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Exhibit (d)(6)
Contact: HARVEYS CASINO RESORTS
John J. McLaughlin
Chief Financial Officer
(775) 588-2411
FOR IMMEDIATE RELEASE:
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January 12, 2001
HARVEYS CASINO RESORTS EXTENDS
MERGER AGREEMENT WITH PINNACLE ENTERTAINMENT
Lake Tahoe, Nevada - Harveys Casino Resorts announced today that Harveys
has extended the outside termination date of its previously announced
acquisition of Pinnacle Entertainment, Inc. (f/k/a Hollywood Park, Inc.), from
January 15, 2001 to January 31, 2001, subject to Harveys' right to elect one or
more subsequent outside termination dates at any time and from time to time in
its sole discretion in accordance with the merger agreement. Harveys intends to
continue to evaluate the prospects for the transaction, but cannot assure that a
transaction will be consummated.
Founded in 1944 by Harvey and Llewellyn Gross, Harveys Casino Resorts
wholly owns and operates Harveys Resort Hotel/Casino, a AAA Four-Diamond full-
service resort at Lake Tahoe, Nevada; Harveys Wagon Wheel Hotel/Casino in
Central City, Colorado; and Harveys Casino Hotel in Council Bluffs, Iowa.
Harveys also manages Bluffs Run Casino in Council Bluffs, Iowa.
This press release contains "forward-looking statements," as defined in the
Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as
amended, with respect to Harveys' respective expectations or beliefs concerning
future events, including statements about the consummation of Harveys'
acquisition of Pinnacle. These statements are based on managements' current
expectations and are subject to risks and uncertainties, some or all of which
are not predictable or within Harveys' control, which could cause actual results
to differ materially from expected results. These risks and uncertainties
include, but are not limited to (a) ability to secure financing to complete the
transaction, (b) obtaining and retaining gaming licenses and regulatory
approvals, (c) changes in the gaming markets in which Harveys operates, (d)
risks and uncertainties inherent in the gaming industry, (e) other risks and
uncertainties related to the ability of the parties to consummate Harveys'
acquisition of Pinnacle and (f) other risks as detailed from time to time in
Harveys' filings with the Securities and Exchange Commission. All future
written and verbal forward-looking statements attributable to Harveys or any
person acting on Harveys' behalf are expressly qualified in their entirety by
the cautionary
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statements contained or referred to in this section. Harveys and
its affiliates undertake no obligation, and specifically decline any obligation,
to publicly update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed in this
press release might not occur.
