Eldorado Resorts Inc (ERI)

[Chelski]

FTC and gaming commissions approvals have not really been in question. Most insiders don’t see a problem to get approvals. NJ gaming commission have all former ERI and Caesars employees.
The biggest question mark has always been the banks and funding. This is a 17 billion deal , creating the biggest US based gaming company during a time of crisis and looks like the banks are still on board here. Most likely we don’t see a new company till July early Aug. IMO that even better . Anticipation and speculation that drives the SP and this will give more time to run. GL