Head of Pinnacle Entertainment in Lake Charles steps down

LAKE CHARLES, LA (KPLC) - The head of Pinnacle Entertainment in Lake Charles has stepped down.

According to a filing by the U.S. Securities and Exchange Commission, Geno M. Iafrate, who is the Executive Vice President, Regional Operations of Pinnacle, is resigning effective Friday, June 14.

According to the SEC filing, Iafrate will be paid his salary at $525,000 for the year.

Pinnacle declined to comment on the resignation, saying it was a personnel matter.

It is unclear if the resignation will impact the company's takeover of Ameristar or the ongoing construction of the new casino in Lake Charles.

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