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|
Belterra Casino and Spa
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
River City Casino
Boomtown Hotel and Casino Reno
Casino Magic Hotel and Casino
Horshu Hotel and Casino
Cactus Pete's Resort and Casino
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
Cincinnati, Ohio (River Downs)
San Antonio, Texas (Retama Park Racetrack)
|Pinnacle Entertainment: Financial Info online|
Annual Reports (2000-2009)
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Last modified Wednesday, 21-May-2014 14:30:31 PDT