LAS VEGAS, Sept. 5 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc.
(NYSE: PNK) today announced that its Boomtown New Orleans property, located in
the West Bank neighborhood across the Mississippi River from downtown New
Orleans, and its L'Auberge du Lac Casino Resort in Lake Charles, La. have
reopened after sustaining minimal damage from Hurricane Gustav.
Boomtown New Orleans reopened on Thursday, Sept. 4 at 6 p.m. CDT,
welcoming guests and residents back after its closure on Saturday, Aug. 30
following the city's mandatory evacuation order. In Lake Charles, L'Auberge
du Lac reopened on Wednesday, Sept. 3 at 6 p.m. CDT, following its closure on
Sunday, Aug. 31. The Company's third Louisiana property, Boomtown Bossier
City, was not affected by the storm and remained open.
"We're happy to welcome our guests, employees and neighbors back after
Hurricane Gustav," said Daniel R. Lee, Pinnacle's Chairman and Chief Executive
Officer. "Thanks to the hard work and dedication of our employees, we
reopened both properties promptly after receiving regulatory and other
approvals."
About Pinnacle Entertainment
Pinnacle Entertainment, Inc. owns and operates casinos in Nevada,
Louisiana, Indiana, Missouri and Argentina, and has significant insurance
claims related to a hurricane-damaged hotel and casino complex previously
operated in Biloxi, Mississippi. The Company opened Lumiere Place, a $507
million casino hotels complex in downtown St. Louis, Missouri, in December
2007. Pinnacle also has a second casino development project under
construction in the St. Louis area, which opening is dependent upon final
approval by the Missouri Gaming Commission. Pinnacle is currently developing
a second casino resort in Lake Charles, Louisiana, to be called Sugarcane Bay;
is developing a casino resort in Baton Rouge, Louisiana; and has submitted a
proposal for a casino resort in Kansas City, Kansas, subject to various
approvals. Additionally, Pinnacle owns a casino site at the heart of the famed
Boardwalk in Atlantic City, New Jersey, on which it plans to build a major new
casino resort.
FOR FURTHER INFORMATION
At the Company - (702) 784-7777:
Dan Lee - Chairman & CEO
Steve Capp - CFO
Chris Plant or Lewis Fanger - Investor Relations
SOURCE Pinnacle Entertainment, Inc.
