Published:
Pinnacle Entertainment Reopens Two Louisiana Properties Following Hurricane Gustav
LAS VEGAS, Sept. 5 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc.
(NYSE: PNK) today announced that its Boomtown New Orleans property, located in
theWest Bank neighborhood across the Mississippi River from downtownNew
Orleans, and its L'Auberge du Lac Casino Resort inLake Charles, La. have
reopened after sustaining minimal damage from Hurricane Gustav.
Boomtown New Orleans reopened on Thursday, Sept. 4 at 6 p.m. CDT,
welcoming guests and residents back after its closure on Saturday, Aug. 30
following the city's mandatory evacuation order. InLake Charles, L'Auberge
du Lac reopened on Wednesday, Sept. 3 at 6 p.m. CDT, following its closure on
Sunday, Aug. 31. The Company's thirdLouisiana property, Boomtown Bossier
City, was not affected by the storm and remained open.
"We're happy to welcome our guests, employees and neighbors back after
Hurricane Gustav," said Daniel R. Lee, Pinnacle's Chairman and Chief Executive
Officer. "Thanks to the hard work and dedication of our employees, we
reopened both properties promptly after receiving regulatory and other
approvals."
About Pinnacle Entertainment
Pinnacle Entertainment, Inc. owns and operates casinos inNevada,
Louisiana,Indiana,Missouri andArgentina, and has significant insurance
claims related to a hurricane-damaged hotel and casino complex previously
operated inBiloxi, Mississippi. The Company opened Lumiere Place, a $507
million casino hotels complex in downtownSt. Louis, Missouri, in December
2007. Pinnacle also has a second casino development project under
construction in theSt. Louis area, which opening is dependent upon final
approval by the Missouri Gaming Commission. Pinnacle is currently developing
a second casino resort inLake Charles, Louisiana, to be called Sugarcane Bay;
is developing a casino resort inBaton Rouge, Louisiana; and has submitted a
proposal for a casino resort inKansas City, Kansas, subject to various
approvals. Additionally, Pinnacle owns a casino site at the heart of the famed
Boardwalk inAtlantic City, New Jersey, on which it plans to build a major new
casino resort.
FOR FURTHER INFORMATION
At the Company - (702) 784-7777:
Dan Lee - Chairman & CEO
Steve Capp - CFO
Chris Plant or Lewis Fanger - Investor Relations
SOURCE Pinnacle Entertainment, Inc.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: ,ENT,TRA,CNO,NV-Pinnacle-Reopens
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