Gaming News

Pinnacle Entertainment Reopens Boomtown New Orleans

LAS VEGAS – (PRESS RELEASE) -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced the reopening of its Boomtown New Orleans casino in Harvey, La., which had closed and been evacuated as Hurricane Katrina struck the Gulf Coast on August 29.

Boomtown New Orleans is located in the West Bank across the Mississippi River from downtown New Orleans. The property has received all the necessary approvals to reopen from local and regional authorities, including gaming regulators, local law enforcement and health-department officials.

"We have great faith in the future of New Orleans, and we're pleased to be able to open our doors again to our employees, our customers and our neighbors," said Daniel R. Lee, Pinnacle's Chairman and CEO. "We're determined to do everything we can to help the region and our employees rebuild."

Pinnacle Entertainment owns casinos in Nevada, Mississippi, Louisiana, Indiana and Argentina, owns a hotel in Missouri, and receives lease income from two card club casinos in the Los Angeles metropolitan area. The Company opened a major casino resort in Lake Charles, Louisiana in May 2005 and a new casino in Neuquen, Argentina in July 2005. Pinnacle has also been selected for two casino development projects in the St. Louis, Missouri area. The casino operations in St. Louis are dependent upon final approval by the Missouri Gaming Commission.

< Gaming News