Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Pinnacle Entertainment, Inc.’s acquisition of Ameristar Casinos, Inc. would reduce competition and lead to higher prices and lower quality for casino customers in St. Louis, where the two companies were direct competitors at the time the Commission filed […]
Tag Archives: Retail Entertainment Bureau of Competition Competition Merger
FTC Challenges Pinnacle Entertainments Proposed Acquisition of Rival Casino Operator Ameristar
The Federal Trade Commission challenged Pinnacle Entertainment, Inc.’s proposed $2.8 billion acquisition of rival casino operator Ameristar Casinos, Inc., alleging that the proposed deal would reduce competition and lead to higher prices and lower quality for customers in the St. Louis, Missouri and Lake Charles, Louisiana areas. The FTC issued an administrative complaint against the […]