Pinnacle Entertainment Announces Commencement of Exchange Offer

July 12, 2017 at 4:30 PM EDT

LAS VEGAS, July 12, 2017 (GLOBE NEWSWIRE) -- Pinnacle Entertainment, Inc. (NASDAQ:PNK) today announced that it has commenced an offer to exchange up to $500 million aggregate principal amount of 5.625% Senior Notes due 2024, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 5.625% Senior Notes due 2024, upon the terms and subject to the conditions set forth in the prospectus, dated July 12, 2017, and the related letter of transmittal, including any amendments or supplements thereto.

The exchange offer is scheduled to expire at 5:00 p.m. New York City time on August 9, 2017, unless otherwise extended or earlier terminated. The Deutsche Bank Trust Company Americas has been appointed as the exchange agent for the exchange offer.

A registration statement relating to the exchange offer was filed with and declared effective by the Securities and Exchange Commission.  This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange is being made solely by means of a prospectus.  A copy of the final prospectus related to the exchange offer and the related letter of transmittal may be obtained from Deutsche Bank Trust Company Americas, c/o DB Services Americas, Inc., MS: JCK01-0218, Attention: Reorg. esDepartment, 5022 Gate Parkway, Suite 200, Jacksonville, FL  32256.

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates 16 gaming entertainment properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio and Pennsylvania.  Pinnacle holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack outside of San Antonio, Texas.

Vincent J. Zahn, CFA
Vice President & Treasurer 
(702) 541-7777