Pinnacle Entertainment Announces Executive Leadership Promotions

Pinnacle Entertainment Announces Executive Leadership Promotions

                 – Carlos Ruisanchez Promoted to President –

          – Ginny Shanks Promoted to Chief Administrative Officer –

LAS VEGAS, May 21, 2013 (GLOBE NEWSWIRE) -- Pinnacle Entertainment
(NYSE:PNK)Chief Executive Officer Anthony Sanfilippo today announced two
executive leadership promotions designed to accelerate the Company's growth
and transformation into a leading gaming entertainment company. Effective
immediately:

Carlos Ruisanchez, 42, has been promoted to President & Chief Financial
Officer. Ruisanchez previously held the position of Executive Vice President &
Chief Financial Officer. Ruisanchez has been with the Company since August
2008 and has more than 15 years of gaming industry experience, including time
spent as an investment banker advising gaming companies. As President & Chief
Financial Officer, Ruisanchez will continue to be responsible for the
Company's overall strategy and development activities, as well as the
financial and administrative functions of its finance department including
management of the capital structure, strategic financial planning, accounting,
strategic sourcing, bank and financial community relationships, SEC reporting
and internal and industry analysis.

Ginny Shanks, 52, has been promoted to Executive Vice President & Chief
Administrative Officer.Ms. Shanks previously held the position of Executive
Vice President & Chief Marketing Officer.Ms. Shanks has been with the Company
since October 2010 and has more than 30 years of industry marketing and
operational experience.As Executive Vice President & Chief Administrative
Officer, Ms. Shanks will continue to be responsible for the Company's
enterprise-wide marketing strategies, including the ongoing development of
distinct brand positioning for its gaming entertainment properties and overall
branding strategies, database marketing efforts and continued evolution of the
mychoice guest loyalty program, establishing new processes for enhancing the
guest experience, and more effectively communicating with guests. In addition,
Ms. Shanks is responsible for the Company's human resources and information
technology departments.

On the executive leadership promotions, Mr. Sanfilippo commented, "Carlos
andGinny are terrific leaders.They are thoughtful and collaborative
executives and are highly engaged in all aspects of our business. Over the
past three years, we have made great strides in improving the enterprise-wide
quality of the executive leadership at Pinnacle Entertainment. As our Company
continues to grow, I am confident that Carlos and Ginny, along with the other
talented and dedicated senior leaders at Pinnacle Entertainment, will bring
the focus and guidance needed to provide excellent service to our guests,
enriching careers for our team members, and drive long-term value for our
stakeholders.I congratulate Carlos andGinny on their promotions and look
forward to the future success of these talented executives and Pinnacle
Entertainment."

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates seven casinos, located in
Louisiana, Missouri, and Indiana, and a racetrack in Ohio.In addition,
Pinnacle is redeveloping River Downs in Cincinnati, Ohio into a gaming
entertainment facility, owns a minority interest in Asian Coast Development
(Canada) Ltd., an international development and real estate company currently
developing Vietnam's first large-scale integrated resort on the Ho Tram Strip,
and holds a majority interest in the racing license owner, as well as a
management contract, for Retama Park Racetrack outside of San Antonio, Texas.

On December20, 2012, Pinnacle agreed to acquire Ameristar Casinos, Inc. in an
all cash transaction valued at $26.50 per Ameristar share or total
consideration of $2.8 billion including assumed debt.Ameristar owns and
operates casino facilities in St. Charles near St. Louis, Mo.; Kansas City,
Mo.; Council Bluffs, Iowa; Black Hawk, Colo.; Vicksburg, Miss.; East Chicago,
Ind.; and the Jackpot properties in Jackpot, Nev.

CONTACT: Investor Relations
         Vincent J. Zahn, CFA
         Vice President, Finance and Investor Relations
         702/541-7777 or investors@pnkmail.com
        
         Media Relations
         Kerry Andersen
         Director, Public Relations
         337/395-7631 or kandersen@pnkmail.com

Pinnacle Entertainment, Inc. Logo