Its assets consisted of one large and several small casinos in the Patagonia region

Pinnacle completes sale of its operations in Argentina

2010-07-08
Reading time 26 seg

eAnthony Sanfilippo, president and chief executive officer of Pinnacle Entertainment, commented, "Our investment in Argentina has been a fruitful one for our shareholders. Going forward, we believe the Company will benefit from its focus on high-priority growth initiatives. Pinnacle's prospects for growth include the achievement of operational excellence at existing properties and the development of a pipeline of near- and long-term, return-focused market expansion opportunities, including our Baton Rouge casino resort project."

Pinnacle Entertainment 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.

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