Casino Enterprise Management

Pinnacle Entertainment, Inc. announced that effective today it has closed an exchange offer, whereby it has exchanged $850 million aggregate principal amount of 6.375% Senior Notes due 2021, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount...

Pinnacle Entertainment, Inc. today announced that it has commenced an offer to exchange up to $850 million aggregate principal amount of 6.375% Senior Notes due 2021, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 6.375% Senior Notes due 2021, upon the terms and subject to the conditions...

Pinnacle Entertainment, Inc. announced the official opening of the Company's newest entertainment destination, Belterra Park Gaming & Entertainment Center, featuring 1,500 games, at 7 p.m. this evening, following a VIP reception that started at 5 p.m. Anthony M. Sanfilippo, Pinnacle's Chief Executive Officer...

MGM Resorts International and Pinnacle Entertainment today announced a strategic marketing partnership for the companies' rewards programs -- MGM Resorts' M life and Pinnacle's mychoice(R). Beginning April 1, select mychoice members will be offered hotel stays, show tickets and other exclusive benefits at MGM...

L'Auberge Casino & Hotel Baton Rouge has been awarded the prestigious AAA Four Diamond hotel rating, ranking it among the nation's elite lodging facilities with the highest standards of service and amenities. L'Auberge Baton Rouge's Four Diamond rating resulted from a complete hotel evaluation conducted by professional...

Pinnacle Entertainment, Inc. today announced the name of its Cincinnati, Ohio-based racetrack now under extensive redevelopment — Belterra Park Gaming & Entertainment Center. Set to open in May of 2014, pending regulatory approvals, the 122-acre Belterra Park Gaming & Entertainment Center represents an expected investment of more than $300 million for Pinnacle Entertainment inclusive of land and licensing fees. "We...

Pinnacle Entertainment announced today that it has entered into a definitive agreement for the sale of Lumiere Place Casino, HoteLumiere, the Four Seasons Hotel St. Louis, and related excess land parcels (collectively "Lumiere Place Casino and Hotels") to Tropicana Entertainment Inc. ("Tropicana"). Under the terms of the agreement, Tropicana will purchase Lumiere Place Casino and Hotels for cash consideration of approximately $260 million.

Pinnacle Entertainment, Inc. announced today that it has completed the acquisition of Ameristar Casinos, Inc. As previously announced, Ameristar stockholders are receiving $26.50 per share in cash for each share of Ameristar common stock. The transaction is valued at approximately $2.8 billion, including assumed debt. The acquisition is expected to be immediately accretive to Pinnacle Entertainment's free...

Golden Nugget and Pinnacle Entertainment, Inc. announced today that the companies have entered into a definitive agreement whereby Golden Nugget will acquire all of the equity interests of the entity that owns the Ameristar Casino Lake Charles development project. Under the terms of the agreement, Golden Nugget will pay total consideration equal to all cash expenditures on the development up until the date of closing...

Pinnacle Entertainment announced today that the Louisiana Gaming Control Board unanimously approved the Company's proposed acquisition of Ameristar Casinos, Inc. and the transfer of interest in the Ameristar Casino Lake Charles development project. Completion of the transaction remains subject to the receipt of additional required regulatory approvals and customary closing conditions.