Pinnacle Entertainment plans to ask the third time for an extension to complete its planned $250 million casino resort on River Road today, according to the Louisiana Gaming Control Board’s posted agenda. The company was granted a 90-day extension in February and a 150-day extension in April by the gaming control board. Pinnacle has repeatedly said it plans to build the resort, but tight credit markets are making it difficult to finance new gambling projects. The Las Vegas-based casino company has spent $2.6 million during the first half of this year on pre-opening costs for the River Road resort.
Pinnacle to ask for another extension
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