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Pinnacle Entertainment Reaches Milestone for L'Auberge du Lac

2 December 2004

LAS VEGAS – (PRESS RELEASE) -- Pinnacle Entertainment, Inc. (NYSE: PNK) announced that its riverboat casino has been moved into its permanent position at the L'Auberge du Lac Hotel & Casino site in Lake Charles, Louisiana. Originally built in three separate sections, the riverboat casino underwent final assembly and finish work at the Lake Charles Port Industrial Canal before being guided up the Calcasieu River to the L'Auberge site.

"We are excited to reach another development milestone for L'Auberge," said Daniel R. Lee, Chairman and CEO of Pinnacle Entertanment. "With the riverboat casino in place, we continue our progress toward an on-schedule and on-budget opening in Spring 2005."

Located in Lake Charles, Louisiana, L'Auberge du Lac will include approximately 745 rooms, a championship golf course, and a single-level dockside casino surrounded on three sides by the hotel and other amenities. In addition to being the only single-deck riverboat in Louisiana, the 225-feet by 330-feet gaming vessel will be one of the largest single-deck riverboat casinos in the United States. Pictures of the work in progress are accessible via the Company's corporate website at www.pnkinc.com.

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