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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City of St. Louis Selects Pinnacle Entertainment to Build Casino Project on Laclede's Landing
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Jan 16, 2004 |
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ST. LOUIS, Jan. 16 /PRNewswire-FirstCall/ -- The City of St. Louis Port Authority and Land Clearance for Redevelopment Authority today selected Pinnacle Entertainment, Inc.'s (NYSE: PNK) proposal for casino and related development on Laclede's Landing in St. Louis City at the recommendation of the St. Louis Development Corporation selection comm...
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Pinnacle Entertainment Announces Completion of Repurchases of Shares of Former Chairman, R.D. Hubbard, and the R.D. and Joan Dale Hubbard Foundation
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Dec 29, 2003 |
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LAS VEGAS, Dec. 29 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that on December 19, 2003 it settled the previously announced exercise to repurchase 1,758,996 shares of its common stock held by the Company's former chairman, R.D. Hubbard. The option exercise price was $10 per share. The shares repurchased fr...
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Pinnacle Entertainment Announces Closing of $300 Million Senior Credit Facility and Exercise of Option to Repurchase Shares of Former Chairman
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Dec 18, 2003 |
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LAS VEGAS, Dec 18, 2003 /PRNewswire-FirstCall via Comtex/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has entered into a new $300 million senior credit facility. The new credit facility consists of a six-year $225 million term loan facility, of which $78 million can be drawn on a delayed basis through September 30, 2004, ...
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Pinnacle Entertainment Launches First Hull of Lake Charles Riverboat Ahead of Schedule
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Dec 16, 2003 |
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LAS VEGAS, Dec. 16 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced the successful launch of the first of three massive riverboat hull sections that will become the world's largest single- level riverboat casino, scheduled to open in early 2005 in Lake Charles, LA. The launch of the 2,900,000-pound middle hull s...
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Pinnacle Entertainment Announces Plans for Refinancing Its Senior Credit Facility and Purchasing Shares From Its Former Chairman
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Dec 4, 2003 |
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LAS VEGAS, Dec. 4 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that its Board of Directors has approved the basic terms of a proposed new $290 million senior credit facility which would replace the Company's existing $240 million senior credit facility. The consummation of the new senior credit facility is s...
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Pinnacle Entertainment Reports Third Quarter And Year-To-Date 2003 Operating Results
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Nov 14, 2003 |
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LAS VEGAS, Nov. 14 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced its financial results for the three and nine months ended September 30, 2003.
EBITDA (as defined below), excluding certain non-routine items discussed below, was approximately flat at $26.7 million for the three months ended September 30...
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Pinnacle Entertainment, Inc. Announces Conference Call on Third-Quarter Results
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Nov 12, 2003 |
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LAS VEGAS, Nov. 12 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it will release financial results for its 2003 third quarter on Friday, November 14, 2003 prior to the market opening, followed by a conference call on the same day at 9:00 a.m. EST (6:00 a.m. PST).
To participate in the conference ...
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Pinnacle Entertainment Appoints Humberto Trueba, Jr. Senior Vice President of Human Resources and Training
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Oct 27, 2003 |
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LAS VEGAS, Oct 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced the appointment of Humberto "HT" Trueba, Jr. to the position of Senior Vice President of Human Resources and Training.
Mr. Trueba joins Pinnacle Entertainment, Inc. from Citicard, a division of Citigroup Inc., a diversifi...
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Pinnacle Entertainment Announces Purchase of All Tendered 9.5% Senior Subordinated Notes and Redemption of Remaining 9.5% Senior Subordinated Notes
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Sep 26, 2003 |
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LAS VEGAS, Sept. 26 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has accepted and purchased the $60,999,000 aggregate principal amount of its 9.5% Senior Subordinated Notes ("9.5% Notes") that were tendered as of 5:00 p.m., New York City time on Friday, September 19, 2003. Tendering holders were paid...
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Pinnacle Entertainment Closes $135 Million Senior Subordinated Notes Offering
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Sep 25, 2003 |
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LAS VEGAS, Sept. 25 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has completed a public offering of $135 million aggregate principal amount of 8.75% Senior Subordinated Notes due 2013. The notes were issued at a price of 98.369% of par.
The net proceeds of the offering will be used to fund th...
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Pinnacle Entertainment Announces Agreement to Settle Derivative Action
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Sep 15, 2003 |
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LAS VEGAS, Sep 15, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced it has received the final approval necessary for an agreement to settle the shareholder derivative lawsuit pending against certain of its current and former directors. The derivative lawsuit was commenced in December 2002 in Cali...
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Pinnacle Entertainment Announces Cash Tender Offer for Its 9.5% Senior Subordinated Notes Due 2007
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Sep 9, 2003 |
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LAS VEGAS, Sep 9, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced that it (the "Company") commenced a cash tender offer yesterday for all of the $125 million outstanding principal amount of its 9.5% Senior Subordinated Notes due 2007 (the "Notes"). The CUSIP number for the Notes is 43625PAB5. The cons...
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Pinnacle Entertainment Reports Stronger Second Quarter and Year-To-Date 2003 Operating Results
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Aug 14, 2003 |
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LAS VEGAS, Aug 14, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced its sixth consecutive quarter of growth in operating income and EBITDA(1), excluding sold operations and as compared to the prior-year quarter.
Revenues for the three months ended June 30, 2003 increased 6.0% to $133.6 mi...
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Pinnacle Entertainment, Inc. Announces Agreement on Argentina Properties
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Aug 12, 2003 |
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LAS VEGAS, Aug. 12 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has executed an agreement modifying the terms of the extension of its concession agreement in the Province of Neuquen, Argentina. The Company's Casino Magic Argentina subsidiary operates casinos under exclusive licenses in the Capital Ci...
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Pinnacle Entertainment, Inc. Announces Conference Call on Second-Quarter Results
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Aug 12, 2003 |
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LAS VEGAS, Aug. 12 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it will release financial results for its 2003 second quarter on Thursday, August 14, 2003 prior to the market opening, followed by a conference call on the same day at 11:00 a.m. EDT (8:00 a.m. PDT).
To participate in the conferenc...
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Pinnacle Entertainment Appoints Sarah Lee Tucker Vice President of Operations
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Jul 2, 2003 |
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LAS VEGAS, Jul 2, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced the appointment of Sarah Lee Tucker as the Company's Vice President of Operations. In that position, Ms. Tucker will be responsible for producing strategic plans for increasing revenues and streamlining costs. In her role, Sarah w...
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Pinnacle Entertainment Shareholders Approve Directors, Stock Option Plan and Increase in Authorized Common Shares
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Jun 3, 2003 |
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LAS VEGAS, June 3 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced that shareholders at the annual meeting today approved the election of nine members to the Board of Directors. In addition, shareholders approved an amendment to the Company's 2002 Stock Option Plan that increases the aggregate number of shares that ma...
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Pinnacle Entertainment Reports Closing Of $235 Million Bank Credit Facility
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May 18, 2003 |
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LAS VEGAS, May 18 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced it has entered into an amended agreement for a $235 million bank credit facility that will help finance the Company's construction of both its casino-hotel project in Lake Charles, La. and its new hotel guestroom tower at Belterra Casino Resort, ...
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Pinnacle Entertainment Reports Strong First Quarter 2003 Operating Results
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May 6, 2003 |
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LAS VEGAS, May 6, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced its fifth consecutive quarter of year-over-year increases in operating income and EBITDA(1) excluding sold operations.
"We're pleased by our strong first-quarter operating results, with all five of our key properties gener...
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Pinnacle Entertainment, Inc. Announces Conference Call on First Quarter Results
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May 2, 2003 |
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LAS VEGAS, May 2 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it will release financial results for its 2003 first quarter on Tuesday, May 6, 2003 prior to the market opening, followed by a conference call on the same day at 11:00 a.m. ET (8:00 a.m. PT).
To participate in the conference call, pl...
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