It has four casinos in the province of Neuquén

Pinnacle Entertainment considers leaving Argentina

2010-03-17
Reading time 17 seg

With annual sales of us$ 36.2 million and winnings of us$ 9.1 million, the company hired Merrill Lynch to evaluate a sale. "In Argentina, costs increased more than incomes, because the local currency (peso) reduced its value compared to the dollar and utilities decreased,” informed the company in its annual balance 2009.

Pínnacle Entertainment is responsible of the creation of important casinos and hotels in Nevada, Indiana, Missouri and other US cities, and The Bahamas.

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