Filing Details

Accession Number:
0001341004-17-000345
Form Type:
13G Filing
Publication Date:
2017-05-31 15:56:02
Filed By:
Gfil Holdings, Llc
Company:
Caesars Entertainment Inc. (NASDAQ:CZR)
Filing Date:
2017-05-31
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
JEFFREY D. GOLDSTEIN 19,156 7,099,622 19,156 7,099,622 7,118,778 9.4%
RICHARD A. GOLDSTEIN 15,970 7,099,622 15,970 7,099,622 7,115,592 9.4%
ROBERT S. GOLDSTEIN 79,290 7,099,622 79,290 7,099,622 7,178,912 9.4%
GFIL HOLDINGS 7,099,622 0 7,099,622 0 7,099,622 9.4%
Filing
 
CUSIP No. 28470R102
13G
Page 1 of 9

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

SCHEDULE 13G
Under the Securities Exchange Act of 1934

ELDORADO RESORTS, INC.

(Name of Issuer)

Common Stock, par value of $0.00001

(Title of Class of Securities)

28470R102

(CUSIP Number)
 
Howard L. Ellin, Esq.
Michael J. Schwartz, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
May 1, 2017

(Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐  Rule 13d-1(b)
☑  Rule 13d-1(c)
☐  Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




CUSIP No. 28470R102
13G
Page 2 of 9

 
 
 1
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
JEFFREY D. GOLDSTEIN
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
 
(a)  ☐
(b)  ☑
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
 
5  
SOLE VOTING POWER
19,156 shares
6  
SHARED VOTING POWER
7,099,622 shares
7  
SOLE DISPOSITIVE POWER
19,156 shares
8  
SHARED DISPOSITIVE POWER
7,099,622 shares
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,118,778 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.4%
12
TYPE OF REPORTING PERSON
IN




CUSIP No. 28470R102
13G
Page 3 of 9

 
 
1
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON   
RICHARD A. GOLDSTEIN
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
 
(a)  ☐
(b)  ☑
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
 
5  
SOLE VOTING POWER
15,970 shares
6  
SHARED VOTING POWER
7,099,622 shares
7  
SOLE DISPOSITIVE POWER
15,970 shares
8  
SHARED DISPOSITIVE POWER
7,099,622 shares
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,115,592 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.4%
12
TYPE OF REPORTING PERSON
IN




CUSIP No. 28470R102
13G
Page 4 of 9


 
 1
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON   
ROBERT S. GOLDSTEIN
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
 
(a)  ☐
(b)  ☑
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
 
5  
SOLE VOTING POWER
79,290 shares
6  
SHARED VOTING POWER
7,099,622 shares
7  
SOLE DISPOSITIVE POWER
79,290 shares
8  
SHARED DISPOSITIVE POWER
7,099,622 shares
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,178,912 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.4%
12
TYPE OF REPORTING PERSON
IN




CUSIP No. 28470R102
13G
Page 5 of 9


 
 1
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON   
GFIL HOLDINGS, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
 
(a)  ☐
(b)  ☑
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
 
5  
SOLE VOTING POWER
7,099,622 shares
6  
SHARED VOTING POWER
0 shares
7  
SOLE DISPOSITIVE POWER
7,099,622 shares
8  
SHARED DISPOSITIVE POWER
0 shares
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,099,622 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.4%
12
TYPE OF REPORTING PERSON
OO




CUSIP No. 28470R102
13G
Page 6 of 9


 
ITEM 1.
     
 
(a)
Name of Issuer
Eldorado Resorts, Inc.
 
 
 
 
(b)
Address of Issuer’s Principal Executive Offices
100 West Liberty Street, Suite 1150, Reno, Nevada 89501

ITEM 2.
     
 
(a)
Name of Person Filing

Jeffrey D. Goldstein
Richard A. Goldstein
Robert S. Goldstein
GFIL Holdings, LLC
 
 
 
 
(b)
Address of the Principal Office or, if none, residence
 
The business address of Jeffrey D. Goldstein is 2117 State Street, Suite 300, Bettendorf, Iowa 52722.
The business address of Richard A. Goldstein is 700 Office Parkway, St. Louis, Missouri 63141.
The business address of Robert S. Goldstein is 700 Office Parkway, St. Louis, Missouri 63141.
The address for GFIL Holdings, LLC is 2117 State Street, Suite 300, Bettendorf, Iowa 52722.
 
 
 
 
(c)
Citizenship

Each filing individual is a citizen of the United States of America. GFIL Holdings, LLC is organized under the laws of the state of Delaware.
 
 
 
 
(d)
Title of Class of Securities

Common Stock, par value of $0.00001
 
 
 
 
(e)
CUSIP Number

28470R102

ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
       
 
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 
 
 
 
 
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).




CUSIP No. 28470R102
13G
Page 7 of 9

 
 
 
 
 
 
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
 
 
 
 
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
 
 
 
 
(e)
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
 
 
 
 
(f)
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
 
 
 
 
(g)
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
 
 
 
 
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
 
 
 
 
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
 
 
 
 
(j)
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

ITEM 4.  OWNERSHIP.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)
As of the date of this filing, Jeffrey D. Goldstein, Richard A. Goldstein, Robert S. Goldstein and GFIL Holdings, Inc. (the “Reporting Persons”) beneficially owned in the aggregate 7,214,038 shares of Common Stock.
   
(b)
As of the date of this filing, the Reporting Persons beneficially owned approximately 9.5% of the issued and outstanding shares of Common Stock.  The percentage above is calculated based upon the 75,673,852 shares of Common Stock issued and outstanding as reported on the Form 10-Q of Eldorado Resorts, Inc. for the quarterly period ended March 31, 2017.
   
(c)
The number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition is reflected in the table below for each of the Reporting Persons:
 
Name
Sole Voting
Shared Voting
Sole Dispositive Power
Shared Dispositive Power
Jeffrey D. Goldstein
19,156
7,099,622 (1)
19,156
7,099,622 (1)
Richard A. Goldstein
15,970
7,099,622 (2)
15,970
7,099,622 (2)
Robert S. Goldstein
79,290
7,099,622 (3)
79,290
7,099,622 (3)
GFIL Holdings, LLC
7,099,622 (4)
0
7,099,622 (4)
0
 
___________________

 
(1)
Consists of 7,099,622 shares of which Jeffrey D. Goldstein, as manager of GFIL Holdings, LLC, has indirect beneficial ownership (such indirect beneficial ownership arises from the power to vote or to direct the vote or the power to dispose or direct the disposition of such shares and does not necessarily constitute a personal ownership interest in such shares).




CUSIP No. 28470R102
13G
Page 8 of 9

 
 
(2)
Consists of 7,099,622 shares of which Richard A. Goldstein, as manager of GFIL Holdings, LLC, has indirect beneficial ownership (such indirect beneficial ownership arises from the power to vote or to direct the vote or the power to dispose or direct the disposition of such shares and does not necessarily constitute a personal ownership interest in such shares).
 
(3)
Consists of 7,099,622 shares of which Robert S. Goldstein, as manager of GFIL Holdings, LLC, has indirect beneficial ownership (such indirect beneficial ownership arises from the power to vote or to direct the vote or the power to dispose or direct the disposition of such shares and does not necessarily constitute a personal ownership interest in such shares).
 
(4)
Shares owned by GFIL Holdings, LLC are reported as beneficially owned by Jeffrey D. Goldstein, Robert S. Goldstein and Richard A. Goldstein.

Except to the extent expressly stated herein, each Reporting Person disclaims beneficial ownership of any shares of Common Stock beneficially owned by any other Reporting Person.
ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not applicable.
ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Not applicable.
ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

Not applicable.
ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.  
ITEM 9.  NOTICE OF DISSOLUTION OF GROUP.

Not applicable. 
ITEM 10.  CERTIFICATION.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.




CUSIP No. 28470R102
13G
Page 9 of 9



 
SIGNATURE
 
After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each certifies that the information set forth in this statement is true, complete and correct.
 

Date:  May 31, 2017
/s/ Jeffrey D. Goldstein
 
 
Jeffrey D. Goldstein
 
       
       
 
/s/  Richard A. Goldstein
 
 
Richard A. Goldstein
 
       
       
 
/s/  Robert S. Goldstein
 
 
Robert S. Goldstein
 
       
       
 
GFIL HOLDINGS, LLC
 
       
 
By:  
/s/ Jeffrey D. Goldstein
 
   
Name:  Jeffrey D. Goldstein
Title:  Manager