September 9, 2013
Dear Valued Eldorado Guest:
Today, we are excited to announce that Eldorado Resorts has entered into a definitive
merger agreement with MTR Gaming. At closing, anticipated to be mid-2014, the new
public company will be called Eldorado Resorts, Inc. “This is a historic day for the
Eldorado, as this will provide our employees with more career path opportunities and
will open up many new opportunities and enhanced services for you,” said Gary Carano,
who will be named Chief Executive Officer of the combined company, which will be
headquartered in Reno.
Eldorado Resorts will operate six properties across five states with 9,968 slot machines
and VLTs, 283 table games and 3,282 hotel rooms, two thoroughbred racetracks and one
harness horse racing facility. This will provide our guests more enhanced services within
our family of properties.
Our new partner has outstanding properties in Ohio, Pennsylvania and West Virginia
with employees who share the same values of customer service the Eldorado has always
been known for.
Until this transaction is complete, Eldorado and MTR Gaming will remain separate
companies, and it will be business as usual for all of us. The key to our success, along
with our outstanding employees, has been – and will continue to be – YOU, our valued
guest and we will continue to provide you the exceptional service you have come to
expect from the Eldorado.
Thank you for your patronage and loyalty in helping to make the Eldorado the premier
gaming property it is today.
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