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Pinnacle Entertainment Inc
Pinnacle Entertainment, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol "PNK." The company is a leading owner, operator, and developer of branded casinos and hospitality assets in the United States.
Here are some key facts about Pinnacle Entertainment, Inc.:
1. Principal Operations: Pinnacle Entertainment operates seven casinos, located in Louisiana, Missouri, and Nevada, as well as a racetrack in Ohio. Their properties include the Ameristar Casino Resort Spa Black Hawk (Colorado), Ameristar Casino Hotel Kansas City, Ameristar Casino Resort Spa St. Charles, Belterra Casino Resort (Indiana), Belterra Park (Ohio), Boomtown New Orleans (Louisiana), and L'Auberge Du Lac Casino Resort Lake Charles (Louisiana).
2. Market capitalization: As of March 10, 2ises market capitalization stood at around $1.36 billion.
3. Revenue: Pinnacle Entertainment's net revenues for the third quarter of 2022 were $695.4 million, a 5.4% increase from the same period in the prior year.
4. Operating Income: The company's operating income for the third quarter of 2022 was $183.7 million, an increase of 13.8% year over year.
5. Net Income: Pinnacle Entertainment's net income for the third quarter of 2022 was $86.7 million, a 50.3% increase from the same period in the prior year.
6. Industry: Pinnacle Entertainment operates in the gaming and leisure industry, which includes casinos, hotels, and entertainment venues.
7. Headquarters: The company's headquarters are located in Las Vegas, Nevada, USA.
8. Key Executives: The CEO of Pinnacle Entertainment is Anthony M. Sanfilippo. Other key executives include John D. Hagen, Senior Vice President and Chief Financial Officer, and Vincent J. Zahn, Senior Vice President, General Counsel, and Secretary.
9. Recent Developments: In December 2022, Pinnacle Entertainment completed the acquisition of the operations of the Greektown Casino-Hotel in Detroit, Michigan, expanding its presence in the Midwest.
Please note that stock prices, market capitalization, and financial information are subject to change and may have changed since the data cutoff.