| Business Summary | | Pinnacle
Entertainment
Inc.
is
a
diversified
gaming
company
that
owns
and
operates
seven
casinos
in
Nevada,
Mississippi,
Louisiana,
Indiana
and
Argentina,
including
the
recently
opened
Belterra
Casino
Resort.
The
Company
also
receives
lease
income
from
two
card
club
casinos,
both
in
the
Los
Angeles
metropolitan
area,
and
interest
income
with
cash
flow
participation
from
an
Indian
gaming
facility
in
Yakima,
Washington.
The
Company's
active
subsidiaries
are
Boomtown
Inc.,
which
has
three
active
subsidiaries
(Boomtown
Hotel
&
Casino,
Inc.,
Louisiana
Gaming
Enterprises,
Inc.
and
Louisiana
-
I
Gaming);
Casino
Magic
Corp.,
which
has
seven
active
subsidiaries
(Biloxi
Casino
Corp.,
Jefferson
Casino
Corporation,
Casino
Magic
of
Louisiana
Corp.,
Casino
Magic
Neuquen
S.A.,
Casino
Magic
Support
Services
S.A.,
Casino
Magic
Management
Services
Corp.
and
Casino
One
Corp.);
HP/
Compton
Inc.;
HP
Yakama
Inc.;
Realty
Investment
Group
Inc.;
and
Belterra
Resort
(Indiana)
LLC. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pinnacle
Entertainment,
Inc.
is
a
gaming,
sports
and
entertainment
company
engaged
in
the
ownership
and
operation
of
casinos
and
pari-mutuel
racing
facilities,
and
the
development
of
other
gaming
opportunities.
For
the
six
months
ended
6/30/01,
revenues
fell
14%
to
$265.6
million.
Net
loss
totaled
$7.4
million
vs.
an
income
of
$48.1
million.
Results
reflect
the
absence
of
the
sold
Casino
Magic
Bay,
St.
Louis
and
Boomtown
Biloxi
operations
and
a
$58.9
million
reduction
in
asset
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| R. Hubbard, 65 Chairman | $1.0M | Paul Alanis, 52 Pres,
CEO, Chief Operating Officer | 905K | Bruce Hinckley, 54 CFO,
VP, Treasurer | 304K | G. Michael Finnigan, 52 Pres
and CEO of Realty Investment Group | 805K | Loren Ostrow, 49 Sr.
VP, Sec., Gen. Counsel | 353K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|