Gaming News

Pinnacle Casinos Experiencing Severe Weather Conditions

LAS VEGAS – (PRESS RELEASE) -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it is experiencing severe weather conditions at two of its casinos, Belterra Casino Resort and Boomtown Reno.

In southern Indiana, the recent flooding of the Ohio River resulted in the closure of the riverboat casino portion of Belterra at approximately 3:00 a.m. today. Belterra's land-based facilities, including the hotel and several restaurants, remain open. The Company is offering discounted room rates of $29 per night in order to assist people who may have been displaced from their homes due to the flooding. Pending safe weather conditions, the Company expects Belterra's riverboat casino to re-open Thursday morning.

In the Reno area, recent snowstorms have resulted in periodic closures, chain controls, or traffic delays along Interstate 80 for eight of the last ten days. While Boomtown Reno remains open, traffic counts on I-80 have declined significantly due to the inclement weather.

"Our overriding priority is the safety of our customers and our employees," said Daniel R. Lee, Chairman and CEO of Pinnacle Entertainment. "We encourage everyone to be safe during this period, and are hopeful for a quick passage of these storms."

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