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Pinnacle Entertainment, the Las Vegas-based gaming company, will acquire Ameristar Casinos, in a deal with an enterprise value of about.
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Pinnacle Entertainment to Acquire Ameristar Casinos for $ Per Share in Cash Nasdaq:PNK
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Penn National Gaming has completed its acquisition of Pinnacle Entertainment, owner of East Chicago's Ameristar Casino and Hotel.
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Pinnacle Entertainment, Inc. was an American gambling and hospitality companyβ. In , the company acquired Boomtown, Inc. and its three casinos in On August 14, , Pinnacle bought Ameristar Casinos for $ million plus $
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Boyd Gaming Completes Acquisition Of Four Pinnacle Entertainment Assets of Ameristar St. Charles, Ameristar Kansas City and Belterra Casino Resort. Boyd Gaming acquired both the operations and real estate of Belterra.
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(Reuters) - Casino operator Pinnacle Entertainment Inc PNK.N will acquire Ameristar Casinos Inc ASCA.O for about $ million to expand.
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Pinnacle Entertainment, owner of Ameristar Casino and Hotel in East Chicago, will be acquired by Penn National Gaming if a $ billion.
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Pinnacle Entertainment agreed to acquire fellow casino-hotel operator Ameristar Casinos for $ million in cash.
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Penn National Gaming has completed its acquisition of Pinnacle Entertainment, owner of East Chicago's Ameristar Casino and Hotel.
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Penn National Gaming has completed its acquisition of Pinnacle Entertainment, owner of East Chicago's Ameristar Casino and Hotel.
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Penn National acquired all of the outstanding shares of Pinnacle through a City and Ameristar St. Charles in Missouri; Belterra Casino Resort in Indiana; and Reflecting the recent completion of the Pinnacle Entertainment.
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The companies anticipate closing the sales immediately prior to the completion of the Pinnacle acquisition by Penn, conditional upon the Penn acquisition receiving necessary approvals. Louis, and Belterra Park in Ohio. Share this. Sign up! Don't have an account? Weather Alerts Subscribe.{/INSERTKEYS}{/PARAGRAPH} Nov 30, Casinos see slight revenue drop in October. Related to this story. Local Sports Subscribe. The business news you need With a weekly newsletter looking back at local history. Please log in to use this feature Log In. The transaction has been authorized by the boards of directors of both companies and is expected to close in the second half of , according to a joint statement from Penn and Pinnacle. If the agreement is fulfilled, Penn National will have 41 properties in 20 jurisdictions in the United States and Canada. Nov 17, Ameristar's high limit move a 'win-win' for all players. Penn owns Hollywood Casino in Lawrenceburg, and acquiring Pinnacle's two Indiana casinos would have put it over the limit. Dec 4, East Chicago's Ameristar casino owner in talks with potential buyer. Casinos stepping up to challenges to lure in new players. Jun 28, Northwest Indiana Business Headlines. Andrew Steele joined The Times in Contact him at or andrew. Pinnacle owns and operates 16 gaming and entertainment facilities in 11 states. Dashboard Logout. Your notification has been saved. Dec 14, November gains improve casinos' year. Edit Article Add New Article. Northwest Indiana's casinos spent their first decade consistently growing their gaming operations as they became a billion-dollar industry aloβ¦. Please call to upgrade your subscription. Get up-to-the-minute news sent straight to your device. Latest Headlines. Sign Up Today. Sorry, your subscription does not include this content. Dec 9, Dec 7, IN Business. Video poker has come a long way since when it was first introduced years ago as a basic five-card draw game. Nov 10, Times File. Crime Subscribe. Latest News Subscribe. There was a problem saving your notification. You have run out of free articles. Breaking News Subscribe. {PARAGRAPH}{INSERTKEYS}Penn also owns and operates the Hollywood casinos in Aurora and Joliet, Illinois. Dec 23, The most-read stories on NWI. Charles near St. Manage followed notifications. In addition to shareholder approvals, the deals will require approval by the gaming authorities in the various jurisdictions impacted. Notifications Settings. Thanks for being a subscriber. Ameristar Casino to move its high-limit slots and table games onto land. Three Region casinos have stake in license changes approved by Indiana Gaming Commission. Already a subscriber? Log in or Activate your account. Log In Become a Member. Penn National completes acquisition of Ameristar-owner Pinnacle Entertainment. Dec 1, Government and Politics. You can support our newsroom by joining at our lowest rate! Subscribers can log in for unlimited digital access. The sale of Belterra Casino to Boyd helps Penn overcome a regulatory hurdle in Indiana - the limit of two casino licenses for any one owner. More Close. Oct 16, Tracking Region's slots yields predictable insight. Close Followed notifications. News Alerts Subscribe.