Caesars Entertainment (CZR) 10-K 27 Feb 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2017	Feb. 23, 2018	Jun. 30, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	Eldorado Resorts, Inc.
Entity Central Index Key	1,590,895
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1.3
Entity Common Stock, Shares Outstanding		77,241,115
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	ERI

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 134,596	$ 61,029
Restricted cash	3,267	2,414
Marketable securities	17,631
Accounts receivable, net	45,797	14,694
Due from affiliates	243
Inventories	16,870	11,055
Prepaid income taxes	4,805	69
Prepaid expenses and other	27,823	12,492
Total current assets	251,032	101,753
PROPERTY AND EQUIPMENT, NET	1,502,817	612,342
GAMING LICENSES AND OTHER INTANGIBLES, NET	996,816	487,498
GOODWILL	747,106	66,826
NON-OPERATING REAL PROPERTY	18,069	14,219
OTHER ASSETS, NET	30,632	11,406
Total assets	3,546,472	1,294,044
CURRENT LIABILITIES:
Current portion of long-term debt	615	4,545
Accounts payable	34,778	21,576
Due to affiliates		259
Accrued property, gaming and other taxes	43,212	18,790
Accrued payroll and related	53,330	14,588
Accrued interest	25,607	14,634
Income taxes payable	171
Accrued other liabilities	61,346	27,648
Total current liabilities	219,059	102,040
LONG-TERM DEBT, LESS CURRENT PORTION	2,189,578	795,881
DEFERRED INCOME TAXES	164,130	90,385
OTHER LONG-TERM LIABILITIES	28,579	7,287
Total liabilities	2,601,346	995,593
COMMITMENTS AND CONTINGENCIES (Note 16)
STOCKHOLDERS' EQUITY:
Paid-in capital	746,547	173,879
Retained earnings	198,500	124,560
Accumulated other comprehensive income	79	12
Total stockholders’ equity	945,126	298,451
Total liabilities and stockholders’ equity	$ 3,546,472	$ 1,294,044

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	76,825,966	47,105,744
Common stock, shares outstanding	76,825,966	47,105,744
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
REVENUES:
Casino	$ 1,228,540	$ 693,013	$ 614,227
Pari-mutuel commissions	14,134	8,600	9,031
Food and beverage	193,260	142,032	97,740
Hotel	119,095	94,312	37,466
Other	51,560	45,239	26,077
Gross revenues	1,606,589	983,196	784,541
Less-promotional allowances	(133,085)	(90,300)	(64,757)
Net operating revenues	1,473,504	892,896	719,784
EXPENSES:
Casino	638,362	390,325	357,572
Pari-mutuel commissions	13,509	9,787	9,973
Food and beverage	94,723	81,878	52,606
Hotel	34,282	30,746	11,307
Other	26,030	26,921	15,325
Marketing and promotions	82,525	40,600	31,227
General and administrative	241,095	130,172	96,870
Corporate	30,739	19,880	16,469
Impairment charges	38,016
Depreciation and amortization	105,891	63,449	56,921
Total operating expenses	1,305,172	793,758	648,270
LOSS ON SALE OR DISPOSAL OF PROPERTY AND EQUIPMENT	(319)	(836)	(6)
PROCEEDS FROM TERMINATED SALE	20,000
TRANSACTION EXPENSES	(92,777)	(9,184)	(2,452)
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES	(367)		3,460
OPERATING INCOME	94,869	89,118	72,516
OTHER INCOME (EXPENSE):
Interest expense, net	(99,769)	(50,917)	(61,558)
Gain on valuation of unconsolidated affiliate			35,582
Loss on early retirement of debt, net	(38,430)	(155)	(1,937)
Total other expense	(138,199)	(51,072)	(27,913)
NET (LOSS) INCOME BEFORE INCOME TAXES	(43,330)	38,046	44,603
BENEFIT (PROVISION) FOR INCOME TAXES	117,270	(13,244)	69,580
NET INCOME	$ 73,940	$ 24,802	$ 114,183
Net Income per share of Common Stock:
Basic	$ 1.10	$ 0.53	$ 2.45
Diluted	$ 1.09	$ 0.52	$ 2.43
Weighted average number of shares outstanding:
Weighted Average Basic Shares Outstanding	67,133,531	47,033,311	46,550,042
Weighted Average Diluted Shares Outstanding	68,102,814	47,701,562	47,008,980

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
NET INCOME	$ 73,940	$ 24,802	$ 114,183
Other Comprehensive Income (Loss), net of tax:
Defined benefit pension plan—amortization of net income (loss), net of tax of $36 and $2 for 2017 and 2015, respectively	67		(75)
Comprehensive Income, net of tax	$ 74,007	$ 24,802	$ 114,108

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Defined benefit pension plan—amortization of net income (loss), tax	$ 36	$ 2

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Paid-in Capital	Retained Earnings	Non-controlling Interest	Accumulated Other Comprehensive Income
Beginning Balance at Dec. 31, 2014	$ 151,622		$ 165,857	$ (14,425)	$ 103	$ 87
Beginning Balance (in shares) at Dec. 31, 2014		46,426,714
Issuance of restricted stock units	1,488		1,488
Issuance of restricted stock units (in shares)		17,980
Acquisition of non-controlling interest	3,449		3,552		$ (103)
Acquisition of non-controlling interest (in shares)		373,135
Net income	114,183			114,183
Other comprehensive income	$ (75)					(75)
Exercise of stock options (in shares)	0
Ending Balance at Dec. 31, 2015	$ 270,667		170,897	99,758		12
Ending Balance (in shares) at Dec. 31, 2015		46,817,829
Issuance of restricted stock units	3,341		3,341
Issuance of restricted stock units (in shares)		217,997
Net income	24,802			24,802
Exercise of stock options	$ 385		385
Exercise of stock options (in shares)	132,900	132,900
Shares withheld related to net share settlement of stock awards	$ (744)		(744)
Shares withheld related to net share settlement of stock awards (in shares)		(62,982)
Ending Balance at Dec. 31, 2016	298,451		173,879	124,560		12
Ending Balance (in shares) at Dec. 31, 2016		47,105,744
Isle common stock exchanged at merger	574,811		574,811
Isle common stock exchanged at merger (in shares)		28,468,182
Issuance of restricted stock units	6,322		6,322
Issuance of restricted stock units (in shares)		1,070,552
Net income	73,940			73,940
Other comprehensive income	67					67
Exercise of stock options	$ 2,900		2,900
Exercise of stock options (in shares)	1,185,745	1,185,745
Shares withheld related to net share settlement of stock awards	$ (11,365)		(11,365)
Shares withheld related to net share settlement of stock awards (in shares)		(1,004,257)
Ending Balance at Dec. 31, 2017	$ 945,126		$ 746,547	$ 198,500		$ 79
Ending Balance (in shares) at Dec. 31, 2017		76,825,966

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME	$ 73,940	$ 24,802	$ 114,183
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	105,891	63,449	56,921
Amortization of deferred financing costs, discount and debt premium	6,289	3,520	(4,372)
Equity in loss (income) of unconsolidated affiliates	367		(3,460)
Loss on early retirement of debt	38,430	155	1,937
Gain on valuation of unconsolidated affiliate			(35,582)
Change in fair value of acquisition related contingencies	37	57	90
Stock compensation expense	6,322	3,341	1,488
Loss on sale or disposal of property and equipment	319	836	6
Provision (benefit) for bad debt	531	161	(18)
Impairment charges	38,016
(Benefit) provision for deferred income taxes	(113,062)	11,344	(70,773)
Change in operating assets and liabilities:
Restricted cash	355	2,857	711
Sale of trading securities	101
Accounts receivable	(19,110)	(4,874)	2,955
Inventory	105	687	(71)
Prepaid expenses and other assets	(629)	(1,654)	2,094
Interest payable	10,974	(344)	(14,112)
Income taxes payable	(470)		(137)
Accounts payable and accrued liabilities	(18,165)	(6,767)	4,855
Net cash provided by operating activities	130,241	97,570	56,715
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment, net	(83,522)	(47,380)	(36,762)
Reimbursement of capital expenditures from West Virginia regulatory authorities	361	4,207	1,266
Restricted cash	19,514
Proceeds from sale of property and equipment	135	1,560	153
Net cash used in business combinations	(1,343,659)	(194)	(125,016)
Investment in and loans to unconsolidated affiliate	(604)		(1,010)
Decrease in restricted cash due to credit support deposit			2,500
Decrease in other assets, net		659	115
Net cash used in investing activities	(1,407,775)	(41,148)	(158,754)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Term Loan			800,000
Payments under Term Loan		(4,250)
Retirement of long-term debt			(728,664)
Debt premium proceeds	27,500
Payment of other long-term obligation	(43)
Payments on capital leases	(490)	(274)	(88)
Debt issuance costs	(51,526)	(4,288)	(25,820)
Call premium on early retirement of debt			(44,090)
Taxes paid related to net share settlement of equity awards	(11,365)	(744)
Proceeds from exercise of stock options	2,900	385
Net cash provided by (used in) financing activities	1,351,101	(73,671)	92,713
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	73,567	(17,249)	(9,326)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	61,029	78,278	87,604
CASH AND CASH EQUIVALENTS, END OF YEAR	134,596	61,029	78,278
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid	84,604	47,696	78,378
Local income taxes paid	246	1,662	1,198
NON-CASH FINANCING ACTIVITIES
Net change in payables for capital expenditures	(317)	4,222	500
Equipment acquired under capital leases			870
New Term Loan
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Term Loan	1,450,000
Payments under Term Loan	(493,250)
6% Senior Notes
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Senior Notes	875,000
7% Senior Notes
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Senior Notes			375,000
Principal payments under 7% Senior Notes			(2,125)
New Revolving Credit Facility
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	166,953
Payments under Revolving Credit Facility	(166,953)
Term Loan
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments under Term Loan	(1,062)	(4,250)	425,000
Retirement of long-term debt	(417,563)
Prior Revolving Credit Facility
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	41,000	73,000	131,000
Payments under Revolving Credit Facility	(29,000)	$ (137,500)	$ (37,500)
Retirement of long-term debt	$ (41,000)

CONSOLIDATED STATEMENTS OF CAS9

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	Dec. 31, 2017
6% Senior Notes
Interest rate on Senior Notes	6.00%
7% Senior Notes
Interest rate on Senior Notes	7.00%

Organization and Basis of Prese

Organization and Basis of Presentation	12 Months Ended
	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1. Organization and Basis of Presentation The accompanying consolidated financial statements include the accounts of Eldorado Resorts, Inc. (“ERI” or the “Company”), a Nevada corporation formed in September 2013, and its consolidated subsidiaries. The Company acquired Mountaineer, Presque Isle Downs and Scioto Downs in September 2014 pursuant to a merger (the “MTR Merger”) with MTR Gaming Group, Inc. (“MTR Gaming”) and in November 2015 it acquired Circus Reno and the interests in the Silver Legacy that it did not own prior to such date (the “Reno Acquisition”). Throughout the year ended December 31, 2017, ERI owned and operated the following properties: • Eldorado Resort Casino Reno ( “ ” — • Silver Legacy Resort Casino ( “ ” — • Circus Circus Reno ( “ ” — • Eldorado Resort Casino Shreveport ( “ ” — • Mountaineer Casino, Racetrack & Resort ( “ ” — ’ • Presque Isle Downs & Casino ( “ ” — • Eldorado Gaming Scioto Downs ( “ ” — “ ” s In addition, on May 1, 2017, the Company consummated its acquisition of Isle of Capri Casinos, Inc. and acquired the following properties: • Isle Casino Hotel — — • Lady Luck Casino — — • Isle Casino Racing Pompano Park (“Pompano”) — • Isle Casino Bettendorf (“Bettendorf”) — • Isle Casino Waterloo (“Waterloo”) — • Isle of Capri Casino Hotel Lake Charles (“Lake Charles”) — • Isle of Capri Casino Lula (“Lula”) — • Lady Luck Casino Vicksburg (“Vicksburg”) — • Isle of Capri Casino Boonville (“Boonville”) — • Isle Casino Cape Girardeau (“Cape Girardeau”) — • Lady Luck Casino Caruthersville (“Caruthersville ”)— • Isle of Capri Casino Kansas City (“Kansas City”) — • Lady Luck Casino Nemacolin (“Nemacolin”) — In addition, Scioto Downs, through its subsidiary RacelineBet, Inc., also operates Racelinebet.com, a national account wagering service that offers online and telephone wagering on horse races as a marketing affiliate of TwinSpires.com, an affiliate of Churchill Downs, Inc. Acquisition of Isle of Capri Casinos, Inc. and Refinancing On May 1, 2017 (the “Isle Acquisition Date”), the Company completed its acquisition of Isle of Capri Casinos, Inc. pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) dated as of September 19, 2016 with Isle of Capri Casinos, Inc., a Delaware corporation (“Isle” or “Isle of Capri”), Eagle I Acquisition Corp., a Delaware corporation and a direct wholly-owned subsidiary of the Company, and Eagle II Acquisition Company LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of the Company (the “Isle Acquisition” or the “Isle Merger”). As a result of the Isle Merger, Isle became a wholly-owned subsidiary of ERI and, at the effective time of the Isle Merger, The total purchase consideration was $1.93 billion (See Note 3) In connection with the Isle Acquisition, the Company completed a debt financing transaction comprised of: (a) a senior secured credit facility in an aggregate principal amount of $1.75 billion with a (i) term loan facility of $1.45 billion and (ii) revolving credit facility of $300.0 million and (b) $375.0 million of senior unsecured notes. The proceeds of such borrowings were used to pay the cash portion of the consideration payable in the Isle Merger, refinance all of Isle’s existing credit facilities, redeem or otherwise repurchase all of Isle’s senior and senior subordinated notes, refinance the Company’s existing credit facility and pay transaction fees and expenses related to the foregoing (See Note 9 for further discussion of the refinancing transaction and terms of such indebtedness). On September 13, 2017, the Company issued an additional $500.0 million in aggregate principal amount of its 6% Senior Notes (as defined below) at an issue price equal to 105.5% of the principal amount. The 6% Senior Notes were issued as additional notes under the New Indenture dated March 29, 2017 (as defined below), as supplemented by the supplemental indenture dated as of May 1, 2017 between the Company, the guarantors party thereto and U.S. Bank National Association, pursuant to which the Company previously issued $375.0 million aggregate principal amount of 6% Senior Notes. The additional 6% Senior Notes formed part of a single class of securities together with the initial 6% Senior Notes for all purposes under the New Indenture, including waivers, amendments, redemptions and offers to purchase. Transaction expenses attributed to the Isle Acquisition are reported on the accompanying statements of income related to legal, accounting, financial advisory services, severance, stock awards and other costs totaling $92.8 million and $8.6 million during the years ended December 31, 2017 and 2016, respectively. As of December 31, 2017, $0.1 million of accrued costs and expenses related to the Isle Acquisition are included in accrued other liabilities. Additionally, we recognized a loss of $27.3 million for the year ended December 31, 2017 related to the extinguishment of Isle debt and the payment of interest and call premiums in conjunction with the Isle Acquisition. On August 22, 2016, Isle entered into a definitive agreement (the “Agreement”) to sell its casino and hotel property in Lake Charles, Louisiana, for $134.5 million, subject to a customary purchase price adjustment, to an affiliate of Laguna Development Corporation (the “Buyer”), a Pueblo of Laguna-owned business based in Albuquerque, New Mexico. The Agreement was assumed by the Company at the Isle Acquisition Date. On November 21, 2017, the Company terminated the Agreement. The closing of the transaction was subject to certain closing conditions, including obtaining certain gaming approvals, and was to occur on or before the termination date, which had been extended by the parties to November 20, 2017. The Buyer did not obtain the required gaming approvals prior to the termination date, and pursuant to the terms of the Agreement, the Company retained the Buyer’s $20.0 million deposit. The Buyer agreed to the termination and its terms. The $20.0 million forfeited deposit was recorded as income on the accompanying statements of income as “Proceeds from Terminated Sale.” In previous periods, the operations of Lake Charles have been classified as discontinued operations and as assets held for sale for all periods presented. As a result of the termination, Lake Charles is no longer classified as assets held for sale and accounted for as discontinued operations and is included in our results of operations for the eight-month period from the Isle Acquisition Date through December 31, 2017.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Principles of Consolidation. The accompanying consolidated financial statements include the accounts of the Company as described in Note 1. All significant intercompany transactions have been eliminated in consolidation. Use of Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates incorporated into the Company’s consolidated financial statements include estimated useful lives for depreciable and amortizable assets, estimated allowance for doubtful accounts receivable, estimated cash flows in assessing goodwill and indefinite-lived intangible assets for impairment and the recoverability of long‑lived assets, self‑insurance reserves, players’ club liabilities, contingencies and litigation, claims and assessments, and fair value measurements related to the Company’s long‑term debt. Actual results could differ from these estimates. Cash and Cash Equivalents. Cash equivalents include investments in money market funds. Investments in this category can be redeemed immediately at the current net asset value per share. A money market fund is a mutual fund whose investments are primarily in short‑term debt securities designed to maximize current income with liquidity and capital preservation, usually maintaining per share net asset value at a constant amount, such as one dollar. Cash and cash equivalents also includes cash maintained for gaming operations. The carrying amounts approximate the fair value because of the short maturity of those instruments (Level 1). Restricted Cash and Investments. Restricted cash includes cash reserved for unredeemed winning tickets from the Company’s racing operations, funds related to horsemen’s fines and certain simulcasting funds that are restricted to payments for improving horsemen’s facilities and racing purses, cash deposits that serve as collateral for letters of credit, surety bonds and short-term certificates of deposit that serve as collateral for certain bonding requirements. The estimated fair values of our restricted cash and investments are based upon quoted prices available in active markets (Level 1), or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold our restricted cash and investments. Restricted investments, included in Other Assets, net, relate to trading securities pledged as collateral by our captive insurance wholly-owned subsidiary. The Company also has certificates of deposit which are used for security with the Nevada Department of Insurance for its self‑insured workers compensation, West Virginia Division of Environmental Protection and Port Resources for the land lease at Lake Charles. The Nevada certificate of deposit of $628,000 matured on January 28, 2018 at which time it was renewed and the maturity date was extended to January 29, 2019. The West Virginia certificates of deposits in the amounts of $123,000 and $76,000 both mature on October 27, 2018 and the Lake Charles certificate of deposit is for $1.0 million and matures on July 13, 2018. Marketable Securities . Marketable securities consist primarily of trading securities held by the Company’s captive insurance subsidiary. The trading securities are primarily debt and equity securities that are purchased with the intention to resell in the near term. The trading securities are carried at fair value with changes in fair value recognized in current period income, and this accounting policy was implemented as of the Isle Acquisition Date. For the year ended December 31, 2017, we recorded a $0.1 million loss related to the change in fair value which is included in corporate expenses in the accompanying statements of income. Accounts Receivable and Credit Risk. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of casino accounts receivable. The Company issues markers to approved casino customers following background checks and assessments of creditworthiness. Trade receivables, including casino and hotel receivables, are typically non‑interest bearing. Accounts are written off when management deems the account to be uncollectible. Recoveries of accounts previously written off are recorded when received. An estimated allowance for doubtful accounts is maintained to reduce the Company’s receivables to their carrying amount, which approximates fair value. The allowance is estimated based on specific review of customer accounts as well as historical collection experience and current economic and business conditions. Management believes that as of December 31, 2017 and 2016, no significant concentrations of credit risk related to receivables existed. Inventories. Inventories are stated at the lower of average cost, using a first‑in, first‑out basis, or market. Inventories consist primarily of food and beverage, retail merchandise and operating supplies. Property and Equipment. Property and equipment are stated at cost. Depreciation is computed using the straight‑line method over the estimated useful life of the asset or the term of the capitalized lease, whichever is less. Costs of major improvements are capitalized, while costs of normal repairs and maintenance are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in operating income. Buildings and improvements 10 to 40 years Land improvements 10 to 20 years Furniture, fixtures and equipment 3 to 20 years Riverboat 10 to 25 years Investment in Unconsolidated Affiliates. The Company’s investments in unconsolidated affiliates which are 50% or less owned are accounted for under the equity method and included in other assets, net. The Company does have variable interests in variable interest entities; however, we are not the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. The Company considers whether the fair values of any of its equity method investments have declined below their carrying value whenever adverse events or changes in circumstances indicate that recorded values may not be recoverable. Estimated fair value is determined using a discounted cash flow analysis based on estimated future results of the investee and market indicators of terminal year capitalization rate. There were no impairments of the Company’s equity method investments during 2017, 2016 or 2015. Goodwill and Other Intangible Assets and Non‑Operating Real Properties. Goodwill represents the excess of purchase price over fair market value of net assets acquired in business combinations. Goodwill and indefinite-lived intangible assets must be reviewed for impairment at least annually and between annual test dates in certain circumstances. The Company performs its annual impairment tests in the fourth quarter of each fiscal year. As a result of the annual impairment review for goodwill and indefinite-lived intangible assets, the Company recorded impairment charges of $34.9 million and $3.1 million related to goodwill and trade names, respectively, in 2017. No impairments were indicated as a result of the annual impairment review for goodwill and indefinite-lived intangible assets in 2016 or 2015. We have designated certain assets, consisting principally of land and undeveloped properties, as non‑operating real property and have declared our intent to sell those assets. However, we do not anticipate that we will be able to sell the majority of the assets within the next twelve months. As such, these properties are not classified as held‑for‑sale as of December 31, 2017. Indefinite‑Lived Intangible Assets. Indefinite‑lived intangible assets consist primarily of expenditures associated with obtaining racing and gaming licenses. Indefinite‑lived intangible assets are not subject to amortization, but are subject to an annual impairment test. If the carrying amount of an indefinite‑lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess amount. Self‑Insurance Reserves. The Company is self‑insured for various levels of general liability, employee medical insurance coverage and workers’ compensation coverage. Insurance claims and reserves include accruals of estimated settlements for known claims, as well as accruals of estimates for claims incurred but not yet reported. We utilize independent consultants to assist management in its determination of estimated insurance liabilities. While the total cost of claims incurred depends on future developments, in managements’ opinion, recorded reserves are adequate to cover future claims payments. Self-in surance reserves for employee medical claims and workers’ compensations are included in accrued payroll and related on the consolidated balance sheets. Self-in surance reserves for general liability claims are included in accrued other liabilities on the consolidated balance sheets . Outstanding Chip Liability. The Company recognizes the impact on gaming revenues on an annual basis to reflect an estimate of the change in the value of outstanding chips that are not expected to be redeemed. This estimate is determined by measuring the difference between the total value of chips placed in service less the value of chips in the inventory of chips under our control. This measurement is performed on an annual basis utilizing a methodology in which a consistent formula is applied to estimate the percentage value of chips not in custody that are not expected to be redeemed. In addition to the formula, certain judgments are made with regard to various denominations and souvenir chips. The outstanding chip liability is included in accrued other liabilities on the consolidated balance sheets. Loyalty Program. The Company offers programs at its properties whereby our participating patrons can accumulate points for wagering that can be redeemed for credits for free play on slot machines, lodging, food and beverage, merchandise and in limited situations, cash. Based upon the estimated redemptions of frequent player program points, an estimated liability is established for the cost of redemption of earned but unredeemed points. The estimated cost of redemption utilizes estimates and assumptions of the mix of the various product offerings for which the points will be redeemed and costs of such product offerings. Changes in the programs, membership levels and changes in the redemption patterns of our participating patrons can impact this liability. The loyalty program liability is included in accrued other liabilities on the consolidated balance sheets. Revenues and Promotional Allowances. The Company recognizes as casino revenue the net win from gaming activities, which is the difference between gaming wins and losses. Progressive jackpots are accrued and charged to revenue at the time the obligation to pay the jackpot is established. Gaming revenues are recognized net of certain cash and free play incentives. Pari‑mutuel commissions consist of commissions earned from thoroughbred and harness racing and importing of simulcast signals from other race tracks and are recognized at the time wagers are made. Such commissions are a designated portion of the wagering handle as determined by state racing commissions, and are shown net of the taxes assessed by state and local agencies, as well as purses and other contractual amounts paid to horsemen associations. The Company recognizes revenues from fees earned through the exporting of simulcast signals to other race tracks at the time wagers are made. Such fees are based upon a predetermined percentage of handle as contracted with the other race tracks. Hotel, food and beverage, and other operating revenues are recognized as services are performed. Advance deposits on rooms and advance ticket sales are recorded as accrued liabilities until services are provided to the customer. The retail value of food, beverage, rooms and other services furnished to customers on a complimentary basis is included in gross revenues and then deducted as promotional allowances. The Company rewards customers, through the use of our loyalty programs, with complimentaries based on amounts wagered or won that can be redeemed for a specified time period. The Company also offers discretionary coupons to our customers, the retail values of which are included as a component of promotional allowances in the accompanying consolidated statements of income in accordance with FASB Section 605‑50 for revenue recognition. The retail value of complimentaries included in promotional allowances is as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 87,677 $ 56,335 $ 44,998 Hotel 37,117 27,070 15,711 Other 8,291 6,895 4,048 $ 133,085 $ 90,300 $ 64,757 The costs of providing such complimentary services are recorded in casino expenses in the accompanying consolidated statements of income and are estimated as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 73,823 $ 39,288 $ 31,220 Hotel 15,795 10,077 6,638 Other 6,295 4,672 2,330 $ 95,913 $ 54,037 $ 40,188 Advertising. Advertising costs are expensed in the period the advertising initially takes place and are included in marketing and promotions expenses. Advertising costs included in marketing and promotion expenses were $33.0 million, $15.5 million and $11.0 million for the years ended December 31, 2017, 2016 and 2015, respectively. Income Taxes. We account for income taxes in accordance with ASC Topic 740, Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred income tax liabilities and deferred income tax assets for the difference between the book basis and tax basis of assets and liabilities. We have recorded valuation allowances related to net operating loss carry forwards and certain temporary differences. Recognizable future tax benefits are subject to a valuation allowance, unless such tax benefits are determined to be more-likely-than-not realizable. We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. Stock‑Based Compensation. We account for stock‑based compensation in accordance with ASC Topic 718, Compensation—Stock Compensation . ASC 718 requires all share‑based payments to employees and non‑employee members of the Board of Directors, including grants of stock options and restricted stock units (“RSUs”), to be recognized in the consolidated statements of income based on their fair values and that compensation expense be recognized for awards over the requisite service period of the award or until an employee’s eligible retirement date, if earlier. Earnings per Share. Basic earnings per share is computed by dividing net income (loss) by the weighted average shares outstanding during the reporting period. Diluted earnings per share is computed similarly to basic earnings per share except that the weighted average shares outstanding are increased to include additional shares from the assumed exercise of stock options and the assumed vesting of restricted share units, if dilutive. The number of additional shares is calculated by assuming that outstanding stock options were exercised, that outstanding restricted share units were released and that the proceeds from such activities were used to acquire shares of common stock at the average market price during the reporting period. Reclassifications Certain reclassifications of prior period presentations have been made to conform to the current period presentation. Recently Issued Accounting Pronouncements – New Developments In May 2014 (amended January 2017), the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” (Topic 606) which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and eliminates existing industry guidance, including revenue recognition guidance specific to the gaming industry. The FASB has also recently issued several amendments to the standard, including narrow-scope improvements and practical expedients (ASU 2016-12) and clarification on accounting for and identifying performance obligations (ASU 2016-10). The core principle of the revenue model indicates that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and jurisdictions and also requires enhanced disclosures. The guidance is effective for interim and annual periods beginning after December 15, 2017. While early adoption is permitted for interim and annual periods beginning after December 15, 2016, we adopted this standard effective January 1, 2018, and elected to apply the full retrospective adoption method. The adoption of the new standard on January 1, 2018, principally affects the presentation of promotional allowances and how the Company measures the liability associated with our customer loyalty programs. The current presentation of gross revenues for complimentary goods and services provided to guests with a corresponding offsetting amount included in promotional allowances will be eliminated. This adjustment in presentation of promotional allowances will not have an impact on the Company’s historically reported net operating revenues. Liabilities associated with our customer loyalty programs are no longer valued at cost; rather a deferred revenue model is used to account for the classification and timing of revenue to be recognized related to the redemption of loyalty program liabilities by the customer. Points earned under the Company’s loyalty programs are deemed to be separate performance obligations, and recorded as a reduction of casino revenues when earned at the retail value of such benefits owed to the customer and recognized as departmental revenue based on where such points are redeemed, upon fulfillment of the performance obligation. Upon adoption, the Company’s change in liability associated with the customer loyalty programs will not be significant. Accordingly, we expect the cumulative effect adjustment to our retained earnings upon adoption will not be significant. Subsequent to the adoption of Topic 606, food and beverage, lodging and other services furnished to our guests on a complimentary basis will be measured at the respective estimated standalone selling prices and included as revenues within food and beverage, lodging, and retail, entertainment and other, which will result in a corresponding decrease in gaming revenues. The costs of providing such complimentary goods and services will be included as expenses within food and beverage, lodging, and retail, entertainment and other, which will result in a decrease in casino expenses. Additionally, as a result of the adoption of the new standard, certain adjustments and other reclassifications to and between revenue categories and to and between expense categories were required; however, the amounts associated with such adjustments will not have a significant impact on the Company’s previously reported operating income or net income. In January 2017, the FASB issued Accounting Standards Update ASU No. 2017-04, “Intangibles – Goodwill and Other: Simplifying the Test for Goodwill Impairment.” This amended guidance is intended to simplify how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of goodwill. Under the amended guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. The elimination of Step 2 from the goodwill impairment test should reduce the cost and complexity of evaluating goodwill for impairment. Amendments should be applied on a prospective basis disclosing the nature of and reason for the change in accounting principle upon transition. Disclosure should be provided in the first annual period and in the interim period in which the entity initially adopts the amendments. Updated amendments are effective for the interim and annual periods beginning after December 15, 2019 , and early adoption is permitted. We adopted this guidance effective October 1, 2017, and, in conjunction with the Company’s annual impairment assessment, recorded a $34.9 million goodwill impairment charge in 2017. In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations – Clarifying the Definition of a Business.” This amendment is intended to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisition (or disposals) of assets or businesses. Amendments in this update provide a more robust framework to use in determining when a set of assets and activities is a business and to provide more consistency in applying the guidance, reduce the costs of application, and make the definition of a business more operable. The amendments are effective for interim and annual periods beginning after December 15, 2017. Early adoption is allowed as follows: (1) transactions for which acquisition date occurs before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance and (2) transactions in which a subsidiary is deconsolidated or a group of assets is derecognized that occur before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance. We currently anticipate adopting this accounting standard during the first quarter of 2018, and the adoption will result in future acquisitions which do not involve substantive processes being accounted for as asset acquisitions. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows – Restricted Cash.” This guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash and cash equivalents. The amendments in this update are effective for the interim and annual periods beginning after December 15, 2017. Early adoption is permitted, including adoption in an interim period. We adopted this standard effective January 1, 2018, which will impact the presentation of the Statement of Cash Flows as well as require additional footnote disclosure to reconcile the balance sheet to the revised cash flow presentation. In August 2016, the FASB issued ASU No. 2016-15, “Classification of Certain Cash Receipts and Cash Payments.” This new guidance is intended to reduce diversity in practice in how certain cash receipts and payments are classified in the statement of cash flows, including debt prepayment or extinguishment costs, the settlement of contingent liabilities arising from a business combination, proceeds from insurance settlements, and distributions from certain equity method investees. The guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires application using a retrospective transition method. We adopted this standard effective January 1, 2018, which should not have a significant impact on our consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Accounting for Credit Losses,” which amends the guidance on the impairment of financial instruments. This update adds an impairment model (known as the current expected credit losses model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes, as an allowance, its estimate of expected credit losses. The effective date for this update is for the annual and interim periods beginning after December 15, 2019 and early adoption is permitted beginning after December 15, 2018. We are currently evaluating the impact of adopting this guidance on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases” which addresses the recognition and measurement of leases. Under the new guidance, for all leases (with the exception of short-term leases), at the commencement date, lessees will be required to recognize a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis, and a right-of-use (“ROU”) asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Further, the new lease guidance simplifies the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and liabilities, which no longer provides a source for off balance sheet financing. The effective date for this update is for the annual and interim periods beginning after December 15, 2018 with early adoption permitted. Lessees and lessors must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the consolidated financial statements. Currently, we do not have any material capital leases or any material operating leases where we are the lessor. Our operating leases, primarily relating to certain ground leases and slot machines or VLTs, will be recorded on the balance sheet as an ROU asset with a corresponding lease liability, which will be amortized using the effective interest rate method as payments are made. The ROU asset will be depreciated on a straight-line basis and recognized as lease expense. The qualitative and quantitative effects of adoption of ASU 2016-02 are still being analyzed, and we are in the process of evaluating the full effect the new guidance will have on our consolidated financial statements including any new considerations with respect to the Isle Acquisition.

Isle Acquisition and Reno Acqui

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting	12 Months Ended
	Dec. 31, 2017
Business Combinations [Abstract]
Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting	Note 3. Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting Preliminary Purchase Price Accounting – Isle of Capri On May 1, 2017, the Company completed its acquisition of Isle. The purchase consideration and allocation are still considered preliminary pending management’s final assessment of fair values. The total purchase consideration in the Isle Acquisition was determined with reference to the fair value on the date of the Merger Agreement as follows: Purchase consideration calculation (dollars in thousands, except shares and stock price) Shares Per share Cash paid for outstanding Isle common stock (1) $ 552,050 Shares of ERI common stock issued for Isle common stock (2) 28,468,182 $ 19.12 544,312 Cash paid by ERI to retire Isle's long-term debt (3) 828,000 Shares of ERI common stock for Isle equity awards (4) 10,383 Purchase consideration $ 1,934,745 (1) The cash component of the consideration represents 58% of the aggregate consideration paid in the Isle Acquisition. The Merger Agreement provided that Isle stockholders could elect to exchange each share of Isle common stock for either $23.00 in cash or 1.638 shares of ERI common stock, subject to proration such that the outstanding shares of Isle common stock will be exchanged for aggregate consideration comprised of 58% cash and 42% ERI common stock. See discussion of Stock Consideration component in note (2) below. (2) The Stock Consideration component of the consideration represents 42% of the aggregate consideration paid in the Isle Acquisition. The Merger Agreement provided that 58% of the aggregate consideration would be paid by ERI in cash, as described in note (1) above. The remaining 42% of the aggregate consideration was paid in shares of ERI common stock. The total Stock Consideration and per share consideration above were based on the ERI stock price on April 28, 2017 (the last business day prior to Isle Acquisition Date) which was $19.12 per share. (3) In addition to the cash paid to retire the principal amounts outstanding of Isle’s long-term debt, ERI paid $26.6 million in premiums and interest. (4) This amount represents consideration paid for the replacement of Isle’s outstanding equity awards. As discussed in Note 1, Isle’s outstanding equity awards were replaced by ERI equity awards with similar terms. A portion of the fair value of ERI awards issued represents consideration transferred, while a portion represents compensation expense based on the vesting terms of the equity awards. The following table summarizes the preliminary purchase accounting of the purchase consideration to the identifiable Current and other assets, net $ 135,925 Property and equipment 908,816 Goodwill 715,196 Intangible assets (i) 517,470 Other noncurrent assets 15,082 Total assets 2,292,489 Current liabilities (144,306 ) Deferred income taxes (ii) (186,772 ) Other noncurrent liabilities (26,666 ) Total liabilities (357,744 ) Net assets acquired $ 1,934,745 (i) Intangible assets consist of gaming licenses, trade names, and player relationships. (ii) Deferred tax liabilities were derived based on fair value adjustments for property and equipment and identified intangibles. During the three months ended December 31, 2017, the Company adjusted the Isle of Capri preliminary purchase price accounting, as disclosed in the June 30, 2017 and September 30, 2017 Form 10-Q filings, to their updated values. Except for the reclassification of the Lake Charles assets and liabilities, which were previously classified as assets held for sale as of the Isle Acquisition Date and reversed as a result of the sale termination, the updated purchase price accounting resulted in minimal changes and refinements by management. Valuation methodologies under both a market and income approach used for the identifiable net assets acquired in the Isle Acquisition make use of Level 1 and Level 3 inputs including quoted prices in active markets and discounted cash flows using current interest rates and are provisional pending development of a final valuation. Trade receivables and payables, inventory and other current and noncurrent assets and liabilities were valued at the existing carrying values as they represented the estimated fair value of those items at the Isle Acquisition Date, based on management’s judgement and estimates. The fair value of land was determined using the market approach, which arrives at an indication of value by comparing the site being valued to sites that have been recently acquired in arm’s-length transactions. The market data is then adjusted for any significant differences, to the extent known, between the identified comparable sites and the site being valued. Building and site improvements were valued using the cost approach using a direct cost model built on estimates of replacement cost. With respect to personal property components of the assets, personal property assets with an active and identifiable secondary market such as riverboats, gaming equipment, computer equipment and vehicles were valued using the market approach. Other personal property assets such as furniture, fixtures, computer software, and restaurant equipment were valued using the cost approach which is based on replacement or reproduction costs of the asset. The cost approach is an estimation of fair value developed by computing the current cost of replacing a property and subtracting any depreciation resulting from one or more of the following factors: physical deterioration, functional obsolescence, and/or economic obsolescence. The income approach incorporates all tangible and intangible property and served as a ceiling for the fair values of the acquired assets of the ongoing business enterprise, while still taking into account the premise of highest and best use. In the instance where the business enterprise value developed via the income approach was exceeded by the initial fair values of the underlying assets, an adjustment to reflect economic obsolescence was made to the tangible assets on a pro rata basis to reflect the contributory value of each individual asset to the enterprise as a whole. The fair value of the gaming licenses was determined using the excess earnings or replacement cost methodology based on the respective states’ legislation. The excess earnings methodology, which is an income approach methodology that allocates the projected cash flows of the business to the gaming license intangible assets less charges for the use of other identifiable assets of Isle including working capital, fixed assets and other intangible assets. This methodology was considered appropriate as the gaming licenses are the primary asset of Isle and the licenses are linked to each respective facility. Under the respective state’s gaming legislation, the property specific licenses can only be acquired if a theoretical buyer were to acquire each existing facility. The existing licenses could not be acquired and used for a different facility. The properties’ estimated future cash flows were the primary assumption in the respective valuations. Cash flow estimates included net gaming revenue, gaming operating expenses, general and administrative expenses, and tax expense. The replacement cost methodology is a cost approach methodology based on replacement or reproduction cost of the gaming license as an indicator of fair value. Trademarks are valued using the relief from royalty method, which presumes that without ownership of such trademarks, ERI would have to make a stream of payments to a brand or franchise owner in return for the right to use their name. By virtue of this asset, ERI avoids any such payments and record the related intangible value of ERI’s ownership of the brand name. The primary assumptions in the valuation included revenue, pre-tax royalty rate, and tax expense. ERI has assigned an indefinite useful life to the gaming licenses, in accordance with its review of the applicable guidance of ASC Topic 350, “Intangibles-Goodwill and Other” (“ASC 350”). The standard required ERI to consider, among other things, the expected use of the asset, the expected useful life of other related asset or asset group, any legal, regulatory, or contractual provisions that may limit the useful life, ERI’s own historical experience in renewing similar arrangements, the effects of obsolescence, demand and other economic factors, and the maintenance expenditures required to obtain the expected cash flows. In that analysis, ERI determined that no legal, regulatory, contractual, competitive, economic or other factors limit the useful lives of these intangible assets. The acquired Isle properties currently have licenses in Louisiana, Pennsylvania, Iowa, Missouri, Mississippi, Florida and Colorado. The renewal of each state’s gaming license depends on a number of factors, including payment of certain fees and taxes, providing certain information to the state’s gaming regulator, and meeting certain inspection requirements. However, ERI’s historical experience has not indicated, nor does ERI expect, any limitations regarding its ability to continue to renew each license. No other competitive, contractual, or economic factor limits the useful lives of these assets. Accordingly, ERI has preliminarily concluded that the useful lives of these licenses are indefinite. For the period from the Isle Acquisition Date through December 31, 2017, Isle and its subsidiaries generated net revenue of $599.6 million and net income of $102.6 million. Final Purchase Price Accounting – Silver Legacy and Circus Reno On November 24, 2015, the Company acquired all of the assets and properties of Circus Reno and the 50% membership interest in the Silver Legacy Joint Venture owned by Galleon, Inc. The total purchase consideration was $223.6 million as presented in the following table. Purchase consideration calculation (dollars in thousands) Silver Legacy Circus Reno Total Cash consideration paid by ERI for MGM’s 50% equity interest and MGM’s member note $ 56,500 $ 16,000 $ 72,500 Fair value of ERI’s pre-existing 50% equity interest 56,500 — 56,500 Settlement of Silver Legacy’s long-term debt (1) 87,854 — 87,854 Prepayment penalty (1) 1,831 — 1,831 Closing Silver Legacy and Circus Reno net working capital (2) 6,124 2,111 8,235 Reverse member note (3) (6,107 ) — (6,107 ) Deferred tax liability 2,769 — 2,769 Purchase consideration $ 205,471 $ 18,111 $ 223,582 (1) Represents $5.0 million of short-term debt, $75.5 million of long-term debt, the remaining 50% of the $11.5 million of member notes (net of discount), and accrued interest of $1.6 million. Additionally, the Company paid a $1.8 million prepayment penalty as a result of the early payoff of the Silver Legacy long-term debt. (2) Per the Purchase and Sale Agreement, the purchase price was $72.5 million plus the Final Closing Net Working Capital (as defined in the Purchase and Sale Agreement). As agreed by both parties, the final working capital adjustment was $8.2 million. (3) Represents 50% of the $11.5 million of member notes (net of discount) due to ERI, and related accrued interest. This amount was settled in conjunction with the final, agreed-upon purchase consideration. The transaction was accounted for using the acquisition method. No goodwill resulted from the recording of this transaction. The following table summarizes the allocation of the final purchase consideration to the identifiable assets acquired and liabilities assumed in the Circus Reno/Silver Legacy Purchase. The fair values were based on management’s analysis, including work performed by third‑party valuation specialists. The following table summarizes the final purchase price accounting of the acquired assets and assumed liabilities (dollars in thousands): Silver Legacy Circus Reno Total Current and other assets, net $ 21,625 $ 2,115 $ 23,740 Property and equipment 168,037 14,996 183,033 Intangible assets (1) 5,000 1,000 6,000 Other noncurrent assets 10,809 — 10,809 Net assets acquired $ 205,471 $ 18,111 $ 223,582 (1) Intangible assets consist of trade names which are non-amortizable and loyalty programs which were amortized over one year. Valuation methodologies under both a market and income approach used for the identifiable net assets acquired in the Reno Acquisition make use of Level 1 and Level 3 inputs including quoted prices in active markets and discounted cash flows using current interest rates. Trade receivables and payables, inventory as well as other current and noncurrent assets and liabilities were valued at the existing carrying values as they represented the fair value of those items at the Reno Acquisition Date, based on management’s judgments and estimates. The fair value estimate of property and equipment utilized a combination of the cost and market approaches, depending on the characteristics of the asset classification. The fair value of land was determined using the market approach, which considers sales of comparable assets and applies compensating factors for any differences specific to the particular assets. With respect to personal property components of the assets (gaming equipment, furniture, fixtures and equipment, computers, and vehicles) the cost approach was used, which is based on replacement or reproduction costs of the asset. Building and site improvements were valued using the cost approach using a direct cost model built on estimates of replacement cost. Trade names were valued using the relief‑from‑royalty method. The loyalty program was valued using a comparative business valuation method. Management has assigned trade names an indefinite useful life, in accordance with its review of applicable guidance of ASC Topic No. 350, Intangibles—Goodwill and Other For the period from the Reno Acquisition Date through December 31, 2015, the Silver Legacy generated net revenue of $13.5 million and a net loss of $0.3 million. Circus Reno generated net revenues of $8.3 million and net income of $1.4 million during the same period. Unaudited Pro Forma Information – Isle Acquisition The following unaudited pro forma information presents the results of operations of the Company for the years ended December 31, 2017 and 2016, as if the Isle Acquisition had both occurred on January 1, 2016 (in thousands except per share data). For the years ended December 31, 2017 2016 Net revenues $ 1,803,522 $ 1,832,601 Net income 173,587 28,413 These pro forma results do not necessarily represent the results of operations that would have been achieved if the acquisition had taken place on January 1, 2016, nor are they indicative of the results of operations for future periods. The pro forma amounts include the historical operating results of the Company and Isle prior to the Isle Acquisition with adjustments directly attributable to the Isle Acquisition.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Accounts Receivable	Note 4. Accounts Receivable Components of accounts receivable, net are as follows (in thousands): December 31, 2017 2016 Accounts receivable $ 47,017 $ 15,915 Allowance for doubtful accounts (1,220 ) (1,221 ) Total $ 45,797 $ 14,694 Reserve for Uncollectible Accounts Receivable We reserve an estimated amount for receivables that may not be collected. Methodologies for estimating bad debt reserves range from specific reserves to various percentages applied to aged receivables. Historical collection rates are considered, as are customer relationships, in determining specific reserves. As with many estimates, management must make judgments about potential actions by third parties in establishing and evaluating our reserves for bad debts. In 2017 and 2016, the Company’s bad debt expense totaled $0.5 million and $0.2 million, respectively.

Investment in Unconsolidated Af

Investment in Unconsolidated Affiliates	12 Months Ended
	Dec. 31, 2017
Equity Method Investments And Joint Ventures [Abstract]
Investment in Unconsolidated Affiliates	Note 5. Investment in Unconsolidated Affiliates Hotel Partnership. The Company holds a 42.1% variable interest in a partnership with other investors that developed a new 118-room Hampton Inn & Suites hotel at Scioto Downs that opened in March 2017. Pursuant to the terms of the partnership agreement, the Company contributed $1.0 million of cash and 2.4 acres of a leasehold immediately adjacent to The Brew Brothers microbrewery and restaurant at Scioto Downs. The partnership constructed the hotel at a cost of $16.0 million and other investor members operate the hotel. In November 2017, the Company contributed $0.6 million to the partnership for its proportionate share of additional construction costs pursuant to the partnership agreement. At December 31, 2017 and 2016, the Company’s investment in the partnership was $1.5 million and $1.3 million, respectively, recorded in “Other Assets, Net” in the consolidated balance sheets, representing the Company’s maximum loss exposure. As of December 31, 2017, the Company’s receivable from the partnership totaled $0.2 million and is reflected on the accompanying balance sheet under “Due from Affiliates.” Silver Legacy Joint Venture. Effective March 1, 1994, Eldorado Limited Liability Company (“ELLC”) and Galleon, Inc. entered into the Silver Legacy Joint Venture pursuant to a joint venture agreement (the “Joint Venture Agreement”) to develop the Silver Legacy. On the Reno Acquisition Date, Eldorado Resorts LLC consummated the acquisition of the other 50% membership interest in the Silver Legacy Joint Venture owned by Galleon, Inc. pursuant to the Purchase Agreement. As a result of these transactions, ELLC became a wholly-owned subsidiary of ERI and Silver Legacy became an indirect wholly‑owned subsidiary of ERI. In conjunction with the Reno Acquisition, we recorded a $35.6 million gain related to the valuation of the pre-acquisition investment in the Silver Legacy Joint Venture. Equity in income related to the Silver Legacy Joint Venture for the 2015 period prior to the Reno Acquisition Date amounted to $3.5 million. Summarized information for the Company’s investment in and advances to the Silver Legacy Joint Venture for 2015 prior to its acquisition by the Company is as follows (in thousands): Period from, January 1, 2015 through November 23, 2015 Beginning balance $ 14,009 Equity in income of unconsolidated affiliate 3,460 Valuation of unconsolidated affiliate 35,582 Net acquisition of non-controlling interest 3,449 Ending balance $ 56,500 Summarized results of operations for the Silver Legacy Joint Venture are as follows (in thousands): Period from, January 1, 2015 through November 23, 2015 Net revenues $ 117,029 Operating expenses (90,608 ) Operating income 26,421 Other expense (19,226 ) Net income $ 7,195

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment Net [Abstract]
Property and Equipment	Note 6. Property and Equipment Property and equipment consisted of the following (in thousands): December 31, 2017 2016 Land and improvements $ 284,374 $ 54,604 Buildings and other leasehold improvements 1,187,642 628,390 Riverboat 61,091 40,148 Furniture, fixtures and equipment 420,399 251,504 Furniture, fixtures and equipment held under capital leases (Note 16) 870 3,571 Construction in progress 14,451 6,985 1,968,827 985,202 Less—Accumulated depreciation and amortization (466,010 ) (372,860 ) Property and equipment, net $ 1,502,817 $ 612,342 Substantially all property and equipment is pledged as collateral under our long‑term debt (see Note 9). Depreciation expense, including amortization expense on capital leases, was $100.9 million, $58.9 million and $51.0 million for the years ended December 31, 2017, 2016 and 2015, respectively. At December 31, 2017 and 2016, accumulated depreciation and amortization includes $0.4 million and $2.9 million, respectively, related to assets acquired under capital leases.

Other and Intangible Assets, Ne

Other and Intangible Assets, Net	12 Months Ended
	Dec. 31, 2017
Other And Intangible Assets Net Disclosure [Abstract]
Other and Intangible Assets, Net	Note 7. Other and Intangible Assets, net Other and intangible assets, net, include the following amounts (in thousands): December 31, 2017 2016 Useful Life Goodwill $ 747,106 $ 66,826 Indefinite Gaming licenses $ 877,174 $ 482,074 Indefinite Trade names 108,250 3,100 Indefinite Trade names 6,700 6,700 1 - 3.5 years Loyalty programs 21,820 7,700 1 - 3 years Subtotal 1,013,944 499,574 Accumulated amortization trade names (6,290 ) (4,376 ) Accumulated amortization loyalty programs (10,838 ) (7,700 ) Total gaming licenses and other intangible assets $ 996,816 $ 487,498 Non-operating real property $ 18,069 $ 14,219 Unamortized debt issuance costs - New Revolving Credit Facility $ 8,616 $ — Restricted cash 9,886 — Other 12,130 11,406 Total other assets, net $ 30,632 $ 11,406 Goodwill is the excess of the purchase price of acquiring MTR Gaming and Isle over the fair market value of the net assets acquired. Gaming licenses represent intangible assets acquired from the purchase of a gaming entity located in a gaming jurisdiction where competition is limited, such as when only a limited number of gaming operators are allowed to operate in the jurisdiction. These gaming license rights are not subject to amortization as the Company has determined that they have indefinite useful lives. During the fourth quarter of 2017, the Company performed its annual impairment tests of its intangible assets by reviewing each of its reporting units. The goodwill analysis of the Company’s Lake Charles, Lula and Vicksburg reporting units indicated the fair value of Lake Charles’ and Vicksburg’s goodwill and all three reporting units’ trade names were less than their carrying values. The Company adopted the new guidance under ASU No. 2017-04, which eliminated Step 2 from the impairment test. As a result of its analysis, the Company recorded a $38.0 million impairment charge in 2017 comprised of the following: $1.5 million, $0.3 million and $1.3 million related to trade names for Lake Charles, Lula and Vicksburg, respectively, and $11.7 million and $23.2 million related to goodwill for Lake Charles and Vicksburg, respectively. The Company’s goodwill impairment charges in 2017 were primarily the result of expected decreases in future cash flows as a result of unfavorable economic conditions and the impact of changes in our competitors. The non-recurring fair values used in our determination of the goodwill impairment charges considered Level 2 and 3 inputs, including the review of comparable activities in the marketplace, discounted cash flows and market based multiple valuation methods. The Company’s trade name impairment charges in 2017 were primarily the result of expected decreases in future net revenues. The non-recurring fair values used in our determination of the trade name impairment charges considered Level 2 and 3 inputs, including use of the relief‑from‑royalty method. Amortization expense with respect to trade names and the loyalty program for the year ended December 31, 2017 and 2016 amounted to $5.1 million and $4.5 million, respectively, which is included in depreciation and amortization in the consolidated statements of income. Such amortization expense is expected to be $5.0 million, $4.6 million, and $1.5 million for the years ended December 31, 2018, 2019 and 2020, respectively.

Accrued Other Liabilities

Accrued Other Liabilities	12 Months Ended
	Dec. 31, 2017
Payables And Accruals [Abstract]
Accrued Other Liabilities	Note 8. Accrued Other Liabilities Accrued other liabilities consisted of the following (in thousands): December 31, 2017 2016 Accrued general liability claims $ 13,816 $ 3,228 Unclaimed chips 4,743 1,946 Accrued purses and track related liabilities 3,256 1,007 Jackpot progressives and other accrued gaming liabilities 18,724 6,678 Player's point liabilities 7,061 2,989 Construction payables 5,276 4,005 Other 8,470 7,795 Total accrued other liabilities $ 61,346 $ 27,648

Long-Term Debt and Other Long-T

Long-Term Debt and Other Long-Term Liabilities	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Other Long-Term Liabilities	Note 9. Long‑Term Debt and Other Long-Term Liabilities Long-term debt consisted of the following (in thousands): December 31, 2017 2016 New Term Loan $ 956,750 $ — Less: Unamortized discount and debt issuance costs (18,748 ) — Net 938,002 — 6% Senior Notes 875,000 — Plus: Unamortized debt premium 26,605 — Less: Unamortized debt issuance costs (20,716 ) — Net 880,889 — 7% Senior Notes 375,000 375,000 Less: Unamortized discount and debt issuance costs (7,146 ) (8,141 ) Net 367,854 366,859 Term Loan — 418,625 Less: Unamortized discount and debt issuance costs — (12,578 ) Net — 406,047 Prior Revolving Credit Facility — 29,000 Less: Unamortized debt issuance costs — (2,023 ) Net — 26,977 Capital leases 917 543 Long-term notes payable 2,531 — Less: Current portion (615 ) (4,545 ) Total long-term debt $ 2,189,578 $ 795,881 Maturities of the principal amount of the Company’s long-term debt as of December 31, 2017 are as follows: Years ending December 31, (In thousands) 2018 $ 615 2019 425 2020 172 2021 116 2022 126 Thereafter 2,208,744 $ 2,210,198 In connection with the Isle Acquisition, the Company completed a debt financing transaction comprised of: (a) a senior secured credit facility in an aggregate principal amount of $1.75 billion with a (i) term loan facility of $1.45 billion and (ii) revolving credit facility of $300.0 million and (b) $375.0 million of 6% senior unsecured notes. The proceeds of such borrowings were used to pay the cash portion of the consideration payable in the Isle Merger, refinance all of Isle’s existing credit facilities, redeem or otherwise repurchase all of Isle’s and senior and senior subordinated notes, refinance the Company’s existing credit facility and pay transaction fees and expenses related to the foregoing. On September 13, 2017, the Company issued an additional $500.0 million in aggregate principal amount of its 6% Senior Notes (as defined below) at an issue price equal to 105.5% of the principal amount. The 6% Senior Notes were issued as additional notes under the 6% Senior Notes Indenture dated March 29, 2017 (as defined below), as supplemented by the supplemental indenture dated as of May 1, 2017 between the Company, the guarantors party thereto and U.S. Bank National Association, pursuant to which the Company previously issued $375.0 million aggregate principal amount of 6% Senior Notes. The additional 6% Senior Notes formed part of a single class of securities together with the initial 6% Senior Notes for all purposes under the 6% Senior Notes Indenture, including waivers, amendments, redemptions and offers to purchase. The Company used the proceeds of the offering to repay all of the outstanding borrowings under the New Revolving Credit Facility (as defined below) totaling $78.0 million and used the remainder to repay outstanding borrowings totaling $444.5 million under the New Term Loan plus related accrued interest. Amortization of the debt issuance costs and the discount and premium associated with our indebtedness totaled $6.3 million and $3.5 million for the years ended December 31, 2017 and 2016, respectively. Amortization of debt issuance costs is computed using the effective interest method and is included in interest expense. Amortization expense with respect to deferred financing costs on the Company’s senior secured notes amounted to $0.5 million for year ended December 31, 2015. In accordance with ASC Topic 470-50, “Debt Modifications and Extinguishments” (“ASC 470-50”), the Company recognized a loss totaling $ 27.3 $11.1 $38.4 Scheduled maturities of long‑term debt are $375.0 million in 2023, $956.8 million in 2024, and $875.0 million in 2025. The Company is a holding company with no independent assets or operations. Our 6% Senior Notes and 7% Senior Notes are fully and unconditionally guaranteed, on a joint and several basis, by the subsidiary guarantors. As of December 31, 2017, there were no significant restrictions on the ability of our subsidiaries to distribute cash to us or our guarantor subsidiaries. Other Long-Term Liabilities In conjunction with the Isle Acquisition, the Company acquired the existing lease and management agreements at its Nemacolin location. Under the terms of the agreements, Nemacolin Woodland Resort (“Resort”) provided land, land improvements and a building for the casino property. In accordance with ASC 840, the Company was deemed, for accounting purposes only, to be the owner of these assets provided by the Resort during the construction and casino operating periods due to the Company’s continuing involvement. Therefore, the transaction was accounted for using the direct financing method. As of December 31, 2017, the Company recorded property and equipment, net of accumulated depreciation, of $4.2 million, and a liability of $4.5 million in other long-term liabilities related to the agreement. In conjunction with the Isle Acquisition, the Company acquired the existing lease and management agreements at its Bettendorf location. Under the terms of the agreements with the City of Bettendorf, Iowa, the Company leases, manages, and provides financial and operating support for the convention center (Quad-Cities Waterfront Convention Center). In accordance with ASC 840, the Company was deemed, for accounting purposes only, to be the owner of the convention center due to the Company’s continuing involvement. Therefore, the transaction was accounted for using the direct financing method. As of December 31, 2017, the Company recorded property and equipment, net of accumulated depreciation, of $11.9 million, and a liability of $12.5 million in other long-term liabilities related to the agreement. Senior Notes 7.0% Senior Notes On July 23, 2015, the Company issued at par $375.0 million in aggregate principal amount of 7.0% senior notes due 2023 (“7% Senior Notes”) pursuant to the Indenture, dated as of July 23, 2015 (the “7% Senior Notes Indenture”), between the Company and U.S. Bank, National Association, as Trustee. The 7% Senior Notes will mature on August 1, 2023, with interest payable semi-annually in arrears on February 1 and August 1 of each year. On or after August 1, 2018, the Company may redeem all or a portion of the Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the Senior Notes redeemed, to the applicable redemption date, if redeemed during the twelve month period beginning on August 1 of the years indicated below: Year Percentage 2018 105.250 % 2019 103.500 % 2020 101.750 % 2021 and thereafter 100.000 % Prior to August 1, 2018, the Company may redeem all or a portion of the 7% Senior Notes at a price equal to 100% of the 7% Senior Notes redeemed plus accrued and unpaid interest to the redemption date, plus a “make-whole” premium. At any time prior to August 1, 2018, the Company is also entitled to redeem up to 35% of the original aggregate principal amount of the 7% Senior Notes with proceeds of certain equity financings at a redemption price equal to 107% of the principal amount of the 7% Senior Notes redeemed, plus accrued and unpaid interest. If the Company experiences certain change of control events (as defined in the 7% Senior Notes Indenture), it must offer to repurchase the 7% Senior Notes at 101% of their principal amount, plus accrued and unpaid interest to the applicable repurchase date. If the Company sells assets under certain circumstances and does not use the proceeds for specified purposes, the Company must offer to repurchase the 7% Senior Notes at 100% of their principal amount, plus accrued and unpaid interest to the applicable repurchase dates. The 7% Senior Notes are subject to redemption imposed by gaming laws and regulations of applicable gaming regulatory authorities. The 7% Senior Notes Indenture contains certain covenants limiting, among other things, the Company’s ability and the ability of its subsidiaries (other than its unrestricted subsidiaries) to: • pay dividends or distributions or make certain other restricted payments or investments; • incur or guarantee additional indebtedness or issue disqualified stock or create subordinated indebtedness that is not subordinated to the 7% Senior Notes or the guarantees of the 7% Senior Notes; • create liens; • transfer and sell assets; • merge, consolidate, or sell, transfer or otherwise dispose of all or substantially all of the Company’s assets; • enter into certain transactions with affiliates; • engage in lines of business other than the Company’s core business and related businesses; and • create restrictions on dividends or other payments by restricted subsidiaries. These covenants are subject to a number of exceptions and qualifications as set forth in the 7% Senior Notes Indenture. The 7% Senior Notes Indenture also provides for customary events of default which, if any of them occurs, would permit or require the principal of and accrued interest on such 7% Senior Notes to be declared due and payable. As of December 31, 2017, the Company was in compliance with all of the covenants under the 7% Senior Notes Indenture relating to the 7% Senior Notes. 6.0% Senior Notes On March 29, 2017, Eagle II Acquisition Company LLC (“Eagle II”), a wholly-owned subsidiary of the Company, issued $375.0 million aggregate principal amount of 6% Senior Notes due 2025 (the “6% Senior Notes”) pursuant to an indenture, dated as of March 29, 2017 (the “6% Senior Notes Indenture”), between Eagle II and U.S. Bank, National Association, as Trustee. The 6% Senior Notes will mature on April 1, 2025, with interest payable semi-annually in arrears on April 1 and October 1, commencing October 1, 2017. The proceeds of the offering, and additional funds in the amount of $1.9 million in respect of interest expected to be accrued on the 6% Senior Notes, were placed in escrow pending satisfaction of certain conditions, including consummation of the Isle Acquisition. In connection with the consummation of the Isle Acquisition on May 1, 2017, the escrowed funds were released and the Company assumed Eagle II’s obligations under the 6% Senior Notes and the 6% Senior Notes Indenture and certain of the Company’s subsidiaries (including Isle and certain of its subsidiaries) executed guarantees of the Company’s obligations under the 6% Senior Notes. On September 13, 2017, the Company issued an additional $500.0 million principal amount of its 6% Senior Notes at an issue price equal to 105.5% of the principal amount of the 6% Senior Notes. The additional notes were issued pursuant to the 6% Senior Notes Indenture that governs the 6% Senior Notes. The Company used the proceeds of the offering to repay $78.0 million of outstanding borrowings under the revolving credit facility and used the remainder to repay $444.5 million outstanding borrowings under the term loan facility and related accrued interest. On or after April 1, 2020, the Company may redeem all or a portion of the 6% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 6% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on April 1 of the years indicated below: Year Percentage 2020 104.500 % 2021 103.000 % 2022 101.500 % 2023 and thereafter 100.000 % Prior to April 1, 2020, the Company may redeem all or a portion of the 6% Senior Notes at a price equal to 100% of the 6% Senior Notes redeemed plus accrued and unpaid interest to the redemption date, plus a make-whole premium. At any time prior to April 1, 2020, the Company is also entitled to redeem up to 35% of the original aggregate principal amount of the 6% Senior Notes with proceeds of certain equity financings at a redemption price equal to 106% of the principal amount of the 6% Senior Notes redeemed, plus accrued and unpaid interest. If the Company experiences certain change of control events (as defined in the 6% Senior Notes Indenture), it must offer to repurchase the 6% Senior Notes at 101% of their principal amount, plus accrued and unpaid interest to the applicable repurchase date. If the Company sells assets under certain circumstances and does not use the proceeds for specified purposes, the Company must offer to repurchase the 6% Senior Notes at 100% of their principal amount, plus accrued and unpaid interest to the applicable repurchase date. The 6% Senior Notes are subject to redemption imposed by gaming laws and regulations of applicable gaming regulatory authorities. The 6% Senior Notes Indenture contains certain covenants limiting, among other things, the Company’s ability and the ability of its subsidiaries (other than its unrestricted subsidiaries) to: • pay dividends or distributions or make certain other restricted payments or investments; • incur or guarantee additional indebtedness or issue disqualified stock or create subordinated indebtedness that is not subordinated to the 6% Senior Notes or the guarantees of the 6% Senior Notes ; • create liens; • transfer and sell assets; • merge, consolidate, or sell, transfer or otherwise dispose of all or substantially all of the Company’s assets; • enter into certain transactions with affiliates; • engage in lines of business other than the Company’s core business and related businesses; and • create restrictions on dividends or other payments by restricted subsidiaries. These covenants are subject to a number of exceptions and qualifications as set forth in the 6% Senior Notes Indenture. The 6% Senior Notes Indenture also provides for customary events of default which, if any of them occurs, would permit or require the principal of and accrued interest on such 6% Senior Notes to be declared due and payable. As of December 31, 2017, the Company was in compliance with all of the covenants under the 6% Senior Notes Indenture relating to the 6% Senior Notes. Refinancing of the Term Loan and Revolving Credit Facility Credit Facility On July 23, 2015, the Company entered into a new $425.0 million seven year term loan (the “Term Loan”) and a $150.0 million five year revolving credit facility (the “Prior Revolving Credit Facility” and, together with the Term Loan, the “Prior Credit Facility”). The Term Loan bore interest at a rate per annum of, at the Company’s option, either LIBOR plus 3.25%, with a LIBOR floor of 1.0%, or a base rate plus 2.25%. Borrowings under the Prior Revolving Credit Facility bore interest at a rate per annum of, at the Company’s option, either LIBOR plus a spread ranging from 2.5% to 3.25% or a base rate plus a spread ranging from 1.5% to 2.25%, in each case with the spread determined based on the Company’s total leverage ratio. Additionally, the Company paid a commitment fee on the unused portion of the Prior Revolving Credit Facility not being utilized in the amount of 0.50% per annum. On May 1, 2017, all of the outstanding amounts under the Prior Credit Facility were repaid with proceeds of borrowings under the New Credit Facility and the Prior Credit Facility was terminated. New Credit Facility On April 17, 2017, Eagle II entered into a new credit agreement by and among Eagle II, as initial borrower, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto dated as of April 17, 2017 (the “New Credit Facility”), consisting of a $1.45 billion term loan facility (the “New Term Loan Facility” or “New Term Loan”) and a $300.0 million revolving credit facility (the “New Revolving Credit Facility”), which was undrawn at closing. As of December 31, 2017, the Company had $956.8 million outstanding on the New Term Loan. There were no borrowings outstanding under the New Revolving Credit Facility as of December 31, 2017. The Company had $291.6 million of available borrowing capacity, after consideration of $8.4 million in outstanding letters of credit, under its New Revolving Credit Facility as of December 31, 2017. At December 31, 2017, the weighted average interest rate on the New Term Loan was 3.6%, and the weighted average interest rate on the New Revolving Credit Facility was 4.0% based upon the weighted average interest rate of borrowings outstanding during 2017. The Company applied the net proceeds of the New Term Loan Facility and borrowings under the New Revolving Credit Facility, together with the proceeds of the 6% Senior Notes and cash on hand, to (i) pay the cash portion of the consideration payable in the Isle Merger, (ii) refinance all of the debt outstanding under Isle’s existing credit facility, (iii) redeem or otherwise repurchase all of Isle’s outstanding senior and senior subordinated notes, (iv) refinance the Company’s Prior Credit Facility and (v) pay fees and costs associated with the foregoing. The Company ’ ’ The interest rate per annum applicable to loans under the New Revolving Credit Facility are, at our option, either (i) LIBOR plus a margin ranging from 1.75% to 2.50% or (ii) a base rate plus a margin ranging from 0.75% to 1.50%, which margin is based on our total leverage ratio. The interest rate per annum applicable to the loans under the New Term Loan Facility is, at our option, either (i) LIBOR plus 2.25%, or (ii) a base rate plus 1.25%; provided, however, that in no event will LIBOR be less than zero or the base rate be less than 1.00% over the term of the New Term Loan Facility or the New Revolving Credit Facility. Additionally, the Company pays a commitment fee on the unused portion of the New Revolving Credit Facility not being utilized in the amount of 0.50% per annum. The New Credit Facility contains a number of customary covenants that, among other things, restrict, subject to certain exceptions, the Company ’ The New Credit Facility is secured by substantially all of the Company’s personal property assets and substantially all personal property assets of each subsidiary that guaranties the New Credit Facility (other than certain subsidiary guarantors designated as immaterial) (the “New Credit Facility Guarantors”), whether owned on the closing date of the New Credit Facility or thereafter acquired, and mortgages on the real property and improvements owned or leased us or the New Credit Facility Guarantors. The New Credit Facility is also secured by a pledge of all of the equity owned by the Company and the New Credit Facility Guarantors (subject to certain gaming law restrictions). The credit agreement governing the New Credit Facility contains a number of customary covenants that, among other things, restrict, subject to certain exceptions, the Company’s ability and the ability of the New Credit Facility Guarantors to incur additional indebtedness, create liens, engage in mergers, consolidations or asset dispositions, make distributions, make investments, loans or advances, engage in certain transactions with affiliates or subsidiaries or make capital expenditures. The New Credit Facility also includes certain financial covenants, including the requirements that we maintain throughout the term of the New Credit Facility and measured as of the end of each fiscal quarter, and solely with respect to loans under the New Revolving Credit Facility, a maximum consolidated total leverage ratio of not more than 6.50 to 1.00 for the period beginning on the closing date and ending with the fiscal quarter ending December 31, 2018, 6.00 to 1.00 for the period beginning with the fiscal quarter beginning January 1, 2019 and ending with the fiscal quarter ending December 31, 2019, and 5.50 to 1.00 for the period beginning with the fiscal quarter beginning January 1, 2020 and thereafter. The Company will also be required to maintain an interest coverage ratio in an amount not less than 2.00 to 1.00 measured on the last day of each fiscal quarter beginning on the closing date, and ending with the fiscal quarter ending December 31, 2018, 2.50 to 1.00 for the period beginning with the fiscal quarter beginning January 1, 2019 and ending with the fiscal quarter ending December 31, 2019, and 2.75 to 1.00 for the period beginning with the fiscal quarter beginning January 1, 2020 and thereafter. The New Credit Facility contains a number of customary events of default, including, among others, for the non-payment of principal, interest or other amounts, the inaccuracy of certain representations and warranties, the failure to perform or observe certain covenants, a cross default to our other indebtedness including the Notes, certain events of bankruptcy or insolvency; certain ERISA events, the invalidity of certain loan documents, certain changes of control and the loss of certain classes of licenses to conduct gaming. If any event of default occurs, the lenders under the New Credit Facility would be entitled to take various actions, including accelerating amounts outstanding thereunder and taking all actions permitted to be taken by a secured creditor .

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 10. Income Taxes On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act makes broad and complex changes to the U.S. tax code, including, but not limited to, (1) reducing the U.S. federal corporate tax rate from 35% to 21%; (2) eliminating the corporate alternative minimum tax (AMT) and changing how existing AMT credits can be realized; (3) creating a new limitation on deductible interest expense; (4) changing rules related to uses and limitations of net operating loss carryforwards created in tax years beginning after December 31, 2017; (5) bonus depreciation that will allow for full expensing of qualified property; and (6) limitations on the deductibility of certain executive compensation. The SEC staff issued Staff Accounting Bulletin (“SAB”) 118, which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Tax Act for which the accounting under ASC 740 is complete. To the extent that a company’s accounting for certain income tax effects of the Tax Act is incomplete but it is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of the provisions of the tax laws that were in effect immediately before the enactment of the Tax Act. In connection with our initial analysis of the impact of the Tax Act, for certain of our net deferred tax liabilities, we have recorded a decrease of $112.4 million, net of the related change in valuation allowance, with a corresponding net adjustment to deferred income tax benefit for the year ending December 31, 2017 as a result of the corporate rate reduction. While we were able to make a reasonable estimate of the impact of the reduction in the corporate rate, it may be affected by other analyses related to the Tax Act, including, but not limited to additional guidance issued by the U.S. Treasury Department and the Internal Revenue Service regarding compensation deferred taxes, as well as the state tax effect of adjustments made to federal temporary differences. While we have not yet completed all of the computations necessary or completed an inventory of our 2017 expenditures that qualify for immediate expensing, we have recorded a provisional benefit based on our current intent to fully expense all qualifying expenditures. This did not result in any significant change to our current income tax payable or in our deferred tax liabilities due to our federal and state net operating loss carry forwards. The components of the Company’s provision for income taxes for the years ended December 31, 2017, 2016 and 2015 are presented below (amounts in thousands). 2017 2016 2015 Current: Federal $ (3,959 ) $ (12 ) $ (29 ) State 380 1,173 665 Local (627 ) 739 557 Total current (4,206 ) 1,900 1,193 Deferred: Federal (105,058 ) 12,881 (68,103 ) State (29 ) (1,448 ) (2,691 ) Local (7,977 ) (89 ) 21 Total deferred (113,064 ) 11,344 (70,773 ) Income tax (benefit) expense $ (117,270 ) $ 13,244 $ (69,580 ) The following is a reconciliation of the statutory federal income tax rate to the Company’s effective tax rate for the years ended December 31, 2017, 2016 and 2015: 2017 2016 2015 Federal statutory rate 35.0 % 35.0 % 35.0 % State and local taxes 2.8 % 4.3 % 1.0 % State tax rate adjustment 5.7 % — % (3.3 ) % Stock compensation 2.3 % (2.0 ) % — % Permanent items (4.6 ) % 1.5 % 0.4 % Goodwill impairment (27.1 ) % — % — % Transaction expenses (10.7 ) % — % — % Tax Cuts and Jobs Act 265.5 % — % — % Valuation allowance (2.3 ) % (3.6 ) % (180.5 ) % Minority interest (0.1 ) % 0.1 % 0.2 % Change in tax status — % — % 18.2 % Non-taxable gain on fair value adjustment — % — % (27.9 ) % Credits 3.5 % (1.8 ) % (1.0 ) % Other 0.6 % 1.3 % 1.9 % Effective income tax rate 270.6 % 34.8 % (156.0 ) % For the year ended December 31, 2017, the difference between the effective rate and the statutory rate is attributable primarily to the impact of the Tax Act discussed more fully below, non-deductible asset impairment charges and non-deductible transaction costs incurred and changes in the effective state tax rate associated with the acquisition of Isle of Capri For the year ended December 31, 2016, the difference between the effective rate and the statutory rate is attributable primarily to the release of a majority of the state valuation allowances on the Company’s West Virginia deferred tax assets and excess tax benefits on stock compensation under Accounting Standards Update 2016-09, Compensation – Stock Compensation, which the Company adopted effective the first quarter of 2016. The Company continues to provide for a valuation allowance against net federal and state deferred tax assets associated with non-operating land, the sale of which could result in capital losses that can only be offset against capital gains. As of December 31, 2016, the Company also continued to provide for a valuation allowance against net state deferred tax assets relating to operations in Pennsylvania. Management determined it was not more-likely-than-not that the Company will realize these net deferred tax assets. For the year ended December 31, 2015, the difference between the effective rate and the statutory rate is attributable primarily to the release of a majority of the federal and related state valuation allowances on the Company’s deferred tax assets and the non-taxable gain on the fair value adjustment of a previously unconsolidated affiliate. The Company continues to provide for a valuation allowance against net federal and state deferred tax assets associated with non-operating land, the sale of which could result in capital losses that can only be offset against capital gains. As of December 31, 2015, the Company also continued to provide for a valuation allowance against net state deferred tax assets relating to operations in Pennsylvania and West Virginia. Management determined it was not more-likely-than-not that the Company will realize these net deferred tax assets. A valuation allowance is recognized if, based on the weight of available evidence, it is more-likely-than-not that some portion, or all, of the deferred tax asset will not be realized. Management must analyze all available positive and negative evidence regarding realization of the deferred tax assets and make an assessment of the likelihood of sufficient future taxable income. For the year ended December 31, 2015, the Company was in a three-year cumulative income position and management concluded it was more-likely-than-not to realize its federal, Louisiana and City of Columbus, Ohio deferred tax assets, with the exception of non-operating land. The recognition of the federal deferred tax assets during 2015 resulted in an income tax benefit of $80.3 million. For the year ended December 31, 2016, the Company remained in a three-year cumulative income position and management concluded it was more-likely-than-not to realize its federal, Louisiana, City of Columbus, Ohio and West Virginia deferred tax assets, with the exception of non-operating land. The recognition of the West Virginia deferred tax assets during 2016 resulted in an income tax benefit of $1.4 million. For the year ended December 31, 2017, the Company remained in a three-year cumulative income position and management concluded it is more-likely-than-not to realize its federal, City of Columbus, Ohio, City of Kansas City, Missouri, West Virginia, Missouri and certain Pennsylvania, Colorado and Florida deferred tax assets, with the exception of non-operating land. The recognition of the Pennsylvania deferred tax assets during 2017 resulted in an income tax benefit of $5.2 million. Management has determined that it is not more-likely-than-not that the Company will realize certain of its Pennsylvania, Louisiana, Colorado and Iowa deferred tax assets. Therefore, a full valuation allowance has been recognized against these deferred tax assets, excluding deferred tax liabilities related to indefinite‑lived assets. These indefinite‑lived assets primarily related to gaming licenses in various jurisdictions. These gaming licenses are not being amortized for book purposes, and will only reverse upon ultimate sale or book impairment. Due to the uncertain timing of such reversal, the temporary differences associated with indefinite‑lived intangibles and certain land improvements cannot be considered a source of future taxable income for purposes of determining the valuation allowance. The Company will continue to evaluate the realization of its deferred tax assets on a quarterly basis and make adjustments to its valuation allowance as appropriate. On November 24, 2015, Eldorado Resorts LLC, an indirect wholly-owned subsidiary of ERI, acquired the additional 50% membership interest in the Silver Legacy Joint Venture partnership. Prior to the 2015 acquisition, a deferred tax asset was recognized to the extent that the tax basis in the partnership interest exceeded the book basis. As a result of the 2015 acquisition, the partnership ceased to exist and the Company wrote off the outside basis deferred tax asset of $8.1 million as a change in tax status. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s net deferred taxes related to continuing operations at December 31, 2016 and 2015 are as follows (amounts in thousands): 2017 2016 Deferred tax assets: Loss carryforwards $ 58,245 $ 38,377 Accrued expenses 9,633 7,748 Fixed assets — 6,327 Debt 2,147 9,991 Credit carryforwards 19,838 2,576 Stock-based compensation 2,451 1,216 Other 6,738 51 99,052 66,286 Deferred tax liabilities: Identified intangibles (203,015 ) (143,823 ) Fixed assets (28,375 ) — Investment in partnerships (2,146 ) (2,742 ) Prepaid expenses (3,288 ) (2,804 ) Other (87 ) (100 ) (236,911 ) (149,469 ) Valuation allowance (26,271 ) (7,202 ) Net deferred tax liabilities $ (164,130 ) $ (90,385 ) As of December 31, 2017, the Company had federal and state net operating loss carryforwards of $147.2 million and $387.7 million, respectively. The federal and state net operating losses begin to expire in 2030 and 2018, respectively. As of December 31, 2017, the Company had federal jobs credit carry forwards of $19.6 million, which begin to expire in 2024. Utilization of net operating loss, credit, and other carryforwards are subject to annual limitations due to ownership changes as provided by the Internal Revenue Code of 1986, as amended and similar state provisions. An ownership change is defined as a greater than 50% change in ownership by 5% stockholders in any three‑year period. Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, the Company had a “change in ownership” event that limits the utilization of net operating loss, credit, and other carryforwards that were previously available to MTR, Isle of Capri and the Company to offset future taxable income. The “change in ownership” event for MTR occurred on September 19, 2014 in connection with the MTR Merger. The “change in ownership” event for Isle of Capri and the Company occurred on May 1, 2017 in connection with the merger with Isle of Capri. This limitation resulted in no significant loss of federal attributes, but did result in significant loss of state attributes. The federal and state net operating loss credit and other carryforwards are stated net of limitations. As of December 31, 2017, there were no unrecognized tax benefits and the Company does not expect a significant increase or decrease to the total amounts of unrecognized tax benefits within the next twelve months. We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company and its subsidiaries file US federal income tax returns and various state and local income tax returns. The Company does not have tax sharing agreements with the other members within the consolidated ERI group. With few exceptions, the Company is no longer subject to US federal or state and local tax examinations by tax authorities for years before 2012. The Company was notified by the Internal Revenue Service in October of 2016 that its federal tax return for the year ended December 31, 2014 had been selected for examination. In September 2017, the IRS informed the Company that they completed the examination of the tax return and made no changes. However, the Company may be subject to audit in the future and the outcome of tax audits cannot be predicted with certainty. If any issues addressed in the Company’s tax audits are resolved in a manner not consistent with the Company’s expectations, we would be required to adjust our provision for income taxes in the period such resolution occurs. While the Company believes its reported results are materially accurate, any significant adjustments could have a material adverse effect on the Company’s results of operations, cash flows and financial position.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2017
Employee Benefits And Share Based Compensation [Abstract]
Employee Benefit Plans	Note 11. Employee Benefit Plans Effective January 1, 2016, the Company elected to merge the plan assets of all its wholly-owned subsidiaries into the MTR Gaming Group, Inc. Retirement Plan (the “MTR Retirement Plan”) and renamed it the Eldorado Resorts, Inc. 401(k) Plan (“ERI 401(k) Plan”). As a result, assets of the Eldorado Hotel & Casino Master 401(k) Plan, the Silver Legacy 401(k) Plan and Circus Circus Reno MGM Resorts 401(k) Savings Plan transferred in the ERI 401(k) Plan. Generally, all employees of ERI who are 21 years of age or older, who have completed six months and 1,000 hours of service and who are not covered by collective bargaining agreements, including the named executive officers, are eligible to participate in the ERI 401(k) Plan. Employees who elect to participate in the ERI 401(k) Plan could defer up to 100% but not less than 1% of their annual compensation, subject to statutory and certain other limits. The plan covering ERI’s employees allows for an employer contribution up to 50 percent of the first four percent of each participating employee’s contribution, up to a maximum of $1,000, subject to statutory and certain other limits. ERI’s matching contributions totaled $1.6 million and $1.5 million for the years ended December 31, 2017 and 2016, respectively. Prior to 2016, the Resorts’ 401 (k) plan participated in a multi-employer savings plan (the “401(k) Plan”) qualified under Sections 401(a) and 401(k) of the Internal Revenue Code of 1986, as amended. The 401(k) Plan in which Resorts participated functioned as an aggregation of several single-employer plans in order to enable the participating employers to pool plan assets for investment purposes and to reduce the costs of plan administration. The 401(k) Plan maintained separate accounts for each employer so that each employer’s contributions provided benefits only for its employees. Generally, all employees of Resorts who were 21 years of age or older, who had completed six months and 1,000 hours of service and who were not covered by collective bargaining agreements, including the named executive officers, were eligible to participate in the 401(k) Plan. Employees who elected to participate in the 401(k) Plan could defer up to 100% but not less than 1% of their annual compensation, subject to statutory and certain other limits. Effective February 1, 2014, Eldorado Reno implemented an employer matching contribution up to 25 percent of the first four percent of each participating employee’s compensation. Employees of the Eldorado Shreveport also participated in Resorts’ 401(k) Plan. The plan covering Eldorado Shreveport’s employees allowed for an employer contribution up to 50 percent of the first six percent of each participating employee’s contribution, subject to statutory and certain other limits. Resorts’ matching contributions totaled $0.5 million for the year ended December 31, 2015. Isle has a 401(k) plan covering substantially all of its employees who have completed 90 days of service. Expense for contributions from continuing operations related to the 401(k) plan was $1.0 million or the 2017 period subsequent to the Isle Acquisition Date. Isle’s contribution is based on a percentage of employee contributions and may include an additional discretionary amount. Previously MTR Gaming participated in the MTR Retirement Plan. At that time, the Mountaineer qualified defined contribution plan and the Scioto Downs’ 401(k) plan were merged into the MTR Retirement Plan. Additionally, the MTR Retirement Plan provided 401(k) participation to Presque Isle Downs’ employees. Matching contributions by MTR Gaming were $0.1 million for 2015. Mountaineer’s qualified defined contribution plan (established by West Virginia legislation) covers substantially all of its employees and was merged as a component of the MTR Retirement Plan as previously discussed. Contributions to the plan are based on 1/4% of the race track and simulcast wagering handles and approximately 1% of the net win from gaming operations until the racetrack reaches its Excess Net Terminal Income threshold, which for Mountaineer is approximately $160 million per year based on the state’s June 30 fiscal year. Contributions to the ERI 401(k) Plan for the benefit of Mountaineer employees were $1.1 million, $1.2 million and $1.3 million for the years ended December 31, 2017, 2016 and 2015, respectively. Scioto Downs sponsors a noncontributory defined-benefit plan covering all full-time employees meeting certain age and service requirements. On May 31, 2001, the plan was amended to freeze eligibility, accrual of years of service and benefits. As of December 31, 2017, the fair value of the plan assets was $1.2 million and the fair value of the benefit obligations was $0.8 million, resulting in an over-funded status of $0.4 million. The plan assets are comprised primarily of money market and mutual funds whose values are determined based on quoted market prices and are classified in Level 1 of the fair value hierarchy. We did not make cash contributions to the Scioto Downs pension plan during 2017, 2016 and 2015.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2017
Share Based Compensation [Abstract]
Stock-Based Compensation	Note 12. Stock-Based Compensation Common Stock and Stock‑Based Awards The Company has authorized common stock of 100,000,000 shares, par value $0.00001 per share. The Company accounts for stock-based compensation in accordance with ASC 718, Compensation—Stock Compensation The Board of Directors (“BOD”) adopted the Eldorado Resorts, Inc. 2015 Equity Incentive Plan (“2015 Plan”) on January 23, 2015 and our stockholders subsequently approved the adoption of the 2015 Plan on June 23, 2015. The Plan permits the granting of stock options, including incentive stock options (“ERI Stock Options”), stock appreciation rights, restricted stock or restricted stock units (“RSUs”), performance awards, and other stock-based awards and dividend equivalents. ERI Stock Options primarily vest ratably over three years and RSUs granted to employees and executive officers primarily vest and become non-forfeitable upon the third anniversary of the date of grant. RSUs granted to non-employee directors vest immediately and are delivered upon the date that is the earlier of termination of service on the BOD or the consummation of a change of control of the Company. The performance awards relate to the achievement of defined levels of performance and are generally measured over a one or two-year performance period depending upon the award agreement. If the performance award levels are achieved, the awards earned will vest and become payable at the end of the vesting period, defined as either a one or two calendar year period following the performance period. Payout ranges are from 0% up to 200% of the award target. Pursuant to the Merger Agreement, the outstanding equity awards of Isle were converted into comparable equity awards of ERI stock as follows: Isle stock options. Each option or other right to acquire Isle common stock (each an “Isle Stock Option”) that was outstanding immediately prior to the Isle Acquisition Date (whether vested or unvested), as of the Isle Acquisition Date, (i) continued to vest or accelerate (if unvested), as the case may be, in accordance with the applicable Isle stock plan, the award agreement pursuant to which such Isle Stock Option was granted and, if applicable, any other relevant agreements (such as an employment agreement), (ii) ceased to represent an option or right to acquire shares of Isle common stock, and (iii) was converted into an option or right to purchase that number of shares ERI common stock equal to the number of shares of Isle common stock subject to the Isle Stock Option multiplied by the Stock Consideration at an exercise price equal to the exercise price of the Isle Stock Option divided by the Stock Consideration, subject to the same restrictions and other terms as are set forth in the Isle equity incentive plan, the award agreement pursuant to which such Isle Stock Option was granted and, if applicable, any other relevant agreements (such as an employment agreement). Isle restricted stock awards. Each share of Isle common stock subject to vesting, repurchase or lapse restrictions (each an “Isle Restricted Share”) that was outstanding under any Isle equity plan or otherwise immediately prior to the Isle Acquisition Date, as of the Isle Acquisition Date, continued to vest or accelerate (if unvested), as the case may be, in accordance with the applicable Isle stock plan, the award agreement pursuant to which such Isle Restricted Share was granted, and, if applicable, any other relevant agreements (such as an employment agreement) and was exchanged for shares of ERI common stock (in an amount equal to the Stock Consideration, with aggregated fractional shares rounded to the nearest whole share) and remain subject to the same restrictions and other terms as are set forth in the Isle stock plan, the award agreement pursuant to which such Isle Restricted Share was granted, and, if applicable, any other relevant agreements (such as an employment agreement). Isle performance stock units. Each performance stock unit (each, an “Isle PSU”) that was outstanding immediately prior to the Isle Acquisition Date, as of the Isle Acquisition Date, (i) continued to vest or accelerate (if unvested), as the case may be, in accordance with the applicable Isle stock plan, the award agreement pursuant to which such Isle PSU was granted, and, if applicable, any other relevant agreements (such as an employment agreement), (ii) was converted into a number of performance stock units in respect of shares of ERI common stock, in an amount equal to the Stock Consideration (with aggregated fractional shares rounded to the nearest whole share) at the target level of performance, and (iii) remain subject to the same restrictions and other terms as are set forth in the Isle stock plan, the award agreement pursuant to which such Isle PSU was granted, and, if applicable, any other relevant agreements (such as an employment agreement). Isle restricted stock units. Each restricted stock unit, deferred stock unit or phantom unit in respect of a share of Isle common stock granted under the applicable Isle stock plan or otherwise, including any such units held in participant accounts under any employee benefit or compensation plan or arrangement of Isle, other than an Isle PSU (each an “Isle RSU”) that was outstanding immediately prior to the Isle Acquisition Date, as of the Isle Acquisition Date, (i) continued to vest or accelerate (if unvested), as the case may be, in accordance with the applicable Isle stock plan, the award agreement pursuant to which such Isle RSU was granted, and, if applicable, any other relevant agreements (such as an employment agreement or applicable employee benefit plan), (ii) was converted into a number of restricted stock units, deferred stock units or phantom units, as applicable, in respect of shares of ERI common stock, in an amount equal to the Stock Consideration (with aggregated fractional shares rounded to the nearest whole share), and (iii) remain subject to the same restrictions and other terms as are set forth in the Isle stock plan, the award agreement pursuant to which such Isle RSU was granted, and, if applicable, any other relevant agreements (such as an employment agreement or applicable employee benefit plan). On January 23, 2015, the Compensation Committee of the BOD of the Company approved the grant of 685,606 RSUs and performance awards with a fair value of $4.03 per unit, the NASDAQ average price per share on that date, to executive officers and certain key employees under the 2015 Plan, and the grant of 89,900 RSUs with a fair value of $4.03 per unit, the NASDAQ average price per share on that date, to non-employee members of the BOD under the 2015 Plan. Such awards became effective upon our stockholders’ approval of the 2015 Plan on June 23, 2015. Throughout 2015, an additional 9,171 RSUs were granted to certain employees under the 2015 Plan. On January 22, 2016, the Compensation Committee of the BOD of the Company approved the grant of 367,519 RSUs and performance awards, to executive officers and certain key employees, and the grant of 34,920 RSUs to non-employee members of the BOD under the 2015 Plan. The RSUs had a fair value of $10.77 per unit which was the NASDAQ average price per share on that date. Throughout 2016, an additional 14,661 RSUs were granted to certain employees under the 2015 Plan. On January 27, 2017, the Company granted 298,761 RSUs (time-based awards and performance awards with a two-year performance period) to executive officers and key employees, and 46,282 RSUs (time-based awards) to non-employee members of the BOD under the 2015 Plan. The performance awards granted in 2017 are based on a two-year performance criteria and accounted for as two sub-awards. The January 27, 2017, RSUs had a fair value of $15.50 per unit which was the NASDAQ closing price on that date. An additional 246,755 RSUs were also granted to key employees during the year ended December 31, 2017. On January 26, 2018, the Company granted 353,897 RSUs (time-based awards and performance awards with a two-year performance period) to executive officers, key employees and non-employee members of the BOD under the 2015 Plan. The RSUs had a fair value of $32.52 per unit which was the NASDAQ closing price on that date. A summary of the RSU activity, including performance awards and converted Isle awards, for the years ended December 31, 2015, 2016 and 2017 is as follows: Equity Awards Weighted-Average Grant Date Fair Value Weighted-Average Remaining Contractual Life Aggregate Fair Value (in years) (in millions) Unvested outstanding as of January 1, 2015 — $ — — $ — Granted (1) 917,283 4.08 Vested (89,900 ) 4.03 Unvested outstanding as of December 31, 2015 827,383 $ 4.09 2.12 $ 3.40 Granted (2) 410,694 10.81 Vested (255,707 ) 5.83 Unvested outstanding as of December 31, 2016 982,370 $ 6.45 1.41 $ 6.33 Granted (3) 600,206 20.91 Exchanged (4) 860,557 18.94 Forfeited (11,870 ) 15.74 Vested (851,764 ) 18.37 Unvested outstanding as of December 31, 2017 1,579,499 $ 12.25 0.92 $ 19.35 (1) Includes 475,409 of performance awards at 135% of target and 351,974 time-based awards at 100% of target all of which were granted in 2015. (2) Includes 176,632 of performance awards at 96.5% of target and 234,062 time-based awards at 100% of target. (3) Includes 107,309 of performance awards at 108.5% of target, 100,833 of performance awards at 100% of target and 392,064 time-based awards at 100% of target. Performance awards granted in 2017 are based on a two-year performance criteria and accounted for as two sub-awards. (4) Represents exchanged Isle RSUs as a result of the Isle Acquisition based on the average of the ERI share price on the grant dates. As of December 31, 2017 and 2016, the Company had $11.1 million and $2.5 million, respectively, of unrecognized compensation expense, including 2017 performance awards at 108.5% and 100% of target, respectively, and 2016 performance awards at 96.5% target, related to unvested RSUs. The RSUs are expected to be recognized over a weighted-average period of 0.92 years and 1.41 years, respectively. During the first quarter of 2016, the Company’s chief operating officer terminated employment and the chief financial officer retired. In conjunction with the termination and retirement, unvested RSUs totaling 167,511, which were outstanding as of December 31, 2015, immediately vested representing an additional $0.5 million included in stock compensation expense during the first quarter of 2016. Additionally, severance costs totaling $1.4 million were recognized during the first quarter of 2016. These amounts are included in corporate expenses and, in the case of certain property positions, general and administrative expenses in the Company’s consolidated statements of income. We recognized a reduction in income tax expense of $1.0 million and $0.8 million for the year ended December 31, 2017 and 2016, respectively, for excess tax benefits related to stock-based compensation. A summary of the ERI Stock Option activity for the years ended December 31, 2015, 2016 and 2017: Weighted- Weighted- Average Average Range of Exercise Remaining Aggregate Options Exercise Prices Price Contractual Life Intrinsic Value (in years) (in millions) Outstanding and Exercisable as of January 1, 2015 398,200 $ 2.44 $ 16.27 $ 7.88 4.54 $ 0.2 Expired (86,000 ) $ 11.30 $ 11.30 Outstanding and Exercisable as of December 31, 2015 312,200 $ 2.44 $ 16.27 $ 6.94 3.47 $ 1.3 Expired (10,000 ) $ 11.30 $ 11.30 Exercised (132,900 ) $ 2.44 $ 3.94 $ 2.89 Outstanding and Exercisable as of December 31, 2016 169,300 $ 2.44 $ 16.27 $ 9.94 0.86 $ 1.2 Exchanged (1) 1,351,168 $ 6.87 $ 15.60 10.12 Expired (62,871 ) $ 2.44 $ 12.29 $ 4.63 Exercised (1,185,745 ) $ 6.87 $ 16.27 $ 10.45 Outstanding and Exercisable as of December 31, 2017 271,852 $ 3.94 $ 15.60 $ 9.63 1.04 $ 6.4 There were 1,185,745 options exercised and 62,871 options expired in 2017. There were 132,900 options exercised and 10,000 options expired in 2016. There were no options exercised in 2015. Cash received from the exercise of stock options was $2.9 million and $0.4 million for the years ended December 31, 2017 and 2016, respectively. The Company recognized a tax benefit from the stock option exercises of $1.0 million and $0.8 million in 2017 and 2016, respectively. A summary of the ERI Restricted Stock Awards activity for the year ended December 31, 2017 is as follows: Weighted- Average Grant Date Restricted Stock Fair Value Outstanding as of December 31, 2016 — $ — Exchanged (1) 180,374 19.23 Forfeited (1,602 ) 19.13 Vested (167,963 ) 19.24 Outstanding as of December 31, 2017 10,809 $ 19.13 (1) Represents exchanged Isle Restricted Stock Awards as a result of the Isle Acquisition. The Company’s unrecognized compensation cost for unvested restricted stock awards was $0.1 million as of December 31, 2017. The weighted average remaining life was 0.4 years and had an aggregate fair value of $0.1 million at December 31, 2017.

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2017
Earnings Per Share Basic And Diluted [Abstract]
Earnings per Share	Note 13. Earnings per Share The following table illustrates the required disclosure of the reconciliation of the numerators and denominators of the basic and diluted net income per share computations during the years ended December 31, 2017, 2016 and 2015 (dollars in thousands, except per share amounts): 2017 2016 2015 Net income available to common stockholders $ 73,940 $ 24,802 $ 114,183 Shares outstanding: Weighted average shares outstanding - basic 67,133,531 47,033,311 46,550,042 Effect of dilutive securities: Stock options 98,294 96,515 120,479 RSUs 870,989 571,736 338,459 Weighted average shares outstanding - diluted 68,102,814 47,701,562 47,008,980 Net income per common share attributable to common stockholders - basic: $ 1.10 $ 0.53 $ 2.45 Net income per common share attributable to common stockholders - diluted: $ 1.09 $ 0.52 $ 2.43

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 14. Accumulated Other Comprehensive Income (Loss) The Company’s accumulated other comprehensive income (loss) is related to the Scioto Downs defined benefit pension plan. A summary of the change in accumulated other comprehensive income (loss) during the three years ended December 31, 2017 and 2016 is as follows (in thousands): Balance as of December 31, 2014 $ 87 Other comprehensive loss (75 ) Balance as of December 31, 2015 12 Other comprehensive income — Balance as of December 31, 2016 12 Other comprehensive income 67 Balance as of December 31, 2017 $ 79

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 15. Fair Value Measurements Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Accordingly, fair value is a market based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, there is a three‑tier fair value hierarchy, which prioritizes the inputs used in measuring fair values as follows: • Level 1 Inputs : Quoted market prices in active markets for identical assets or liabilities. • Level 2 Inputs : Observable market‑based inputs or unobservable inputs that are corroborated by market data. • Level 3 Inputs : Unobservable inputs that are not corroborated by market data. Items Measured at Fair Value on a Recurring Basis : The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the consolidated balance sheets at December 31, 2017: December 31, 2017 Level 1 Level 2 Total Assets: Marketable securities $ 7,906 $ 9,725 $ 17,631 Restricted cash and investments 9,055 4,098 13,153 The following methods and assumptions are used to estimate the fair value of each class of financial instruments for which it is practical to estimate fair value: Cash and Cash Equivalents : Cash equivalents include investments in money market funds. Investments in this category can be redeemed immediately at the current net asset value per share. A money market fund is a mutual fund whose investments are primarily in short‑term debt securities designed to maximize current income with liquidity and capital preservation, usually maintaining per share net asset value at a constant amount, such as one dollar. Cash and cash equivalents also includes cash maintained for gaming operations. The carrying amounts approximate the fair value because of the short maturity of those instruments (Level 1). Restricted Cash : Restricted cash includes cash reserved for unredeemed winning tickets from the Company’s racing operations, funds related to horsemen’s fines and certain simulcasting funds that are restricted to payments for improving horsemen’s facilities and racing purses, cash deposits that serve as collateral for letters of credit, surety bonds and short-term certificates of deposit that serve as collateral for certain bonding requirements. The estimated fair values of our restricted cash and investments are based upon quoted prices available in active markets (Level 1), or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold our restricted cash and investments. Restricted investments, included in Other Assets, net, relate to trading securities pledged as collateral by our captive insurance company. Accounts Receivable and Credit Risk : The allowance is estimated based on specific review of customer accounts as well as historical collection experience and current economic and business conditions. Management believes that no significant concentrations of credit risk related to receivables existed. Marketable Securities: Marketable securities consist primarily of trading securities held the Company’s captive insurance subsidiary. The estimated fair values of the Company’s marketable securities are determined on an individual asset basis based upon quoted prices of identical assets available in active markets (Level 1), quoted prices of identical assets in inactive markets, or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold these marketable securities. Long‑term Debt : The fair value of our long-term debt or other long-term obligations is estimated based on the quoted market price of the underlying debt issue (Level 1) or, when a quoted market price is not available, the discounted cash flow of future payments utilizing current rates available to us for the debt of similar remaining maturities (Level 2). Debt obligations with a short remaining maturity have a carrying amount that approximates fair value. Acquisition‑Related Contingent Considerations : Contingent consideration related to the July 2003 acquisition of Scioto Downs represents the estimate of amounts to be paid to former stockholders of Scioto Downs under certain earn-out provisions. The Company considers the acquisition related contingency’s fair value measurement, which includes forecast assumptions, to be Level 3 within the fair value hierarchy. Acquisition related contingent considerations is included in accrued other liabilities on the consolidated balance sheets. There were no transfers between Level 1 and Level 2 investments. The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands): December 31, 2017 December 31, 2016 Carrying Fair Carrying Fair Amount Value Amount Value Financial assets: Cash and cash equivalents $ 134,596 $ 134,596 $ 61,029 $ 61,029 Restricted cash 13,153 13,153 2,414 2,414 Marketable securities 17,631 17,631 — — Financial liabilities: 7% Senior Notes $ 367,854 $ 400,800 $ 366,859 $ 397,500 6% Senior Notes 880,889 914,375 — — New Term Loan 938,002 956,750 — — Other long-term debt 2,531 2,531 — — Term Loan — — 406,047 423,858 Revolving Credit Facility — — 26,977 29,000 Capital leases 917 917 543 543 Acquisition-related contingent considerations 486 486 496 496 The following table represents the change in acquisition-related contingent consideration liabilities for the period December 31, 2014 to December 31, 2017. Balance as of January 1, 2015 $ 524 Amortization of present value discount (1) 52 Fair value adjustment for change in consideration expected to be paid (2) 38 Settlements (85 ) Balance as of December 31, 2015 529 Amortization of present value discount (1) 70 Fair value adjustment for change in consideration expected to be paid (2) (13 ) Settlements (90 ) Balance as of December 31, 2016 496 Amortization of present value discount (1) 69 Fair value adjustment for change in consideration expected to be paid (2) 11 Settlements (90 ) Balance as of December 31, 2017 $ 486 (1) Changes in present value are included as a component of interest expense in the consolidated statements of income. (2) Fair value adjustments for changes in earn-out estimates are recorded as a component of general and administrative expense in the consolidated statements of income.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 16. Commitments and Contingencies Capital Leases. The Company leases certain equipment under agreements classified as capital leases. The future minimum lease payments, including interest, at December 31, 2017 are $0.6 million, $0.4 million, and $0.1 million in 2018, 2019, and 2020, respectively. After reducing these amounts for interest of $0.2 million, the present value of the minimum lease payments at December 31, 2017 is $0.9 million. Operating Leases. The Company leases land and certain equipment, including some of our slot machines, timing and photo finish equipment, videotape and closed circuit television equipment, and certain pari‑mutuel equipment, under operating leases. Future minimum payments under non‑cancellable operating leases with initial terms of one year or more consisted of the following at December 31, 2017 (in thousands): Leases 2018 $ 12,057 2019 10,034 2020 8,400 2021 7,539 2022 6,628 Thereafter 143,530 $ 188,188 Total rental expense under operating leases totaled $28.2 million, $17.0 million and $14.0 million for the years ended December 31, 2017, 2016 and 2015, respectively. Included in the $28.2 million is rent for land upon which the Eldorado Reno resides of $0.6 million in each of the years ended December 31, 2017, 2016 and 2015 which was paid to C. S. & Y. Associates which is an entity partially owned by Recreational Enterprises, Inc. (“REI”). The Company’s Chief Executive Officer and Chairman of the Board, Gary L. Carano, and its Senior Vice President of Regional operations, Gene Carano, are the directors of REI and members of the Carano family, including Gary L. Carano and Gene Carano, own the equity interests in REI. This rental agreement expires June 30, 2027 and the rental payments are more fully described in Note 17, Related Affiliates. Litigation. The Company is a party to various legal and administrative proceedings, which have arisen in the normal course of its business. Estimated losses are accrued for these proceedings when the loss is probable and can be estimated. The current liability for the estimated losses associated with these proceedings is not material to the Company’s consolidated financial condition and those estimated losses are not expected to have a material impact on its results of operations. In addition, the Company maintains what it believes is adequate insurance coverage to further mitigate the risks of such proceedings. However, such proceedings can be costly, time consuming and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings may not materially impact the Company’s consolidated financial condition or results of operations. Further, no assurance can be given that the amount of scope of existing insurance coverage will be sufficient to cover losses arising from such matter. Collective Bargaining Agreements. As of December 31, 2017, we had approximately 12,500 employees. As of such date, we had 11 collective bargaining agreements covering approximately 970 employees. Three collective bargaining agreements are scheduled to expire in 2018. There can be no assurance that we will be able to extend or enter into replacement agreements. If we are able to extend or enter into replacement agreements, there can be no assurance as to whether the terms will on comparable terms to the existing agreements . Agreements with Horsemen and Pari-mutuel Clerks . The Federal Interstate Horse Racing Act and the state racing laws in West Virginia, Ohio and Pennsylvania require that, in order to simulcast races, we have written agreements with the horse owners and trainers at those racetracks. In addition, in order to operate slot machines in West Virginia, we are required to enter into written agreements regarding the proceeds of the slot machines (a “proceeds agreement”) with a representative of a majority of the horse owners and trainers and with a representative of a majority of the pari‑mutuel clerks. In Pennsylvania and Ohio, we must have an agreement with the representative of the horse owners. We have the requisite agreements in place with the horsemen at Mountaineer until December 31, 2018. With respect to the Mountaineer pari‑mutuel clerks, we have a labor agreement in force until November 30, 2018, which will automatically renew for an additional one-year period, and a proceeds agreement until April 14, 2018. We are required to have a proceeds agreement in effect on July 1 of each year with the horsemen and the pari‑mutuel clerks as a condition to renewal of our video lottery license for such year. If the requisite proceeds agreement is not in place as of July 1 of a particular year, Mountaineer’s application for renewal of its video lottery license could be denied, in which case Mountaineer would not be permitted to operate either its slot machines or table games. Scioto Downs has the requisite agreement in place with the OHHA until December 31, 2023, with automatic two‑year renewals unless either party requests re‑negotiation pursuant to its terms. Presque Isle Downs has the requisite agreement in place with the Pennsylvania Horsemen’s Benevolent and Protective Association until May 1, 2019. With the exception of the respective Mountaineer, Presque Isle Downs and Scioto Downs horsemen’s agreements and the agreement between Mountaineer and the pari‑mutuel clerks’ union described above, each of the agreements referred to in this paragraph may be terminated upon written notice by either party.

Related Affiliates

Related Affiliates	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Affiliates	Note 17. Related Affiliates REI As of December 31, 2017, REI owned approximately 14.5% of outstanding common stock of the Company. The directors of REI are Company’s Chief Executive Officer and Chairman of the Board, Gary L. Carano, its President and Chief Financial Officer and Board member, Thomas R. Reeg, and its Senior Vice President of Regional Operations, Gene Carano. In addition, Gary L. Carano also serves as the Vice President of REI and Gene Carano also serves as the Secretary and Treasurer of REI. Members of the Carano Family, including Gary L. Carano and Gene Carano, own the equity interests in REI. As such, the Carano Family has the ability to significantly influence the affairs of the Company. Donald L. Carano, who was formerly the president and a director of REI, received remuneration in the amount of $0.3 million, $0.4 million and $0.4 million in 2017, 2016 and 2015, respectively, for his service to ERI and its subsidiaries. For each of the years ended December 31, 2017, 2016 and 2015, there were no related party transactions between the Company and the Carano Family other than compensation, including salary and equity incentives and the CSY Lease listed below. Hotel Casino Management Prior to November 2017, Hotel Casino Management, Inc., which is beneficially owned by members of the Poncia family, including Raymond J. Poncia, owned more than 5% of the outstanding common stock of the Company. Raymond J. Poncia received remuneration in the amount of $0.2 million in each of 2017, 2016 and 2015 for services that he provided to ERI and its subsidiaries. C. S. & Y. The Company owns the entire parcel on which Eldorado Reno is located, except for approximately 30,000 square feet which is leased from C. S. & Y. Associates which is an entity partially owned by REI (the “CSY Lease”). The CSY Lease expires on June 30, 2027. Annual rent is equal to the greater of (1) $0.4 million or (2) an amount based on a decreasing percentage of the Eldorado’s gross gaming revenues ranging from 3% of the first $6.5 million of gross gaming revenues to 0.1% of gross gaming revenues in excess of $75.0 million. Rent pursuant to the CSY Lease amounted to $0.6 million in each of the years ended December 31, 2017, 2016 and 2015. All amounts on the accompanying balance sheets under “Due to Affiliates” relate to C. S. & Y. Associates. Hampton Inn & Suites The Company holds a 42.1% variable interest in a partnership with other investors that developed a new 118-room Hampton Inn & Suites hotel at Scioto Downs that opened in March 2017. Pursuant to the terms of the partnership agreement, the Company contributed $1.0 million of cash and 2.4 acres of a leasehold immediately adjacent to The Brew Brothers

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Segment Information	Note 18. Segment Information The following table sets forth, for the period indicated, certain operating data for our reportable segments. The executive decision maker of our Company reviews operating results, assesses performance and makes decisions on a “significant market” basis. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. Prior to the Isle Acquisition, the Company’s principal operating activities occurred in three geographic regions: Nevada, Louisiana and parts of the eastern United States. The Company aggregated its operations into three reportable segments based on the similar characteristics of the operating segments within the regions in which they operated as follows: Segment Property State Nevada Eldorado Reno Nevada Silver Legacy Nevada Circus Reno Nevada Louisiana Eldorado Shreveport Louisiana Eastern Presque Isle Downs Pennsylvania Scioto Downs Ohio Mountaineer West Virginia Following the Isle Acquisition, the Company’s principal operating activities expanded and now occur in four geographic regions and reportable segments based on the similar characteristics of the operating segments within the regions in which they operate. The following table summarizes our current segments: Segment Property State West Eldorado Reno Nevada Silver Legacy Nevada Circus Reno Nevada Isle Black Hawk Colorado Lady Luck Black Hawk Colorado Midwest Waterloo Iowa Bettendorf Iowa Boonville Missouri Cape Girardeau Missouri Caruthersville Missouri Kansas City Missouri South Pompano Florida Eldorado Shreveport Louisiana Lake Charles Louisiana Lula Mississippi Vicksburg Mississippi East Presque Isle Downs Pennsylvania Nemacolin Pennsylvania Scioto Downs Ohio Mountaineer West Virginia The following table sets forth, for the periods indicated, certain operating data for our four reportable segments. Amounts related to pre-acquisition periods (prior to May 1, 2017) conform to prior presentation as the additional operating segments associated with the Isle Acquisition are incremental to the previously disclosed reportable segments. For the year ended December 31, 2017 2016 2015 (in thousands) Revenues and expenses West: Net operating revenues $ 405,202 $ 321,922 $ 127,802 Operating income—West $ 66,329 $ 41,620 $ 13,989 Midwest: Net operating revenues $ 268,385 $ — $ — Operating income—Midwest $ 62,051 $ — $ — South: Net operating revenues $ 336,709 $ 131,496 $ 136,342 Operating income—South $ 3,671 $ 23,378 $ 21,423 East: Net operating revenues $ 462,702 $ 439,478 $ 455,640 Operating income—East $ 67,968 $ 53,610 $ 56,491 Corporate: Net revenues $ 506 $ — $ — Operating loss—Corporate $ (105,150 ) $ (29,490 ) $ (19,387 ) Total Reportable Segments Net operating revenues $ 1,473,504 $ 892,896 $ 719,784 Operating income – Total Reportable Segments $ 94,869 $ 89,118 $ 72,516 Reconciliations to Consolidated Net Income: Operating Income — Total Reportable Segments $ 94,869 $ 89,118 $ 72,516 Unallocated income and expenses: Interest expense, net (99,769 ) (50,917 ) (61,558 ) Gain on valuation of unconsolidated affiliate — — 35,582 Loss on early retirement of debt (38,430 ) (155 ) (1,937 ) Benefit (provision) for income taxes 117,270 (13,244 ) 69,580 Net income $ 73,940 $ 24,802 $ 114,183 For the Year Ended December 31, 2017 2016 2015 (in thousands) Capital Expenditures (a) West $ 44,952 $ 22,812 $ 4,682 Midwest 9,115 — — South 7,672 5,842 4,032 East (a) 10,155 18,491 26,556 Corporate 11,628 235 1,492 Total $ 83,522 $ 47,380 $ 36,762 (a) Before reimbursements from the state of West Virginia for qualified capital expenditures of $0.4 million, $4.2 million and $1.3 million for the years ended December 31, 2017, 2016 and 2015, respectively. West Midwest South East Corporate, Other & Eliminations Total Balance sheet as of December 31, 2017 (in thousands) Total assets $ 1,278,062 $ 1,188,758 $ 804,318 $ 1,185,806 $ (910,472 ) $ 3,546,472 Goodwill 152,775 327,088 200,417 66,826 — 747,106 Balance sheet as of December 31, 2016 Total assets $ 377,688 $ — $ 128,427 $ 850,904 $ (62,975 ) $ 1,294,044 Goodwill — — — 66,826 — 66,826 2017 Balance at January 1 Acquisitions Impairments Balance at December 31 (in thousands) Goodwill by reportable segment: West $ — $ 152,775 $ — $ 152,775 Midwest — 327,088 — 327,088 South — 235,333 (34,916 ) 200,417 East 66,826 — — 66,826 $ 66,826 $ 715,196 $ (34,916 ) $ 747,106 2016 Balance at January 1 Acquisitions Impairments Balance at December 31 (in thousands) Goodwill by reportable segment: West $ — $ — $ — $ — Midwest — — — — South — — — — East 66,826 — — 66,826 $ 66,826 $ — $ — $ 66,826

Consolidating Condensed Financi

Consolidating Condensed Financial Information	12 Months Ended
	Dec. 31, 2017
Condensed Consolidating Financial Information [Abstract]
Consolidating Condensed Financial Information	Note 19. Consolidating Condensed Financial Information Certain of our wholly-owned subsidiaries have fully and unconditionally guaranteed on a joint and several basis, the payment of all obligations under our 7% Senior Notes, 6% Senior Notes and New Credit Facility. The following wholly-owned subsidiaries of the Company are guarantors, on a joint and several basis, under the 7% Senior Notes, 6% Senior Notes and New Credit Facility: Isle of Capri Casinos LLC; Eldorado Holdco LLC; Eldorado Resorts LLC; Eldorado Shreveport 1 LLC; Eldorado Shreveport 2 LLC; Eldorado Casino Shreveport Joint Venture; MTR Gaming Group Inc.; Mountaineer Park Inc.; Presque Isle Downs Inc.; Scioto Downs Inc.; Eldorado Limited Liability Company; Circus and Eldorado Joint Venture, LLC; CC Reno LLC; CCR Newco LLC; Black Hawk Holdings, L.L.C.; IC Holdings Colorado, Inc.; CCSC/Blackhawk, Inc.; IOC-Black Hawk Distribution Company, LLC; IOC-Black Hawk County, Inc.; Isle of Capri Bettendorf, L.C.; PPI, Inc.; Pompano Park Holdings LLC; IOC-Lula, Inc.; IOC-Kansas City, Inc.; IOC-Boonville, Inc.; IOC-Caruthersville, LLC; IOC Cape Girardeau, LLC; IOC-Vicksburg, Inc.; IOC-Vicksburg, L.L.C.; Rainbow Casino-Vicksburg Partnership, L.P.; IOC Holdings L.L.C. and St. Charles Gaming Company, L.L.C. Each of the subsidiaries’ guarantees is joint and several with the guarantees of the other subsidiaries. The consolidating condensed balance sheet as of December 31, 2017 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Current assets $ 27,572 $ 201,321 $ 22,139 $ — $ 251,032 Intercompany receivables 274,147 — 34,493 (308,640 ) — Investments in subsidiaries 2,440,816 — — (2,440,816 ) — Property and equipment, net 12,042 1,483,473 7,302 — 1,502,817 Other assets 37,459 1,764,291 27,282 (36,409 ) 1,792,623 Total assets $ 2,792,036 $ 3,449,085 $ 91,216 $ (2,785,865 ) $ 3,546,472 Current liabilities $ 28,677 $ 164,656 $ 25,726 $ — $ 219,059 Intercompany payables — 308,640 — (308,640 ) — Long-term debt, less current maturities 1,814,185 350,000 25,393 — 2,189,578 Deferred income tax liabilities — 200,539 — (36,409 ) 164,130 Other accrued liabilities 4,127 19,624 4,828 — 28,579 Stockholders’ equity 945,047 2,405,626 35,269 (2,440,816 ) 945,126 Total liabilities and stockholders’ equity $ 2,792,036 $ 3,449,085 $ 91,216 $ (2,785,865 ) $ 3,546,472 The consolidating condensed balance sheet as of December 31, 2016 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Current assets $ 1,860 $ 99,494 $ 399 $ — $ 101,753 Intercompany receivables 371,765 — 1,186 (372,951 ) — Investments in subsidiaries 299,705 — — (299,705 ) — Property and equipment, net 1,965 610,377 — — 612,342 Other assets 55,158 572,448 11 (47,668 ) 579,949 Total assets $ 730,453 $ 1,282,319 $ 1,596 $ (720,324 ) $ 1,294,044 Current liabilities $ 11,381 $ 90,643 $ 16 $ — $ 102,040 Intercompany payables — 372,951 — (372,951 ) — Long-term debt, less current maturities 420,633 375,248 — — 795,881 Deferred income tax liabilities — 138,053 — (47,668 ) 90,385 Other accrued liabilities — 7,287 — — 7,287 Stockholders’ equity 298,439 298,137 1,580 (299,705 ) 298,451 Total liabilities and stockholders’ equity $ 730,453 $ 1,282,319 $ 1,596 $ (720,324 ) $ 1,294,044 The consolidating condensed statements of income for the year ended December 31, 2017 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 1,219,367 $ 23,307 $ — $ 1,242,674 Non-gaming — 356,236 7,679 — 363,915 Gross revenues — 1,575,603 30,986 — 1,606,589 Less promotional allowances — (131,694 ) (1,391 ) — (133,085 ) Net revenues — 1,443,909 29,595 — 1,473,504 Operating expenses: Gaming and pari-mutuel commissions — 635,552 16,319 — 651,871 Non-gaming — 154,030 1,005 — 155,035 Marketing and promotions — 80,267 2,258 — 82,525 General and administrative — 235,963 5,132 — 241,095 Corporate 31,620 (4,318 ) 3,437 — 30,739 Impairment charges — 38,016 — — 38,016 Management fee (31,620 ) 31,620 — — — Depreciation and amortization 1,030 104,454 407 — 105,891 Total operating expenses 1,030 1,275,584 28,558 — 1,305,172 Loss on sale of asset or disposal of property and equipment (20 ) (299 ) — — (319 ) Proceeds from terminated sale — 20,000 — — 20,000 Transaction expenses (70,865 ) (21,912 ) — — (92,777 ) Equity in loss of unconsolidated affiliate — (367 ) — — (367 ) Operating (loss) income (71,915 ) 165,747 1,037 — 94,869 Interest expense, net (73,448 ) (25,221 ) (1,100 ) — (99,769 ) Loss on early retirement of debt, net (38,430 ) — — — (38,430 ) Subsidiary income (loss) 205,811 — — (205,811 ) — (Loss) income before income taxes 22,018 140,526 (63 ) (205,811 ) (43,330 ) Income tax benefit (provision) 51,922 70,288 (4,940 ) — 117,270 Net income (loss) $ 73,940 $ 210,814 $ (5,003 ) $ (205,811 ) $ 73,940 The consolidating condensed statements of income for the year ended December 31, 2016 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 701,348 $ 265 $ — $ 701,613 Non-gaming — 281,493 90 — 281,583 Gross revenues — 982,841 355 — 983,196 Less promotional allowances — (90,300 ) — — (90,300 ) Net revenues — 892,541 355 — 892,896 Operating expenses: Gaming and pari-mutuel commissions — 400,112 — — 400,112 Non-gaming — 139,545 — — 139,545 Marketing and promotions — 40,596 4 — 40,600 General and administrative — 130,172 — — 130,172 Corporate 19,560 320 — — 19,880 Management fee (19,841 ) 19,841 — — — Depreciation and amortization 454 62,995 — — 63,449 Total operating expenses 173 793,581 4 — 793,758 Loss on sale of asset or disposal of property and equipment — (836 ) — — (836 ) Transaction expenses (9,184 ) — — — (9,184 ) Operating (loss) income (9,357 ) 98,124 351 — 89,118 Interest expense, net (24,562 ) (26,355 ) — — (50,917 ) Loss on early retirement of debt, net (155 ) — — — (155 ) Subsidiary income (loss) 45,647 — — (45,647 ) — Income (loss) before income taxes 11,573 71,769 351 (45,647 ) 38,046 Income tax benefit (provision) 13,229 (26,350 ) (123 ) — (13,244 ) Net income (loss) $ 24,802 $ 45,419 $ 228 $ (45,647 ) $ 24,802 The consolidating condensed statements of income for the year ended December 31, 2015 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 622,997 $ 261 $ — $ 623,258 Non-gaming — 161,283 — — 161,283 Gross revenues — 784,280 261 — 784,541 Less promotional allowances — (64,757 ) — — (64,757 ) Net revenues — 719,523 261 — 719,784 Operating expenses: Gaming and pari-mutuel commissions — 367,545 — — 367,545 Non-gaming — 79,238 — — 79,238 Marketing and promotions — 31,220 7 — 31,227 General and administrative — 96,870 — — 96,870 Corporate 13,738 2,731 — — 16,469 Management fee (13,760 ) 13,760 — — — Depreciation and amortization 369 56,552 — — 56,921 Total operating expenses 347 647,916 7 — 648,270 Loss on sale of asset or disposal of property and equipment — (6 ) — — (6 ) Transaction expenses (2,368 ) (84 ) — — (2,452 ) Equity in loss of unconsolidated affiliate — 3,460 — — 3,460 Operating (loss) income (2,715 ) 74,977 254 — 72,516 Interest expense, net (10,613 ) (50,945 ) — — (61,558 ) Loss on early retirement of debt, net (1,855 ) (82 ) — — (1,937 ) Gain on valuation of unconsolidated affiliate — 35,582 — — 35,582 Subsidiary income (loss) 86,082 — — (86,082 ) — Income (loss) before income taxes 70,899 59,532 254 (86,082 ) 44,603 Income tax benefit 43,284 26,371 (75 ) — 69,580 Income (loss) from continuing operations 114,183 85,903 179 (86,082 ) 114,183 Net income (loss) $ 114,183 $ 85,903 $ 179 $ (86,082 ) $ 114,183 The consolidating condensed statement of cash flows for the year ended December 31, 2017 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (44,767 ) $ 170,553 $ 4,455 $ — $ 130,241 INVESTING ACTIVITIES: Purchase of property and equipment, net (11,073 ) (70,810 ) (1,639 ) — (83,522 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 361 — — 361 Restricted cash — 19,535 (21 ) — 19,514 Proceeds from sale of property and equipment — 135 — — 135 Net cash (used in) provided by business combinations (1,385,978 ) 37,103 5,216 — (1,343,659 ) Investment in and loans to unconsolidated affiliate — (604 ) — — (604 ) Net cash (used in) provided by investing activities (1,397,051 ) (14,280 ) 3,556 — (1,407,775 ) FINANCING ACTIVITIES: Proceeds from issuance of New Term Loan 1,450,000 — — — 1,450,000 Proceeds from issuance of 6% Senior Notes 875,000 — — — 875,000 Proceeds from issuance of New Revolving Credit Facility 166,953 — — — 166,953 Payments on Term Loan (1,062 ) — — — (1,062 ) Payments on New Term Loan (493,250 ) — — — (493,250 ) Payments under New Revolving Credit Facility (166,953 ) — — — (166,953 ) Borrowings under Prior Revolving Credit Facility 41,000 — — — 41,000 Payments under Prior Revolving Credit Facility (29,000 ) — — — (29,000 ) Retirement of Term Loan (417,563 ) — — — (417,563 ) Retirement of Prior Revolving Credit Facility (41,000 ) — — — (41,000 ) Debt premium proceeds 27,500 — — — 27,500 Net proceeds from (payments to) related parties 102,618 (100,847 ) (1,771 ) — — Payment of other long-term obligation (43 ) — — — (43 ) Payments on capital leases — (318 ) (172 ) — (490 ) Debt issuance costs (51,526 ) — — — (51,526 ) Taxes paid related to net share settlement of equity awards (11,365 ) — — — (11,365 ) Proceeds from exercise of stock options 2,900 — — — 2,900 Net cash provided by (used in) financing activities 1,454,209 (101,165 ) (1,943 ) — 1,351,101 INCREASE IN CASH AND CASH EQUIVALENTS 12,391 55,108 6,068 — 73,567 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 811 59,817 401 — 61,029 CASH AND CASH EQUIVALENTS, END OF YEAR $ 13,202 $ 114,925 $ 6,469 $ — $ 134,596 The consolidating condensed statement of cash flows for the year ended December 31, 2016 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (16,919 ) $ 114,388 $ 101 $ — $ 97,570 INVESTING ACTIVITIES: Purchase of property and equipment, net 133 (47,512 ) (1 ) — (47,380 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 4,207 — — 4,207 Proceeds from sale of property and equipment — 1,560 — — 1,560 (Increase) Decrease in other assets, net (16 ) 675 — — 659 Net cash used in business combinations — (194 ) — — (194 ) Net cash provided by (used in) investing activities 117 (41,264 ) (1 ) — (41,148 ) FINANCING ACTIVITIES: Proceeds from long-term debt borrowings (4,250 ) — — — (4,250 ) Borrowings under Prior Revolving Credit Facility 73,000 — — — 73,000 Payments under Prior Revolving Credit Facility (137,500 ) — — — (137,500 ) Principal payments on capital leases — (274 ) — — (274 ) Debt issuance costs (4,288 ) — — — (4,288 ) Net proceeds from (payments to) related parties 90,353 (90,486 ) 133 — — Taxes paid related to net share settlement of equity awards (744 ) — — — (744 ) Proceeds from exercise of stock options 385 — — — 385 Net cash provided by (used in) financing activities 16,956 (90,760 ) 133 — (73,671 ) INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 154 (17,636 ) 233 — (17,249 ) CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 657 77,453 168 — 78,278 CASH AND CASH EQUIVALENTS, END OF YEAR $ 811 $ 59,817 $ 401 $ — $ 61,029 The consolidating condensed statement of cash flows for the year ended December 31, 2015 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (2,951 ) $ 59,494 $ 172 $ — $ 56,715 INVESTING ACTIVITIES: Purchase of property and equipment, net (2,922 ) (33,840 ) — — (36,762 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 1,266 — — 1,266 Investment in unconsolidated affiliate — (1,010 ) — — (1,010 ) Proceeds from sale of property and equipment — 153 — — 153 Decrease in restricted cash due to credit support deposit — 2,500 — — 2,500 (Increase) Decrease in other assets, net (89 ) 204 — — 115 Net cash used in business combinations (18,394 ) (106,622 ) — — (125,016 ) Net cash used in by investing activities (21,405 ) (137,349 ) — — (158,754 ) FINANCING ACTIVITIES: Proceeds from long-term debt borrowings 800,000 — — — 800,000 Borrowings under Prior Revolving Credit Facility 131,000 — — — 131,000 Payments under Prior Revolving Credit Facility (37,500 ) — — — (37,500 ) Principal payments under 7% Senior Notes (2,125 ) — — — (2,125 ) Retirement of long-term debt (728,664 ) — — — (728,664 ) Principal payments on capital leases — (88 ) — — (88 ) Debt issuance costs (25,820 ) — — — (25,820 ) Call premium on early retirement of debt (44,090 ) — — — (44,090 ) Net (payments to) proceeds from related parties (67,788 ) 68,511 (723 ) — — Net cash provided by (used in) financing activities 25,013 68,423 (723 ) — 92,713 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 657 (9,432 ) (551 ) — (9,326 ) CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR — 86,885 719 — 87,604 CASH AND CASH EQUIVALENTS, END OF YEAR $ 657 $ 77,453 $ 168 $ — $ 78,278

Quarterly Data (Unaudited)

Quarterly Data (Unaudited)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Data [Abstract]
Quarterly Data (Unaudited)	Note 20. Quarterly Data (Unaudited) The following table sets forth certain consolidated quarterly financial information for the years ended December 31, 2017, 2016 and 2015. The quarterly information only includes the operations of Isle from the Isle Acquisition Date through December 31, 2017 and the operations of Silver Legacy and Circus Reno from the Reno Acquisition Date through December 31, 2017. Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2017: Revenues $ 219,752 $ 406,840 $ 512,530 $ 467,467 Less—promotional allowances (18,827 ) (33,226 ) (41,785 ) (39,247 ) Net revenues 200,925 373,614 470,745 428,220 Operating expenses 184,972 318,635 387,267 414,298 Operating income (loss) 14,149 (30,632 ) 81,365 29,987 Net income (loss) $ 1,021 $ (46,328 ) $ 29,554 $ 89,693 Basic net income (loss) per common share $ 0.02 $ (0.69 ) $ 0.38 $ 1.17 Diluted net income (loss) per common share $ 0.02 $ (0.68 ) $ 0.38 $ 1.15 Weighted average shares outstanding—basic 47,120,751 67,453,095 76,902,070 76,961,015 Weighted average shares outstanding—diluted 48,081,281 68,469,191 77,959,689 77,998,742 Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2016: Revenues $ 234,551 $ 255,010 $ 266,256 $ 227,379 Less—promotional allowances (20,985 ) (23,695 ) (24,691 ) (20,929 ) Net revenues 213,566 231,315 241,565 206,450 Operating expenses 194,854 200,768 208,731 189,405 Operating income 18,263 29,655 28,109 13,091 Net income $ 3,370 $ 10,791 $ 9,682 $ 959 Basic net income per common share $ 0.07 $ 0.23 $ 0.21 $ 0.02 Diluted net income per common share $ 0.07 $ 0.23 $ 0.20 $ 0.02 Weighted average shares outstanding—basic 46,933,094 47,071,608 47,193,120 47,105,744 Weighted average shares outstanding—diluted 47,534,761 47,721,075 47,834,644 47,849,554 Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2015: Revenues $ 182,809 $ 198,356 $ 199,536 $ 203,840 Less—promotional allowances (15,358 ) (15,723 ) (15,996 ) (17,680 ) Net revenues 167,451 182,633 183,540 186,160 Operating expenses 154,766 160,430 161,610 171,464 Operating income 12,084 23,059 24,092 13,281 Net (loss) income $ (6,164 ) $ 4,795 $ 5,399 $ 110,153 Basic net (loss) income per common share $ (0.13 ) $ 0.10 $ 0.12 $ 2.36 Diluted net (loss) income per common share $ (0.13 ) $ 0.10 $ 0.12 $ 2.33 Weighted average shares outstanding—basic 46,494,638 46,516,614 46,516,614 46,670,735 Weighted average shares outstanding—diluted 46,494,638 46,657,618 46,763,589 47,227,127

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2017
Valuation And Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	ELDORADO RESORTS, INC. SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS Column A Column B Balance at Beginning of Period Column C Isle of Capri Acquisition Column D Additions(1) Column E Deductions(2) Column F Balance at End of Period Year ended December 31, 2017: Allowance for doubtful accounts $ 1,221 $ 461 $ 531 $ 993 $ 1,220 Year ended December 31, 2016: Allowance for doubtful accounts $ 2,074 $ — $ 161 $ 1,014 $ 1,221 Year ended December 31, 2015: Allowance for doubtful accounts $ 2,589 $ — $ (18 ) $ 497 $ 2,074 (1) Amounts charged to costs and expenses, net of recoveries. (2) Uncollectible accounts written off, net of recoveries of $0.7 million and $0.9 million in 2017 and 2015, respectively. There were no recoveries in 2016.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation. The accompanying consolidated financial statements include the accounts of the Company as described in Note 1. All significant intercompany transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates incorporated into the Company’s consolidated financial statements include estimated useful lives for depreciable and amortizable assets, estimated allowance for doubtful accounts receivable, estimated cash flows in assessing goodwill and indefinite-lived intangible assets for impairment and the recoverability of long ‑lived assets, self‑insurance reserves, players’ club liabilities, contingencies and litigation, claims and assessments, and fair value measurements related to the Company’s long‑term debt. Actual results could differ from these estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash equivalents include investments in money market funds. Investments in this category can be redeemed immediately at the current net asset value per share. A money market fund is a mutual fund whose investments are primarily in short ‑term debt securities designed to maximize current income with liquidity and capital preservation, usually maintaining per share net asset value at a constant amount, such as one dollar. Cash and cash equivalents also includes cash maintained for gaming operations. The carrying amounts approximate the fair value because of the short maturity of those instruments (Level 1).
Restricted Cash and Investment	Restricted Cash and Investments. Restricted cash includes cash reserved for unredeemed winning tickets from the Company’s racing operations, funds related to horsemen’s fines and certain simulcasting funds that are restricted to payments for improving horsemen’s facilities and racing purses, cash deposits that serve as collateral for letters of credit, surety bonds and short-term certificates of deposit that serve as collateral for certain bonding requirements. The estimated fair values of our restricted cash and investments are based upon quoted prices available in active markets (Level 1), or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold our restricted cash and investments. Restricted investments, included in Other Assets, net, relate to trading securities pledged as collateral by our captive insurance wholly-owned subsidiary. The Company also has certificates of deposit which are used for security with the Nevada Department of Insurance for its self‑insured workers compensation, West Virginia Division of Environmental Protection and Port Resources for the land lease at Lake Charles. The Nevada certificate of deposit of $628,000 matured on January 28, 2018 at which time it was renewed and the maturity date was extended to January 29, 2019. The West Virginia certificates of deposits in the amounts of $123,000 and $76,000 both mature on October 27, 2018 and the Lake Charles certificate of deposit is for $1.0 million and matures on July 13, 2018.
Marketable Securities	Marketable Securities . Marketable securities consist primarily of trading securities held by the Company’s captive insurance subsidiary. The trading securities are primarily debt and equity securities that are purchased with the intention to resell in the near term. The trading securities are carried at fair value with changes in fair value recognized in current period income, and this accounting policy was implemented as of the Isle Acquisition Date. For the year ended December 31, 2017, we recorded a $0.1 million loss related to the change in fair value which is included in corporate expenses in the accompanying statements of income.
Accounts Receivable and Credit Risk	Accounts Receivable and Credit Risk. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of casino accounts receivable. The Company issues markers to approved casino customers following background checks and assessments of creditworthiness. Trade receivables, including casino and hotel receivables, are typically non‑interest bearing. Accounts are written off when management deems the account to be uncollectible. Recoveries of accounts previously written off are recorded when received. An estimated allowance for doubtful accounts is maintained to reduce the Company’s receivables to their carrying amount, which approximates fair value. The allowance is estimated based on specific review of customer accounts as well as historical collection experience and current economic and business conditions. Management believes that as of December 31, 2017 and 2016, no significant concentrations of credit risk related to receivables existed.
Inventories	Inventories. Inventories are stated at the lower of average cost, using a first ‑in, first‑out basis, or market. Inventories consist primarily of food and beverage, retail merchandise and operating supplies.
Property and Equipment	Property and Equipment. Property and equipment are stated at cost. Depreciation is computed using the straight ‑line method over the estimated useful life of the asset or the term of the capitalized lease, whichever is less. Costs of major improvements are capitalized, while costs of normal repairs and maintenance are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in operating income. Buildings and improvements 10 to 40 years Land improvements 10 to 20 years Furniture, fixtures and equipment 3 to 20 years Riverboat 10 to 25 years
Investment in Unconsolidated Affiliates	Investment in Unconsolidated Affiliates. The Company’s investments in unconsolidated affiliates which are 50% or less owned are accounted for under the equity method and included in other assets, net. The Company does have variable interests in variable interest entities; however, we are not the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation.
Goodwill and Other Intangible Assets and Non Operating Real Properties	Goodwill and Other Intangible Assets and Non‑Operating Real Properties. Goodwill represents the excess of purchase price over fair market value of net assets acquired in business combinations. Goodwill and indefinite-lived intangible assets must be reviewed for impairment at least annually and between annual test dates in certain circumstances. The Company performs its annual impairment tests in the fourth quarter of each fiscal year. As a result of the annual impairment review for goodwill and indefinite-lived intangible assets, the Company recorded impairment charges of $34.9 million and $3.1 million related to goodwill and trade names, respectively, in 2017. No impairments were indicated as a result of the annual impairment review for goodwill and indefinite-lived intangible assets in 2016 or 2015. We have designated certain assets, consisting principally of land and undeveloped properties, as non‑operating real property and have declared our intent to sell those assets. However, we do not anticipate that we will be able to sell the majority of the assets within the next twelve months. As such, these properties are not classified as held‑for‑sale as of December 31, 2017.
Indefinite-Lived Intangible Assets	Indefinite‑Lived Intangible Assets. Indefinite‑lived intangible assets consist primarily of expenditures associated with obtaining racing and gaming licenses. Indefinite‑lived intangible assets are not subject to amortization, but are subject to an annual impairment test. If the carrying amount of an indefinite‑lived intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess amount.
Self-Insurance Reserves	Self‑Insurance Reserves. The Company is self‑insured for various levels of general liability, employee medical insurance coverage and workers’ compensation coverage. Insurance claims and reserves include accruals of estimated settlements for known claims, as well as accruals of estimates for claims incurred but not yet reported. We utilize independent consultants to assist management in its determination of estimated insurance liabilities. While the total cost of claims incurred depends on future developments, in managements’ opinion, recorded reserves are adequate to cover future claims payments. Self-in surance reserves for employee medical claims and workers’ compensations are included in accrued payroll and related on the consolidated balance sheets. Self-in surance reserves for general liability claims are included in accrued other liabilities on the consolidated balance sheets .
Outstanding Chip Liability	Outstanding Chip Liability. The Company recognizes the impact on gaming revenues on an annual basis to reflect an estimate of the change in the value of outstanding chips that are not expected to be redeemed. This estimate is determined by measuring the difference between the total value of chips placed in service less the value of chips in the inventory of chips under our control. This measurement is performed on an annual basis utilizing a methodology in which a consistent formula is applied to estimate the percentage value of chips not in custody that are not expected to be redeemed. In addition to the formula, certain judgments are made with regard to various denominations and souvenir chips. The outstanding chip liability is included in accrued other liabilities on the consolidated balance sheets.
Loyalty Program	Loyalty Program. The Company offers programs at its properties whereby our participating patrons can accumulate points for wagering that can be redeemed for credits for free play on slot machines, lodging, food and beverage, merchandise and in limited situations, cash. Based upon the estimated redemptions of frequent player program points, an estimated liability is established for the cost of redemption of earned but unredeemed points. The estimated cost of redemption utilizes estimates and assumptions of the mix of the various product offerings for which the points will be redeemed and costs of such product offerings. Changes in the programs, membership levels and changes in the redemption patterns of our participating patrons can impact this liability. The loyalty program liability is included in accrued other liabilities on the consolidated balance sheets.
Revenues and Promotional Allowances	Revenues and Promotional Allowances. The Company recognizes as casino revenue the net win from gaming activities, which is the difference between gaming wins and losses. Progressive jackpots are accrued and charged to revenue at the time the obligation to pay the jackpot is established. Gaming revenues are recognized net of certain cash and free play incentives. Pari ‑mutuel commissions consist of commissions earned from thoroughbred and harness racing and importing of simulcast signals from other race tracks and are recognized at the time wagers are made. Such commissions are a designated portion of the wagering handle as determined by state racing commissions, and are shown net of the taxes assessed by state and local agencies, as well as purses and other contractual amounts paid to horsemen associations. The Company recognizes revenues from fees earned through the exporting of simulcast signals to other race tracks at the time wagers are made. Such fees are based upon a predetermined percentage of handle as contracted with the other race tracks. Hotel, food and beverage, and other operating revenues are recognized as services are performed. Advance deposits on rooms and advance ticket sales are recorded as accrued liabilities until services are provided to the customer. The retail value of food, beverage, rooms and other services furnished to customers on a complimentary basis is included in gross revenues and then deducted as promotional allowances. The Company rewards customers, through the use of our loyalty programs, with complimentaries based on amounts wagered or won that can be redeemed for a specified time period. The Company also offers discretionary coupons to our customers, the retail values of which are included as a component of promotional allowances in the accompanying consolidated statements of income in accordance with FASB Section 605‑50 for revenue recognition. The retail value of complimentaries included in promotional allowances is as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 87,677 $ 56,335 $ 44,998 Hotel 37,117 27,070 15,711 Other 8,291 6,895 4,048 $ 133,085 $ 90,300 $ 64,757 The costs of providing such complimentary services are recorded in casino expenses in the accompanying consolidated statements of income and are estimated as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 73,823 $ 39,288 $ 31,220 Hotel 15,795 10,077 6,638 Other 6,295 4,672 2,330 $ 95,913 $ 54,037 $ 40,188
Advertising	Advertising. Advertising costs are expensed in the period the advertising initially takes place and are included in marketing and promotions expenses. Advertising costs included in marketing and promotion expenses were $ 33.0 million, $15.5 million and $11.0 million for the years ended December 31, 2017, 2016 and 2015, respectively.
Income Taxes	Income Taxes. We account for income taxes in accordance with ASC Topic 740, Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred income tax liabilities and deferred income tax assets for the difference between the book basis and tax basis of assets and liabilities. We have recorded valuation allowances related to net operating loss carry forwards and certain temporary differences. Recognizable future tax benefits are subject to a valuation allowance, unless such tax benefits are determined to be more-likely-than-not realizable. We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense.
Stock-Based Compensation	Stock‑Based Compensation. We account for stock‑based compensation in accordance with ASC Topic 718, Compensation—Stock Compensation . ASC 718 requires all share‑based payments to employees and non‑employee members of the Board of Directors, including grants of stock options and restricted stock units (“RSUs”), to be recognized in the consolidated statements of income based on their fair values and that compensation expense be recognized for awards over the requisite service period of the award or until an employee’s eligible retirement date, if earlier.
Earnings per Share	Earnings per Share. Basic earnings per share is computed by dividing net income (loss) by the weighted average shares outstanding during the reporting period. Diluted earnings per share is computed similarly to basic earnings per share except that the weighted average shares outstanding are increased to include additional shares from the assumed exercise of stock options and the assumed vesting of restricted share units, if dilutive. The number of additional shares is calculated by assuming that outstanding stock options were exercised, that outstanding restricted share units were released and that the proceeds from such activities were used to acquire shares of common stock at the average market price during the reporting period.
Reclassifications	Reclassifications Certain reclassifications of prior period presentations have been made to conform to the current period presentation.
Recently Issued Accounting Pronouncements – New Developments	Recently Issued Accounting Pronouncements – New Developments In May 2014 (amended January 2017), the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” (Topic 606) which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and eliminates existing industry guidance, including revenue recognition guidance specific to the gaming industry. The FASB has also recently issued several amendments to the standard, including narrow-scope improvements and practical expedients (ASU 2016-12) and clarification on accounting for and identifying performance obligations (ASU 2016-10). The core principle of the revenue model indicates that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is designed to create greater comparability for financial statement users across industries and jurisdictions and also requires enhanced disclosures. The guidance is effective for interim and annual periods beginning after December 15, 2017. While early adoption is permitted for interim and annual periods beginning after December 15, 2016, we adopted this standard effective January 1, 2018, and elected to apply the full retrospective adoption method. The adoption of the new standard on January 1, 2018, principally affects the presentation of promotional allowances and how the Company measures the liability associated with our customer loyalty programs. The current presentation of gross revenues for complimentary goods and services provided to guests with a corresponding offsetting amount included in promotional allowances will be eliminated. This adjustment in presentation of promotional allowances will not have an impact on the Company’s historically reported net operating revenues. Liabilities associated with our customer loyalty programs are no longer valued at cost; rather a deferred revenue model is used to account for the classification and timing of revenue to be recognized related to the redemption of loyalty program liabilities by the customer. Points earned under the Company’s loyalty programs are deemed to be separate performance obligations, and recorded as a reduction of casino revenues when earned at the retail value of such benefits owed to the customer and recognized as departmental revenue based on where such points are redeemed, upon fulfillment of the performance obligation. Upon adoption, the Company’s change in liability associated with the customer loyalty programs will not be significant. Accordingly, we expect the cumulative effect adjustment to our retained earnings upon adoption will not be significant. Subsequent to the adoption of Topic 606, food and beverage, lodging and other services furnished to our guests on a complimentary basis will be measured at the respective estimated standalone selling prices and included as revenues within food and beverage, lodging, and retail, entertainment and other, which will result in a corresponding decrease in gaming revenues. The costs of providing such complimentary goods and services will be included as expenses within food and beverage, lodging, and retail, entertainment and other, which will result in a decrease in casino expenses. Additionally, as a result of the adoption of the new standard, certain adjustments and other reclassifications to and between revenue categories and to and between expense categories were required; however, the amounts associated with such adjustments will not have a significant impact on the Company’s previously reported operating income or net income. In January 2017, the FASB issued Accounting Standards Update ASU No. 2017-04, “Intangibles – Goodwill and Other: Simplifying the Test for Goodwill Impairment.” This amended guidance is intended to simplify how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of goodwill. Under the amended guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. The elimination of Step 2 from the goodwill impairment test should reduce the cost and complexity of evaluating goodwill for impairment. Amendments should be applied on a prospective basis disclosing the nature of and reason for the change in accounting principle upon transition. Disclosure should be provided in the first annual period and in the interim period in which the entity initially adopts the amendments. Updated amendments are effective for the interim and annual periods beginning after December 15, 2019 , and early adoption is permitted. We adopted this guidance effective October 1, 2017, and, in conjunction with the Company’s annual impairment assessment, recorded a $34.9 million goodwill impairment charge in 2017. In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations – Clarifying the Definition of a Business.” This amendment is intended to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisition (or disposals) of assets or businesses. Amendments in this update provide a more robust framework to use in determining when a set of assets and activities is a business and to provide more consistency in applying the guidance, reduce the costs of application, and make the definition of a business more operable. The amendments are effective for interim and annual periods beginning after December 15, 2017. Early adoption is allowed as follows: (1) transactions for which acquisition date occurs before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance and (2) transactions in which a subsidiary is deconsolidated or a group of assets is derecognized that occur before the issuance date or effective date of the amendments, only when the transaction has not been reported in financial statements that have been issued or made available for issuance. We currently anticipate adopting this accounting standard during the first quarter of 2018, and the adoption will result in future acquisitions which do not involve substantive processes being accounted for as asset acquisitions. In November 2016, the FASB issued ASU No. 2016-18, “Statement of Cash Flows – Restricted Cash.” This guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash and cash equivalents. The amendments in this update are effective for the interim and annual periods beginning after December 15, 2017. Early adoption is permitted, including adoption in an interim period. We adopted this standard effective January 1, 2018, which will impact the presentation of the Statement of Cash Flows as well as require additional footnote disclosure to reconcile the balance sheet to the revised cash flow presentation. In August 2016, the FASB issued ASU No. 2016-15, “Classification of Certain Cash Receipts and Cash Payments.” This new guidance is intended to reduce diversity in practice in how certain cash receipts and payments are classified in the statement of cash flows, including debt prepayment or extinguishment costs, the settlement of contingent liabilities arising from a business combination, proceeds from insurance settlements, and distributions from certain equity method investees. The guidance is effective for interim and annual periods beginning after December 15, 2017, and early adoption is permitted. The guidance requires application using a retrospective transition method. We adopted this standard effective January 1, 2018, which should not have a significant impact on our consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Accounting for Credit Losses,” which amends the guidance on the impairment of financial instruments. This update adds an impairment model (known as the current expected credit losses model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes, as an allowance, its estimate of expected credit losses. The effective date for this update is for the annual and interim periods beginning after December 15, 2019 and early adoption is permitted beginning after December 15, 2018. We are currently evaluating the impact of adopting this guidance on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 “Leases” which addresses the recognition and measurement of leases. Under the new guidance, for all leases (with the exception of short-term leases), at the commencement date, lessees will be required to recognize a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis, and a right-of-use (“ROU”) asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Further, the new lease guidance simplifies the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and liabilities, which no longer provides a source for off balance sheet financing. The effective date for this update is for the annual and interim periods beginning after December 15, 2018 with early adoption permitted. Lessees and lessors must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the consolidated financial statements. Currently, we do not have any material capital leases or any material operating leases where we are the lessor. Our operating leases, primarily relating to certain ground leases and slot machines or VLTs, will be recorded on the balance sheet as an ROU asset with a corresponding lease liability, which will be amortized using the effective interest rate method as payments are made. The ROU asset will be depreciated on a straight-line basis and recognized as lease expense. The qualitative and quantitative effects of adoption of ASU 2016-02 are still being analyzed, and we are in the process of evaluating the full effect the new guidance will have on our consolidated financial statements including any new considerations with respect to the Isle Acquisition.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Schedule of Property, Plant and Equipment, Estimated Useful Life	Buildings and improvements 10 to 40 years Land improvements 10 to 20 years Furniture, fixtures and equipment 3 to 20 years Riverboat 10 to 25 years
Schedule of Retail Value of Complimentary Services	The retail value of complimentaries included in promotional allowances is as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 87,677 $ 56,335 $ 44,998 Hotel 37,117 27,070 15,711 Other 8,291 6,895 4,048 $ 133,085 $ 90,300 $ 64,757
Schedule of Cost of Complimentary Services	The costs of providing such complimentary services are recorded in casino expenses in the accompanying consolidated statements of income and are estimated as follows (in thousands): For the Year Ended December 31, 2017 2016 2015 Food and beverage $ 73,823 $ 39,288 $ 31,220 Hotel 15,795 10,077 6,638 Other 6,295 4,672 2,330 $ 95,913 $ 54,037 $ 40,188

Isle Acquisition and Reno Acq33

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting (Tables)	12 Months Ended
	Dec. 31, 2017
Isle of Capri
Schedule of Purchase Consideration Calculation	Purchase consideration calculation (dollars in thousands, except shares and stock price) Shares Per share Cash paid for outstanding Isle common stock (1) $ 552,050 Shares of ERI common stock issued for Isle common stock (2) 28,468,182 $ 19.12 544,312 Cash paid by ERI to retire Isle's long-term debt (3) 828,000 Shares of ERI common stock for Isle equity awards (4) 10,383 Purchase consideration $ 1,934,745 (1) The cash component of the consideration represents 58% of the aggregate consideration paid in the Isle Acquisition. The Merger Agreement provided that Isle stockholders could elect to exchange each share of Isle common stock for either $23.00 in cash or 1.638 shares of ERI common stock, subject to proration such that the outstanding shares of Isle common stock will be exchanged for aggregate consideration comprised of 58% cash and 42% ERI common stock. See discussion of Stock Consideration component in note (2) below. (2) The Stock Consideration component of the consideration represents 42% of the aggregate consideration paid in the Isle Acquisition. The Merger Agreement provided that 58% of the aggregate consideration would be paid by ERI in cash, as described in note (1) above. The remaining 42% of the aggregate consideration was paid in shares of ERI common stock. The total Stock Consideration and per share consideration above were based on the ERI stock price on April 28, 2017 (the last business day prior to Isle Acquisition Date) which was $19.12 per share. (3) In addition to the cash paid to retire the principal amounts outstanding of Isle’s long-term debt, ERI paid $26.6 million in premiums and interest. (4) This amount represents consideration paid for the replacement of Isle’s outstanding equity awards. As discussed in Note 1, Isle’s outstanding equity awards were replaced by ERI equity awards with similar terms. A portion of the fair value of ERI awards issued represents consideration transferred, while a portion represents compensation expense based on the vesting terms of the equity awards.
Summary of Accounting of the Purchase Consideration to the Identifiable Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary purchase accounting of the purchase consideration to the identifiable Current and other assets, net $ 135,925 Property and equipment 908,816 Goodwill 715,196 Intangible assets (i) 517,470 Other noncurrent assets 15,082 Total assets 2,292,489 Current liabilities (144,306 ) Deferred income taxes (ii) (186,772 ) Other noncurrent liabilities (26,666 ) Total liabilities (357,744 ) Net assets acquired $ 1,934,745 (i) Intangible assets consist of gaming licenses, trade names, and player relationships. (ii) Deferred tax liabilities were derived based on fair value adjustments for property and equipment and identified intangibles.
Schedule of Unaudited Pro Forma Information	The following unaudited pro forma information presents the results of operations of the Company for the years ended December 31, 2017 and 2016, as if the Isle Acquisition had both occurred on January 1, 2016 (in thousands except per share data). For the years ended December 31, 2017 2016 Net revenues $ 1,803,522 $ 1,832,601 Net income 173,587 28,413
Silver Legacy and Circus Reno
Schedule of Purchase Consideration Calculation	Purchase consideration calculation (dollars in thousands) Silver Legacy Circus Reno Total Cash consideration paid by ERI for MGM’s 50% equity interest and MGM’s member note $ 56,500 $ 16,000 $ 72,500 Fair value of ERI’s pre-existing 50% equity interest 56,500 — 56,500 Settlement of Silver Legacy’s long-term debt (1) 87,854 — 87,854 Prepayment penalty (1) 1,831 — 1,831 Closing Silver Legacy and Circus Reno net working capital (2) 6,124 2,111 8,235 Reverse member note (3) (6,107 ) — (6,107 ) Deferred tax liability 2,769 — 2,769 Purchase consideration $ 205,471 $ 18,111 $ 223,582 (1) Represents $5.0 million of short-term debt, $75.5 million of long-term debt, the remaining 50% of the $11.5 million of member notes (net of discount), and accrued interest of $1.6 million. Additionally, the Company paid a $1.8 million prepayment penalty as a result of the early payoff of the Silver Legacy long-term debt. (2) Per the Purchase and Sale Agreement, the purchase price was $72.5 million plus the Final Closing Net Working Capital (as defined in the Purchase and Sale Agreement). As agreed by both parties, the final working capital adjustment was $8.2 million. (3) Represents 50% of the $11.5 million of member notes (net of discount) due to ERI, and related accrued interest. This amount was settled in conjunction with the final, agreed-upon purchase consideration.
Summary of Accounting of the Purchase Consideration to the Identifiable Assets Acquired and Liabilities Assumed	The following table summarizes the final purchase price accounting of the acquired assets and assumed liabilities (dollars in thousands): Silver Legacy Circus Reno Total Current and other assets, net $ 21,625 $ 2,115 $ 23,740 Property and equipment 168,037 14,996 183,033 Intangible assets (1) 5,000 1,000 6,000 Other noncurrent assets 10,809 — 10,809 Net assets acquired $ 205,471 $ 18,111 $ 223,582 (1) Intangible assets consist of trade names which are non-amortizable and loyalty programs which were amortized over one year.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Schedule of Accounts Receivable	Components of accounts receivable, net are as follows (in thousands): December 31, 2017 2016 Accounts receivable $ 47,017 $ 15,915 Allowance for doubtful accounts (1,220 ) (1,221 ) Total $ 45,797 $ 14,694

Investment in Unconsolidated 35

Investment in Unconsolidated Affiliates (Tables) - Silver Legacy Joint Venture	12 Months Ended
	Dec. 31, 2017
Summary of Information for Company's Equity Investment	Summarized information for the Company’s investment in and advances to the Silver Legacy Joint Venture for 2015 prior to its acquisition by the Company is as follows (in thousands): Period from, January 1, 2015 through November 23, 2015 Beginning balance $ 14,009 Equity in income of unconsolidated affiliate 3,460 Valuation of unconsolidated affiliate 35,582 Net acquisition of non-controlling interest 3,449 Ending balance $ 56,500
Summary of Results of Operations	Summarized results of operations for the Silver Legacy Joint Venture are as follows (in thousands): Period from, January 1, 2015 through November 23, 2015 Net revenues $ 117,029 Operating expenses (90,608 ) Operating income 26,421 Other expense (19,226 ) Net income $ 7,195

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Summary of Property and Equipment	Property and equipment consisted of the following (in thousands): December 31, 2017 2016 Land and improvements $ 284,374 $ 54,604 Buildings and other leasehold improvements 1,187,642 628,390 Riverboat 61,091 40,148 Furniture, fixtures and equipment 420,399 251,504 Furniture, fixtures and equipment held under capital leases (Note 16) 870 3,571 Construction in progress 14,451 6,985 1,968,827 985,202 Less—Accumulated depreciation and amortization (466,010 ) (372,860 ) Property and equipment, net $ 1,502,817 $ 612,342

Other and Intangible Assets, 37

Other and Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2017
Other And Intangible Assets Net Disclosure [Abstract]
Schedule of Other and Intangible Assets, Net	Other and intangible assets, net, include the following amounts (in thousands): December 31, 2017 2016 Useful Life Goodwill $ 747,106 $ 66,826 Indefinite Gaming licenses $ 877,174 $ 482,074 Indefinite Trade names 108,250 3,100 Indefinite Trade names 6,700 6,700 1 - 3.5 years Loyalty programs 21,820 7,700 1 - 3 years Subtotal 1,013,944 499,574 Accumulated amortization trade names (6,290 ) (4,376 ) Accumulated amortization loyalty programs (10,838 ) (7,700 ) Total gaming licenses and other intangible assets $ 996,816 $ 487,498 Non-operating real property $ 18,069 $ 14,219 Unamortized debt issuance costs - New Revolving Credit Facility $ 8,616 $ — Restricted cash 9,886 — Other 12,130 11,406 Total other assets, net $ 30,632 $ 11,406

Accrued Other Liabilities (Tabl

Accrued Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Payables And Accruals [Abstract]
Schedule of Accrued Other Liabilities	Accrued other liabilities consisted of the following (in thousands): December 31, 2017 2016 Accrued general liability claims $ 13,816 $ 3,228 Unclaimed chips 4,743 1,946 Accrued purses and track related liabilities 3,256 1,007 Jackpot progressives and other accrued gaming liabilities 18,724 6,678 Player's point liabilities 7,061 2,989 Construction payables 5,276 4,005 Other 8,470 7,795 Total accrued other liabilities $ 61,346 $ 27,648

Long-Term Debt and Other Long39

Long-Term Debt and Other Long-Term Liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Summary of Long-term Debt	Long-term debt consisted of the following (in thousands): December 31, 2017 2016 New Term Loan $ 956,750 $ — Less: Unamortized discount and debt issuance costs (18,748 ) — Net 938,002 — 6% Senior Notes 875,000 — Plus: Unamortized debt premium 26,605 — Less: Unamortized debt issuance costs (20,716 ) — Net 880,889 — 7% Senior Notes 375,000 375,000 Less: Unamortized discount and debt issuance costs (7,146 ) (8,141 ) Net 367,854 366,859 Term Loan — 418,625 Less: Unamortized discount and debt issuance costs — (12,578 ) Net — 406,047 Prior Revolving Credit Facility — 29,000 Less: Unamortized debt issuance costs — (2,023 ) Net — 26,977 Capital leases 917 543 Long-term notes payable 2,531 — Less: Current portion (615 ) (4,545 ) Total long-term debt $ 2,189,578 $ 795,881
Schedule of Maturities of Principal Amount of Long-term Debt	Maturities of the principal amount of the Company’s long-term debt as of December 31, 2017 are as follows: Years ending December 31, (In thousands) 2018 $ 615 2019 425 2020 172 2021 116 2022 126 Thereafter 2,208,744 $ 2,210,198
7% Senior Notes
Schedule of Redemption Prices of Notes	On or after August 1, 2018, the Company may redeem all or a portion of the Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the Senior Notes redeemed, to the applicable redemption date, if redeemed during the twelve month period beginning on August 1 of the years indicated below: Year Percentage 2018 105.250 % 2019 103.500 % 2020 101.750 % 2021 and thereafter 100.000 %
6% Senior Notes
Schedule of Redemption Prices of Notes	On or after April 1, 2020, the Company may redeem all or a portion of the 6% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 6% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on April 1 of the years indicated below: Year Percentage 2020 104.500 % 2021 103.000 % 2022 101.500 % 2023 and thereafter 100.000 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of the Company’s provision for income taxes for the years ended December 31, 2017, 2016 and 2015 are presented below (amounts in thousands). 2017 2016 2015 Current: Federal $ (3,959 ) $ (12 ) $ (29 ) State 380 1,173 665 Local (627 ) 739 557 Total current (4,206 ) 1,900 1,193 Deferred: Federal (105,058 ) 12,881 (68,103 ) State (29 ) (1,448 ) (2,691 ) Local (7,977 ) (89 ) 21 Total deferred (113,064 ) 11,344 (70,773 ) Income tax (benefit) expense $ (117,270 ) $ 13,244 $ (69,580 )
Schedule of Effective Income Tax Rate Reconciliation	The following is a reconciliation of the statutory federal income tax rate to the Company’s effective tax rate for the years ended December 31, 2017, 2016 and 2015: 2017 2016 2015 Federal statutory rate 35.0 % 35.0 % 35.0 % State and local taxes 2.8 % 4.3 % 1.0 % State tax rate adjustment 5.7 % — % (3.3 ) % Stock compensation 2.3 % (2.0 ) % — % Permanent items (4.6 ) % 1.5 % 0.4 % Goodwill impairment (27.1 ) % — % — % Transaction expenses (10.7 ) % — % — % Tax Cuts and Jobs Act 265.5 % — % — % Valuation allowance (2.3 ) % (3.6 ) % (180.5 ) % Minority interest (0.1 ) % 0.1 % 0.2 % Change in tax status — % — % 18.2 % Non-taxable gain on fair value adjustment — % — % (27.9 ) % Credits 3.5 % (1.8 ) % (1.0 ) % Other 0.6 % 1.3 % 1.9 % Effective income tax rate 270.6 % 34.8 % (156.0 ) %
Schedule of Deferred Tax Assets and Liabilities	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s net deferred taxes related to continuing operations at December 31, 2016 and 2015 are as follows (amounts in thousands): 2017 2016 Deferred tax assets: Loss carryforwards $ 58,245 $ 38,377 Accrued expenses 9,633 7,748 Fixed assets — 6,327 Debt 2,147 9,991 Credit carryforwards 19,838 2,576 Stock-based compensation 2,451 1,216 Other 6,738 51 99,052 66,286 Deferred tax liabilities: Identified intangibles (203,015 ) (143,823 ) Fixed assets (28,375 ) — Investment in partnerships (2,146 ) (2,742 ) Prepaid expenses (3,288 ) (2,804 ) Other (87 ) (100 ) (236,911 ) (149,469 ) Valuation allowance (26,271 ) (7,202 ) Net deferred tax liabilities $ (164,130 ) $ (90,385 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Share Based Compensation [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	A summary of the RSU activity, including performance awards and converted Isle awards, for the years ended December 31, 2015, 2016 and 2017 is as follows: Equity Awards Weighted-Average Grant Date Fair Value Weighted-Average Remaining Contractual Life Aggregate Fair Value (in years) (in millions) Unvested outstanding as of January 1, 2015 — $ — — $ — Granted (1) 917,283 4.08 Vested (89,900 ) 4.03 Unvested outstanding as of December 31, 2015 827,383 $ 4.09 2.12 $ 3.40 Granted (2) 410,694 10.81 Vested (255,707 ) 5.83 Unvested outstanding as of December 31, 2016 982,370 $ 6.45 1.41 $ 6.33 Granted (3) 600,206 20.91 Exchanged (4) 860,557 18.94 Forfeited (11,870 ) 15.74 Vested (851,764 ) 18.37 Unvested outstanding as of December 31, 2017 1,579,499 $ 12.25 0.92 $ 19.35 (1) Includes 475,409 of performance awards at 135% of target and 351,974 time-based awards at 100% of target all of which were granted in 2015. (2) Includes 176,632 of performance awards at 96.5% of target and 234,062 time-based awards at 100% of target. (3) Includes 107,309 of performance awards at 108.5% of target, 100,833 of performance awards at 100% of target and 392,064 time-based awards at 100% of target. Performance awards granted in 2017 are based on a two-year performance criteria and accounted for as two sub-awards. (4) Represents exchanged Isle RSUs as a result of the Isle Acquisition based on the average of the ERI share price on the grant dates.
Schedule of Share-based Compensation, Stock Options, Activity	A summary of the ERI Stock Option activity for the years ended December 31, 2015, 2016 and 2017: Weighted- Weighted- Average Average Range of Exercise Remaining Aggregate Options Exercise Prices Price Contractual Life Intrinsic Value (in years) (in millions) Outstanding and Exercisable as of January 1, 2015 398,200 $ 2.44 $ 16.27 $ 7.88 4.54 $ 0.2 Expired (86,000 ) $ 11.30 $ 11.30 Outstanding and Exercisable as of December 31, 2015 312,200 $ 2.44 $ 16.27 $ 6.94 3.47 $ 1.3 Expired (10,000 ) $ 11.30 $ 11.30 Exercised (132,900 ) $ 2.44 $ 3.94 $ 2.89 Outstanding and Exercisable as of December 31, 2016 169,300 $ 2.44 $ 16.27 $ 9.94 0.86 $ 1.2 Exchanged (1) 1,351,168 $ 6.87 $ 15.60 10.12 Expired (62,871 ) $ 2.44 $ 12.29 $ 4.63 Exercised (1,185,745 ) $ 6.87 $ 16.27 $ 10.45 Outstanding and Exercisable as of December 31, 2017 271,852 $ 3.94 $ 15.60 $ 9.63 1.04 $ 6.4
Summary of Restricted Stock Awards Activity	A summary of the ERI Restricted Stock Awards activity for the year ended December 31, 2017 is as follows: Weighted- Average Grant Date Restricted Stock Fair Value Outstanding as of December 31, 2016 — $ — Exchanged (1) 180,374 19.23 Forfeited (1,602 ) 19.13 Vested (167,963 ) 19.24 Outstanding as of December 31, 2017 10,809 $ 19.13 (1) Represents exchanged Isle Restricted Stock Awards as a result of the Isle Acquisition.

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings Per Share Basic And Diluted [Abstract]
Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Income Per Share Computations	The following table illustrates the required disclosure of the reconciliation of the numerators and denominators of the basic and diluted net income per share computations during the years ended December 31, 2017, 2016 and 2015 (dollars in thousands, except per share amounts): 2017 2016 2015 Net income available to common stockholders $ 73,940 $ 24,802 $ 114,183 Shares outstanding: Weighted average shares outstanding - basic 67,133,531 47,033,311 46,550,042 Effect of dilutive securities: Stock options 98,294 96,515 120,479 RSUs 870,989 571,736 338,459 Weighted average shares outstanding - diluted 68,102,814 47,701,562 47,008,980 Net income per common share attributable to common stockholders - basic: $ 1.10 $ 0.53 $ 2.45 Net income per common share attributable to common stockholders - diluted: $ 1.09 $ 0.52 $ 2.43

Accumulated Other Comprehensi43

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Summary of Change In Accumulated Other Comprehensive Income (Loss)	A summary of the change in accumulated other comprehensive income (loss) during the three years ended December 31, 2017 and 2016 is as follows (in thousands): Balance as of December 31, 2014 $ 87 Other comprehensive loss (75 ) Balance as of December 31, 2015 12 Other comprehensive income — Balance as of December 31, 2016 12 Other comprehensive income 67 Balance as of December 31, 2017 $ 79

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	Items Measured at Fair Value on a Recurring Basis : The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the consolidated balance sheets at December 31, 2017: December 31, 2017 Level 1 Level 2 Total Assets: Marketable securities $ 7,906 $ 9,725 $ 17,631 Restricted cash and investments 9,055 4,098 13,153
Schedule of estimated fair value of financial instruments	The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands): December 31, 2017 December 31, 2016 Carrying Fair Carrying Fair Amount Value Amount Value Financial assets: Cash and cash equivalents $ 134,596 $ 134,596 $ 61,029 $ 61,029 Restricted cash 13,153 13,153 2,414 2,414 Marketable securities 17,631 17,631 — — Financial liabilities: 7% Senior Notes $ 367,854 $ 400,800 $ 366,859 $ 397,500 6% Senior Notes 880,889 914,375 — — New Term Loan 938,002 956,750 — — Other long-term debt 2,531 2,531 — — Term Loan — — 406,047 423,858 Revolving Credit Facility — — 26,977 29,000 Capital leases 917 917 543 543 Acquisition-related contingent considerations 486 486 496 496
Schedule of change in acquisition-related contingent consideration liability	The following table represents the change in acquisition-related contingent consideration liabilities for the period December 31, 2014 to December 31, 2017. Balance as of January 1, 2015 $ 524 Amortization of present value discount (1) 52 Fair value adjustment for change in consideration expected to be paid (2) 38 Settlements (85 ) Balance as of December 31, 2015 529 Amortization of present value discount (1) 70 Fair value adjustment for change in consideration expected to be paid (2) (13 ) Settlements (90 ) Balance as of December 31, 2016 496 Amortization of present value discount (1) 69 Fair value adjustment for change in consideration expected to be paid (2) 11 Settlements (90 ) Balance as of December 31, 2017 $ 486 (1) Changes in present value are included as a component of interest expense in the consolidated statements of income. (2) Fair value adjustments for changes in earn-out estimates are recorded as a component of general and administrative expense in the consolidated statements of income.

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	The Company leases land and certain equipment, including some of our slot machines, timing and photo finish equipment, videotape and closed circuit television equipment, and certain pari‑mutuel equipment, under operating leases. Future minimum payments under non‑cancellable operating leases with initial terms of one year or more consisted of the following at December 31, 2017 (in thousands): Leases 2018 $ 12,057 2019 10,034 2020 8,400 2021 7,539 2022 6,628 Thereafter 143,530 $ 188,188

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Summary of Reportable Segment	The Company aggregated its operations into three reportable segments based on the similar characteristics of the operating segments within the regions in which they operated as follows: Segment Property State Nevada Eldorado Reno Nevada Silver Legacy Nevada Circus Reno Nevada Louisiana Eldorado Shreveport Louisiana Eastern Presque Isle Downs Pennsylvania Scioto Downs Ohio Mountaineer West Virginia The following table summarizes our current segments: Segment Property State West Eldorado Reno Nevada Silver Legacy Nevada Circus Reno Nevada Isle Black Hawk Colorado Lady Luck Black Hawk Colorado Midwest Waterloo Iowa Bettendorf Iowa Boonville Missouri Cape Girardeau Missouri Caruthersville Missouri Kansas City Missouri South Pompano Florida Eldorado Shreveport Louisiana Lake Charles Louisiana Lula Mississippi Vicksburg Mississippi East Presque Isle Downs Pennsylvania Nemacolin Pennsylvania Scioto Downs Ohio Mountaineer West Virginia
Schedule of Operating Data for Reportable Segments	The following table sets forth, for the periods indicated, certain operating data for our four reportable segments. Amounts related to pre-acquisition periods (prior to May 1, 2017) conform to prior presentation as the additional operating segments associated with the Isle Acquisition are incremental to the previously disclosed reportable segments. For the year ended December 31, 2017 2016 2015 (in thousands) Revenues and expenses West: Net operating revenues $ 405,202 $ 321,922 $ 127,802 Operating income—West $ 66,329 $ 41,620 $ 13,989 Midwest: Net operating revenues $ 268,385 $ — $ — Operating income—Midwest $ 62,051 $ — $ — South: Net operating revenues $ 336,709 $ 131,496 $ 136,342 Operating income—South $ 3,671 $ 23,378 $ 21,423 East: Net operating revenues $ 462,702 $ 439,478 $ 455,640 Operating income—East $ 67,968 $ 53,610 $ 56,491 Corporate: Net revenues $ 506 $ — $ — Operating loss—Corporate $ (105,150 ) $ (29,490 ) $ (19,387 ) Total Reportable Segments Net operating revenues $ 1,473,504 $ 892,896 $ 719,784 Operating income – Total Reportable Segments $ 94,869 $ 89,118 $ 72,516 Reconciliations to Consolidated Net Income: Operating Income — Total Reportable Segments $ 94,869 $ 89,118 $ 72,516 Unallocated income and expenses: Interest expense, net (99,769 ) (50,917 ) (61,558 ) Gain on valuation of unconsolidated affiliate — — 35,582 Loss on early retirement of debt (38,430 ) (155 ) (1,937 ) Benefit (provision) for income taxes 117,270 (13,244 ) 69,580 Net income $ 73,940 $ 24,802 $ 114,183
Schedule of Capital Expenditures for Reportable Segments	For the Year Ended December 31, 2017 2016 2015 (in thousands) Capital Expenditures (a) West $ 44,952 $ 22,812 $ 4,682 Midwest 9,115 — — South 7,672 5,842 4,032 East (a) 10,155 18,491 26,556 Corporate 11,628 235 1,492 Total $ 83,522 $ 47,380 $ 36,762 (a) Before reimbursements from the state of West Virginia for qualified capital expenditures of $0.4 million, $4.2 million and $1.3 million for the years ended December 31, 2017, 2016 and 2015, respectively.
Schedule of Balance Sheet Information for Reportable Segments	West Midwest South East Corporate, Other & Eliminations Total Balance sheet as of December 31, 2017 (in thousands) Total assets $ 1,278,062 $ 1,188,758 $ 804,318 $ 1,185,806 $ (910,472 ) $ 3,546,472 Goodwill 152,775 327,088 200,417 66,826 — 747,106 Balance sheet as of December 31, 2016 Total assets $ 377,688 $ — $ 128,427 $ 850,904 $ (62,975 ) $ 1,294,044 Goodwill — — — 66,826 — 66,826
Schedule of Goodwill by Reportable Segment	2017 Balance at January 1 Acquisitions Impairments Balance at December 31 (in thousands) Goodwill by reportable segment: West $ — $ 152,775 $ — $ 152,775 Midwest — 327,088 — 327,088 South — 235,333 (34,916 ) 200,417 East 66,826 — — 66,826 $ 66,826 $ 715,196 $ (34,916 ) $ 747,106 2016 Balance at January 1 Acquisitions Impairments Balance at December 31 (in thousands) Goodwill by reportable segment: West $ — $ — $ — $ — Midwest — — — — South — — — — East 66,826 — — 66,826 $ 66,826 $ — $ — $ 66,826

Consolidating Condensed Finan47

Consolidating Condensed Financial Information (Tables)	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Consolidating Condensed Balance Sheet	The consolidating condensed balance sheet as of December 31, 2017 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Current assets $ 27,572 $ 201,321 $ 22,139 $ — $ 251,032 Intercompany receivables 274,147 — 34,493 (308,640 ) — Investments in subsidiaries 2,440,816 — — (2,440,816 ) — Property and equipment, net 12,042 1,483,473 7,302 — 1,502,817 Other assets 37,459 1,764,291 27,282 (36,409 ) 1,792,623 Total assets $ 2,792,036 $ 3,449,085 $ 91,216 $ (2,785,865 ) $ 3,546,472 Current liabilities $ 28,677 $ 164,656 $ 25,726 $ — $ 219,059 Intercompany payables — 308,640 — (308,640 ) — Long-term debt, less current maturities 1,814,185 350,000 25,393 — 2,189,578 Deferred income tax liabilities — 200,539 — (36,409 ) 164,130 Other accrued liabilities 4,127 19,624 4,828 — 28,579 Stockholders’ equity 945,047 2,405,626 35,269 (2,440,816 ) 945,126 Total liabilities and stockholders’ equity $ 2,792,036 $ 3,449,085 $ 91,216 $ (2,785,865 ) $ 3,546,472 The consolidating condensed balance sheet as of December 31, 2016 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Current assets $ 1,860 $ 99,494 $ 399 $ — $ 101,753 Intercompany receivables 371,765 — 1,186 (372,951 ) — Investments in subsidiaries 299,705 — — (299,705 ) — Property and equipment, net 1,965 610,377 — — 612,342 Other assets 55,158 572,448 11 (47,668 ) 579,949 Total assets $ 730,453 $ 1,282,319 $ 1,596 $ (720,324 ) $ 1,294,044 Current liabilities $ 11,381 $ 90,643 $ 16 $ — $ 102,040 Intercompany payables — 372,951 — (372,951 ) — Long-term debt, less current maturities 420,633 375,248 — — 795,881 Deferred income tax liabilities — 138,053 — (47,668 ) 90,385 Other accrued liabilities — 7,287 — — 7,287 Stockholders’ equity 298,439 298,137 1,580 (299,705 ) 298,451 Total liabilities and stockholders’ equity $ 730,453 $ 1,282,319 $ 1,596 $ (720,324 ) $ 1,294,044
Consolidating Condensed Statements of Income	The consolidating condensed statements of income for the year ended December 31, 2017 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 1,219,367 $ 23,307 $ — $ 1,242,674 Non-gaming — 356,236 7,679 — 363,915 Gross revenues — 1,575,603 30,986 — 1,606,589 Less promotional allowances — (131,694 ) (1,391 ) — (133,085 ) Net revenues — 1,443,909 29,595 — 1,473,504 Operating expenses: Gaming and pari-mutuel commissions — 635,552 16,319 — 651,871 Non-gaming — 154,030 1,005 — 155,035 Marketing and promotions — 80,267 2,258 — 82,525 General and administrative — 235,963 5,132 — 241,095 Corporate 31,620 (4,318 ) 3,437 — 30,739 Impairment charges — 38,016 — — 38,016 Management fee (31,620 ) 31,620 — — — Depreciation and amortization 1,030 104,454 407 — 105,891 Total operating expenses 1,030 1,275,584 28,558 — 1,305,172 Loss on sale of asset or disposal of property and equipment (20 ) (299 ) — — (319 ) Proceeds from terminated sale — 20,000 — — 20,000 Transaction expenses (70,865 ) (21,912 ) — — (92,777 ) Equity in loss of unconsolidated affiliate — (367 ) — — (367 ) Operating (loss) income (71,915 ) 165,747 1,037 — 94,869 Interest expense, net (73,448 ) (25,221 ) (1,100 ) — (99,769 ) Loss on early retirement of debt, net (38,430 ) — — — (38,430 ) Subsidiary income (loss) 205,811 — — (205,811 ) — (Loss) income before income taxes 22,018 140,526 (63 ) (205,811 ) (43,330 ) Income tax benefit (provision) 51,922 70,288 (4,940 ) — 117,270 Net income (loss) $ 73,940 $ 210,814 $ (5,003 ) $ (205,811 ) $ 73,940 The consolidating condensed statements of income for the year ended December 31, 2016 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 701,348 $ 265 $ — $ 701,613 Non-gaming — 281,493 90 — 281,583 Gross revenues — 982,841 355 — 983,196 Less promotional allowances — (90,300 ) — — (90,300 ) Net revenues — 892,541 355 — 892,896 Operating expenses: Gaming and pari-mutuel commissions — 400,112 — — 400,112 Non-gaming — 139,545 — — 139,545 Marketing and promotions — 40,596 4 — 40,600 General and administrative — 130,172 — — 130,172 Corporate 19,560 320 — — 19,880 Management fee (19,841 ) 19,841 — — — Depreciation and amortization 454 62,995 — — 63,449 Total operating expenses 173 793,581 4 — 793,758 Loss on sale of asset or disposal of property and equipment — (836 ) — — (836 ) Transaction expenses (9,184 ) — — — (9,184 ) Operating (loss) income (9,357 ) 98,124 351 — 89,118 Interest expense, net (24,562 ) (26,355 ) — — (50,917 ) Loss on early retirement of debt, net (155 ) — — — (155 ) Subsidiary income (loss) 45,647 — — (45,647 ) — Income (loss) before income taxes 11,573 71,769 351 (45,647 ) 38,046 Income tax benefit (provision) 13,229 (26,350 ) (123 ) — (13,244 ) Net income (loss) $ 24,802 $ 45,419 $ 228 $ (45,647 ) $ 24,802 The consolidating condensed statements of income for the year ended December 31, 2015 is as follows: Statements of Income: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Revenues: Gaming and pari-mutuel commissions $ — $ 622,997 $ 261 $ — $ 623,258 Non-gaming — 161,283 — — 161,283 Gross revenues — 784,280 261 — 784,541 Less promotional allowances — (64,757 ) — — (64,757 ) Net revenues — 719,523 261 — 719,784 Operating expenses: Gaming and pari-mutuel commissions — 367,545 — — 367,545 Non-gaming — 79,238 — — 79,238 Marketing and promotions — 31,220 7 — 31,227 General and administrative — 96,870 — — 96,870 Corporate 13,738 2,731 — — 16,469 Management fee (13,760 ) 13,760 — — — Depreciation and amortization 369 56,552 — — 56,921 Total operating expenses 347 647,916 7 — 648,270 Loss on sale of asset or disposal of property and equipment — (6 ) — — (6 ) Transaction expenses (2,368 ) (84 ) — — (2,452 ) Equity in loss of unconsolidated affiliate — 3,460 — — 3,460 Operating (loss) income (2,715 ) 74,977 254 — 72,516 Interest expense, net (10,613 ) (50,945 ) — — (61,558 ) Loss on early retirement of debt, net (1,855 ) (82 ) — — (1,937 ) Gain on valuation of unconsolidated affiliate — 35,582 — — 35,582 Subsidiary income (loss) 86,082 — — (86,082 ) — Income (loss) before income taxes 70,899 59,532 254 (86,082 ) 44,603 Income tax benefit 43,284 26,371 (75 ) — 69,580 Income (loss) from continuing operations 114,183 85,903 179 (86,082 ) 114,183 Net income (loss) $ 114,183 $ 85,903 $ 179 $ (86,082 ) $ 114,183
Consolidating Condensed Statement of Cash Flows	The consolidating condensed statement of cash flows for the year ended December 31, 2017 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (44,767 ) $ 170,553 $ 4,455 $ — $ 130,241 INVESTING ACTIVITIES: Purchase of property and equipment, net (11,073 ) (70,810 ) (1,639 ) — (83,522 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 361 — — 361 Restricted cash — 19,535 (21 ) — 19,514 Proceeds from sale of property and equipment — 135 — — 135 Net cash (used in) provided by business combinations (1,385,978 ) 37,103 5,216 — (1,343,659 ) Investment in and loans to unconsolidated affiliate — (604 ) — — (604 ) Net cash (used in) provided by investing activities (1,397,051 ) (14,280 ) 3,556 — (1,407,775 ) FINANCING ACTIVITIES: Proceeds from issuance of New Term Loan 1,450,000 — — — 1,450,000 Proceeds from issuance of 6% Senior Notes 875,000 — — — 875,000 Proceeds from issuance of New Revolving Credit Facility 166,953 — — — 166,953 Payments on Term Loan (1,062 ) — — — (1,062 ) Payments on New Term Loan (493,250 ) — — — (493,250 ) Payments under New Revolving Credit Facility (166,953 ) — — — (166,953 ) Borrowings under Prior Revolving Credit Facility 41,000 — — — 41,000 Payments under Prior Revolving Credit Facility (29,000 ) — — — (29,000 ) Retirement of Term Loan (417,563 ) — — — (417,563 ) Retirement of Prior Revolving Credit Facility (41,000 ) — — — (41,000 ) Debt premium proceeds 27,500 — — — 27,500 Net proceeds from (payments to) related parties 102,618 (100,847 ) (1,771 ) — — Payment of other long-term obligation (43 ) — — — (43 ) Payments on capital leases — (318 ) (172 ) — (490 ) Debt issuance costs (51,526 ) — — — (51,526 ) Taxes paid related to net share settlement of equity awards (11,365 ) — — — (11,365 ) Proceeds from exercise of stock options 2,900 — — — 2,900 Net cash provided by (used in) financing activities 1,454,209 (101,165 ) (1,943 ) — 1,351,101 INCREASE IN CASH AND CASH EQUIVALENTS 12,391 55,108 6,068 — 73,567 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 811 59,817 401 — 61,029 CASH AND CASH EQUIVALENTS, END OF YEAR $ 13,202 $ 114,925 $ 6,469 $ — $ 134,596 The consolidating condensed statement of cash flows for the year ended December 31, 2016 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (16,919 ) $ 114,388 $ 101 $ — $ 97,570 INVESTING ACTIVITIES: Purchase of property and equipment, net 133 (47,512 ) (1 ) — (47,380 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 4,207 — — 4,207 Proceeds from sale of property and equipment — 1,560 — — 1,560 (Increase) Decrease in other assets, net (16 ) 675 — — 659 Net cash used in business combinations — (194 ) — — (194 ) Net cash provided by (used in) investing activities 117 (41,264 ) (1 ) — (41,148 ) FINANCING ACTIVITIES: Proceeds from long-term debt borrowings (4,250 ) — — — (4,250 ) Borrowings under Prior Revolving Credit Facility 73,000 — — — 73,000 Payments under Prior Revolving Credit Facility (137,500 ) — — — (137,500 ) Principal payments on capital leases — (274 ) — — (274 ) Debt issuance costs (4,288 ) — — — (4,288 ) Net proceeds from (payments to) related parties 90,353 (90,486 ) 133 — — Taxes paid related to net share settlement of equity awards (744 ) — — — (744 ) Proceeds from exercise of stock options 385 — — — 385 Net cash provided by (used in) financing activities 16,956 (90,760 ) 133 — (73,671 ) INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 154 (17,636 ) 233 — (17,249 ) CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 657 77,453 168 — 78,278 CASH AND CASH EQUIVALENTS, END OF YEAR $ 811 $ 59,817 $ 401 $ — $ 61,029 The consolidating condensed statement of cash flows for the year ended December 31, 2015 is as follows: Statement of Cash Flows Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated Net cash (used in) provided by operating activities $ (2,951 ) $ 59,494 $ 172 $ — $ 56,715 INVESTING ACTIVITIES: Purchase of property and equipment, net (2,922 ) (33,840 ) — — (36,762 ) Reimbursement of capital expenditures from West Virginia regulatory authorities — 1,266 — — 1,266 Investment in unconsolidated affiliate — (1,010 ) — — (1,010 ) Proceeds from sale of property and equipment — 153 — — 153 Decrease in restricted cash due to credit support deposit — 2,500 — — 2,500 (Increase) Decrease in other assets, net (89 ) 204 — — 115 Net cash used in business combinations (18,394 ) (106,622 ) — — (125,016 ) Net cash used in by investing activities (21,405 ) (137,349 ) — — (158,754 ) FINANCING ACTIVITIES: Proceeds from long-term debt borrowings 800,000 — — — 800,000 Borrowings under Prior Revolving Credit Facility 131,000 — — — 131,000 Payments under Prior Revolving Credit Facility (37,500 ) — — — (37,500 ) Principal payments under 7% Senior Notes (2,125 ) — — — (2,125 ) Retirement of long-term debt (728,664 ) — — — (728,664 ) Principal payments on capital leases — (88 ) — — (88 ) Debt issuance costs (25,820 ) — — — (25,820 ) Call premium on early retirement of debt (44,090 ) — — — (44,090 ) Net (payments to) proceeds from related parties (67,788 ) 68,511 (723 ) — — Net cash provided by (used in) financing activities 25,013 68,423 (723 ) — 92,713 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 657 (9,432 ) (551 ) — (9,326 ) CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR — 86,885 719 — 87,604 CASH AND CASH EQUIVALENTS, END OF YEAR $ 657 $ 77,453 $ 168 $ — $ 78,278

Quarterly Data (Unaudited) (Tab

Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Data [Abstract]
Quarterly Data (Unaudited)	Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2017: Revenues $ 219,752 $ 406,840 $ 512,530 $ 467,467 Less—promotional allowances (18,827 ) (33,226 ) (41,785 ) (39,247 ) Net revenues 200,925 373,614 470,745 428,220 Operating expenses 184,972 318,635 387,267 414,298 Operating income (loss) 14,149 (30,632 ) 81,365 29,987 Net income (loss) $ 1,021 $ (46,328 ) $ 29,554 $ 89,693 Basic net income (loss) per common share $ 0.02 $ (0.69 ) $ 0.38 $ 1.17 Diluted net income (loss) per common share $ 0.02 $ (0.68 ) $ 0.38 $ 1.15 Weighted average shares outstanding—basic 47,120,751 67,453,095 76,902,070 76,961,015 Weighted average shares outstanding—diluted 48,081,281 68,469,191 77,959,689 77,998,742 Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2016: Revenues $ 234,551 $ 255,010 $ 266,256 $ 227,379 Less—promotional allowances (20,985 ) (23,695 ) (24,691 ) (20,929 ) Net revenues 213,566 231,315 241,565 206,450 Operating expenses 194,854 200,768 208,731 189,405 Operating income 18,263 29,655 28,109 13,091 Net income $ 3,370 $ 10,791 $ 9,682 $ 959 Basic net income per common share $ 0.07 $ 0.23 $ 0.21 $ 0.02 Diluted net income per common share $ 0.07 $ 0.23 $ 0.20 $ 0.02 Weighted average shares outstanding—basic 46,933,094 47,071,608 47,193,120 47,105,744 Weighted average shares outstanding—diluted 47,534,761 47,721,075 47,834,644 47,849,554 Quarter Ended March 31, June 30, September 30, December 31, (Dollars in thousands, except per share amounts) 2015: Revenues $ 182,809 $ 198,356 $ 199,536 $ 203,840 Less—promotional allowances (15,358 ) (15,723 ) (15,996 ) (17,680 ) Net revenues 167,451 182,633 183,540 186,160 Operating expenses 154,766 160,430 161,610 171,464 Operating income 12,084 23,059 24,092 13,281 Net (loss) income $ (6,164 ) $ 4,795 $ 5,399 $ 110,153 Basic net (loss) income per common share $ (0.13 ) $ 0.10 $ 0.12 $ 2.36 Diluted net (loss) income per common share $ (0.13 ) $ 0.10 $ 0.12 $ 2.33 Weighted average shares outstanding—basic 46,494,638 46,516,614 46,516,614 46,670,735 Weighted average shares outstanding—diluted 46,494,638 46,657,618 46,763,589 47,227,127

Organization and Basis of Pre49

Organization and Basis of Presentation - Additional information (Details) $ / shares in Units, $ in Thousands	Nov. 21, 2017USD ($)	Sep. 13, 2017USD ($)	May 01, 2017USD ($)roomMachineGameaHotel$ / sharesshares	Jul. 07, 2015USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)roomMachineGameTerminal	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Apr. 17, 2017	Mar. 29, 2017USD ($)	Aug. 22, 2016USD ($)
Organization and Basis of Presentation
Total purchase consideration | $				$ 72,500
Loss on early retirement of debt, net | $						$ (38,430)	$ (155)	$ (1,937)
Equity purchase agreement termination date						Nov. 21, 2017
Forfeited deposit | $						$ 20,000
Proceeds from terminated sale | $	$ 20,000					$ 20,000
6% Senior Notes
Organization and Basis of Presentation
Long-term debt, gross | $		$ 500,000								$ 375,000
Interest rate (as a percent)		6.00%				6.00%			6.00%	6.00%
Percentage of issue price of principal amount		105.50%
Loss on early retirement of debt, net | $					$ (11,100)	$ (38,400)
JP Morgan Chase Bank, N.A | 6% Senior Unsecured Notes
Organization and Basis of Presentation
Borrowing capacity | $			$ 375,000
Interest rate (as a percent)			6.00%
JP Morgan Chase Bank, N.A | Senior Secured Credit Facility
Organization and Basis of Presentation
Borrowing capacity | $			$ 1,750,000
JP Morgan Chase Bank, N.A | New Term Loan
Organization and Basis of Presentation
Borrowing capacity | $			1,450,000
JP Morgan Chase Bank, N.A | New Revolving Credit Facility
Organization and Basis of Presentation
Borrowing capacity | $			$ 300,000
Isle Casino Hotel
Organization and Basis of Presentation
Number of room in hotel			238
Number of slot machines | Machine			1,026
Number of table games | Game			27
Number of table poker room			9
Number of acre owned | a			10
Lady Luck Casino
Organization and Basis of Presentation
Number of room in hotel			164
Number of slot machines | Machine			452
Number of table games | Game			10
Number of table poker room			5
Isle Casino Racing Pompano
Organization and Basis of Presentation
Number of slot machines | Machine			1,455
Number of table poker room			45
Number of acre owned | a			223
Isle Casino Bettendorf
Organization and Basis of Presentation
Number of room in hotel			509
Number of slot machines | Machine			978
Number of table games | Game			20
Number of towers in hotel			2
Isle Casino Waterloo
Organization and Basis of Presentation
Number of room in hotel			194
Number of slot machines | Machine			940
Number of table games | Game			25
Isle of Capri Casino Hotel Lake Charles
Organization and Basis of Presentation
Number of room in hotel			493
Number of slot machines | Machine			1,173
Number of table games | Game			47
Number of table poker room			13
Number of acre owned | a			19
Number of hotels | Hotel			2
Amount of consideration | $											$ 134,500
Isle of Capri Casino Lula
Organization and Basis of Presentation
Number of room in hotel			486
Number of slot machines | Machine			875
Number of table games | Game			20
Number of hotels | Hotel			2
Lady Luck Casino Vicksburg
Organization and Basis of Presentation
Number of room in hotel			89
Number of slot machines | Machine			616
Number of table games | Game			9
Isle of Capri Casino Boonville
Organization and Basis of Presentation
Number of room in hotel			140
Number of slot machines | Machine			893
Number of table games | Game			20
Isle Casino Cape Girardeau
Organization and Basis of Presentation
Number of slot machines | Machine			872
Number of table games | Game			24
Number of table poker room			4
Lady Luck Casino Caruthersville
Organization and Basis of Presentation
Number of slot machines | Machine			516
Number of table games | Game			9
Isle of Capri Casino Kansas City
Organization and Basis of Presentation
Number of slot machines | Machine			966
Number of table games | Game			18
Lady Luck Casino Nemacolin
Organization and Basis of Presentation
Number of slot machines | Machine			600
Number of table games | Game			28
Number of acre owned | a			2,000
Circus Reno
Organization and Basis of Presentation
Number of room in hotel						1,571
Number of slot machines | Machine						712
Number of table games | Game						24
Isle of Capri
Organization and Basis of Presentation
Total purchase consideration | $			$ 1,934,745
Transaction expenses | $						$ 92,800	$ 8,600
Accrued costs and expenses | $						100
Loss on early retirement of debt, net | $						$ (27,300)
Isle of Capri | Merger Agreement
Organization and Basis of Presentation
Right to receive per share | $ / shares			$ 23
Cash election exchange rate (as a percent)			58.00%
Aggregate consideration amount | $			$ 552,000
Stock election exchange rate (as a percent)			42.00%
Newly issued shares of ERI common stock | shares			28,500,000
Total purchase consideration | $			$ 1,930,000
Isle of Capri | Merger Agreement | Converted to a Right to Receive 1.638 Share of ERI Stock
Organization and Basis of Presentation
Number of shares granted on conversion (per share) | shares			1.638
Eldorado Reno
Organization and Basis of Presentation
Number of room in hotel						814
Number of slot machines | Machine						1,125
Number of table games | Game						46
Silver Legacy
Organization and Basis of Presentation
Number of slot machines | Machine						1,187
Number of table games | Game						63
Number of rooms in themed hotel						1,711
Number of table poker room						13
Eldorado Shreveport
Organization and Basis of Presentation
Number of slot machines | Machine						1,397
Number of table games | Game						52
Number of table poker room						8
Number of rooms in suite art deco-style hotel						403
Mountaineer
Organization and Basis of Presentation
Number of room in hotel						357
Number of slot machines | Machine						1,508
Number of table games | Game						36
Number of table poker room						10
Presque Isle Downs
Organization and Basis of Presentation
Number of slot machines | Machine						1,593
Number of table games | Game						33
Number of table poker room						7
Scioto Downs
Organization and Basis of Presentation
Number of room in hotel						118
Number of video lottery terminals | Terminal						2,245

Summary of Significant Accoun50

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Nov. 24, 2015
Restricted Cash
Loss related to change in fair value	$ 100,000
Investment in Unconsolidated Affiliates
Impairment charge	0	$ 0	$ 0
Goodwill and Intangible Asset Impairment
Impairment charges related to goodwill	34,916,000	0
Impairment charges related to trade names	3,100,000
Impairment of goodwill and indefinite-lived intangible assets		0	0
Advertising
Advertising Costs	$ 33,000,000	15,500,000	$ 11,000,000
Silver Legacy Joint Venture
Investment in Unconsolidated Affiliates
Ownership interest (as a percent)	50.00%			50.00%
Accounts Receivable
Accounts Receivable and Credit Risk
Concentration Risk, Credit Risk, Financial Instruments	$ 0	$ 0
Nevada Department of Insurance
Restricted Cash
Certificates of deposit	628,000
Port Resources, Inc. | Lake Charles
Restricted Cash
Certificates of deposit	$ 1,000
Certificates of Deposit | Nevada Department of Insurance
Restricted Cash
Certificates of deposit, maturity date	Jan. 28, 2018
Debt instrument extended, maturity date	Jan. 29, 2019
Certificates of Deposit | West Virginia Division of Environmental Protection
Restricted Cash
Certificates of deposit, maturity date	Oct. 27, 2018
Certificates of Deposit | Port Resources, Inc. | Lake Charles
Restricted Cash
Certificates of deposit, maturity date	Jul. 13, 2018
Deposit One | West Virginia Division of Environmental Protection
Restricted Cash
Certificates of deposit	$ 123,000
Deposit Two | West Virginia Division of Environmental Protection
Restricted Cash
Certificates of deposit	$ 76,000

Summary of Significant Accoun51

Summary of Significant Accounting Policies - Schedule of Property, Plant and Equipment, Estimated Useful Life (Details)	12 Months Ended
	Dec. 31, 2017
Buildings and Improvements | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Buildings and Improvements | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Land Improvements | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Land Improvements | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Furniture, Fixtures and Equipment | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Furniture, Fixtures and Equipment | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Riverboat | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Riverboat | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	25 years

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Schedule of Retail Value of Complimentary Services (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Schedule of Retail Value of Complimentary Services [Line Items]
Promotional Allowances	$ 39,247	$ 41,785	$ 33,226	$ 18,827	$ 20,929	$ 24,691	$ 23,695	$ 20,985	$ 17,680	$ 15,996	$ 15,723	$ 15,358	$ 133,085	$ 90,300	$ 64,757
Food and Beverage
Schedule of Retail Value of Complimentary Services [Line Items]
Promotional Allowances													87,677	56,335	44,998
Hotel
Schedule of Retail Value of Complimentary Services [Line Items]
Promotional Allowances													37,117	27,070	15,711
Others
Schedule of Retail Value of Complimentary Services [Line Items]
Promotional Allowances													$ 8,291	$ 6,895	$ 4,048

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Schedule of Cost of Complimentary Services (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Schedule of Cost of Complimentary Services [Line Items]
Costs and Expenses	$ 95,913	$ 54,037	$ 40,188
Food and Beverage
Schedule of Cost of Complimentary Services [Line Items]
Costs and Expenses	73,823	39,288	31,220
Hotel
Schedule of Cost of Complimentary Services [Line Items]
Costs and Expenses	15,795	10,077	6,638
Others
Schedule of Cost of Complimentary Services [Line Items]
Costs and Expenses	$ 6,295	$ 4,672	$ 2,330

Isle Acquisition and Reno Acq54

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Schedule of Purchase Consideration Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	May 01, 2017	Nov. 24, 2015	Jul. 07, 2015	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Shares of ERI common stock issued for Isle common stock, shares				76,825,966	47,105,744
Closing Silver Legacy and Circus Reno net working capital			$ 8,200
Purchase consideration			$ 72,500
Isle of Capri
Business Acquisition [Line Items]
Cash paid for outstanding Isle common stock	$ 552,050
Shares of ERI common stock issued for Isle common stock, shares	28,468,182
Shares of ERI common stock issued for Isle common stock, per share	$ 19.12
Shares of ERI common stock issued for Isle common stock	$ 544,312
Cash paid by ERI to retire Isle's long-term debt	828,000
Shares of ERI common stock for Isle equity awards	10,383
Purchase consideration	$ 1,934,745
Silver Legacy Joint Venture | Resorts
Business Acquisition [Line Items]
Cash consideration paid by ERI for MGM’s 50%equity interest and MGM’s member note		$ 56,500
Fair value of ERI’s pre-existing 50% equity interest		56,500
Settlement of Silver Legacy’s long-term debt		87,854
Prepayment penalty		1,831
Closing Silver Legacy and Circus Reno net working capital		6,124
Reverse member note		(6,107)
Deferred tax liability		2,769
Purchase consideration		205,471
Circus Reno | Resorts
Business Acquisition [Line Items]
Cash consideration paid by ERI for MGM’s 50%equity interest and MGM’s member note		16,000
Closing Silver Legacy and Circus Reno net working capital		2,111
Purchase consideration		18,111
Silver Legacy and Circus Reno | Resorts
Business Acquisition [Line Items]
Cash consideration paid by ERI for MGM’s 50%equity interest and MGM’s member note		72,500
Fair value of ERI’s pre-existing 50% equity interest		56,500
Settlement of Silver Legacy’s long-term debt		87,854
Prepayment penalty		1,831
Closing Silver Legacy and Circus Reno net working capital		8,235
Reverse member note		(6,107)
Deferred tax liability		2,769
Purchase consideration		$ 223,582

Isle Acquisition and Reno Acq55

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Schedule of Purchase Consideration Calculation (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Thousands	May 01, 2017	Nov. 24, 2015	Jul. 07, 2015	Apr. 28, 2017
Business Acquisition [Line Items]
Purchase consideration			$ 72,500
Final working capital adjustment			$ 8,200
Isle of Capri
Business Acquisition [Line Items]
Cash paid for premiums and interest on Isle's long term debt	$ 26,600
Purchase consideration	$ 1,934,745
Isle of Capri | Merger Agreement
Business Acquisition [Line Items]
Cash consideration paid as percent of outstanding shares	58.00%
Equity consideration paid as percent of outstanding shares	42.00%
Right to receive per share	$ 23
Stock election exchange rate (as a percent)	42.00%
Stock consideration (per share)				$ 19.12
Purchase consideration	$ 1,930,000
Isle of Capri | Merger Agreement | Converted to a Right to Receive 1.638 Share of ERI Stock
Business Acquisition [Line Items]
Number of shares granted on conversion (per share)	1.638
Silver Legacy Joint Venture
Business Acquisition [Line Items]
Accrued interest		$ 1,600
Silver Legacy Joint Venture | Resorts
Business Acquisition [Line Items]
Prepayment penalty		1,831
Purchase consideration		205,471
Final working capital adjustment		6,124
Silver Legacy Joint Venture | Short-term Debt
Business Acquisition [Line Items]
Long-term debt		5,000
Silver Legacy Joint Venture | Long-term Debt
Business Acquisition [Line Items]
Long-term debt		75,500
Silver Legacy Joint Venture | Member notes
Business Acquisition [Line Items]
Long-term debt		$ 11,500
Percentage of debt assumed		50.00%

Isle Acquisition and Reno Acq56

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Summary of Preliminary Purchase Price Accounting to Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 747,106	$ 66,826	$ 66,826
Isle of Capri
Business Acquisition [Line Items]
Current and other assets, net	135,925
Property and equipment	908,816
Goodwill	715,196
Intangible assets	517,470
Other noncurrent assets	15,082
Total assets	2,292,489
Current liabilities	(144,306)
Deferred income taxes	(186,772)
Other noncurrent liabilities	(26,666)
Total liabilities	(357,744)
Net assets acquired	$ 1,934,745

Isle Acquisition and Reno Acq57

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Additional Information (Details) - USD ($)	May 01, 2017	Nov. 24, 2015	Jul. 07, 2015	Dec. 31, 2017	Dec. 31, 2015	Dec. 31, 2016
Business Acquisition [Line Items]
Purchase consideration			$ 72,500,000
Goodwill				$ 747,106,000	$ 66,826,000	$ 66,826,000
Isle of Capri
Business Acquisition [Line Items]
Net revenues generated from the acquisition date				599,600,000
Net income (loss) generated from the acquisition date				102,600,000
Purchase consideration	$ 1,934,745,000
Goodwill				$ 715,196,000
Silver Legacy Joint Venture
Business Acquisition [Line Items]
Net revenues generated from the acquisition date					13,500,000
Net income (loss) generated from the acquisition date					(300,000)
Silver Legacy Joint Venture | Galleon
Business Acquisition [Line Items]
Ownership interest held by former members of subsidiary (as a percent)		50.00%
Silver Legacy Joint Venture | Resorts
Business Acquisition [Line Items]
Purchase consideration		$ 205,471,000
Silver Legacy and Circus Reno
Business Acquisition [Line Items]
Goodwill		0
Silver Legacy and Circus Reno | Resorts
Business Acquisition [Line Items]
Purchase consideration		223,582,000
Circus Reno
Business Acquisition [Line Items]
Net revenues generated from the acquisition date					8,300,000
Net income (loss) generated from the acquisition date					$ 1,400,000
Circus Reno | Resorts
Business Acquisition [Line Items]
Purchase consideration		$ 18,111,000

Isle Acquisition and Reno Acq58

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Summary of the Final Purchase Price Accounting of the Assets Acquired and Liabilities Assumed (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Nov. 24, 2015
Business Acquisition [Line Items]
Goodwill	$ 747,106,000	$ 66,826,000	$ 66,826,000
Silver Legacy and Circus Reno
Business Acquisition [Line Items]
Goodwill				$ 0
Resorts | Silver Legacy Joint Venture
Business Acquisition [Line Items]
Current and other assets, net				21,625,000
Property and equipment				168,037,000
Intangible assets				5,000,000
Other noncurrent assets				10,809,000
Net assets acquired				205,471,000
Resorts | Circus Reno
Business Acquisition [Line Items]
Current and other assets, net				2,115,000
Property and equipment				14,996,000
Intangible assets				1,000,000
Net assets acquired				18,111,000
Resorts | Silver Legacy and Circus Reno
Business Acquisition [Line Items]
Current and other assets, net				23,740,000
Property and equipment				183,033,000
Intangible assets				6,000,000
Other noncurrent assets				10,809,000
Net assets acquired				$ 223,582,000

Isle Acquisition and Reno Acq59

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Summary of the Final Purchase Price Accounting of the Assets Acquired and Liabilities Assumed (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2017
Loyalty Program
Business Acquisition [Line Items]
Amortization period	1 year

Isle Acquisition and Reno Acq60

Isle Acquisition and Reno Acquisition and Preliminary Purchase Accounting - Unaudited Pro Forma Information - (Details) - Isle of Capri - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Net revenues	$ 1,803,522	$ 1,832,601
Net income	$ 173,587	$ 28,413

Accounts Receivable - Schedule

Accounts Receivable - Schedule of Accounts Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Accounts receivable	$ 47,017	$ 15,915
Allowance for doubtful accounts	(1,220)	(1,221)
Total	$ 45,797	$ 14,694

Accounts Receivable - Additiona

Accounts Receivable - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Receivables [Abstract]
Bad debt expense	$ 0.5	$ 0.2

Investment in Unconsolidated 63

Investment in Unconsolidated Affiliates - Additional Information (Details) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Nov. 30, 2017USD ($)	Nov. 23, 2015USD ($)	Dec. 31, 2017USD ($)aroom	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)	Nov. 24, 2015
Investment in Unconsolidated Affiliates
Investments in and advance to affiliates, subsidiaries, associates, and joint ventures			$ 1,500		$ 1,300
Receivable from partnership			243
Equity in income (loss) of unconsolidated affiliate			(367)	$ 3,460
Silver Legacy Joint Venture
Investment in Unconsolidated Affiliates
Valuation of unconsolidated affiliate		$ 35,582	$ 35,600
Equity in income (loss) of unconsolidated affiliate		$ 3,460
Silver Legacy Joint Venture | Resorts
Investment in Unconsolidated Affiliates
Ownership percentage allowed to be acquired						50.00%
Other Investors
Investment in Unconsolidated Affiliates
Variable interest entity, ownership percentage			42.10%
Number of new rooms developed | room			118
Cash			$ 1,000
Land | a			2.4
Cost of hotel construction			$ 16,000
Contribution towards partnership for proportionate share of additional construction costs	$ 600
Receivable from partnership			$ 200

Investment in Unconsolidated 64

Investment in Unconsolidated Affiliates - Summary of Information for the Company's Investment in and Advances (Details) - USD ($) $ in Thousands	11 Months Ended	12 Months Ended
	Nov. 23, 2015	Dec. 31, 2017	Dec. 31, 2015
Summary of company's equity investment
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES		$ (367)	$ 3,460
Silver Legacy Joint Venture
Summary of company's equity investment
Beginning balance	$ 14,009		$ 14,009
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES	3,460
Valuation of unconsolidated affiliate	35,582	$ 35,600
Net acquisition of non-controlling interest	3,449
Ending balance	$ 56,500

Investment in Unconsolidated 65

Investment in Unconsolidated Affiliates - Summary of Results of Operations (Details) - Silver Legacy Joint Venture $ in Thousands	11 Months Ended
	Nov. 23, 2015USD ($)
Unaudited results of operations
Net revenues	$ 117,029
Operating expenses	(90,608)
Operating income	26,421
Other expense	(19,226)
Net income	$ 7,195

Property and Equipment - Summar

Property and Equipment - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 1,968,827	$ 985,202
Less—Accumulated depreciation and amortization	(466,010)	(372,860)
Property and equipment, net	1,502,817	612,342
Land and Improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	284,374	54,604
Building and Other Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, gross	1,187,642	628,390
Riverboat
Property Plant And Equipment [Line Items]
Property and equipment, gross	61,091	40,148
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Property and equipment, gross	420,399	251,504
Furniture, Fixtures and Equipment Held Under Capital Leases
Property Plant And Equipment [Line Items]
Property and equipment, gross	870	3,571
Construction in Progress
Property Plant And Equipment [Line Items]
Property and equipment, gross	$ 14,451	$ 6,985

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property Plant And Equipment [Line Items]
Depreciation, depletion and amortization, nonproduction	$ 105,891	$ 63,449	$ 56,921
Depreciation expense including amortization expense on capital leases		58,900	$ 51,000
Assets Acquired Under Capital Lease
Property Plant And Equipment [Line Items]
Accumulated, depreciation and amortization	400	$ 2,900
Capital Leases
Property Plant And Equipment [Line Items]
Depreciation, depletion and amortization, nonproduction	$ 100,900

Other and Intangible Assets, 68

Other and Intangible Assets, Net - Schedule of Other and Intangible Assets, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Goodwill	$ 747,106	$ 66,826	$ 66,826
Goodwill, useful life	Indefinite
Intangible assets, excluding goodwill- gross	$ 1,013,944	499,574
Total gaming licenses and other intangible assets	996,816	487,498
Non-operating real property	18,069	14,219
Unamortized debt issuance costs - New Revolving Credit Facility	8,616
Restricted cash	9,886
Other	12,130	11,406
Total other assets, net	30,632	11,406
Trade Names
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-intangible assets, excluding goodwill- gross	6,700	6,700
Accumulated amortization	$ (6,290)	(4,376)
Trade Names | Minimum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	1 year
Trade Names | Maximum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	3 years 6 months
Loyalty Program
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-intangible assets, excluding goodwill- gross	$ 21,820	7,700
Accumulated amortization	$ (10,838)	(7,700)
Loyalty Program | Minimum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	1 year
Loyalty Program | Maximum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	3 years
Gaming licenses
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Indefinite intangible assets, excluding goodwill- gross	$ 877,174	482,074
Indefinite intangible assets, useful life	Indefinite
Trade Names-Indefinite
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Indefinite intangible assets, excluding goodwill- gross	$ 108,250	$ 3,100
Indefinite intangible assets, useful life	Indefinite

Other and Intangible Assets, 69

Other and Intangible Assets, Net - Additional Information (Details)	3 Months Ended	12 Months Ended
	Dec. 31, 2017USD ($)Hotel	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Number of reporting units | Hotel	3
Impairment charges related to trade names		$ 3,100,000
Goodwill impairment loss		34,916,000	$ 0
Impairment charges		38,016,000
Trade Names
Trade names and customer loyalty program
Amortization expense		5,100,000	5,100,000
Loyalty Program
Trade names and customer loyalty program
Amortization expense		4,500,000	$ 4,500,000
Trade Names and Loyalty Program
Trade names and customer loyalty program
2,018	$ 5,000,000	5,000,000
2,019	4,600,000	4,600,000
2,020	$ 1,500	1,500
Isle of Capri Casino Hotel Lake Charles
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges related to trade names		1,500,000
Goodwill impairment loss		11,700,000
Isle of Capri Casino Lula
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges related to trade names		300,000
Lady Luck Casino Vicksburg
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges related to trade names		1,300,000
Goodwill impairment loss		$ 23,200,000

Accrued Other Liabilities - Sch

Accrued Other Liabilities - Schedule of Accrued Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Payables And Accruals [Abstract]
Accrued general liability claims	$ 13,816	$ 3,228
Unclaimed chips	4,743	1,946
Accrued purses and track related liabilities	3,256	1,007
Jackpot progressives and other accrued gaming liabilities	18,724	6,678
Player's point liabilities	7,061	2,989
Construction payables	5,276	4,005
Other	8,470	7,795
Total accrued other liabilities	$ 61,346	$ 27,648

Long-Term Debt and Other Long71

Long-Term Debt and Other Long-Term Liabilities - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Long-term debt
Less: Unamortized debt issuance costs	$ (8,616)
Long-term Debt	2,210,198
Capital leases	917	$ 543
Long-term notes payable	2,531
Less: Current portion	(615)	(4,545)
Long-term debt, noncurrent	2,189,578	795,881
New Term Loan
Long-term debt
Long-term debt, gross	956,750
Less: Unamortized discount and debt issuance costs	(18,748)
Long-term Debt	938,002
6% Senior Notes
Long-term debt
Long-term debt, gross	875,000
Plus: Unamortized debt premium	26,605
Less: Unamortized debt issuance costs	(20,716)
Long-term Debt	880,889
Term Loan
Long-term debt
Long-term debt, gross		418,625
Less: Unamortized discount and debt issuance costs		(12,578)
Long-term Debt		406,047
Prior Revolving Credit Facility
Long-term debt
Long-term debt, gross		29,000
Less: Unamortized debt issuance costs		(2,023)
Long-term Debt		26,977
7% Senior Notes
Long-term debt
Long-term debt, gross	375,000	375,000
Less: Unamortized discount and debt issuance costs	(7,146)	(8,141)
Long-term Debt	$ 367,854	$ 366,859

Long-Term Debt and Other Long72

Long-Term Debt and Other Long-Term Liabilities - Schedule of Maturities of Principal Amount of Long-term Debt (Details) $ in Thousands	Dec. 31, 2017USD ($)
Debt Disclosure [Abstract]
2,018	$ 615
2,019	425
2,020	172
2,021	116
2,022	126
Thereafter	2,208,744
Long-term Debt	$ 2,210,198

Long-Term Debt and Other Long73

Long-Term Debt and Other Long-Term Liabilities - Additional Information (Details) - USD ($)	Sep. 13, 2017	Apr. 17, 2017	Mar. 29, 2017	Jul. 23, 2015	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	May 01, 2017
Long-term debt
Amortization of deferred financing costs, discount and debt premium						$ 6,289,000	$ 3,520,000	$ (4,372,000)
Loss on early retirement of debt, net						(38,430,000)	(155,000)	(1,937,000)
Scheduled maturities of long-term debt in 2023						375,000,000
Scheduled maturities of long-term debt in 2024						956,800,000
Scheduled maturities of long-term debt in 2025						875,000,000
Property and equipment, net						1,502,817,000	612,342,000
Other long-term liabilities						$ 28,579,000	$ 7,287,000
Debt instrument interest rate terms						however, that in no event will LIBOR be less than zero or the base rate be less than 1.00% over the term of the New Term Loan Facility or the New Revolving Credit Facility.
Isle Acquisition
Long-term debt
Loss on early retirement of debt, net						$ (27,300,000)
Acquisition date		May 1, 2017
Lease and Management Agreements | Nemacolin Woodland Resort
Long-term debt
Property and equipment, net						4,200,000
Other long-term liabilities						4,500,000
Lease and Management Agreements | Quad-Cities Waterfront Convention Center
Long-term debt
Property and equipment, net						11,900,000
Other long-term liabilities						$ 12,500,000
6% Senior Notes
Long-term debt
Interest rate (as a percent)	6.00%	6.00%	6.00%			6.00%
Long-term debt, gross	$ 500,000,000		$ 375,000,000
Percentage of issue price of principal amount	105.50%
Loss on early retirement of debt, net					$ (11,100,000)	$ (38,400,000)
Senior notes, maturity date						Apr. 1, 2025
ESCROW CASH			$ 1,900,000
Debt instrument interest rate terms						The 6% Senior Notes will mature on April 1, 2025, with interest payable semi-annually in arrears on April 1 and October 1, commencing October 1, 2017.
6% Senior Notes | Prior to April 1, 2020
Long-term debt
Redemption price on notes redeemed (as a percent)			106.00%
Percentage of issue price of principal amount			101.00%
Percentage of repurchase			100.00%
6% Senior Notes | Minimum
Long-term debt
Notification period on or after April 1, 2020						30 days
6% Senior Notes | Maximum
Long-term debt
Notification period on or after April 1, 2020						60 days
6% Senior Notes | Maximum | Prior to April 1, 2020
Long-term debt
Redemption price (as a percent)			35.00%
Resorts Senior Secured Notes
Long-term debt
Amortization expense of deferred financing costs								$ 500,000
7% Senior Notes
Long-term debt
Interest rate (as a percent)				7.00%
Long-term debt, gross				$ 375,000,000
Senior notes, maturity date						Aug. 1, 2023
7% Senior Notes | Prior to August 1, 2018
Long-term debt
Redemption price on notes redeemed (as a percent)				107.00%
Percentage of issue price of principal amount				101.00%
Percentage of repurchase				100.00%
7% Senior Notes | Prior to April 1, 2020
Long-term debt
Redemption price (as a percent)						101.75%
7% Senior Notes | Maximum | Prior to August 1, 2018
Long-term debt
Redemption price (as a percent)				35.00%
Notes | Prior to August 1, 2018
Long-term debt
Redemption price on notes redeemed (as a percent)				100.00%
Notes | Prior to April 1, 2020
Long-term debt
Redemption price on notes redeemed (as a percent)			100.00%
New Revolving Credit Facility
Long-term debt
Repayment of credit facility	$ 78,000,000
Credit facility		$ 300,000,000
Commitment fee on unused portion of the credit facility						0.50%
Amount outstanding						$ 0
Available borrowing capacity						$ 291,600,000
Interest rate						4.00%
Credit facility maturity date						Apr. 17, 2022
Maximum required leverage ratio, year one						650.00%
Maximum required leverage ratio, year two						600.00%
Maximum required leverage ratio, after year two						550.00%
Minimum required interest coverage ratio, year one						200.00%
Minimum required interest coverage ratio, year two						250.00%
Minimum required interest coverage ratio, after year two						275.00%
New Revolving Credit Facility | Minimum | LIBOR
Long-term debt
Spread on variable rate (as a percent)						1.75%
New Revolving Credit Facility | Minimum | Base rate
Long-term debt
Spread on variable rate (as a percent)						0.75%
New Revolving Credit Facility | Maximum | LIBOR
Long-term debt
Spread on variable rate (as a percent)						2.50%
New Revolving Credit Facility | Maximum | Base rate
Long-term debt
Spread on variable rate (as a percent)						1.50%
New Term Loan
Long-term debt
Repayments of term loan plus accrued interest	444,500,000
ESCROW CASH		4,500,000
Credit facility		$ 1,450,000,000
Amount outstanding						$ 956,800,000
Interest rate						3.60%
Credit facility maturity date						Apr. 17, 2024
Credit facility quarterly principal payments						$ 3,600,000
Credit facility, payment terms						The Company was required to make quarterly principal payments in an amount equal to $3.6 million on the New Term Loan Facility on the last day of each fiscal quarter beginning on June 30, 2017 but satisfied this requirement as a result of the principal prepayment of $444.5 million on September 13, 2017 in conjunction with the issuance of the additional 6% Senior Notes.
Credit facility principal prepayment	444,500,000
New Term Loan | LIBOR
Long-term debt
Spread on variable rate (as a percent)						2.25%
New Term Loan | Base rate
Long-term debt
Spread on variable rate (as a percent)						1.25%
Credit Facility
Long-term debt
Loss on early retirement of debt, net						$ (27,300,000)
7% Senior Notes | Minimum
Long-term debt
Notification period on or after August 1, 2018						30 days
7% Senior Notes | Maximum
Long-term debt
Notification period on or after August 1, 2018						60 days
Prior Revolving Credit Facility
Long-term debt
Repayment of credit facility	78,000,000
Credit facility				$ 150,000,000
Term of debt				5 years
Commitment fee on unused portion of the credit facility						0.50%
Prior Revolving Credit Facility | Minimum | LIBOR
Long-term debt
Spread on variable rate (as a percent)						2.50%
Prior Revolving Credit Facility | Minimum | Base rate
Long-term debt
Spread on variable rate (as a percent)						1.50%
Prior Revolving Credit Facility | Maximum | LIBOR
Long-term debt
Spread on variable rate (as a percent)						3.25%
Prior Revolving Credit Facility | Maximum | Base rate
Long-term debt
Spread on variable rate (as a percent)						2.25%
Term Loan
Long-term debt
Repayments of term loan plus accrued interest	$ 444,500,000
Credit facility				$ 425,000,000
Term of debt				7 years
Term Loan | LIBOR
Long-term debt
Spread on variable rate (as a percent)						3.25%
Floor rate (as a percent)						1.00%
Term Loan | Base rate
Long-term debt
Spread on variable rate (as a percent)						2.25%
Letter of Credit
Long-term debt
Amount outstanding						$ 8,400,000
JP Morgan Chase Bank, N.A | 6% Senior Unsecured Notes
Long-term debt
Borrowing capacity									$ 375,000,000
Interest rate (as a percent)									6.00%
JP Morgan Chase Bank, N.A | Senior Secured Credit Facility
Long-term debt
Borrowing capacity									$ 1,750,000,000
JP Morgan Chase Bank, N.A | New Revolving Credit Facility
Long-term debt
Borrowing capacity									300,000,000
JP Morgan Chase Bank, N.A | New Term Loan
Long-term debt
Borrowing capacity									$ 1,450,000,000

Long-Term Debt and Other Long74

Long-Term Debt and Other Long-Term Liabilities - Schedule of Redemption Prices of Notes (Details)	12 Months Ended
	Dec. 31, 2017
7% Senior Notes | Year Beginning August 1, 2018
Long-term debt
Redemption price (as a percent)	105.25%
7% Senior Notes | Year Beginning August 1, 2019
Long-term debt
Redemption price (as a percent)	103.50%
7% Senior Notes | Year Beginning August 1, 2020
Long-term debt
Redemption price (as a percent)	101.75%
7% Senior Notes | Year Beginning August 1, 2021 and Thereafter
Long-term debt
Redemption price (as a percent)	100.00%
6% Senior Notes | Year Beginning August 1, 2020
Long-term debt
Redemption price (as a percent)	104.50%
6% Senior Notes | Year Beginning April 1, 2021
Long-term debt
Redemption price (as a percent)	103.00%
6% Senior Notes | Year Beginning April 1, 2022
Long-term debt
Redemption price (as a percent)	101.50%
6% Senior Notes | Year Beginning April 1, 2023 and Thereafter
Long-term debt
Redemption price (as a percent)	100.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Nov. 24, 2015
Effective income tax rate		35.00%	35.00%	35.00%
Decrease in net deferred tax liabilities		$ 112,400,000
Recognition of the Pennsylvania and West Virginia deferred tax assets resulted in an income tax benefit		5,200,000	$ 1,400,000	$ 80,300,000
Deferred tax assets, write off				$ 8,100,000
Federal jobs credit carryforwards		$ 19,600,000
Federal jobs credit carryforwards, expiration year		2,024
Operating loss carryforwards, limitations		Utilization of net operating loss, credit, and other carryforwards are subject to annual limitations due to ownership changes as provided by the Internal Revenue Code of 1986, as amended and similar state provisions. An ownership change is defined as a greater than 50% change in ownership by 5% stockholders in any threeyear period. Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, the Company had a “change in ownership” event that limits the utilization of net operating loss, credit, and other carryforwards that were previously available to MTR, Isle of Capri and the Company to offset future taxable income. The “change in ownership” event for MTR occurred on September 19, 2014 in connection with the MTR Merger. The “change in ownership” event for Isle of Capri and the Company occurred on May 1, 2017 in connection with the merger with Isle of Capri. This limitation resulted in no significant loss of federal attributes, but did result in significant loss of state attributes. The federal and state net operating loss credit and other carryforwards are stated net of limitations.
Limitation of loss carryforwards, minimum percentage for ownership change		50.00%
Percentage of shareholders holding change in ownership		5.00%
Change in ownership period by the stockholders		3 years
Unrecognized Tax Benefits		$ 0
Federal
Net operating loss carryforwards		$ 147,200,000
Net operating loss, expiration year		2,030
State
Net operating loss carryforwards		$ 387,700,000
Net operating loss, expiration year		2,018
Silver Legacy Joint Venture
Ownership interest (as a percent)		50.00%			50.00%
Scenario Forecast
Effective income tax rate	21.00%

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal	$ (3,959)	$ (12)	$ (29)
State	380	1,173	665
Local	(627)	739	557
Total current	(4,206)	1,900	1,193
Deferred:
Federal	(105,058)	12,881	(68,103)
State	(29)	(1,448)	(2,691)
Local	(7,977)	(89)	21
Total deferred	(113,064)	11,344	(70,773)
Income tax (benefit) expense	$ (117,270)	$ 13,244	$ (69,580)

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of the expected statutory federal income tax provision
Federal statutory rate	35.00%	35.00%	35.00%
State and local taxes	2.80%	4.30%	1.00%
State tax rate adjustment	5.70%		(3.30%)
Stock compensation	2.30%	(2.00%)
Permanent items	(4.60%)	1.50%	0.40%
Goodwill impairment	(27.10%)
Transaction expenses	(10.70%)
Tax Cuts and Jobs Act	265.50%
Valuation allowance	(2.30%)	(3.60%)	(180.50%)
Minority interest	(0.10%)	0.10%	0.20%
Change in tax status			18.20%
Non-taxable gain on fair value adjustment			(27.90%)
Credits	3.50%	(1.80%)	(1.00%)
Other	0.60%	1.30%	1.90%
Effective income tax rate	270.60%	34.80%	(156.00%)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets:
Loss carryforwards	$ 58,245	$ 38,377
Accrued expenses	9,633	7,748
Fixed assets		6,327
Debt	2,147	9,991
Credit carryforwards	19,838	2,576
Stock-based compensation	2,451	1,216
Other	6,738	51
Deferred tax assets	99,052	66,286
Deferred tax liabilities:
Identified intangibles	(203,015)	(143,823)
Fixed assets	(28,375)
Investment in partnerships	(2,146)	(2,742)
Prepaid expenses	(3,288)	(2,804)
Other	(87)	(100)
Deferred tax liabilities	(236,911)	(149,469)
Valuation allowance	(26,271)	(7,202)
Net deferred tax liabilities	$ (164,130)	$ (90,385)

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($)	Jan. 01, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined contribution plan, first match threshold, percentage	4.00%
Defined contribution plan, maximum annual contributions per employee, amount	$ 1,000
Matching Contributions		$ 1,600,000	$ 1,500,000
Age limit for inclusion in 401k plan	21 years
Limit of months of completed service for inclusion in 401k plan	6 months
Limit of hours of completed service for inclusion in 401k plan	1000 hours
Isle of Capri
Matching Contributions		$ 1,000,000
Employee service completion days		90 days
Eldorado Shreveport
Defined contribution plan, first match threshold, percentage				6.00%
Mountaineer
Matching Contributions		$ 1,100,000	1,200,000	$ 1,300,000
Scioto Downs
Scioto Downs
Fair value of plan assets		1,200,000
Fair value of benefit obligations		800,000
Funded status of plan		400,000
Cash contributions to pension plan		$ 0	$ 0	$ 0
Resorts
Defined contribution plan, first match threshold, percentage				4.00%
Matching Contributions				$ 500,000
Age limit for inclusion in 401k plan				21 years
Limit of months of completed service for inclusion in 401k plan				6 months
Limit of hours of completed service for inclusion in 401k plan				1000 hours
MTR Gaming
Matching Contributions				$ 100,000
MTR Gaming Plans
Race track and simulcast wagering handles - Percent				0.25%
Net win from gaming operations - Percent				1.00%
Excess Net Terminal Income threshold				$ 160,000,000
Minimum
Defined contribution plan, contributions per employee, percent	1.00%
Minimum | Resorts
Defined contribution plan, contributions per employee, percent				1.00%
Maximum
Defined contribution plan, contributions per employee, percent	100.00%
Defined contribution plan, employer matching contribution, percent of match	50.00%
Maximum | Eldorado Shreveport
Defined contribution plan, employer matching contribution, percent of match				50.00%
Maximum | Resorts
Defined contribution plan, contributions per employee, percent				100.00%
Defined contribution plan, employer matching contribution, percent of match				25.00%

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 26, 2018	Jan. 27, 2017	Jan. 22, 2016	Jan. 23, 2015	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, shares authorized						100,000,000	100,000,000
Common stock, par value per share						$ 0.00001	$ 0.00001
Stock-based compensation expense						$ 6,322	$ 3,341	$ 1,488
Reduction in income tax expense related to stock based compensation						1,000	800
Cash received from the exercise of stock options						$ 2,900	$ 385
Exercise of stock options						1,185,745	132,900	0
Expired of stock options						62,871	10,000	86,000
Tax benefit recognized from stock option exercises						$ 1,000	$ 800
Ex Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Severance costs					$ 1,400
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period						3 years
Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)						107,309	176,632	475,409
Percentage of target to be achieved to be eligible to receive performance awards						108.50%	96.50%	135.00%
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)						600,206	410,694	917,283
Fair value, per unit		$ 15.50	$ 10.77
Unrecognized compensation expense						$ 11,100	$ 2,500
Recognition period of unrecognized compensation cost						11 months 1 day	1 year 4 months 28 days
Weighted- Average Remaining Contractual Life (in years)						11 months 1 day	1 year 4 months 28 days	2 years 1 month 13 days
Aggregate Fair Value						$ 19,350	$ 6,330	$ 3,400
Restricted Stock Units (RSUs) | Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)		298,761	367,519	685,606
Fair value, per unit				$ 4.03
Restricted Stock Units (RSUs) | Executive Officer | Subsequent Event
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)	353,897
Fair value, per unit	$ 32.52
Restricted Stock Units (RSUs) | Ex Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense					$ 500
Vested					167,511
Restricted Stock Units (RSUs) | Non Employee Board
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)		46,282	34,920	89,900
Fair value, per unit				$ 4.03
Restricted Stock Units (RSUs) | Key Employees
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)						246,755
Restricted Stock Units (RSUs) | Plan 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)							14,661	9,171
Performance Awards Two
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (in shares)						100,833
Percentage of target to be achieved to be eligible to receive performance awards						100.00%
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost for unvested restricted stock						$ 100
Weighted- Average Remaining Contractual Life (in years)						4 months 24 days
Aggregate Fair Value						$ 100
Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance period						1 year
Minimum | Plan 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Payout range as a percent of award target						0.00%
Minimum | Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period						1 year
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance period						2 years
Maximum | Plan 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Payout range as a percent of award target						200.00%
Maximum | Performance Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period						2 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of RSU Activity Including Performance Awards and Converted Isle Awards (Details) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Equity Awards
Outstanding at the beginning of the Period (in shares)	982,370	827,383
Granted (in shares)	600,206	410,694	917,283
Exchanged	860,557
Forfeited	(11,870)
Vested	(851,764)	(255,707)	(89,900)
Outstanding at the end of the Period (in shares)	1,579,499	982,370	827,383
Weighted Average Grant Date Fair Value
Unvested outstanding as of beginning of period	$ 6.45	$ 4.09
Granted	20.91	10.81	$ 4.08
Exchanged	18.94
Forfeited	15.74
Vested	18.37	5.83	4.03
Unvested outstanding as of end of period	$ 12.25	$ 6.45	$ 4.09
Weighted- Average Remaining Contractual Life
Weighted- Average Remaining Contractual Life (in years)	11 months 1 day	1 year 4 months 28 days	2 years 1 month 13 days
Aggregate Intrinsic Value
Aggregate Fair Value	$ 19,350	$ 6,330	$ 3,400

Stock-Based Compensation - Su82

Stock-Based Compensation - Summary of RSU Activity Including Performance Awards and Converted Isle Awards (Parenthetical) (Details) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Performance Awards
Summary of the RSU activity
Granted (in shares)	107,309	176,632	475,409
Percentage of target to be achieved to be eligible to receive performance awards	108.50%	96.50%	135.00%
Time-based Awards
Summary of the RSU activity
Granted (in shares)	392,064	234,062	351,974
Percentage of target to be achieved to be eligible to receive performance awards	100.00%	100.00%	100.00%
Performance Awards Two
Summary of the RSU activity
Granted (in shares)	100,833
Percentage of target to be achieved to be eligible to receive performance awards	100.00%

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Share-based Compensation, Stock Options, Activity (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Options
Outstanding at the beginning of the Period (in shares)	169,300	312,200	398,200
Exchanged (in shares)	1,351,168
Expired (in shares)	(62,871)	(10,000)	(86,000)
Exercised (in shares)	(1,185,745)	(132,900)	0
Outstanding at the end of the Period (in shares)	271,852	169,300	312,200	398,200
Range of Exercise Price
Lower end of exercise price	$ 3.94	$ 2.44	$ 2.44	$ 2.44
Upper end of exercise price	15.60	16.27	16.27	16.27
Weighted-Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	9.94	6.94	7.88
Exchanged (in dollars per share)	10.12
Expired (in dollars per share)	4.63	11.30	11.30
Exercised (in dollars per share)	10.45	2.89
Outstanding at the end of the period (in dollars per share)	$ 9.63	$ 9.94	$ 6.94	$ 7.88
Weighted- Average Remaining Contractual Life
Weighted- Average Remaining Contractual Life (in years)	1 year 14 days	10 months 9 days	3 years 5 months 19 days	4 years 6 months 14 days
Aggregate Intrinsic Value
Aggregate Intrinsic Value	$ 6.4	$ 1.2	$ 1.3	$ 0.2
Exchanged
Range of Exercise Price
Lower end of exercise price	$ 6.87
Upper end of exercise price	15.60
Expired
Range of Exercise Price
Lower end of exercise price	2.44
Upper end of exercise price	12.29	$ 11.30	$ 11.30
Exercised
Range of Exercise Price
Lower end of exercise price	6.87	2.44
Upper end of exercise price	$ 16.27	$ 3.94

Stock-Based Compensation - Su84

Stock-Based Compensation - Summary of Restricted Stock Awards Activity (Details) - Restricted Stock	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Equity Awards
Exchanged | shares	180,374
Forfeited | shares	(1,602)
Vested | shares	(167,963)
Outstanding at the end of the Period (in shares) | shares	10,809
Weighted Average Grant Date Fair Value
Exchanged | $ / shares	$ 19.23
Forfeited | $ / shares	19.13
Vested | $ / shares	19.24
Unvested outstanding as of end of period | $ / shares	$ 19.13

Earnings per Share - Schedule o

Earnings per Share - Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Income Per Share Computations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Net income available to common stockholders	$ 89,693	$ 29,554	$ (46,328)	$ 1,021	$ 959	$ 9,682	$ 10,791	$ 3,370	$ 110,153	$ 5,399	$ 4,795	$ (6,164)	$ 73,940	$ 24,802	$ 114,183
Shares outstanding:
Weighted average shares outstanding - basic	76,961,015	76,902,070	67,453,095	47,120,751	47,105,744	47,193,120	47,071,608	46,933,094	46,670,735	46,516,614	46,516,614	46,494,638	67,133,531	47,033,311	46,550,042
Weighted average shares outstanding - diluted	77,998,742	77,959,689	68,469,191	48,081,281	47,849,554	47,834,644	47,721,075	47,534,761	47,227,127	46,763,589	46,657,618	46,494,638	68,102,814	47,701,562	47,008,980
Net income per common share attributable to common stockholders - basic:													$ 1.10	$ 0.53	$ 2.45
Net income per common share attributable to common stockholders - diluted:	$ 1.15	$ 0.38	$ (0.68)	$ 0.02	$ 0.02	$ 0.20	$ 0.23	$ 0.07	$ 2.33	$ 0.12	$ 0.10	$ (0.13)	$ 1.09	$ 0.52	$ 2.43
Stock Options
Shares outstanding:
Effect of dilutive securities													98,294	96,515	120,479
Restricted Stock Units (RSUs)
Shares outstanding:
Effect of dilutive securities													870,989	571,736	338,459

Accumulated Other Comprehensi86

Accumulated Other Comprehensive Income (Loss) - Summary of Change In Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	$ 12
Other comprehensive income	67		$ (75)
Ending Balance	79	$ 12
Scioto Downs | Defined Benefit Pension Plan
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	12	12	87
Other comprehensive income	67	0	(75)
Ending Balance	$ 79	$ 12	$ 12

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) - Fair Value Recurring Basis $ in Thousands	Dec. 31, 2017USD ($)
Assets:
Marketable securities	$ 17,631
Restricted cash and investments	13,153
Level 1
Assets:
Marketable securities	7,906
Restricted cash and investments	9,055
Level 2
Assets:
Marketable securities	9,725
Restricted cash and investments	$ 4,098

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assets, Level 1 to Level 2 transfers amount	$ 0
Fair value assets, Level 2 to Level 1 transfers amount	0
Accounts Receivable
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Concentration Risk, Credit Risk, Financial Instruments	$ 0	$ 0

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financial assets:
Restricted cash	$ 9,886
Financial liabilities:
Long-term debt	2,210,198
Capital leases	917	$ 543
7% Senior Notes
Financial liabilities:
Long-term debt	367,854	366,859
Term Loan
Financial liabilities:
Long-term debt		406,047
New Term Loan
Financial liabilities:
Long-term debt	938,002
Carrying Amount
Financial assets:
Cash and cash equivalents	134,596	61,029
Restricted cash	13,153	2,414
Marketable securities	17,631	0
Financial liabilities:
Capital leases	917	543
Acquisition-related contingent considerations	486	496
Carrying Amount | 7% Senior Notes
Financial liabilities:
Long-term debt	367,854	366,859
Carrying Amount | Term Loan
Financial liabilities:
Long-term debt	0	406,047
Carrying Amount | 6% Senior Notes
Financial liabilities:
Long-term debt	880,889	0
Carrying Amount | New Term Loan
Financial liabilities:
Long-term debt	938,002	0
Carrying Amount | Other long-term debt
Financial liabilities:
Long-term debt	2,531	0
Carrying Amount | Revolving Credit Facility
Financial liabilities:
Long-term debt	0	26,977
Fair Value
Financial assets:
Cash and cash equivalents	134,596	61,029
Restricted cash	13,153	2,414
Marketable securities	17,631	0
Financial liabilities:
Capital leases	917	543
Acquisition-related contingent considerations	486	496
Fair Value | 7% Senior Notes
Financial liabilities:
Long-term debt	400,800	397,500
Fair Value | Term Loan
Financial liabilities:
Long-term debt	0	423,858
Fair Value | 6% Senior Notes
Financial liabilities:
Long-term debt	914,375	0
Fair Value | New Term Loan
Financial liabilities:
Long-term debt	956,750	0
Fair Value | Other long-term debt
Financial liabilities:
Long-term debt	2,531	0
Fair Value | Revolving Credit Facility
Financial liabilities:
Long-term debt	$ 0	$ 29,000

Fair Value Measurements - Sum90

Fair Value Measurements - Summary of Change in Acquisition-Related Contingent Consideration Liability (Details) - Acquisition-Related Contingent Considerations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Change in acquisition-related contingent consideration liabilities
Balance at the beginning of the period	$ 496	$ 529	$ 524
Amortization of present value discount	69	70	52
Fair value adjustment for change in consideration expected to be paid	11	(13)	38
Settlements	(90)	(90)	(85)
Balance at the end of the period	$ 486	$ 496	$ 529

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)EmployeeAgreement	Dec. 31, 2015USD ($)
Capital lease
Future minimum lease payments - 2018	$ 0.6
Future minimum lease payments - 2019	0.4
Future minimum lease payments - 2020	0.1
Interest reduced to arrive at present value of minimum lease payments	0.2
Present value of minimum lease payments	$ 0.9
Bond requirements
Entity number of employees | Employee		12,500
Number of collective bargaining agreements | Agreement		11
Number of employees covered under collective bargaining agreements | Employee		970
Scioto Downs
Expenses under the terms of the ground lease
Renewal term	2 years
Other Operating Leases
Future minimum payments under non-cancellable operating leases
Rental expense	$ 28.2	$ 17	$ 14
C. S. & Y. Associates
Future minimum payments under non-cancellable operating leases
Rental expense	$ 0.6	$ 0.6	$ 0.6
Mountaineer Pari-mutuel Clerks
Expenses under the terms of the ground lease
Renewal term	1 year

Commitments and Contingencies92

Commitments and Contingencies - Schedule of Future Minimum Rental Payments For Operating Leases (Details) - Shreveport Ground Operating Lease $ in Thousands	Dec. 31, 2017USD ($)
Future minimum payments under non-cancellable operating leases
2,018	$ 12,057
2,019	10,034
2,020	8,400
2,021	7,539
2,022	6,628
Thereafter	143,530
Total	$ 188,188

Related Affiliates - Additional

Related Affiliates - Additional Information (Details)	1 Months Ended	12 Months Ended
	Nov. 30, 2017USD ($)	Dec. 31, 2017USD ($)aroom	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Oct. 31, 2017
Related affiliates
Receivable from partnership		$ 243,000
Other Investors
Related affiliates
Variable interest entity, ownership percentage		42.10%
Number of new rooms developed | room		118
Cash		$ 1,000,000
Land | a		2.4
Cost of hotel construction		$ 16,000,000
Contribution towards partnership for proportionate share of additional construction costs	$ 600,000
Receivable from partnership		$ 200,000
Recreational Enterprises, Inc.
Related affiliates
Percentage of outstanding shares owned		14.50%
Donald L Carano
Related affiliates
Financial advisory fees		$ 300,000	$ 400,000	$ 400,000
Gary Carano Family
Related affiliates
Related party transactions		0	0	0
Hotel Casino Management | Minimum
Related affiliates
Percentage of outstanding shares owned					5.00%
Raymond J. Poncia
Related affiliates
Financial advisory fees		$ 200,000	200,000	200,000
C. S. & Y. Associates
Related affiliates
Area of real property leased | a		30,000
Lease expiration date		Jun. 30, 2027
Annual rent payable		$ 600,000	$ 600,000	$ 600,000
C. S. & Y. Associates | Minimum
Related affiliates
Rent percentage of revenues		3.00%
Rent payable is 3% of		$ 6,500,000
Annual rent payable		$ 400,000
C. S. & Y. Associates | Maximum
Related affiliates
Rent percentage of revenues		0.10%
Rent payable is 0.1% of		$ 75,000,000

Segment Information - Additiona

Segment Information - Additional Information (Details)	4 Months Ended	8 Months Ended
	Apr. 30, 2017Regionsegment	Dec. 31, 2017Regionsegment
Segment Reporting [Abstract]
Number of geographic regions | Region	3	4
Number of reportable segments | segment	3	4

Segment Information - Summary o

Segment Information - Summary of Reportable Segment (Details)	4 Months Ended	8 Months Ended
	Apr. 30, 2017	Dec. 31, 2017
Nevada Segment | Eldorado Reno | NEVADA
Segment Reporting Information [Line Items]
Property	Eldorado Reno
State	Nevada
Nevada Segment | Silver Legacy | NEVADA
Segment Reporting Information [Line Items]
Property	Silver Legacy
State	Nevada
Nevada Segment | Circus Reno | NEVADA
Segment Reporting Information [Line Items]
Property	Circus Reno
State	Nevada
Louisiana Segment | Eldorado Shreveport | LOUISIANA
Segment Reporting Information [Line Items]
Property	Eldorado Shreveport
State	Louisiana
Eastern Segment | Presque Isle Downs | PENNSYLVANIA
Segment Reporting Information [Line Items]
Property	Presque Isle Downs
State	Pennsylvania
Eastern Segment | Scioto Downs | OHIO
Segment Reporting Information [Line Items]
Property	Scioto Downs
State	Ohio
Eastern Segment | Mountaineer | WEST VIRGINIA
Segment Reporting Information [Line Items]
Property	Mountaineer
State	West Virginia
West Segment | Eldorado Reno | NEVADA
Segment Reporting Information [Line Items]
Property		Eldorado Reno
State		Nevada
West Segment | Silver Legacy | NEVADA
Segment Reporting Information [Line Items]
Property		Silver Legacy
State		Nevada
West Segment | Circus Reno | NEVADA
Segment Reporting Information [Line Items]
Property		Circus Reno
State		Nevada
West Segment | Isle Black Hawk | COLORADO
Segment Reporting Information [Line Items]
Property		Isle Black Hawk
State		Colorado
West Segment | Lady Luck Black Hawk | COLORADO
Segment Reporting Information [Line Items]
Property		Lady Luck Black Hawk
State		Colorado
Midwest Segment | Waterloo | IOWA
Segment Reporting Information [Line Items]
Property		Waterloo
State		Iowa
Midwest Segment | Bettendorf | IOWA
Segment Reporting Information [Line Items]
Property		Bettendorf
State		Iowa
Midwest Segment | Boonville | MISSOURI
Segment Reporting Information [Line Items]
Property		Boonville
State		Missouri
Midwest Segment | Cape Girardeau | MISSOURI
Segment Reporting Information [Line Items]
Property		Cape Girardeau
State		Missouri
Midwest Segment | Caruthersville | MISSOURI
Segment Reporting Information [Line Items]
Property		Caruthersville
State		Missouri
Midwest Segment | Kansas City | MISSOURI
Segment Reporting Information [Line Items]
Property		Kansas City
State		Missouri
South Segment | Eldorado Shreveport | LOUISIANA
Segment Reporting Information [Line Items]
Property		Eldorado Shreveport
State		Louisiana
South Segment | Pompano | FLORIDA
Segment Reporting Information [Line Items]
Property		Pompano
State		Florida
South Segment | Lake Charles | LOUISIANA
Segment Reporting Information [Line Items]
Property		Lake Charles
State		Louisiana
South Segment | Lula | MISSISSIPPI
Segment Reporting Information [Line Items]
Property		Lula
State		Mississippi
South Segment | Vicksburg | MISSISSIPPI
Segment Reporting Information [Line Items]
Property		Vicksburg
State		Mississippi
East Segment | Presque Isle Downs | PENNSYLVANIA
Segment Reporting Information [Line Items]
Property		Presque Isle Downs
State		Pennsylvania
East Segment | Scioto Downs | OHIO
Segment Reporting Information [Line Items]
Property		Scioto Downs
State		Ohio
East Segment | Mountaineer | WEST VIRGINIA
Segment Reporting Information [Line Items]
Property		Mountaineer
State		West Virginia
East Segment | Nemacolin | PENNSYLVANIA
Segment Reporting Information [Line Items]
Property		Nemacolin
State		Pennsylvania

Segment Information - Schedule

Segment Information - Schedule of Operating Data for Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues and expenses
Net operating revenues													$ 1,473,504	$ 892,896	$ 719,784
Operating (loss) income	$ 29,987	$ 81,365	$ (30,632)	$ 14,149	$ 13,091	$ 28,109	$ 29,655	$ 18,263	$ 13,281	$ 24,092	$ 23,059	$ 12,084	94,869	89,118	72,516
Unallocated income and expenses:
Interest expense, net													(99,769)	(50,917)	(61,558)
Gain on valuation of unconsolidated affiliate															35,582
Loss on early retirement of debt, net													(38,430)	(155)	(1,937)
Benefit (provision) for income taxes													117,270	(13,244)	69,580
NET INCOME	$ 89,693	$ 29,554	$ (46,328)	$ 1,021	$ 959	$ 9,682	$ 10,791	$ 3,370	$ 110,153	$ 5,399	$ 4,795	$ (6,164)	73,940	24,802	114,183
Operating Segment | West Segment
Revenues and expenses
Net operating revenues													405,202	321,922	127,802
Operating (loss) income													66,329	41,620	13,989
Operating Segment | Midwest Segment
Revenues and expenses
Net operating revenues													268,385
Operating (loss) income													62,051
Operating Segment | South Segment
Revenues and expenses
Net operating revenues													336,709	131,496	136,342
Operating (loss) income													3,671	23,378	21,423
Operating Segment | East Segment
Revenues and expenses
Net operating revenues													462,702	439,478	455,640
Operating (loss) income													67,968	53,610	56,491
Corporate
Revenues and expenses
Net operating revenues													506
Operating (loss) income													$ (105,150)	$ (29,490)	$ (19,387)

Segment Information - Schedul97

Segment Information - Schedule of Capital Expenditures for Reportable Segments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Capital Expenditures	$ 83,522	$ 47,380	$ 36,762
Operating Segment | West Segment
Segment Reporting Information [Line Items]
Capital Expenditures	44,952	22,812	4,682
Operating Segment | Midwest Segment
Segment Reporting Information [Line Items]
Capital Expenditures	9,115
Operating Segment | South Segment
Segment Reporting Information [Line Items]
Capital Expenditures	7,672	5,842	4,032
Operating Segment | East Segment
Segment Reporting Information [Line Items]
Capital Expenditures	10,155	18,491	26,556
Corporate
Segment Reporting Information [Line Items]
Capital Expenditures	$ 11,628	$ 235	$ 1,492

Segment Information - Schedul98

Segment Information - Schedule of Capital Expenditures for Reportable Segments (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting [Abstract]
Reimbursement of capital expenditures from West Virginia regulatory authorities	$ 361	$ 4,207	$ 1,266

Segment Information - Schedul99

Segment Information - Schedule of Balance Sheet Information for Reportable Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 3,546,472	$ 1,294,044
Goodwill	747,106	66,826	$ 66,826
Corporate, Other & Eliminations
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	(910,472)	(62,975)
West Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	152,775
West Segment | Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,278,062	377,688
Midwest Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	327,088
Midwest Segment | Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,188,758
South Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	200,417
South Segment | Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	804,318	128,427
East Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	66,826	66,826	$ 66,826
East Segment | Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 1,185,806	$ 850,904

Segment Information - Schedu100

Segment Information - Schedule of Goodwill by Reportable Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Balance at January 1	$ 66,826	$ 66,826
Acquisitions	715,196	0
Impairments	(34,916)	0
Balance at December 31	747,106	66,826
West Segment
Segment Reporting Information [Line Items]
Acquisitions	152,775
Balance at December 31	152,775
Midwest Segment
Segment Reporting Information [Line Items]
Acquisitions	327,088
Balance at December 31	327,088
South Segment
Segment Reporting Information [Line Items]
Acquisitions	235,333
Impairments	(34,916)
Balance at December 31	200,417
East Segment
Segment Reporting Information [Line Items]
Balance at January 1	66,826	66,826
Acquisitions		0
Impairments		0
Balance at December 31	$ 66,826	$ 66,826

Consolidating Condensed Fina101

Consolidating Condensed Financial Information - Additional Information (Details)	Dec. 31, 2017	Sep. 13, 2017	Apr. 17, 2017	Mar. 29, 2017	Dec. 31, 2015
7% Senior Notes
Condensed Financial Statements Captions [Line Items]
Interest rate (as a percent)	7.00%				7.00%
6% Senior Notes
Condensed Financial Statements Captions [Line Items]
Interest rate (as a percent)	6.00%	6.00%	6.00%	6.00%

Consolidating Condensed Fina102

Consolidating Condensed Financial Information - Consolidating Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Condensed Balance Sheet
Current assets	$ 251,032	$ 101,753
Property and equipment, net	1,502,817	612,342
Other assets	1,792,623	579,949
Total assets	3,546,472	1,294,044
Current liabilities	219,059	102,040
Long-term debt, less current maturities	2,189,578	795,881
Deferred income tax liabilities	164,130	90,385
Other accrued liabilities	28,579	7,287
Stockholders’ equity	945,126	298,451
Total liabilities and stockholders’ equity	3,546,472	1,294,044
Reportable Legal Entities | Eldorado Resorts, Inc. (Parent Obligor)
Condensed Balance Sheet
Current assets	27,572	1,860
Intercompany receivables	274,147	371,765
Investments in subsidiaries	2,440,816	299,705
Property and equipment, net	12,042	1,965
Other assets	37,459	55,158
Total assets	2,792,036	730,453
Current liabilities	28,677	11,381
Long-term debt, less current maturities	1,814,185	420,633
Other accrued liabilities	4,127
Stockholders’ equity	945,047	298,439
Total liabilities and stockholders’ equity	2,792,036	730,453
Reportable Legal Entities | Guarantor Subsidiaries
Condensed Balance Sheet
Current assets	201,321	99,494
Property and equipment, net	1,483,473	610,377
Other assets	1,764,291	572,448
Total assets	3,449,085	1,282,319
Current liabilities	164,656	90,643
Intercompany payables	308,640	372,951
Long-term debt, less current maturities	350,000	375,248
Deferred income tax liabilities	200,539	138,053
Other accrued liabilities	19,624	7,287
Stockholders’ equity	2,405,626	298,137
Total liabilities and stockholders’ equity	3,449,085	1,282,319
Reportable Legal Entities | Non-Guarantor Subsidiaries
Condensed Balance Sheet
Current assets	22,139	399
Intercompany receivables	34,493	1,186
Property and equipment, net	7,302
Other assets	27,282	11
Total assets	91,216	1,596
Current liabilities	25,726	16
Long-term debt, less current maturities	25,393
Other accrued liabilities	4,828
Stockholders’ equity	35,269	1,580
Total liabilities and stockholders’ equity	91,216	1,596
Consolidating and Eliminating Entries
Condensed Balance Sheet
Intercompany receivables	(308,640)	(372,951)
Investments in subsidiaries	(2,440,816)	(299,705)
Other assets	(36,409)	(47,668)
Total assets	(2,785,865)	(720,324)
Intercompany payables	(308,640)	(372,951)
Deferred income tax liabilities	(36,409)	(47,668)
Stockholders’ equity	(2,440,816)	(299,705)
Total liabilities and stockholders’ equity	$ (2,785,865)	$ (720,324)

Consolidating Condensed Fina103

Consolidating Condensed Financial Information - Consolidating Condensed Statements of Income (Details) - USD ($) $ in Thousands	Nov. 21, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Gaming and pari-mutuel commissions														$ 1,242,674	$ 701,613	$ 623,258
Non-gaming														363,915	281,583	161,283
Gross revenues		$ 467,467	$ 512,530	$ 406,840	$ 219,752	$ 227,379	$ 266,256	$ 255,010	$ 234,551	$ 203,840	$ 199,536	$ 198,356	$ 182,809	1,606,589	983,196	784,541
Less-promotional allowances		(39,247)	(41,785)	(33,226)	(18,827)	(20,929)	(24,691)	(23,695)	(20,985)	(17,680)	(15,996)	(15,723)	(15,358)	(133,085)	(90,300)	(64,757)
Net operating revenues		428,220	470,745	373,614	200,925	206,450	241,565	231,315	213,566	186,160	183,540	182,633	167,451	1,473,504	892,896	719,784
Operating expenses:
Gaming and pari-mutuel commissions														651,871	400,112	367,545
Non-gaming														155,035	139,545	79,238
Marketing and promotions														82,525	40,600	31,227
General and administrative														241,095	130,172	96,870
Corporate														30,739	19,880	16,469
Impairment charges														38,016
Depreciation and amortization														105,891	63,449	56,921
Total operating expenses		414,298	387,267	318,635	184,972	189,405	208,731	200,768	194,854	171,464	161,610	160,430	154,766	1,305,172	793,758	648,270
Loss on sale of asset or disposal of property and equipment														(319)	(836)	(6)
PROCEEDS FROM TERMINATED SALE	$ 20,000													20,000
Transaction expenses														(92,777)	(9,184)	(2,452)
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES														(367)		3,460
OPERATING INCOME		29,987	81,365	(30,632)	14,149	13,091	28,109	29,655	18,263	13,281	24,092	23,059	12,084	94,869	89,118	72,516
Interest expense, net														(99,769)	(50,917)	(61,558)
Loss on early retirement of debt, net														(38,430)	(155)	(1,937)
Gain on valuation of unconsolidated affiliate																35,582
NET (LOSS) INCOME BEFORE INCOME TAXES														(43,330)	38,046	44,603
Benefit (provision) for income taxes														117,270	(13,244)	69,580
Income (loss) from continuingoperations																114,183
NET INCOME		$ 89,693	$ 29,554	$ (46,328)	$ 1,021	$ 959	$ 9,682	$ 10,791	$ 3,370	$ 110,153	$ 5,399	$ 4,795	$ (6,164)	73,940	24,802	114,183
Reportable Legal Entities | Eldorado Resorts, Inc. (Parent Obligor)
Operating expenses:
Corporate														31,620	19,560	13,738
Management fee														(31,620)	(19,841)	(13,760)
Depreciation and amortization														1,030	454	369
Total operating expenses														1,030	173	347
Loss on sale of asset or disposal of property and equipment														(20)
Transaction expenses														(70,865)	(9,184)	(2,368)
OPERATING INCOME														(71,915)	(9,357)	(2,715)
Interest expense, net														(73,448)	(24,562)	(10,613)
Loss on early retirement of debt, net														(38,430)	(155)	(1,855)
Subsidiary income (loss)														205,811	45,647	86,082
NET (LOSS) INCOME BEFORE INCOME TAXES														22,018	11,573	70,899
Benefit (provision) for income taxes														51,922	13,229	43,284
Income (loss) from continuingoperations																114,183
NET INCOME														73,940	24,802	114,183
Reportable Legal Entities | Guarantor Subsidiaries
Revenues:
Gaming and pari-mutuel commissions														1,219,367	701,348	622,997
Non-gaming														356,236	281,493	161,283
Gross revenues														1,575,603	982,841	784,280
Less-promotional allowances														(131,694)	(90,300)	(64,757)
Net operating revenues														1,443,909	892,541	719,523
Operating expenses:
Gaming and pari-mutuel commissions														635,552	400,112	367,545
Non-gaming														154,030	139,545	79,238
Marketing and promotions														80,267	40,596	31,220
General and administrative														235,963	130,172	96,870
Corporate														(4,318)	320	2,731
Impairment charges														38,016
Management fee														31,620	19,841	13,760
Depreciation and amortization														104,454	62,995	56,552
Total operating expenses														1,275,584	793,581	647,916
Loss on sale of asset or disposal of property and equipment														(299)	(836)	(6)
PROCEEDS FROM TERMINATED SALE														20,000
Transaction expenses														(21,912)		(84)
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES														(367)		3,460
OPERATING INCOME														165,747	98,124	74,977
Interest expense, net														(25,221)	(26,355)	(50,945)
Loss on early retirement of debt, net																(82)
Gain on valuation of unconsolidated affiliate																35,582
NET (LOSS) INCOME BEFORE INCOME TAXES														140,526	71,769	59,532
Benefit (provision) for income taxes														70,288	(26,350)	26,371
Income (loss) from continuingoperations																85,903
NET INCOME														210,814	45,419	85,903
Reportable Legal Entities | Non-Guarantor Subsidiaries
Revenues:
Gaming and pari-mutuel commissions														23,307	265	261
Non-gaming														7,679	90
Gross revenues														30,986	355	261
Less-promotional allowances														(1,391)
Net operating revenues														29,595	355	261
Operating expenses:
Gaming and pari-mutuel commissions														16,319
Non-gaming														1,005
Marketing and promotions														2,258	4	7
General and administrative														5,132
Corporate														3,437
Depreciation and amortization														407
Total operating expenses														28,558	4	7
OPERATING INCOME														1,037	351	254
Interest expense, net														(1,100)
NET (LOSS) INCOME BEFORE INCOME TAXES														(63)	351	254
Benefit (provision) for income taxes														(4,940)	(123)	(75)
Income (loss) from continuingoperations																179
NET INCOME														(5,003)	228	179
Consolidating and Eliminating Entries
Operating expenses:
Subsidiary income (loss)														(205,811)	(45,647)	(86,082)
NET (LOSS) INCOME BEFORE INCOME TAXES														(205,811)	(45,647)	(86,082)
Income (loss) from continuingoperations																(86,082)
NET INCOME														$ (205,811)	$ (45,647)	$ (86,082)

Consolidating Condensed Fina104

Consolidating Condensed Financial Information - Consolidating Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Condensed Statement of Cash Flows
Net cash (used in) provided by operating activities	$ 130,241	$ 97,570	$ 56,715
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(83,522)	(47,380)	(36,762)
Reimbursement of capital expenditures from West Virginia regulatory authorities	361	4,207	1,266
Restricted cash	19,514
Proceeds from sale of property and equipment	135	1,560	153
Decrease in restricted cash due to credit support deposit			2,500
(Increase) Decrease in other assets, net		659	115
Net cash (used in) provided by business combinations	(1,343,659)	(194)	(125,016)
Investment in and loans to unconsolidated affiliate	(604)		(1,010)
Net cash used in investing activities	(1,407,775)	(41,148)	(158,754)
FINANCING ACTIVITIES:
Proceeds from issuance of New Term Loan			800,000
Payments under Term Loan		(4,250)
Retirement of long-term debt			(728,664)
Debt premium proceeds	27,500
Payment of other long-term obligation	(43)
Payments on capital leases	(490)	(274)	(88)
Debt issuance costs	(51,526)	(4,288)	(25,820)
Call premium on early retirement of debt			(44,090)
Taxes paid related to net share settlement of equity awards	(11,365)	(744)
Proceeds from exercise of stock options	2,900	385
Net cash provided by (used in) financing activities	1,351,101	(73,671)	92,713
INCREASE IN CASH AND CASH EQUIVALENTS	73,567	(17,249)	(9,326)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	61,029	78,278	87,604
CASH AND CASH EQUIVALENTS, END OF YEAR	134,596	61,029	78,278
New Term Loan
FINANCING ACTIVITIES:
Proceeds from issuance of New Term Loan	1,450,000
Payments on Term Loan	(493,250)
6% Senior Notes
FINANCING ACTIVITIES:
Proceeds from issuance of Senior Notes	875,000
New Revolving Credit Facility
FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	166,953
Payments under Revolving Credit Facility	(166,953)
Term Loan
FINANCING ACTIVITIES:
Payments under Term Loan	(1,062)	(4,250)	425,000
Retirement of long-term debt	(417,563)
New Revolving Credit Facility
FINANCING ACTIVITIES:
Payments under Revolving Credit Facility	(166,953)
Prior Revolving Credit Facility
FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	41,000	73,000	131,000
Payments under Revolving Credit Facility	(29,000)	(137,500)	(37,500)
Retirement of long-term debt	(41,000)
7% Senior Notes
FINANCING ACTIVITIES:
Proceeds from issuance of Senior Notes			375,000
Principal payments under 7% Senior Notes			(2,125)
Reportable Legal Entities | Eldorado Resorts, Inc. (Parent Obligor)
Condensed Statement of Cash Flows
Net cash (used in) provided by operating activities	(44,767)	(16,919)	(2,951)
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(11,073)	133	(2,922)
(Increase) Decrease in other assets, net		(16)	(89)
Net cash (used in) provided by business combinations	(1,385,978)		(18,394)
Net cash used in investing activities	(1,397,051)	117	(21,405)
FINANCING ACTIVITIES:
Proceeds from issuance of New Term Loan			800,000
Payments under Term Loan		(4,250)
Retirement of long-term debt			(728,664)
Debt premium proceeds	27,500
Net proceeds from (payments to) related parties	102,618	90,353	(67,788)
Payment of other long-term obligation	(43)
Debt issuance costs	(51,526)	(4,288)	(25,820)
Call premium on early retirement of debt			(44,090)
Taxes paid related to net share settlement of equity awards	(11,365)	(744)
Proceeds from exercise of stock options	2,900	385
Net cash provided by (used in) financing activities	1,454,209	16,956	25,013
INCREASE IN CASH AND CASH EQUIVALENTS	12,391	154	657
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	811	657
CASH AND CASH EQUIVALENTS, END OF YEAR	13,202	811	657
Reportable Legal Entities | Guarantor Subsidiaries
Condensed Statement of Cash Flows
Net cash (used in) provided by operating activities	170,553	114,388	59,494
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(70,810)	(47,512)	(33,840)
Reimbursement of capital expenditures from West Virginia regulatory authorities	361	4,207	1,266
Restricted cash	19,535
Proceeds from sale of property and equipment	135	1,560	153
Decrease in restricted cash due to credit support deposit			2,500
(Increase) Decrease in other assets, net		675	204
Net cash (used in) provided by business combinations	37,103	(194)	(106,622)
Investment in and loans to unconsolidated affiliate	(604)		(1,010)
Net cash used in investing activities	(14,280)	(41,264)	(137,349)
FINANCING ACTIVITIES:
Net proceeds from (payments to) related parties	(100,847)	(90,486)	68,511
Payments on capital leases	(318)	(274)	(88)
Net cash provided by (used in) financing activities	(101,165)	(90,760)	68,423
INCREASE IN CASH AND CASH EQUIVALENTS	55,108	(17,636)	(9,432)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	59,817	77,453	86,885
CASH AND CASH EQUIVALENTS, END OF YEAR	114,925	59,817	77,453
Reportable Legal Entities | Non-Guarantor Subsidiaries
Condensed Statement of Cash Flows
Net cash (used in) provided by operating activities	4,455	101	172
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(1,639)	(1)
Restricted cash	(21)
Net cash (used in) provided by business combinations	5,216
Net cash used in investing activities	3,556	(1)
FINANCING ACTIVITIES:
Net proceeds from (payments to) related parties	(1,771)	133	(723)
Payments on capital leases	(172)
Net cash provided by (used in) financing activities	(1,943)	133	(723)
INCREASE IN CASH AND CASH EQUIVALENTS	6,068	233	(551)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	401	168	719
CASH AND CASH EQUIVALENTS, END OF YEAR	6,469	401	168
Reportable Legal Entities | New Term Loan | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Proceeds from issuance of New Term Loan	1,450,000
Payments on Term Loan	(493,250)
Reportable Legal Entities | 6% Senior Notes | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Proceeds from issuance of Senior Notes	875,000
Reportable Legal Entities | New Revolving Credit Facility | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	166,953
Reportable Legal Entities | Term Loan | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Payments under Term Loan	(1,062)
Retirement of long-term debt	(417,563)
Reportable Legal Entities | New Revolving Credit Facility | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Payments under Revolving Credit Facility	(166,953)
Reportable Legal Entities | Prior Revolving Credit Facility | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Borrowings under Revolving Credit Facility	41,000	73,000	131,000
Payments under Revolving Credit Facility	(29,000)	$ (137,500)	(37,500)
Retirement of long-term debt	$ (41,000)
Reportable Legal Entities | 7% Senior Notes | Eldorado Resorts, Inc. (Parent Obligor)
FINANCING ACTIVITIES:
Principal payments under 7% Senior Notes			$ (2,125)

Quarterly Data (Unaudited) (Det

Quarterly Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Quarterly Data Unaudited
Revenues	$ 467,467	$ 512,530	$ 406,840	$ 219,752	$ 227,379	$ 266,256	$ 255,010	$ 234,551	$ 203,840	$ 199,536	$ 198,356	$ 182,809	$ 1,606,589	$ 983,196	$ 784,541
Less-promotional allowances	(39,247)	(41,785)	(33,226)	(18,827)	(20,929)	(24,691)	(23,695)	(20,985)	(17,680)	(15,996)	(15,723)	(15,358)	(133,085)	(90,300)	(64,757)
Net operating revenues	428,220	470,745	373,614	200,925	206,450	241,565	231,315	213,566	186,160	183,540	182,633	167,451	1,473,504	892,896	719,784
Operating expenses	414,298	387,267	318,635	184,972	189,405	208,731	200,768	194,854	171,464	161,610	160,430	154,766	1,305,172	793,758	648,270
Operating (loss) income	29,987	81,365	(30,632)	14,149	13,091	28,109	29,655	18,263	13,281	24,092	23,059	12,084	94,869	89,118	72,516
Net income (loss)	$ 89,693	$ 29,554	$ (46,328)	$ 1,021	$ 959	$ 9,682	$ 10,791	$ 3,370	$ 110,153	$ 5,399	$ 4,795	$ (6,164)	$ 73,940	$ 24,802	$ 114,183
Earnings Per Share, Basic [Abstract]
Basic net income (loss) per common share	$ 1.17	$ 0.38	$ (0.69)	$ 0.02	$ 0.02	$ 0.21	$ 0.23	$ 0.07	$ 2.36	$ 0.12	$ 0.10	$ (0.13)
Weighted Average Basic Shares Outstanding	76,961,015	76,902,070	67,453,095	47,120,751	47,105,744	47,193,120	47,071,608	46,933,094	46,670,735	46,516,614	46,516,614	46,494,638	67,133,531	47,033,311	46,550,042
Earnings Per Share, Diluted [Abstract]
Diluted net income (loss) per common share	$ 1.15	$ 0.38	$ (0.68)	$ 0.02	$ 0.02	$ 0.20	$ 0.23	$ 0.07	$ 2.33	$ 0.12	$ 0.10	$ (0.13)	$ 1.09	$ 0.52	$ 2.43
Weighted Average Diluted Shares Outstanding	77,998,742	77,959,689	68,469,191	48,081,281	47,849,554	47,834,644	47,721,075	47,534,761	47,227,127	46,763,589	46,657,618	46,494,638	68,102,814	47,701,562	47,008,980

Schedule II - Valuation and 106

Schedule II - Valuation and Qualifying Accounts (Details) - Allowance for Doubtful Accounts - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Balance at Beginning of Period	$ 1,221	$ 2,074	$ 2,589
Acquisition	461
Additions	531	161	(18)
Deductions	993	1,014	497
Balance at End of Period	$ 1,220	$ 1,221	$ 2,074

Schedule II - Valuation and 107

Schedule II - Valuation and Qualifying Accounts (Parenthetical) (Details) - Allowance for Doubtful Accounts - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Uncollectible accounts written off	$ 700,000		$ 900,000
Uncollectible accounts recoveries		$ 0