Pinnacle Entertainment Records Loss in Second Quarter Amounting to $49 Million
Las Vegas based company Pinnacle Entertainment have recorded a second quarter loss of $49.3 million. This is surprising because the company recorded a rise in their revenues after the opening of their casino in suburban St. Louise. Pinnacle Entertainment has its operations based mostly in regional markets and is based in Las Vegas. According to them their last three months result includes losses from various charges and multiple write downs, amounting to $31.5 million. Continue Reading →
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