Pinnacle Entertainment, Inc., and Ameristar Casinos, Inc., In the Matter of

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In the Matter of Pinnacle Entertainment, Inc., a corporation, and Ameristar Casinos, Inc., a corporation
FTC Matter/File Number:

131 0064

Docket Number:

9355

Enforcement Type:

Federal Injunctions

Part III Administrative Complaint

Case Summary

The FTC challenged Pinnacle Entertainment, Inc.’s proposed $2.8 billion acquisition of rival casino operator Ameristar Casinos, Inc., alleging that the proposed deal would reduce competition and lead to higher prices and lower quality for casino customers in the St. Louis, Missouri and Lake Charles, Louisiana areas. In St. Louis, the two companies operated competing casinos, and in the Lake Charles area, Pinnacle operates one casino, and Ameristar is constructing a new casio to open next year. The FTC issued an administrative complaint against the two companies alleging that the deal would substantially lessen competition for casino services in the St. Louis and Lake Charles areas. The FTC also authorized staff to seek a temporary restraining order and preliminary injunction, but parties agreed to divest two casinos, one in St. Louis and another in Lake Charles, to settle the administrative charges.

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