M&A Deal Summary

Pinnacle Entertainment Acquires Federated Sports & Gaming

On June 15, 2012, Pinnacle Entertainment acquired internet software and services company Federated Sports & Gaming

Acquisition Highlights
  • This is Pinnacle Entertainment’s 2nd transaction in the Internet Software and Services sector.
  • This is Pinnacle Entertainment’s 2nd transaction in the United States.
  • This is Pinnacle Entertainment’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2012-06-15
Target Federated Sports & Gaming
Sector Internet Software and Services
Buyer(s) Pinnacle Entertainment
Deal Type Add-on Acquisition

Target

Federated Sports & Gaming

Washington, District of Columbia, United States
Federated Sports & Gaming, Inc. is a provider of online media entertainment news.

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Buyer(S) 1

Buyer

Pinnacle Entertainment

Las Vegas, Nevada, United States

Category Company
Founded 1938
Sector Gaming
Employees14,738
Revenue 2.4B USD (2016)
DESCRIPTION
Pinnacle Entertainment's headquarters in Las Vegas, Nevada.
Pinnacle Entertainment's headquarters in Las Vegas, Nevada.

Pinnacle Entertainment, Inc. is an owns and operator of casinos located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri and Nevada, and a racetrack in Ohio. Pinnacle Entertainment, Inc. was established in 1938 and is headquartered in Las Vegas, Nevada.


DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (District of Columbia) 1 of 1
Country (United States) 2 of 4
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-30 BoomTown

Charleston, South Carolina, United States

BoomTown is a web-based software company that offers a robust online marketing system for real estate professionals. BoomTown was founded in 2006 and is based in Charleston, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-14 Ameristar Casinos

Las Vegas, Nevada, United States

Ameristar Casinos, Inc. is a provider of casino services with 1600 slot and video machines, blackjack tables and live poker, along with dining and entertainment venues.

Buy $2.8B