Tag Archives: L’Auberge Lake Charles
US – Pinnacle’s performance hampered by Lake Charles’ competition
A noncash impairment charge and a rival casino both played their part in Pinnacle Entertainment reporting a fourth quarter net loss of $14.2m in 2015, compared to a profit of $14.2m the year before. Revenue grew in the fourth quarter by less than one per cent to $558.4m However, excluding Lake Charles, which marked the…