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Eldorado Resorts posts Q1 loss as impairment charges weigh on bottom line

12th May 2020 1:52 pm GMT
Eldorado Resorts
SBTech

New York-listed casino operator Eldorado Resorts has reported a 26 per cent decline in net revenue to $473.1m for the first quarter of 2020, following the mandated closure of all of its properties in mid-March due to COVID-19.

For the first two months of the year, revenue was up 7 per cent year-on-year, although this was offset by a significant decline in March following the mandated closure of all of its properties on 18 March due [...]

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