Caesars Entertainment (CZR) Form 3 Eldorado Resorts / Gene R Carano ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Carano Gene R

(Last) (First) (Middle)

100 WEST LIBERTY STREET, 11TH FLOOR

(Street)

RENO NV 89501

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/03/2017

3. Issuer Name and Ticker or Trading Symbol
Eldorado Resorts, Inc. [ ERI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
See Remarks

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.00001 per share	11,129,867	I(1)	By Recreational Enterprises, Inc.
Common Stock, par value $0.00001 per share	182,351	I	By the Gene R. Carano Corporation Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are owned directly by Recreational Enterprises, Inc. ("REI"). Gene R. Carano has an indirect ownership interest in REI through the Gene R. Carano S Corporation Trust and is a director of, and holds voting and dispositive control over the shares held by, REI in his capacity as a director. Gene R. Carano disclaims beneficial ownership in these shares except as to his pecuniary interest therein.

Remarks:

Director of Recreational Enterprises, Inc., a 10% beneficial owner of ERI

	/s/Gene R. Carano	10/19/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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