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Tuesday, Aug 13
Pinnacle Entertainment works out deal with FCC to shed casinos
- Pinnacle Entertainment (PNK) agrees to sell two casinos to appease regulators. The regulatory pressure followed the purchase of AmeriStar Casinos by Pinnacle earlier this year.
- The company will sell Lumiere Place Casino in St. Louis, Missouri and all its interest in a property under development for Lake Charles, Louisiana.
- FTC consent order.