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Pinnacle Entertainment Company Profile

The company operates casinos located in Lake Charles, Baton Rouge, New Orleans and Bossier City, Louisiana (L’Auberge Lake Charles, L'Auberge Baton Rouge, Boomtown New Orleans and Boomtown Bossier City), St. Louis, Missouri (River City Casino and Lumière Place Casino and Hotels), and southeastern Indiana (Belterra Casino Resort). In addition, it owns and operates a racetrack facility in Cincinnati, Ohio (River Downs), manage a racetrack facility in San Antonio, Texas (Retama Park Racetrack), and owns and operates a live and televised poker tournament series (Heartland Poker Tour).

 
Pinnacle Entertainment History

1938: Hollywood Park Turf Club organized in California, to operate the Hollywood Park racetrack in Inglewood

1981: HPTC incorporated as Hollywood Park Realty Enterprises, Inc.

1992: Company name changed to Hollywood Park, Inc.

1994: Company acquired Sunflower Racing, Inc., a greyhound and thoroughbred racing facility located in Kansas

1994: Turf Paradise, Inc., a thoroughbred racing facility located in Arizona.

1994: Hollywood Park Casino, a card room, opens at the Hollywood Park racetrack

1996: Crystal Park Hotel and Casino, a card room and hotel, opens in Compton, California

1997: Hollywood Park, Inc. merges with Boomtown Casinos, and acquires properties in Verdi, Nevada ("Boomtown Reno"), Biloxi, Mississippi ("Boomtown Biloxi"), Harvey, Louisiana ("Boomtown New Orleans"), though it sold off Boomtown Las Vegas, which became the Silverton

1998: Hollywood Park, Inc. merges with Casino Magic, acquiring properties in Bay St. Louis, Mississippi, ("Casino Magic Bay St. Louis") Biloxi, Mississippi ("Casino Magic Biloxi") and Bossier City, Louisiana, ("Casino Magic Bossier"), and concession agreements for two Argentinian casinos (Casino Magic San Martin de los Andes and Casino Magic Neuquén)

1998: Hollywood Park agrees to build and manage the Legends Casino for the Yakama Tribe in Yakima, Washington

1999: Hollywood Park sells its bankrupt Sunflower subsidiary, which had operated the Woodlands racetrack in Kansas City, Kansas

1999: Hollywood Park Race Track and Hollywood Park-Casino sold

1999: The company leases Hollywood Park Casinoand enters into an agreement with Leo & Ivy Chu (Century Gaming Management) in September 1999 to operate it as a sublessee

2000: Hollywood Park, Inc. becomes Pinnacle Entertainment

2000: Pinnacle opens the Belterra Casino Resort, a hotel and riverboat casino resort in Switzerland County, Indiana

2000: Pinnacle sells Turf Paradise, Inc. (Arizona)

2000: Pinnacle sells Casino Magic Bay St. Louis to Penn National Gaming

2001: Lease agreement with the Yakama Indians terminated

2002: Boomtown New Orleans completes $10 million expansion

2002: Casino Magic Bossier City is renovated and rebranded Boomtown Bossier City

2002: Indiana law changed to allow dockside gambling

2003: Ground broken on Lake Charles casino project

2003: Casino Magic Junin de los Andes (Argentina) opens

2005: L'Auberge du Lac resort opens in Lake Charles, Louisiana

2005: Casino Magic Biloxi closed by Hurricane Katrina

2005: New casino opened in Neuquen, Argentina

2005: Pinnacle breaks ground on a $400 million casino resort in downtown St. Louis, Missouri

2005: Ground is broken an a $375 million casino project to be known as River City in St. Louis County

2006: Construction begins on a casino adjacent to the Four Seasons Resort Great Exuma at Emerald Bay in the Bahamas

2006: Pinnacle purchases Sands Casino Hotel in Atlantic City, New Jersey and plans to tear it down to build a $1.5 billion resort.

2006: Pinnacle completed the purchase of the President Casino in St. Louis, Missouri.

2007: Lumiere Place casino opens in St. Louis, Missouri

2008: Voters approved a referendum allowing for the development of Pinnacle's Rivière Resort in Baton Rouge, Louisiana

2008: Pinnacle announced that it is not proceding with development of the Sands property in Atlantic City

2009: Pinnacle closed the Casino at Emerald Bay in the Bahamas

2010: River City casino opened in suburban St. Louis, Missouri

2010: Pinnacle sold its its Argentina operations

2012: Pinnacle sold Boomtown Reno

2013: Pinnacle acquired Ameristar Casinos, Inc.

Pinnacle Entertainment : Current Properties

Florence, Indiana

Belterra Casino and Spa

Harvey, Louisiana

Boomtown Casino New Orleans

Boosier City, Louisiana

Boomtown Hotel and Casino

Lake Charles, Lousiana

L'Auberge du Lac Casino and Hotel

St. Louis, Missouri

Lumiere Place Casino and Hotels

Lemay, Missouri

River City Casino

Verdi, Nevada

Boomtown Hotel and Casino Reno

Biloxi, Mississippi

Casino Magic Hotel and Casino

Jackpot, Nevada

Horshu Hotel and Casino

Cactus Pete's Resort and Casino

Vicksburg, Mississippi

Ameristar Vicksburg

Council Bluffs, Iowa

Ameristar Council Bluffs

St. Charles, Missouri

Ameristar St. Charles

Kansas City, Missouri

Ameristar Kansas City

Black Hawk, Colorado

Ameristar Black Hawk

East Chicago, Indiana

Ameristar East Chicago

Racing Facilities

Cincinnati, Ohio (River Downs)

San Antonio, Texas (Retama Park Racetrack)

Pinnacle Entertainment: Financial Info online

Publicly-accessible sites

Google Finance profile

Yahoo company profile

Reuters company profile

InvestorGuide company profile

Pinnacle Entertainment Investor Relations

SEC filings (Pinnacle Site) | SEC filings (finance.yahoo)

Annual Reports (2000-2009)

For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students.


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Last modified Wednesday, 21-May-2014 14:30:31 PDT