas | 60 | |
| Eric Silagy | Nextera Energy | 58 | |
| James Robo | Nextera Energy | 58 | |
| Moray Dewhurst | Nextera Energy | 59 | |
| David Emery | Black Hills | 56 | |
| Peter May | The Wendys Co | 75 | |
| Ricardo Monge | Transportadora de Gas | N/A | |
| Gale Klappa | WEC Energy Group | 73 | |
| Gustavo Mariani | Transportadora de Gas | 48 | |
| Neal Aronson | Wingstop | N/A | |
| Nelson Peltz | The Wendys Co | 75 | |
Management Performance
| Return On Equity | -18.64 | |||
| Return On Asset | 2.2 |
Eldorado Resorts Leadership Team
Elected by the shareholders, the Eldorado Resorts' board of directors comprises two types of representatives: Eldorado Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eldorado. The board's role is to monitor Eldorado Resorts' management team and ensure that shareholders' interests are well served. Eldorado Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eldorado Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roger Wagner, Director | ||
| Thomas Reeg, President Director | ||
| Stephanie Lepori, Chief Accounting Officer and Sr. VP of Fin. | ||
| Michael Pegram, Director | ||
| Gregory Kozicz, Independent Director | ||
| David Tomick, Director | ||
| Anthony Carano, Executive VP, General Counsel and Secretary | ||
| Robert Jones, CFO, Executive VP and Treasurer | ||
| Frank Fahrenkopf, Director | ||
| James Hawkins, Director | ||
| Bonnie Biumi, Director | ||
| Edmund Quatmann, Chief Legal Officer, Executive Vice President | ||
| Bret Yunker, CFO | ||
| Gary Carano, Chairman and CEO |
Eldorado Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Eldorado Resorts a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -18.64 | |||
| Return On Asset | 2.2 | |||
| Profit Margin | (13.57) % | |||
| Operating Margin | 11.59 % | |||
| Current Valuation | 8.73 B | |||
| Shares Outstanding | 98.56 M | |||
| Shares Owned By Insiders | 12.68 % | |||
| Shares Owned By Institutions | 87.32 % | |||
| Number Of Shares Shorted | 52.04 M | |||
| Price To Earning | 57.30 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eldorado Resorts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eldorado Resorts' short interest history, or implied volatility extrapolated from Eldorado Resorts options trading.
Pair Trading with Eldorado Resorts
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eldorado Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eldorado Resorts will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to International Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Business when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Business - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Business Machines to buy it.
The correlation of International Business is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Business moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Business can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Eldorado Stock
If you are still planning to invest in Eldorado Resorts check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eldorado Resorts' history and understand the potential risks before investing.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |