Press Release: Pinnacle Entertainment, Inc.
March 21, 2001
GLENDALE, CA -- Pinnacle Entertainment, Inc. (NYSE: PNK) yesterday announced that its annual meeting of stockholders
will be held at 9:00 a.m. PDT on May 22, 2001 at the Hilton Hotel in Glendale, California for stockholders of record
as of April 6, 2001. A proxy statement describing the annual meeting business will be mailed to stockholders in
the near future.
Written notice of stockholder proposals and stockholder nominations for the annual meeting must be submitted to,
and received by, Pinnacle Entertainment at its principal executive offices on or before March 18, 2001. Any such
stockholder proposals and stockholder nominations must comply with the procedures, including deadlines, required
by Pinnacle Entertainment's current bylaws, a copy of which may be obtained from the Secretary of Pinnacle Entertainment.
If Pinnacle Entertainment does not have notice of a matter to come before the annual meeting by March 18, 2001,
Pinnacle Entertainment's proxy for such meeting will confer discretionary authority to vote for such matter.
About Pinnacle Entertainment
Pinnacle Entertainment is a diversified gaming Company that owns and operates seven casinos (four with hotels)
in Nevada, Mississippi, Louisiana, Indiana and Argentina, and receives lease income from two card club casinos,
both in the Los Angeles metropolitan area.
(The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for forward-looking statements.
Forward-looking information involves important risks and uncertainties that could significantly affect future results
and accordingly, such results may differ from those expressed in forward-looking statements made by or on behalf
of Pinnacle Entertainment. Such statements include, but are not limited to (a) expected financial results for future
quarters and fiscal year 2001; (b) the successful operation of Pinnacle Entertainment's Belterra Casino Resort;
(c) market growth in the locations where the Company operates; and (d) improving operating efficiency in fiscal
year 2001. Pinnacle Entertainment cautions that these statements are qualified by important factors that could
cause actual results to differ materially from those reflected by the forward-looking statements contained herein.
Such factors include, but are not limited to (a) the effect of current and future weather conditions and other
natural events; (b) the performance of the Belterra Casino Resort, which has a limited operating history; (c) overall
economic conditions; (d) maintaining adequate financing to meet strategic goals; (e) continuing regulatory approvals;
(f) increased competition from casino operators with greater resources; (g) changes in the gaming markets in which
Pinnacle Entertainment operates; and (h) other risks as detailed from time to time in Pinnacle Entertainment's
filings with the Securities and Exchange Commission (``SEC''). For more information on the potential factors that
could affect the Company's financial results, review the Company's filings with the SEC, including the Company's
Annual Report on Form 10-K and Pinnacle Entertainment's other filings with the SEC.)
SOURCE: Pinnacle Entertainment, Inc.