EX-25.1 5 d713384dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE

ELIGIBILITY OF A TRUSTEE PURSUANT TO

SECTION 305(b)(2)             |    |

 

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

(Jurisdiction of incorporation

if not a U.S. national bank)

     

95-3571558

(I.R.S. employer

identification no.)

400 South Hope Street

Suite 400

Los Angeles, California

(Address of principal executive offices)

     

90071

(Zip code)

 

 

Pinnacle Entertainment, Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

(State or other jurisdiction of

incorporation or organization)

       

95-3667491

(I.R.S. employer

identification no.)

TABLE OF ADDITIONAL REGISTRANTS

 

Exact Name of Registrant as Specified in

its Charter

   State or Other
Jurisdiction of
Incorporation or
Organization		   I.R.S.Employer
Identification Number
ACE Gaming, LLC   New Jersey   54-2131351
AREP Boardwalk Properties LLC   Delaware   26-4464389
Belterra Resort Indiana, LLC   Nevada   93-1199012
Boomtown, LLC   Delaware   94-3044204
Casino Magic, LLC   Minnesota   64-0817483

Louisiana-I Gaming, a Louisiana Partnership in Commendam

   Louisiana   72-1238179
OGLE HAUS, LLC   Indiana   31-1672109
PNK (Baton Rouge) Partnership   Louisiana   72-1246016
PNK (BOSSIER CITY), INC.   Louisiana   64-0878110
PNK Development 7, LLC   Delaware   20-4328580
PNK Development 8, LLC   Delaware   20-4486902
PNK Development 9, LLC   Delaware   20-4328766
PNK (LAKE CHARLES), L.L.C.   Louisiana   02-0614452
PNK (Ohio), LLC   Ohio   27-3970406
PNK (Ohio) II, LLC   Ohio   36-4701883
PNK (Ohio) III, LLC   Ohio   32-0344828
PNK (Reno), LLC   Nevada   88-0101849
PNK (River City), LLC   Missouri   20-4330736
PNK (SAM), LLC   Texas   45-4786384
PNK (SAZ), LLC   Texas   46-0784066
President Riverboat Casino-Missouri, Inc.   Missouri   43-1525395
Yankton Investments, LLC   Nevada   83-0445853
Ameristar Casino Black Hawk, Inc.   Colorado   20-1290693
Ameristar Casino Council Bluffs, Inc.   Iowa   93-1151022
Ameristar Casino St. Charles, Inc.   Missouri   36-4401002
Ameristar Casino Kansas City, Inc.   Missouri   36-4401000
Ameristar Casino Vicksburg, Inc.   Mississippi   64-0827382
Cactus Pete’s, Inc.   Nevada   88-0069444
Ameristar East Chicago Holdings, LLC   Indiana   26-0302265
Ameristar Casino East Chicago, LLC   Indiana   26-0302265
Ameristar Casino Springfield, LLC   Massachusetts   45-4247313
Ameristar Lake Charles Holdings, LLC   Louisiana   38-3871352

 

- 2 -

3980 Howard Hughes Parkway

Las Vegas, Nevada

 (Address of principal
executive offices)

      

89169

(Zip code)

 

 

6.375% Senior Notes due 2021

and Guarantees of 6.375% Senior Notes due 2021

(Title of the indenture securities)

 

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

 

- 3 -

1. General information. Furnish the following information as to the trustee:

 

  (a) Name and address of each examining or supervising authority to which it is subject.

 

 

Name                

 

   

 

Address

 

Comptroller of the Currency

United States Department of the

Treasury

   

Washington, DC 20219

Federal Reserve Bank

   

San Francisco, CA 94105

Federal Deposit Insurance Corporation

   

Washington, DC 20429

 

  (b) Whether it is authorized to exercise corporate trust powers.

 

  Yes.

 

2. Affiliations with Obligor.

 

     If the obligor is an affiliate of the trustee, describe each such affiliation.

 

  None.

 

16. List of Exhibits.

 

     Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

  1. A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

 

  3. A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).

 

  4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).

 

- 4 -

  6. The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).

 

  7. A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

 

- 5 -

SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Houston, and State of Texas, on the 18th day of April, 2014.

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

By:  /s/  Julie Hoffman-Ramos                
Name:   Julie Hoffman-Ramos
Title:     Vice President

 

- 6 -

EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

At the close of business December 31, 2013, published in accordance with Federal regulatory authority instructions.

 

       

Dollar amounts

in thousands

  

ASSETS

    

Cash and balances due from

depository institutions:

    

                Noninterest-bearing balances
                and currency and coin

     796   

                Interest-bearing balances

Securities:

     321   
   

                Held-to-maturity securities

     0   

                Available-for-sale securities

     691,235   

Federal funds sold and securities

    

                purchased under agreements to resell:

    

                Federal funds sold

     129,700   

                Securities purchased under agreements to resell

     0   

Loans and lease financing receivables:

    

                Loans and leases held for sale

     0   

                Loans and leases,
                net of unearned income

   0  

                LESS: Allowance for loan and
                lease losses

     0  

                Loans and leases, net of unearned
                income and allowance

     0   

Trading assets

     0   

Premises and fixed assets (including

                capitalized leases)

     4,266   

Other real estate owned

     0   

Investments in unconsolidated

                subsidiaries and associated

                companies

     0   

Direct and indirect investments in real estate ventures

     0   

Intangible assets:

    

        Goodwill

     856,313   

        Other intangible assets

     130,642   

Other assets

     123,133   
   

 

 

  

Total assets

   $ 1,936,406   
   

 

 

  

 

1

LIABILITIES    
Deposits:    
        In domestic offices     811   
                Noninterest-bearing   811  
                Interest-bearing   0  
        Not applicable    

Federal funds purchased and securities

    
                sold under agreements to repurchase:    
                Federal funds purchased     0   
                Securities sold under agreements to repurchase     0   
Trading liabilities     0   
Other borrowed money:    

                (includes mortgage indebtedness

                and obligations under capitalized

                leases)

     0   
Not applicable    
Not applicable    

Subordinated notes and debentures

     0   

Other liabilities

     246,334   

Total liabilities

     247,145   
Not applicable    
EQUITY CAPITAL    
Perpetual preferred stock and related surplus     0   
Common stock     1,000   
Surplus (exclude all surplus related to preferred stock)     1,121,832   
Not available    
        Retained earnings     564,169   
        Accumulated other comprehensive income     2,260   
Other equity capital components       0   
Not available    
        Total bank equity capital     1,689,261   
        Noncontrolling (minority) interests in consolidated subsidiaries     0   
Total equity capital     1,689,261   
   

 

 

  
Total liabilities and equity capital     1,936,406   
   

 

 

  

I, Cherisse Waligura, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Cherisse Waligura         )         CFO

 

2

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

Troy Kilpatrick, President

       )              

Antonio I. Portuondo, Director

       )   Directors (Trustees)

William D. Lindelof, Director

       )  

 

3