Tuesday, December 05, 2017

Loooooong Memories

  • On March 1, 2017, the Board of Directors of Pinnacle Entertainment, Inc., a Delaware corporation (the “Company”), elected Ron Huberman to the Board of Directors. Mr. Huberman will hold office until the next annual meeting of stockholders (and until his successors shall have been duly elected and qualified). The Company has not yet made a determination as to the committees of the Board of Directors on which Mr. Huberman will serve. Mr. Huberman currently serves as Senior Advisor of PeopleAdmin, a talent management software company.

    There are currently no arrangements or understandings between Mr. Huberman and any other persons to which he was selected as a director of the Company and he is not a party to any transaction that would be required to be disclosed by the Company to Item 404(a) of Regulation S-K.

    Mr. Huberman shall be eligible to participate in all previously established and disclosed compensation and benefit plans in which non-employee directors participate. Information regarding these compensation and benefit plans are described in the Company’s Information Statement, filed as Exhibit 99.1 to the Company’s Form 10-12B/A, filed with the Securities and Exchange Commission on April 11, 2016 and is incorporated by reference.
  • Pinnacle Entertainment, the owner of East Chicago's Ameristar Hotel and Casino, is in talks with gaming operator Penn National Gaming that could result in Pinnacle's sale.

    Las Vegas-based Pinnacle and Wyomissing, Pennsylvania-based Penn acknowledged the discussions late last week.

    [...] Penn also owns the Hollywood casinos in Aurora and Joliet, Illinois, and Prairie State Gaming, a video gaming terminal operator with more than 1,100 gaming terminals at 270 bars and other retail gaming establishments in Illinois.
Consolidation of gambling interests, one of which numerous gambling interests in Illinois already, which will undoubtedly benefit connected interests - like Luberman. Our reader with the long memory relates:
  • Pinnacle tends to cater to higher heeled customers.  They're negotiating with Penn National Gaming who tends to cater to lower level gamblers.  After Chicago opens up their casino, the northwest Indiana casinos will lose a majority of their business; most gamblers live in Illinois.
Any media-types looking into all of this?  Joravsky maybe?

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23 Comments:

Anonymous Anonymous said...

Whoooooooo...
This m/fer Huberman is a straight-up
lick-hitter!


Corporate weasel-slut getting sexed in
on every greasy, cheesy and sleazy
"next big thing" that could be parlayed
into him making a splashy re-entry into
the local scene?

Hopefully the Feds already have him and
his backers on their radar.



Wasn't he being groomed as the Boy Blunder
who was going to take over CPD before the
Feds made Shortshanks eat a J-fled sandwich?

12/05/2017 01:26:00 AM  
Anonymous Anonymous said...

Lieberman is a connected snake.

12/05/2017 03:18:00 AM  
Blogger Mr. SouthSide said...

Ballad of Da Lube.

You don't tug on Superman's cape.
You don't spit in the gaming room.
You don't pull the mask off the Old Lone Ranger;
And you don't mess around with Da Lube.

12/05/2017 05:43:00 AM  
Anonymous Anonymous said...

The government will take over CPD soon vote Republican MAGA

12/05/2017 06:10:00 AM  
Anonymous Anonymous said...

Where is Chicago's casino??????

12/05/2017 06:16:00 AM  
Anonymous Anonymous said...

Wasn't Huberman a character on the Seinfeld show? Didn't Elaine work for Mr Huberman?

12/05/2017 06:34:00 AM  
Anonymous Anonymous said...

Joravsky is a liberal dog who won't say a bad thing about a black or homosexual (unless they are conservative). He has a crappy radio show on WCPT, and that show revealed him to be a loony leftie.

12/05/2017 08:07:00 AM  
Anonymous Anonymous said...

Absolutely correct on the comment that Indiana will lose a significant amount of casino revenue if a Chicago casino opens. The East Chicago casino has a poor location and the Gary Casino is run down. Trump did a smart move selling Gary years ago, because the revenue has never met expectations.

Horseshoe Casino in Hammond gets a majority of its revenue from Chicago Gamblers. They spent hundreds of millions of dollars in building and parking improvements over the recent years to "Chicago Proof" their casino from a potential newly built casino. The taxpayers of Hammond are in deep shit if a Chicago casino is built because the City of Hammond has over $100 million in long term debt supported by its share of yearly casino revenue to pay for its past spending spree, new parks,infrastructure improvements, Cabela giveways, College Bound program, Wolf Lake, etc. Their property tax rate is rising and if casino income falls, the spectre of default increases. I sold my investment property in Hammond last year and got out because of this fact.

12/05/2017 08:33:00 AM  
Anonymous Anonymous said...

WWJD for a Klondike bar?

12/05/2017 09:52:00 AM  
Anonymous Anonymous said...

So how many pension plans will he be getting now?

12/05/2017 10:33:00 AM  
Anonymous Anonymous said...

He should be receiving a police pension! That ass-hats my hero. Go get him mike shield.

12/05/2017 11:31:00 AM  
Anonymous Anonymous said...

Doesn't Ronniebella have a proven record of scaring away and doing the doo doo of Lemons that are hired by NBC?

12/05/2017 01:17:00 PM  
Anonymous Anonymous said...

So what is the beef? Like him or not, he's making a living. He's not robbing banks. There are a lot of other things for which he can be disliked, but why dislike and ridicule him for making a living? Why begrudge his pursuit of life, liberty and happiness? I don't get it.

12/05/2017 02:39:00 PM  
Anonymous Anonymous said...

What happened to comment section on CWB?

12/05/2017 05:45:00 PM  
Anonymous Anonymous said...

Anonymous said...

So what is the beef? Like him or not, he's making a living. He's not robbing banks. There are a lot of other things for which he can be disliked, but why dislike and ridicule him for making a living? Why begrudge his pursuit of life, liberty and happiness? I don't get it.

12/05/2017 02:39:00 PM


Wait.
Hold up...

Sarcasm.
Right?

12/05/2017 06:12:00 PM  
Anonymous Anonymous said...

I think Hube's clout is done.
Foolish to think he still has a backchannel to the demented ShortShanks or even What's in It for Me - Rahm.
Does Springfield still hold the lone state gaming license?

12/05/2017 07:23:00 PM  
Anonymous Anonymous said...

What is the true story on this guy, who was his sponsor and why, PO to Deputy chief, then more and more city posts. Rumors than he was Dick Daley's ass master? Anyone know?

12/05/2017 08:02:00 PM  
Anonymous Anonymous said...

Let's not forget the current case in front of SCOTUS about to legalize sports betting in any state that wants it.

12/05/2017 08:18:00 PM  
Anonymous Anonymous said...

Elaine's boss on Seinfeld was Mr Peterman. Huberman is close to Peterman, but close only counts in hand grenades and horseshoes.

12/05/2017 08:57:00 PM  
Anonymous Anonymous said...

Sarcasm.
Right?

12/05/2017 06:12:00 PM

Congratulations! Yeah, you caught me. I usually get one or two all pissed off, but not this time.

12/05/2017 10:46:00 PM  
Anonymous Anonymous said...

""Anonymous said...

What happened to comment section on CWB?

12/05/2017 05:45:00 PM""

They're probably overloaded with comments since DNAinfo went out of business.

12/05/2017 10:59:00 PM  
Anonymous Anonymous said...

Anonymous said...

What is the true story on this guy, who was his sponsor and why, PO to Deputy chief, then more and more city posts. Rumors than he was Dick Daley's ass master? Anyone know?

12/05/2017 08:02:00 PM

Really good rumor was he and the misfit Son
of Shortshanks were tighter than tight.

12/05/2017 11:01:00 PM  
Anonymous Anonymous said...

I don't get it.

12/05/2017 02:39:00 PM


I am ahthinking ya doooooooooooo.....get it........get it?

12/06/2017 01:43:00 AM  

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