AGENCY & MANAGEMENT NEWS: Fata Booking Moves Offices & Pinnacle Entertainment Posts 3Q Profit

(CelebrityAccess MediaWire) — Fata Booking, home to indie rock groups such as The Blood Brothers, Mae, Pretty Girls Make Graves, and Arms of Orion, has moved its offices in Philadelphia.

The new location for agents Eva Alexiou and David Wirchansky is at 2601 South Adler Street, Philadelphia, PA 19148.

They can be contacted at 215-468-5101 or by fax at 215-468-5124. –by CelebrityAccess Staff Writers

Pinnacle Entertainment Posts 3Q Profit

LAS VEGAS (AP) — Casino company Pinnacle Entertainment Inc. said Monday it returned to a third-quarter profit as revenue increased 29 percent and a hefty tax benefit boosted its bottom line.

Earnings totaled $5 million, or 12 cents per share, compared with a loss of $3.2 million, or 9 cents per share, last year. Revenue rose to $189.5 million from $146.5 million.

The company's latest results included a $14.1 million tax benefit. Adjusted for such one-time items, Pinnacle said it fell to a loss of $3.6 million, or 9 cents per share, from adjusted earnings last year of $2.5 million, or 7 cents per share.

"This was clearly a complicated period for us, given hurricanes Katrina and Rita," Chairman and Chief Executive Daniel R. Lee said in a statement.

Analysts expected the company to report third-quarter earnings of 10 cents per share on higher sales of about $195 million, according to Thomson Financial.

Pinnacle, which in August reported moderate to substantial damage on its casinos in Louisiana and Mississippi because of Hurricane Katrina, said Monday that its casino in Biloxi, Miss., is still closed. The company has so far received $25 million from insurance and expects to receive "substantially more" going forward.

Pinnacle said it plans to file both a property damage and business interruption insurance claim for the Biloxi casino, and said it wrote down the book value of affected assets by $57.6 million.

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