About PNK
PNK is a company based in Lake Charles (United States) founded in 1938, and was acquired by PENN Entertainment in December 2017. Casino entertainment establishments are operated across multiple US states. PNK has completed 1 acquisition, including Ameristar. Its chief executive, as recorded, is Anthony Sanfilippo.
Company details
Pinnacle Entertainment is a casino entertainment company. It operates multiple gaming entertainment establishments at locations such as Colorado, Indiana, Iowa, Louisiana, Nevada, Ohio, and Pennsylvania. It has investors including Ameristar Casino Resort Spa, Belterra Casino Resort, and Cactus Petes Casino Resort. It provides services such as payment performance, collaboration, and communication through the Coupa Supplier Network to its vendors.
- Headquarters Lake Charles, United States
- Stage Acquired
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website pnk.com
- Social LinkedIn
- Acquired by PENN Entertainment (Dec 2017)
- Latest Funding Round$1.08M (USD), Unspecified
Mar 2010
- Investors
- Investments & Acquisitions
- Acquired byPENN Entertainment
(Dec 2017)
Funding Insights of PNK
- Total Rounds 2
- Last Round Unspecified β $1.08M
- First Round $450M
(Jul 2009)
All 2 funding rounds of PNK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2010 | $1.08M | Unspecified | β | β | β |
| Jul 2009 | $450M | Debt – Conventional | β | β | β |
1 investors in total: 1 institutional.
Investors in PNK
PNK has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PENN Entertainment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Casino gaming and entertainment services are operated by PENN Entertainment. | 1972 | pennentertainment.com | Wyomissing, United States |
Investor details for PNK
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PNK
1 people are tracked at PNK (1 in leadership).
| Name | Role | Group |
|---|---|---|
Anthony Sanfilippo | CEO | Leadership |
Complete people profiles for PNK
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PNK
PNK has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ameristar.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Casino gaming company | ameristar.com | East Chicago, United States | 1954 | Dec 2012 | $2.8B |
Complete acquisition details for PNK
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PNK
6 dated milestones of PNK across 79 years, from founding to its latest funding, stage changes and deals.
- Founded PNK is founded.
- Funding First funding round of $450.0M.
- Funding Latest funding round, Unspecified, of $1.1M.
- Acquisition Acquires Ameristar.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by PENN Entertainment.
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Frequently Asked Questions about PNK
PNK was founded in 1938 and raised its 1st funding round 71 years after it was founded.
PNK is headquartered in Lake Charles, United States. It is registered at Lake Charles, Louisiana, United States.
Anthony Sanfilippo is the CEO of PNK, as recorded in our data.
Pinnacle Entertainment is a casino entertainment company. It operates multiple gaming entertainment establishments at locations such as Colorado, Indiana, Iowa, Louisiana, Nevada, Ohio, and Pennsylvania. It has investors including Ameristar Casino Resort Spa, Belterra Casino Resort, and Cactus Petes Casino Resort. It provides services such as payment performance, collaboration, and communication through the Coupa Supplier Network to its vendors.
PNK has made 1 acquisition, including Ameristar.
PNK has 1 investor. Key investors include PENN Entertainment.
Yes. PNK was acquired by PENN Entertainment in December 2017.
