Pinnacle Entertainment says it spent nearly $2.8 million in the third quarter on development costs for its proposed River Road casino resort. The Las Vegas casino company, which is scheduled to start building the riverboat and hotel in early 2010, is conducting entitlement and design work on the site. Through the first nine months of the year, Pinnacle has spent $5.4 million on the Baton Rouge resort site. Pinnacle, which owns the L’Auberge du Lac casino in Lake Charles, says it lost $21.9 million in the quarter, because of the weak national economy and competition in some markets.
Pinnacle spends $2.8 million on B.R. casino
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