(AP) — With credit markets locked down and largely unavailable to finance new gambling projects, Pinnacle Entertainment Inc. on Tuesday received additional 150-day delays in timelines to build new riverboat casino projects in Lake Charles and Baton Rouge. While Las Vegas-based Pinnacle is in much better shape in credit markets than many of its competitors, company officials told the Louisiana Gaming Control Board that interest rates are still high for the projects to work financially.
Pinnacle gets another delay in casino projects
April 20, 2009