Its assets consist of one large and several small casinos in the country's Patagonia region
Pinnacle enters into agreement to sell Argentina operations
2010-04-30
Reading time 24 seg
Pinnacle's Argentina assets consist of one large and several small casinos in the country's Patagonia region. The transaction is subject to approval from the government of the Province of Neuquen and the Company expects to complete the transaction during the summer of 2010.
Anthony Sanfilippo, president and chief executive officer of Pinnacle Entertainment, commented, "This transaction is consistent with our strategy to focus on enhancing operating results at our core U.S. properties to build shareholder value.”
“To achieve this, we are implementing initiatives that prioritize operational excellence to position our properties as the destination of choice for players in the markets where we operate," added Sanfilippo.
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