Industry
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Pinnacle Project in Atlantic City Up in the Air
May 9, 2008
Source: Associated Press
With the economic downturn and creditors tightening their belts, Pinnacle Entertainment CEO Dan Lee says that the chances of building the Pinnacle mega-resort in Atlantic City are right around 50-50.Lee says that the decision to even proceed on the project may be a year or two away. The possibilities for the project include building the hotel-casino as planned, taking on a partner to complete the project, selling the land, or having another company purchase Pinnacle Entertainment.
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