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Article: Pinnacle posts rise in profits, predicts more.
- Article from:
- Las Vegas Review-Journal (Las Vegas, NV)
- Article date:
- November 7, 2006
CopyrightCOPYRIGHT 2006 Las Vegas Review-Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Howard Stutz
Nov. 7--As it reported third-quarter earnings that increased fourfold over a year ago on Monday, executives at Pinnacle Entertainment also painted a rosy picture for the Las Vegas-based casino company's future.
With two casinos under construction in St. Louis, plans for a second company-owned casino in Lake Charles, La., and a development planned for Atlantic City, Pinnacle believes it's a story waiting to be told.
Pinnacle Chairman Dan Lee told gaming analysts and investors during a conference call that the company's expanding list of potential casino projects was a much better growth pipeline than its thwarted attempt ...
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