Pinnacle Entertainment looks to open casino in Philadelphia

LAS VEGAS -- Pinnacle Entertainment, which operates gaming casinos in Las Vegas and Louisiana among other places, said it will soon apply for a gaming license in Pennsylvania.

The company has also entered into an option to purchase land in Philadelphia where it intends to build a casino encompassing 3,000 slot machines, several bars and restaurants and a multiplex theater.

Long-term plans would include adding a hotel and expanding the casino to adding another 2,000 slot machines.

Pinnacle said it expects phase one of the casino project to cost between $250 million and $400 million.

In addition to Las Vegas and Louisiana, Pinnacle Entertainment also owns and operates casinos in Indiana and Argentina and has two casino development projects in the St. Louis area in development, pending final approval by the Missouri Gaming Commission.

To contact the reporter who wrote this article, send e-mail to Michael Milligan at [email protected].

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