Pinnacle: 'Significant discount' on A...

Pinnacle: 'Significant discount' on AC land sale

There are 3 comments on the Seattle Post-Intelligencer story from Jul 29, 2010, titled Pinnacle: 'Significant discount' on AC land sale. In it, Seattle Post-Intelligencer reports that:

Not long ago, Pinnacle Entertainment had grand plans for a sparkling new casino resort on the Atlantic City Boardwalk that would cost upward of $2 billion.

Join the discussion below, or Read more at Seattle Post-Intelligencer.

ACResident

Ridley Park, PA

#1 Aug 3, 2010
I don't believe PNK will ever disclose how much it has sunk into that site. So the loss will be 70% of an unknown amount. And always remember, the same Board that backed Lee's play still sits. The entire crowd should be fired over the AC debacle, not to mention the President Casino loss, the Emerald Bay farce, the Sugar Cane Bay whole in the ground.

Since: Feb 08

Location hidden

#2 Sep 18, 2010
Has there been any news about a sale of AC land? I would have thought they'd try to get it off the books before third quarter end.

Since: Feb 08

Location hidden

#3 Mar 19, 2011
Anyone from AC, what's going on with the pinnacle lot? Has it been cleaned up, sold? What's the status of Madison House? Has it been restored yet? Are J-1 students still staying there? Who is taking care of the place since Townsend left?

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