President Casino, Pinnacle Entertainment Inc.’s (NYSE: PNK) riverboat gaming property in downtown St. Louis, is cutting back its hours of operation to compensate for the continuing financial losses at the property. The new schedule will reduce the hours of operation by 30 hours a week, said Mack Bradley, a spokesman for the casino. The President Casino said Tuesday it also plans to close its poker room location on the C-deck.

The President Casino in downtown St. Louis is scheduled to reopen Tuesday morning after it temporarily closed Saturday morning due to rising flood waters on the Mississippi River, according to the casino's owner and operator Pinnacle Entertainment. President Casino employees are working to remove mud and other debris from the parking lots, Porte Cohere and access ramps to the boat.