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Pinnacle Entertainment Announces Exchange Offer

9 June 2004

LAS VEGAS – (PRESS RELEASE) -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced an offer to exchange any and all of its outstanding $200 million aggregate principal amount of 8.25% Senior Subordinated Notes due 2012, which are not registered under the Securities Act of 1933, for a like aggregate principal amount of its new 8.25% Senior Subordinated Notes due 2012, which are registered under the Securities Act of 1933, upon the terms and subject to the conditions set forth in the prospectus, dated June 9, 2004, and the related letter of transmittal, including any amendments or supplements thereto (which, collectively, constitute the exchange offer). The exchange offer is scheduled to expire at 5:00 p.m. New York City time on July 9, 2004, unless extended.

The name and the address of exchange agent for the exchange offer are The Bank of New York, Corporate Trust Department, 101 Barclay Street, 7 East, New York, New York 10286, Attention: Diane Amoroso. For information by telephone, call (212) 815-3738.

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