With seven casinos and a racetrack currently in operation, as well as two in development, Pinnacle Entertainment, Inc. is frequently in the news. View all the latest press releases from Pinnacle, dating back to 2005.
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Pinnacle Entertainment Reports Record First Quarter Results Show Text
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May 1, 2012 |
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LAS VEGAS, May 1, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today reported financial results for the first quarter ended March 31, 2012, as summarized in the table below. In the 2012 first quarter, revenues increased 4.6% or $12.8 million year over year to $293.0 million. Consolidated Adjusted EBITDA(1) increased 19.2% or $12....
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Pinnacle Entertainment Sets New Standard For Casino Rewards Program; More Cars, More Trips, More Gifts Show Text
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Apr 30, 2012 |
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LAS VEGAS, April 30, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced it is offering players a wealth of extraordinary benefits in its mychoice guest loyalty program. Just one year after enhancing the program, Pinnacle is now offering an innovative new benefit: annual trips to Atlantis, Paradise Island resort in The Bah...
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Pinnacle Entertainment Announces Agreements to Acquire Majority Interest in Retama Park Racetrack in Texas Show Text
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Apr 26, 2012 |
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LAS VEGAS, April 26, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that a wholly-owned subsidiary of the Company has entered into agreements to execute a series of transactions that would result in the Company securing a 75.5% equity stake in Retama Partners, Ltd. ("RPL"), the owner of the racing license for Retama P...
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Pinnacle Entertainment Announces Conference Call For 2012 First Quarter Results Show Text
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Apr 23, 2012 |
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LAS VEGAS, April 23, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it will release its 2012 first quarter results on Tuesday, May 1st, 2012 prior to the market opening, followed by a conference call on the same day at 10:00 a.m. ET (7:00 a.m. PT).
To participate in the conference call, please dial (706) 6...
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Pinnacle Entertainment to Present at the Barclays Capital High Yield Bond and Syndicated Loan Conference Show Text
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Mar 23, 2012 |
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LAS VEGAS, March 23, 2012 /PRNewswire/-- Pinnacle Entertainment (NYSE: PNK) management will present at the Barclays Capital High Yield Bond and Syndicated Loan Conference on Monday, March 26, at 5:25 p.m. MST (8:25 p.m. EDT), in Phoenix, AZ. A copy of the presentation will be accessible at the Investor Relations section of the Company's corporate w...
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Pinnacle Entertainment, Inc. Elects Desiree Rogers and Jaynie Miller Studenmund to its Board of Directors Show Text
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Mar 20, 2012 |
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LAS VEGAS, March 20, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today the election of Desiree Rogers and Jaynie Miller Studenmund to the Company's Board of Directors effective March 19, 2012.
Ms. Rogers is chief executive officer of Johnson Publishing Company, LLC. Ms. Rogers joined Johnson in August 2010, a...
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Pinnacle Entertainment Closes Issuance of $325 Million of New 7.75% Senior Subordinated Notes Due 2022 and Incurrence of $325 Million Incremental Term Loan Show Text
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Mar 19, 2012 |
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LAS VEGAS, March 19, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has closed the previously announced public offering of $325 million in aggregate principal amount of 7.75% senior subordinated notes due 2022. The notes were issued at par. The Company also announced today that it has closed a $325 million i...
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Pinnacle Entertainment to Participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum Show Text
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Mar 16, 2012 |
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LAS VEGAS, March 16, 2012 /PRNewswire/ -- Pinnacle Entertainment (NYSE: PNK) management will participate in the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Monday, March 19, at 2:15 p.m. PT (5:15 p.m. ET), in Las Vegas, NV.
About Pinnacle EntertainmentPinnacle Entertainment, Inc. owns and operates seven casinos, ...
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Pinnacle Entertainment to Present at the 24th Annual ROTH Conference Show Text
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Mar 9, 2012 |
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LAS VEGAS, March 9, 2012 /PRNewswire/ -- Pinnacle Entertainment (NYSE: PNK) management will present on Tuesday, March 13th at the 24th Annual ROTH Conference at 8:30 a.m. PT (11:30 a.m. ET), in Laguna Niguel, CA. A copy of the presentation will be accessible at the Investor Relations section of the Company's corporate website, www.pnkinc.com.
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Pinnacle Entertainment Announces Commitments for $325 Million Incremental Term Loan Show Text
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Mar 8, 2012 |
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LAS VEGAS, March 8, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has received commitments from a syndicate of lenders for a $325 million incremental term loan under its current credit facility. The term loan will be issued at a price of 99.0% with an interest rate of 300 basis points over LIBOR and a 1.0% L...
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Pinnacle Entertainment Announces Pricing of $325 Million in Aggregate Amount of 7.75% Senior Subordinated Notes Due 2022 Show Text
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Mar 5, 2012 |
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LAS VEGAS, March 5, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has priced a public offering of $325 million aggregate principal amount of senior subordinated notes due 2022. The notes will be issued at a price equal to par. The closing of the note offering is conditioned on the prior or simultaneous clos...
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Pinnacle Entertainment Announces Termination of Cash Tender Offer for its Outstanding 7.5% Senior Subordinated Notes Due 2015 and Announces Conditional Notice of Optional Redemption of 7.5% Notes Show Text
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Mar 5, 2012 |
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LAS VEGAS, March 5, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has terminated its cash tender offer and consent solicitation for any and all of its outstanding 7.5% Senior Subordinated Notes due 2015 (the "Notes"), which it commenced earlier today at a price of $1,030 per $1,000 principal amount of valid t...
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Pinnacle Entertainment Announces Proposed Public Offering of Senior Subordinated Notes and Marketing of Term Loan Show Text
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Mar 5, 2012 |
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LAS VEGAS, March 5, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it intends to commence a financing transaction in which it intends to offer $250 million of new senior subordinated notes due 2022 under a shelf registration statement which became effective upon filing today with the Securities and Exchange Commi...
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Pinnacle Entertainment Announces Cash Tender Offer and Consent Solicitation for Any and All of its Outstanding 7.5% Senior Subordinated Notes Due 2015 Show Text
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Mar 5, 2012 |
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LAS VEGAS, March 5, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it is commencing a cash tender offer for any and all of its outstanding 7.5% Senior Subordinated Notes due 2015 (the "Notes"). The consideration to be paid for validly tendered Notes will be equal to either $1,030 per $1,000 principal amount of s...
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Pinnacle Entertainment to Present at the J.P. Morgan High Yield & Leveraged Finance Conference and Participate in the KeyBanc Capital Markets Consumer Conference Show Text
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Feb 24, 2012 |
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LAS VEGAS, Feb. 24, 2012 /PRNewswire/ -- Pinnacle Entertainment (NYSE: PNK) management will present on Tuesday, February 28th at the J.P. Morgan High Yield & Leveraged Finance Conference at 4:00 p.m. ET in Miami, FL and will participate in the KeyBanc Capital Markets Consumer Conference on Thursday, March 1st in New York, NY.
About Pinnacle Ente...
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Pinnacle Entertainment Reports Solid Fourth Quarter and Record Full-Year 2011 Results Show Text
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Feb 15, 2012 |
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LAS VEGAS, Feb. 15, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today reported financial results for the fourth quarter and full year ended December 31, 2011, as summarized in the table below. In the 2011 fourth quarter, revenues increased 3.8% or $10.1 million year over year to $275.8 million. Consolidated Adjusted EBITDA(1) in...
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Pinnacle Entertainment Announces Conference Call for 2011 Fourth Quarter and Full-Year Results Show Text
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Feb 1, 2012 |
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LAS VEGAS, Feb. 1, 2012 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it will release its 2011 fourth quarter and full-year financial results on Wednesday, February 15th, 2012 prior to the market opening, followed by a conference call on the same day at 10:00 a.m. ET (7:00 a.m. PT).
To participate in the confe...
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Pinnacle Entertainment to Participate in the Bank of America Merrill Lynch Gaming Conference Show Text
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Jan 17, 2012 |
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LAS VEGAS, Jan. 17, 2012 /PRNewswire/ -- Pinnacle Entertainment (NYSE: PNK) management will participate in the Regional Roundtable: Issues in Regional Gaming panel, a part of the Bank of America Merrill Lynch Gaming Conference, on Thursday, January 19, at 9:20 a.m. PT (12:20 p.m. ET), in Las Vegas, NV. The webcast will be accessible at the Investo...
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Pinnacle Entertainment to Present at the J.P. Morgan Small and Mid Cap Conference and the Bank of America Merrill Lynch Leveraged Finance Conference Show Text
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Nov 28, 2011 |
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LAS VEGAS, Nov. 28, 2011 /PRNewswire/ -- Pinnacle Entertainment (NYSE: PNK) management will present on Wednesday, November 30th at the J.P. Morgan Small and Mid Cap Conference at 11:00 a.m. ET in New York, NY, and on Thursday, December 1st at the Bank of America Merrill Lynch Leveraged Finance Conference at 2:50 p.m. ET in Orlando, FL. A copy of th...
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Pinnacle Entertainment Enters Into Definitive Agreements to Divest Boomtown Reno and Adjoining Land Acreage Show Text
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Nov 10, 2011 |
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LAS VEGAS, Nov. 10, 2011 /PRNewswire/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today the signing of definitive agreements to sell its Boomtown Reno casino-resort operations and land adjacent to the facility in two separate transactions. Total proceeds from the transactions are expected to be approximately $22.2 million, with the poten...
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