Eldorado Resorts, Inc. (NASDAQ:ERI) ("Eldorado," "ERI," or the "Company") announced today that it priced its previously announced offering of an additional $500 million in aggregate principal amount of its 6% senior notes due 2025 (the "Notes") at an issue price equal to 105.5% of the principal amount of the Notes. The offering size represents an increase of $150 million from the previously announced offering size. The offering is expected to close on or about September 13, 2017, subject to customary closing conditions.

ERI will use the proceeds of the offering to repay all of the outstanding borrowings under its revolving credit facility, which borrowings were approximately $78 million as of September 8, 2017, and will use the remainder to repay outstanding borrowings under ERI's term loan facility and related accrued interest.

ERI has filed a registration statement on Form S-3 (including a prospectus) with the Securities and Exchange Commission (the "SEC") for this offering. Prospective investors should read the final prospectus forming a part of that registration statement when it becomes available and the other documents that ERI has filed with the SEC for more complete information about ERI and this offering. A copy of the final prospectus may be obtained when it becomes available by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department (or by calling toll-free (866) 803-9204), or by visiting EGAR on the SEC website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Eldorado Resorts, Inc.

Eldorado Resorts is a leading casino entertainment company that owns and operates nineteen properties in ten states, including Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio, Pennsylvania and West Virginia. In aggregate, Eldorado's properties feature approximately 20,000 slot machines and VLTs, more than 550 table games and over 6,500 hotel rooms. For more information, please visit www.eldoradoresorts.com.

Forward-Looking Statements

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