EX-10.7



 Exhibit 10.7 
 EIGHTH AMENDMENT TO REDEVELOPMENT AGREEMENT 
 THIS
EIGHTH AMENDMENT TO THE REDEVELOPMENT AGREEMENT (“Eighth Amendment”) is made and entered into effective this
26th day of April, 2013, by and between LAND CLEARANCE FOR
REDEVELOPMENT AUTHORITY OF THE CITY OF ST. LOUIS (“LCRA”), a public body corporate and politic established pursuant to the Land Clearance for Redevelopment Authority Law of the State of Missouri and PINNACLE ENTERTAINMENT, INC., a
corporation duly organized and existing under the laws of the State of Delaware (“Redeveloper” or “Pinnacle”). 
 RECITALS 
 A. On April 22, 2004, LCRA and Redeveloper entered into
that certain Redevelopment Agreement which governs among other things the development of certain real property described in the Redevelopment Agreement in the City of St. Louis, Missouri, which agreement has been amended seven (7) times
(collectively, the “Redevelopment Agreement”). 
 B. Pursuant to the Redevelopment Agreement, one of the
Redeveloper’s obligations was to make an annual payment of One Million Dollars ($1,000,000) to the City of St. Louis (the “City”) following the opening of the Redeveloper’s gaming project located in St. Louis County as described
in the Redevelopment Agreement as the “City Services Fee” for services and capital improvements within the downtown area of the City. 
 C. LCRA and Redeveloper desire to provide for payment of the City Services Fee to LCRA rather than the City to be used to further the economic development activities within the City, including the
downtown area and to amend the Redevelopment Agreement as hereinafter set forth. 
 NOW, THEREFORE, in consideration of
the foregoing and other good and valuable consideration, the receipt and sufficiency of which are acknowledged by the parties hereto, the LCRA and Redeveloper agree as follows: 

1. The Redevelopment Agreement is amended as follows: 
 A. Subsection 2.2 (v) is hereby amended and restated as follows: 
 (v) in
consideration of the City’s and LCRA’s cooperation regarding certain City and LCRA actions, including but not limited to, vacation of streets and rights-of-way, and to assure the continued delivery of quality City services related to the
Project and economic development activities throughout the City, the Redeveloper shall make, by January 31st of each year commencing on the January 31st immediately following MGC licensure of Redeveloper for any gaming project operated by
Redeveloper located in the County (the “County Project”) which County Project opens within seven (7) years of the initial Licensure of Redeveloper for the Project, and provided the County Project continues in operation
thereafter, an annual payment to LCRA of One Million and No/100 Dollars ($1,000,000.00) (the “City Services Fee”). The LCRA shall use the City Services Fee proceeds for services and/or capital improvements within the City, including
the downtown area of the City, on behalf of the City, such services and capital improvements to be designated by the LCRA in its sole discretion. This City Services Fee shall be in addition to all other payments by the Redeveloper to the City or
LCRA pursuant to this Agreement and otherwise required by law. 







 2. Except as modified and amended by this Amendment, the Redevelopment Agreement shall
remain in full force and effect in accordance with the respective terms thereof. Unless the context otherwise indicates, all other terms and conditions of the Redevelopment Agreement which are the same as or directly related to the revised terms and
conditions set out in this Amendment are similarly modified to be consistent with this Amendment. The provisions of this Amendment shall inure to the benefit of and be binding upon the parties hereto, their successors and assigns. Capitalized terms
used herein and not otherwise defined shall have the meanings ascribed to them in the Redevelopment Agreement. 
 3. This Eighth
Amendment may be executed in counterparts. 
 IN WITNESS WHEREOF, the undersigned have set their hands and seals as of the date
first written above. 
  

			
	LAND CLEARANCE FOR
REDEVELOPMENT AUTHORITY
		
	By:	 	 /s/ Rodney Crim

	Name:	 	Rodney Crim
	Title:	 	Executive Director
	
	PINNACLE ENTERTAINMENT, INC.
		
	By:	 	 /s/ John A. Godfrey

	Name:	 	John A. Godfrey
	Title:	 	Executive Vice President, Secretary and General Counsel



  
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