Pinnacle Atlantic City Announces October 18 For Sands Casino Hotel Implosion

Pinnacle Atlantic City Announces October 18 For Sands Casino Hotel Implosion

East Coast’s First Casino Implosion Kicks Off with Fireworks Extravaganza Designed By Fireworks By Grucci

ATLANTIC CITY, N.J., September 21, 2007 – Pinnacle Atlantic City today announced that the implosion of the legendary Sands Casino Hotel will be held on Thursday, October 18, 2007 at 9:30 p.m. (rain or shine). The historic event marks the first casino-hotel implosion in Atlantic City and on the East Coast.

The implosion of the 21-story Sands tower will be preceded by a state-of-the-art fireworks and light show designed by Fireworks By Grucci, the top name in fireworks entertainment.

Pinnacle’s team of demolition experts includes Controlled Demolition, Inc. (CDI), which is handling the overall implosion design, drilling operations and explosives placement; R.E. Pierson Construction Co., the project’s general demolition contractor, which will be responsible for mechanical demolition, materials recycling and debris removal; and PS&S, which has been providing various environmental and engineering consulting services.

“The implosion signals the beginning of a very important chapter in Pinnacle’s development and in the growth of Atlantic City,” said Daniel R. Lee, Pinnacle’s Chairman and Chief Executive Officer. “We thank the City of Atlantic City and New Jersey state officials for their support and cooperation in ensuring the success, excitement and safety of this landmark event.”

Further information will be forthcoming over the next several weeks. Details will be posted to www.pinnacleatlanticcity.com as they become available.

About Pinnacle Entertainment

Pinnacle Entertainment owns and operates casinos in Nevada, Louisiana, Indiana, Missouri, Argentina and The Bahamas; owns a hotel in Missouri; and has significant insurance claims related to a hurricane-damaged hotel and casino complex previously operated in Biloxi, Mississippi. Pinnacle also has two casino development projects under construction in the St. Louis, Missouri area, which are dependent upon final approval by the Missouri Gaming Commission. Pinnacle is currently developing the Company’s second casino resort in Lake Charles, Louisiana, to be called Sugarcane Bay, and anticipates developing a casino complex in Baton Rouge, Louisiana, subject to various approvals. Additionally, Pinnacle owns a casino site at the heart of the famed Boardwalk in Atlantic City, N.J. on which it plans to build a major new casino resort.

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