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Pinnacle Entertainment Reopens Lake Charles, La. Casino Following Hurricane Ike |
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L'Auberge du Lac Casino Reopened Wednesday, Hotel, Restaurants Stayed Open Through Storm, Hotel at Belterra Casino Resort in Indiana Has Electricity Fully Restored |
Pinnacle Entertainment, Inc. (NYSE:PNK) today announced that the casino at its L'Auberge du Lac Casino Resort in Lake Charles, La. reopened at 7:30 p.m. (CT) on Wednesday, Sept. 17 after sustaining minimal damage from Hurricane Ike. The casino floor had temporarily closed in the early morning hours of Saturday, Sept. 13 with the arrival of the storm, while the hotel, most restaurants and retail at L'Auberge du Lac remained open throughout the storm. The Contraband Bayou Golf Club, which was flooded, is expected to reopen today.
The Company's construction crews worked around the clock with structural engineers and marine experts to repair the entrance and exit ramps between L'Auberge du Lac's casino and hotel. Neither the casino vessel nor the hotel suffered any structural damage during Hurricane Ike.
As previously reported, the Company's two other Louisiana casinos, Boomtown New Orleans and Boomtown Bossier City, remained open through Hurricane Ike. As the storm moved north, the Company's Belterra Casino Resort in Vevay, Indiana switched its hotel to generator power on Sunday, Sept. 14. Belterra's casino and hotel remained open throughout the storm, and local utilities fully restored the hotel's electricity on Tues., Sept. 16.
"We're pleased to welcome our neighbors and employees back after Hurricane Ike, and we thank all of our dedicated employees who worked so hard to return our properties back to normal," said Daniel R. Lee, Pinnacle's Chairman and Chief Executive Officer.
Separately, Pinnacle announced that it has received a refund of its $25 million privilege fee from the Kansas Lottery Commission in connection with Pinnacle's decision to withdraw its proposal for a casino complex in Wyandotte County, Kansas. As previously announced, Pinnacle withdrew its application in order to focus the Company's resources on its existing projects and development opportunities in Louisiana, Missouri and other jurisdictions.
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