It is announced today that the purchase of the Admiral, sometimes known as President Casino St. Louis, was completed today by Pinnacle Entertainment. As you know, Pinnacle is involved with two large projects in the St. Louis area. Downtown St. Louis will welcome Lumiere Place in 2007, and River City Casino & Hotel will open in St. Louis County in 2008. There is no word on how long they will continue to operate the Admiral, after the grand opening of the nearby Lumiere Place.
Here is the
press release.