Pinnacle Entertainment Announces August 29 Opening Date for L'Auberge Casino & Hotel Baton Rouge
July 25 2012 - 8:00AM
Pinnacle Entertainment, Inc. (NYSE:PNK) will unveil L'Auberge
Casino & Hotel Baton Rouge when the property
officially
opens to the public on Wednesday, August 29, 2012 at 7:00 p.m.
Central Time, pending the receipt of applicable regulatory
approvals. Grand opening of the premier property will feature
memorable entertainment, dining experiences and an unveiling
ceremony capped off with a stunning fireworks display.
"We are excited to open the doors to L'Auberge Baton Rouge and
to welcome our guests for the very first time," said Mickey
Parenton, Vice President and General Manager of L'Auberge Baton
Rouge. "We are so proud of our talented team members' hard work to
date and are thrilled to share the premier casino in the region
with our guests and the Baton Rouge community; including its
vibrant casino, breathtaking riverfront views and distinct dining
experiences."
L'Auberge Baton Rouge will provide a best-in-market casino
entertainment complex featuring an expansive single-level, 74,000
square foot casino; nearly 1,500 slot machines; 50 table games,
including a poker room; a 12-story hotel with 205 guest rooms and a
rooftop pool; four dining outlets; a unique casino bar with
breathtaking views of the Mississippi River; 2,400 total parking
spaces, including 800 in a covered parking garage; a multi-purpose
event center with concert seating for up to 1,550 people or banquet
seating for up to 800 people; and outdoor festival grounds with
capacity for up to 2,500.
A complete project fact sheet can be found at www.mylauberge.com
.
About Pinnacle Entertainment
Pinnacle Entertainment, Inc. owns and operates six casinos,
located in Louisiana, Missouri, and Indiana, and a racetrack in
Ohio. In addition, Pinnacle is developing L'Auberge Casino &
Hotel Baton Rouge, and holds a 26% ownership stake in Asian Coast
Development (Canada) Ltd. (ACDL), an international development and
real estate company currently developing Vietnam's first
large-scale integrated resort on the Ho Tram Strip.
Pinnacle Entertainment, Inc. is publicly traded on the New York
Stock Exchange under the ticker symbol PNK. To learn more
about Pinnacle Entertainment, please visit www.pnkinc.com.
The Pinnacle Entertainment, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13121
All statements included in this press release, other than
historical information or statements of historical fact, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements, including
statements regarding the Company's the budget and the completion
and opening schedule of L'Auberge Casino & Hotel Baton Rouge;
the facilities, features and amenities of L'Auberge Casino &
Hotel Baton Rouge; potential job creation of L'Auberge Casino &
Hotel Baton Rouge; are based on management's current expectations
and are subject to risks, uncertainties and changes in
circumstances that could significantly affect future results.
Accordingly, the Company cautions that the forward-looking
statements contained herein are qualified by important factors that
could cause actual results to differ materially from those
reflected by such statements. Such factors include, but are not
limited to: (a) the Company will have to meet the conditions for
receipt or maintenance of gaming licensing approvals for the
L'Auberge Casino & Hotel Baton Rouge, some of which are beyond
its control; (b) many factors, including the escalation of
construction costs beyond increments anticipated in its
construction budget and unexpected construction delays, could
prevent the Company from completing L'Auberge Casino & Hotel
Baton Rouge within budget and on time and as required by the
conditions of the Louisiana Gaming Control Board; and (c) other
risks, including those as may be detailed from time to time in the
Company's filings with the Securities and Exchange Commission
("SEC"). For more information on the potential factors that could
affect the Company's financial results and business, review the
Company's filings with the SEC, including, but not limited to, its
Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and
its Current Reports on Form 8-K.
L'Auberge is a registered trademark of Pinnacle Entertainment,
Inc. All rights reserved
CONTACT: Investor Relations
Vincent Zahn
VP, Finance & Investor Relations
702/541-7777 or investors@pnkmail.com
Media Relations
Kerry Andersen
Director, Media Relations & Public Affairs
337/395-7631 or kandersen@pnkmail.com
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