Our cultures are so similar it just was a natural fit for us as we got to know Ameristar, really got to know them here in Lake Charles," said Iafrate. "We're excited about our two companies being very complimentary to each other both from our strategic business focus, our geographic diversification and then really, how we think about our team members and our guests and our shareholders. Geno Iafrate is Pinnacle's Executive Vice President for Regional Operations. They've been driving pilings for a while now for a second casino resort.īut now Pinnacle Entertainment has announced it is acquiring Ameristar. Pinnacle is the company that owns L'Auberge Casino Resort.Ī bird's eye view from the top floor of L'Auberge shows the Ameristar Casino construction underway. Pinnacle Entertainment is buying Ameristar Casinos for about $869 million, plus taking on its $1.9 billion in debt.
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