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Pinnacle Entertainment May Close Reno Location

Pinnacle Entertainment’s chairman and CEO, Daniel Lee, recently told investors that the company may have to close Reno, Nevada’s Boomtown Casino and Hotel if revenues do not increase. “I don’t want to close it,” Lee said. “It’s a nice hotel there; two-thirds of the rooms have been recently refurbished and look pretty nice. We are right off Interstate 80, right at the state line. It’s not logical to me that this thing should lose money before capital costs.” General Manager David Williams said there are no immediate plans to close the property. According to the Reno Gazette Journal, Lee told Williams he needs to increase revenue at the property to prevent closure.