A hospitality industry union is opposing Pinnacle Entertainment Inc.'s proposed sale of its casinos to Gaming & Leisure Properties Inc. and will ask the Indiana Gaming Commission to reject the plan, arguing that the deal would give the company more properties than state law allows.
Gaming & Leisure owns a casino in Lawrenceburg, and Pinnacle owns two, in East Chicago and Florence, according to a copy of prepared remarks to be delivered by UNITE HERE research analyst Noah Carson-Nelson and provided by the union. Indiana law limits casino owners to two properties in the state.
Las Vegas-based Pinnacle said in ...
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