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Pinnacle Entertainment Company Profile |
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The company operates casinos located in Lake Charles, Baton Rouge, New Orleans and Bossier City, Louisiana (L’Auberge Lake Charles, L'Auberge Baton Rouge, Boomtown New Orleans and Boomtown Bossier City), St. Louis, Missouri (River City Casino and Lumière Place Casino and Hotels), and southeastern Indiana (Belterra Casino Resort). In addition, it owns and operates a racetrack facility in Cincinnati, Ohio (River Downs), manage a racetrack facility in San Antonio, Texas (Retama Park Racetrack), and owns and operates a live and televised poker tournament series (Heartland Poker Tour). |
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Pinnacle Entertainment History | |
1938: Hollywood Park Turf Club organized in California, to operate the Hollywood Park racetrack in Inglewood 1981: HPTC incorporated as Hollywood Park Realty Enterprises, Inc. 1992: Company name changed to Hollywood Park, Inc. 1994: Company acquired Sunflower Racing, Inc., a greyhound and thoroughbred racing facility located in Kansas 1994: Turf Paradise, Inc., a thoroughbred racing facility located in Arizona. 1994: Hollywood Park Casino, a card room, opens at the Hollywood Park racetrack 1996: Crystal Park Hotel and Casino, a card room and hotel, opens in Compton, California 1997: Hollywood Park, Inc. merges with Boomtown Casinos, and acquires properties in Verdi, Nevada ("Boomtown Reno"), Biloxi, Mississippi ("Boomtown Biloxi"), Harvey, Louisiana ("Boomtown New Orleans"), though it sold off Boomtown Las Vegas, which became the Silverton 1998: Hollywood Park, Inc. merges with Casino Magic, acquiring properties in Bay St. Louis, Mississippi, ("Casino Magic Bay St. Louis") Biloxi, Mississippi ("Casino Magic Biloxi") and Bossier City, Louisiana, ("Casino Magic Bossier"), and concession agreements for two Argentinian casinos (Casino Magic San Martin de los Andes and Casino Magic Neuquén) 1998: Hollywood Park agrees to build and manage the Legends Casino for the Yakama Tribe in Yakima, Washington 1999: Hollywood Park sells its bankrupt Sunflower subsidiary, which had operated the Woodlands racetrack in Kansas City, Kansas 1999: Hollywood Park Race Track and Hollywood Park-Casino sold 1999: The company leases Hollywood Park Casinoand enters into an agreement with Leo & Ivy Chu (Century Gaming Management) in September 1999 to operate it as a sublessee 2000: Hollywood Park, Inc. becomes Pinnacle Entertainment 2000: Pinnacle opens the Belterra Casino Resort, a hotel and riverboat casino resort in Switzerland County, Indiana 2000: Pinnacle sells Turf Paradise, Inc. (Arizona) 2000: Pinnacle sells Casino Magic Bay St. Louis to Penn National Gaming 2001: Lease agreement with the Yakama Indians terminated 2002: Boomtown New Orleans completes $10 million expansion 2002: Casino Magic Bossier City is renovated and rebranded Boomtown Bossier City 2002: Indiana law changed to allow dockside gambling 2003: Ground broken on Lake Charles casino project 2003: Casino Magic Junin de los Andes (Argentina) opens 2005: L'Auberge du Lac resort opens in Lake Charles, Louisiana 2005: Casino Magic Biloxi closed by Hurricane Katrina 2005: New casino opened in Neuquen, Argentina 2005: Pinnacle breaks ground on a $400 million casino resort in downtown St. Louis, Missouri 2005: Ground is broken an a $375 million casino project to be known as River City in St. Louis County 2006: Construction begins on a casino adjacent to the Four Seasons Resort Great Exuma at Emerald Bay in the Bahamas 2006: Pinnacle purchases Sands Casino Hotel in Atlantic City, New Jersey and plans to tear it down to build a $1.5 billion resort. 2006: Pinnacle completed the purchase of the President Casino in St. Louis, Missouri. 2007: Lumiere Place casino opens in St. Louis, Missouri 2008: Voters approved a referendum allowing for the development of Pinnacle's Rivière Resort in Baton Rouge, Louisiana 2008: Pinnacle announced that it is not proceding with development of the Sands property in Atlantic City 2009: Pinnacle closed the Casino at Emerald Bay in the Bahamas 2010: River City casino opened in suburban St. Louis, Missouri 2010: Pinnacle sold its its Argentina operations 2012: Pinnacle sold Boomtown Reno 2013: Pinnacle acquired Ameristar Casinos, Inc. |
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Pinnacle Entertainment : Current Properties | |
Florence, Indiana Belterra Casino and Spa Harvey, Louisiana Boomtown Casino New Orleans Boosier City, Louisiana Boomtown Hotel and Casino Lake Charles, Lousiana L'Auberge du Lac Casino and Hotel St. Louis, Missouri Lumiere Place Casino and Hotels Lemay, Missouri River City Casino Verdi, Nevada Boomtown Hotel and Casino Reno Biloxi, Mississippi Casino Magic Hotel and Casino Jackpot, Nevada Horshu Hotel and Casino Cactus Pete's Resort and Casino Vicksburg, Mississippi Ameristar Vicksburg Council Bluffs, Iowa Ameristar Council Bluffs St. Charles, Missouri Ameristar St. Charles Kansas City, Missouri Ameristar Kansas City Black Hawk, Colorado Ameristar Black Hawk East Chicago, Indiana Ameristar East Chicago Racing Facilities Cincinnati, Ohio (River Downs) San Antonio, Texas (Retama Park Racetrack) |
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Pinnacle Entertainment: Financial Info online | |
Publicly-accessible sites Pinnacle Entertainment Investor Relations SEC filings (Pinnacle Site) | SEC filings (finance.yahoo) Annual Reports (2000-2009) For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students. |
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Last modified
Tuesday, 06-Dec-2022 10:30:29 PST
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