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Monday, September 11, 2006

Pinnacle Entertainment Breaks Ground

Pinnacle Entertainment announced that L'Auberge du Lac Hotel & Casino, a
$370 million Texas Hill Country-themed resort in Lake Charles, La., broke
ground yesterday on a $45 million hotel tower expansion, slightly more than
a year after the elegant casino resort opened to the public. The additional
250 rooms and suites will be complete in Fall 2007. The new tower will be
nine stories tall and will be connected to the existing 26-story hotel
tower, bringing the total number of rooms, suites and villas at L'Auberge to
approximately 1,000. The hotel tower expansion project is expected to boost
L'Auberge's employee count to more than 2,250. The expansion project will
feature expanded retail space, a VIP lobby, VIP lounge and a VIP elevator
providing private access to the tower's new luxury second floor suites. The
expansion project's ground floor will feature nine luxury garden suites with
private terraces. Some of the new suites will face the swimming pool area,
while others will feature private outdoor spas. The garden suites will
feature many of the same high-end amenities found in the L'Auberge villas,
such as luxurious bathrooms, custom designer furnishings and in-room bars.
Each ground floor suite will be nearly 1,200 square feet in size and allow
L'Auberge to attract a high-end customer accustomed to Las Vegas-style
gaming amenities. The new tower's second floor also will be dedicated to
suites.
"Calcasieu Parish has proven to be a superb location for a premier
destination resort, and L'Auberge's success has validated our initial
investment of $370 million in this market," said Daniel R. Lee, Pinnacle's
Chairman and Chief Executive Officer. "We are excited to break ground today
on L'Auberge's new hotel tower, and look forward to further enhancing Lake
Charles' destination appeal when we begin construction on Sugarcane Bay in
2007."

L'Auberge Vice President and General Manager Larry Lepinski said, "Bringing
our total room count to approximately 1,000 makes L'Auberge more competitive
in attracting larger groups for state and regional mid-week conferences and
meetings. This will also allow us to be better able to satisfy customer
demand for rooms on the weekends. The additional rooms and retail space will
create even more jobs for Calcasieu Parish."

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