Pinnacle Entertainment Announces Closing of Exchange Offer

Aug 31, 2010, 16:46 ET from Pinnacle Entertainment, Inc.

LAS VEGAS, Aug. 31 /PRNewswire-FirstCall/ -- Pinnacle Entertainment, Inc. (NYSE: PNK) today announced that it has closed an offer, whereby it has exchanged $350 million aggregate principal amount of 8.75% Senior Subordinated Notes due 2020, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 8.75% Senior Subordinated Notes due 2020, upon the terms and subject to the conditions set forth in the prospectus, dated July 29, 2010, and the related letter of transmittal, including any amendments or supplements thereto.

A registration statement relating to the exchange offer was filed with and declared effective by the Securities and Exchange Commission.  This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange was made solely by means of a prospectus.

A copy of the final prospectus related to the exchange offer and the related letter of transmittal may be obtained from The Bank of New York Mellon Trust Company, N.A., The Bank of New York Mellon Corporate Trust Operations, Reorganization Unit, 101 Barclay St., Floor 7 East, New York, NY 10286, Attention: David Mauer.

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates casinos in Louisiana, Missouri, Indiana, and Nevada.  In March 2010, Pinnacle opened its newest casino, River City, in south St. Louis County, Missouri.  Pinnacle is also developing a casino in Baton Rouge, Louisiana.

River City is a registered trademark of Pinnacle Entertainment, Inc.  All rights reserved.

SOURCE Pinnacle Entertainment, Inc.



RELATED LINKS

http://www.pnkinc.com