Won't the new company have to sell one of the St Louis area casino? They'll have three of the four in the area. There's one in East Stl as well but Missouri regulators won't care about that. That's the only visible overlap.
Forgot about Lake Charles. PNK had already dropped out of there with Sugarcane Bay. now they'll inherit Ameristar's project. Do they want that? This doesn't seem very good for either side to me. ASCA shareholders don't get enough money. PNK gets trouble in their two best markets.
Guess this is why ASCA dropped out of Massachusetts bidding.