Tag Archives: Pinnacle Entertainment
ZDA – Pinnacle prejme končno odobritev za Meadows Racetrack
Pennsylvania Gaming Control Board (PGCB) je odobril Pinnacle Entertainment prevzem dirkališča in igralnice Meadows od Gaming and Leisure Properties. Odobritev s strani PGCB predstavlja končno zakonsko dovoljenje, potrebno za dokončanje transakcije, po predhodni odobritvi Pennsylvania Harness Racing Komisije avgusta 2016. Družba pričakuje, da bo dokončala ...
US – Louisiana approves Pinnacle’s sell and lease back deal
The Louisiana Gaming Control Board has unanimously granted the approvals necessary for Pinnacle Entertainment to complete its previously announced transaction with Gaming & Leisure Properties. The deal will see Pinnacle spin off its operating business and the real property of Belterra Park Gaming & Entertainment Center into a separately traded public company (OpCo) sell them…
ZDA – Pinnacle Entertainment kupi Meadows Racetrack od Gaming & Leisure Properties
Pinnacle Entertainment is buying Meadows Racetrack and Casino from Gaming and Leisure Properties for US$138m. Pinnacle will operate the Meadows’ gaming entertainment business and lease its underlying real property from GLPI in a triple net lease with initial annual rent of $25.5m (implying 1.9x rent coverage). On a trailing twelve month basis at February 29,…
ZDA – Uspešnost Pinnaclea ovira konkurenca Lake Charlesa
A noncash impairment charge and a rival casino both played their part in Pinnacle Entertainment reporting a fourth quarter net loss of $14.2m in 2015, compared to a profit of $14.2m the year before. Revenue grew in the fourth quarter by less than one per cent to $558.4m However, excluding Lake Charles, which marked the…
ZDA – Gaming and Leisure Properties kupi nepremičnine podjetja Pinnacle
Gaming and Leisure Properties has reached a deal to buy all of Pinnacle Entertainment’s real estate assets in an all-stock transaction that will see Pinnacle become a tenant of GLPI’s. Pinnacle will operate the leased gaming facilities under a triple-net 10-year Master Lease agreement with GLPI that will have five subsequent, five-year extension periods at…
