Pinnacle Entertainment News

Sharon Edmoundson bought a three-bedroom, three-bath home at 75 Feather Sound Dr.

A gaming analyst believes it makes sense for financially flush Penn National Gaming to acquire rival regional casino operator Pinnacle Entertainment, a company in transition and being run by members of its board of directors following its chief executive's resignation a month ago.

Fifteen hundred St. Louisans eager for a job or a better job jumped at the chance to apply for one of one thousand new jobs offered by Pinnacle Entertainment at its soon to be opened River City Casino in Lemay.

Pinnacle Entertainment hopes to hire 1,000 people for its new River City casino in South County which is scheduled to open next Spring.

Gaming stocks were sluggish in November as investors tried to judge the repercussions of third-quarter results and anticipate the effect the opening of CityCenter will have on the Strip.

Pinnacle Entertainment, which plans to build a $260 million casino resort on River Road, released updated details about its second Lake Charles property.

Dan Lee is among my favorite gaming industry personalities. That said, however, Lee suffers from an affliction that has befallen several casino executives who have worked for Steve Wynn.

U.S. casino operator Las Vegas Sands Corp. aims to raise $2.5 billion through an initial public offering in Hong Kong this month to help repay massive debts and restart languishing casino projects in Macau, a document showed Monday.

Regardless of whether he quit or was fired, former Pinnacle Entertainment Inc. Chairman and Chief Executive Officer Dan Lee is set to receive $2.8 million in cash severance payments over three years.

Two interesting but unrelated stories this morning: * Wynn Resorts will be paying a special dividend to shareholders and then start paying a regular dividend in 2010.

Nov. 10--ST. LOUIS -- A week ago, Dan Lee was a big player in this town. The CEO of Pinnacle Entertainment, Lee was the man behind the half-billion dollar Lumiere Place Casino downtown.

Elected officials plan to celebrate Tuesday the completion of a $23.8 million road that local company executives and politicians hope will spur further economic development in South St.

Wall Street Journal The opening of that development is contingent upon final approval by the Missouri regulator.

Las Vegas gaming stocks have taken a fall in October after a surge in their stock prices in previous months.

Missouri State Sen. Tim Green is seeking an investigation into the actions of a gambling company's CEO at a St.

The issue before the St. Louis County Council Tuesday night was casino development.

A federal appeals court has upheld a ruling rejecting claims that two Las Vegas companies conspired to monopolize the Louisiana casino market.

INDIANAPOLIS a ' Health insurer Aetna Inc . said Thursday its third-quarter profit rose 18 percent on enrollment gains, but spiraling medical costs continued to hurt the company's core insurance business.

Strip gaming stocks regressed in October after two months of double-digit increases in their average daily prices.

BUYINS.NET, www.buyins.net, a provider of unique trading technologies, released a report on October 27, 2009 at 9:46 am PDT stating that Pinnacle Entertainment was expected to be lower after its earnings were released before the open on Thursday, October 29, 2009.