Eldorado Hotel and Casino Reno
- Founded
- 1973-01-01 in Reno, Nevada, U.S.
- Headquarters
- 345 North Virginia Street, Reno, Nevada 89501, U.S.
Opened on May 24, 1973, the Eldorado Resort Casino is a landmark hotel and casino in downtown Reno, Nevada, founded by Don Carano and a group of investors. Initially featuring 272 rooms and 200 slot machines, it has grown through multiple expansions into a sprawling complex with 815 guest rooms, an 81,000-square-foot casino floor, and over 1,000 slot machines as well as table games, a race and sportsbook, and a keno lounge. The property offers diverse dining including the award-winning Italian restaurant La Strada and the on-site microbrewery Brew Brothers, alongside a 580-seat showroom, full-service spa, seasonal outdoor pool, and convention center. In 2020, its parent company Eldorado Resorts merged with Caesars Entertainment, and the Eldorado now operates as part of the Caesars Rewards loyalty program under the name Eldorado Reno Resort & Casino, a Caesars Destination. It remains a central anchor of downtown Reno's connected casino network, linked via corridors to Circus Circus Reno and Silver Legacy Reno. A $24 million renovation plan was filed in 2025 to remodel guest rooms and corridors in the Virginia and Sierra Towers, underscoring ongoing investment in the property.
Detailed Review
History
The Eldorado Resort Casino was founded on May 24, 1973, by Don Carano along with William Carano, George Siri, George Yori, Richard Stringham, and Jerry Poncia. It was the first hotel-casino built north of the railroad tracks on Virginia Street in downtown Reno. Over the decades, the property underwent numerous expansions, increasing from an initial 272 rooms and 200 slot machines to its current size of 815 rooms and a 78,987-square-foot casino (though some sources report 81,000 square feet). The Eldorado was operated by the Carano family through Eldorado Resorts until that company merged with Caesars Entertainment in July 2020, making the property part of the Caesars portfolio.
Business Model
The Eldorado generates revenue through casino gaming (slots, table games, sportsbook, keno), hotel room bookings, food and beverage operations (including its microbrewery and fine-dining restaurant), entertainment ticketing for the showroom, and ancillary services such as spa and pool access. As a Caesars property, it benefits from the Caesars Rewards loyalty program, which drives repeat visits across the company’s national network. The connected corridor to Silver Legacy and Circus Circus creates a combined “city within a city” that attracts foot traffic among the three properties.
Products and Brands
Key products include the Eldorado Hotel & Casino itself, with 815 rooms across four towers (Skyline, Spa, Sierra, Virginia). The Brew Brothers microbrewery offers craft beer and live music. La Strada is the fine-dining Italian restaurant. Millies 24 is a 24-hour coffee shop. Roxy is an American grill and bar. The Eldorado Showroom seats 580 and hosts Broadway-style productions. Other amenities include the NoVi Lounge, a full-service spa, and a seasonal outdoor pool. The casino floor features more than 1,000 slot machines, table games, a race and sportsbook, and a keno lounge.
Market Position
The Eldorado is one of the three major connected casino properties in downtown Reno, alongside Circus Circus and Silver Legacy. It competes with other Reno casino resorts such as the Peppermill, Atlantis, and Grand Sierra Resort. Its location on Virginia Street and integration with Caesars Rewards give it a competitive edge in attracting both leisure and convention travelers. The $24 million renovation announced in 2025 is part of a broader trend of regional upgrades by Caesars to maintain property quality.
Recent News
In September 2025, Eldorado Reno filed plans for a $24 million renovation to remodel guest rooms and corridors in the Virginia and Sierra Towers. This investment reflects Caesars’ commitment to the property’s long-term viability in the competitive Reno market.
Key Products
Eldorado Hotel & Casino
The core hotel and casino resort with 815 rooms and a casino floor featuring over 1,000 slot machines, table games, sportsbook, and keno.
The Brew Brothers
On-site microbrewery and live music venue offering craft beers and entertainment.
Roxy
American grill and bar serving burgers, steaks, and cocktails.
NoVi Lounge
Cocktail lounge with a modern ambiance.
Caesars Rewards
Loyalty program integrated across all Caesars properties, offering points and perks.
La Strada
Award-winning Italian fine-dining restaurant located within the casino.
Millies 24
24-hour casual coffee shop and bakery.
Eldorado Showroom
580-seat Broadway-style theater featuring live productions.
Spa & Pool
Full-service spa and seasonal outdoor pool.
Key Persons
- Don Carano
Founder
Notable past members
- Gary Carano — Various operational roles (valet, front desk, room attendant, etc.)
- Gary Carano — General Manager & Chief Executive Officer