• / Free eNewsletters & Magazine
  • / My Account
Home>Eldorado Resorts Mourns the Passing of Founder Don Carano

Eldorado Resorts Mourns the Passing of Founder Don Carano

Eldorado Resorts Mourns the Passing of Founder Don Carano

10/05/2017

Eldorado Resorts Mourns the Passing of Founder Don Carano

Donald Louis Carano, founder of Eldorado Resorts Inc., passed away peacefully on October 3, 2017 surrounded by his family. He was 85 years young.

A pioneer in the gaming, law and wine industries, Mr. Carano was also an entrepreneur, hotelier, restaurateur, husband, father and grandfather. Don is celebrated as a family-oriented, passionate leader in his many businesses, including: Eldorado Resorts, Ferrari-Carano Vineyards and Winery, and the McDonald Carano law firm. He was also known throughout his life as a longtime supporter of philanthropic endeavors in both Reno and his wine country home in Geyserville, Alexander Valley, CA.

A second-generation Italian-American, Don was born in Reno on October 17, 1931. He completed his undergraduate degree at the University of San Francisco, followed by two years as an Officer in the United States Army.

Returning to USF, Don graduated with honors from USF Law School and began his law practice in Reno. He was a founding member of the prestigious McDonald Carano law firm and was proud to maintain an “of counsel” relationship with the firm until his passing.

In 1967, Don became a partner in the Boomtown Casino with his friends Bob Cashell and Bob McDonald. In 1972, he became a co-owner of the Pioneer Inn on Virginia Street. along with long-time partner and friend, Jerry Poncia, and colleague John Lazovich.

His true legacy began in 1973 when he opened the Eldorado Hotel Casino, the first major casino to open on Virginia Street north of the railroad tracks. At that time, many considered this to be an extremely daring venture, but ultimately it was one that changed the profile of gaming in northern Nevada.

In 1993, Don, in partnership with Mandalay Resorts / MGM Resorts, announced the opening of the Silver Legacy, the first mega-themed resort in Reno.

©2017 Morningstar Advisor. All right reserved.