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Will President Casino Move to the Chain of Rocks-Pinnacle Waits for That Hour

Posted on November 19, 2008 - Filed Under Casino Articles, Casino games, Casino tournaments, Gambling News

Pinnacle Entertainment Inc. is waiting for the permission from the Gaming Commission to build the President Casino in the north end of the St. Louis city. They want the casino to be situated in the north of the bridge of Chain of Rocks that is on the west bank of the Mississippi river.

According to one of the spokesman of Pinnacle Entertainment Inc., Mack Bradley, they are going to pursue their plans for President Casino with a great pace. He has said that Pinnacle is left with an option on a patch of land there, but relocating there is not a given.

President Casino It is not clear whether Pinnacle will be able to get the permission or not. However, the area of the Chain of Rocks has been pointed out by the gaming industry experts as an excellent spot for building up a new casino.

According to a study that was released in the month of January, the Chain of Rocks bridge casino will generate revenue that will be same as the Lumiere Place of Pinnacle. The Lumiere Place was inaugurated in the month of December.

According to the executive director of the Gaming Commission Gene McNary, after they get the approval from the Missouri Gaming Commission, they will not be having the right to move the President Casino wherever they prefer. It is the commission that can decide upon the location in the best interest of the state.

If President Casino is given a new location, then it will be able to infuse a new life in it. This casino was closed down for a number of days due to flood and also the high competition that came from Lumiere Place and Casino Queen of East St. Louis. Plans regarding shorter hours start from December 1 have been declared by the President.

The President is also looking forward to closing its poker room on C-deck. The chief executive of Pinnacle Entertainment Inc., Dan Lee said that they have kept the casino open in order to prevent the loss of license. He has also said that if there is going to be a good business, then Pinnacle will be thinking of creating a more permanent structure in place of the President Casino.

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