Photo Release -- Pinnacle Entertainment Announces the Appointment of Chris Corrado as Vice President and General Manager of Retama Park Racetrack

Chris Corrado
Pinnacle Entertainment, Inc. Logo

LAS VEGAS and SELMA, Texas, April 3, 2013 (GLOBE NEWSWIRE) -- The Pinnacle Entertainment, Inc. (NYSE:PNK) subsidiary managing Retama Park Racetrack announces the appointment of Chris Corrado as Vice President and General Manager, effective immediately.

Pinnacle Entertainment, Inc. names Chris Corrado as Vice President & General Manager of Retama Park Racetrack.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17940

Chris has more than 19 years of management experience, and a wealth of knowledge of the hospitality and gaming industries. In 2010, he joined Pinnacle Entertainment as Assistant General Manager at Belterra Casino Resort & Spa. Prior to that, he worked in different capacities in the gaming industry including marketing and operations. In his new role, he will report to Executive Vice President of Regional Operations Geno M. Iafrate and will continue his oversight of the Heartland Poker Tour brand, which Pinnacle Entertainment acquired in July 2012.

"We are always pleased to promote dynamic leaders from within our ranks," said Geno Iafrate. "Chris comes to Retama Park at an exciting time of positive transition. He will bring a great energy, marketing expertise and leadership to the management team at Retama Park Racetrack and will focus on creating memorable guest experiences, a positive environment for our new team members and fostering strong community ties in the City of Selma and the greater San Antonio region."

"I am excited to lead the dedicated team managing Retama Park at a property steeped in tradition; together we will focus on merging that legacy with the unparalleled guest service that Pinnacle Entertainment is known for while bringing a new focus on operational excellence to the track," said Corrado. He adds, "My family and I are looking forward to living in this vibrant and diverse south Texas region."

Bryan Brown, the former CEO of Retama Entertainment Group, has joined Pinnacle Entertainment in a new role focusing on development projects for the company.

Corrado holds a Master of Arts in Advertising and Public Relations from Marquette University and a Bachelor of Arts in Communications from St. Norbert College. He is married with three children.

In January, Pinnacle Entertainment acquired a majority interest in the owner of the racing license for Retama Park Racetrack and entered into a management contract with Retama Development Corporation to manage day-to-day operations of the property.

About Retama Park Racetrack

Retama Park Racetrack is a class 1 pari-mutuel horse-racing track owned by the Retama Development Corporation, a local municipal corporation, and is located off of Interstate 35 in Selma, Texas approximately 20 minutes northeast of downtown San Antonio. The property hosts live racing on weekends with quarter horses running from June 7 through August 10 and live thoroughbred racing from October 4 through December 28; open daily for simulcast wagering. Retama Park features a wide variety of dining options including the Turf and Field Dining Room with panoramic views of the track, the Race Book & Sports Bar offering delicious fare enjoyed while watching simulcast racing or your favorite sports team; or more casual options at the concession stands throughout the facility. For more information or to book a corporate or social gathering at Retama Park, visit our website at www.retamapark.com or call (210) 651-7000.

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates seven casinos, located in Louisiana, Missouri, and Indiana, and a racetrack in Ohio. In addition, Pinnacle is redeveloping River Downs in Cincinnati, Ohio into a gaming entertainment facility, owns an approximate 24% equity stake in Asian Coast Development (Canada) Ltd. (ACDL), assuming conversion of all preferred stock, exercise of all warrants and exercise of certain options, an international development and real estate company currently developing Vietnam's first large-scale integrated resort on the Ho Tram Strip, and holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack outside of San Antonio, Texas.

On December 20, 2012, the Company agreed to acquire Ameristar Casinos, Inc. in an all cash transaction valued at $26.50 per Ameristar share or total consideration of $2.8 billion including assumed debt. Ameristar owns and operates casino facilities in St. Charles near St. Louis, Mo.; Kansas City, Mo.; Council Bluffs, Iowa; Black Hawk, Colo.; Vicksburg, Miss.; East Chicago, Ind.; and the Jackpot properties in Jackpot, Nev.

Pinnacle Entertainment, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol PNK. To learn more about Pinnacle Entertainment, please visit www.pnkinc.com.

The Pinnacle Entertainment, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13121

CONTACT: PRESS CONTACT: Kerry Andersen Corporate Director of Media Relations & Public Affairs (337) 395-7631, kandersen@pnkmail.com

Source:Pinnacle Entertainment, Inc.