"When smaller cities play to their strengths while simultaneously working to shore up their deficiencies, they can attract talented entrepreneurs and help them succeed." That's what Chuck Cohn, native St. Louisan and CEO of Varsity Tours says in an article on Forbes.com. Cohn says St. Louis can serve as a model for other cities like it to develop tech hubs.
Only a few U.S. cities can claim to be technology meccas. Silicon Valley, Boston, Seattle, and - recently - New York City are responsible for the lion's share of successful tech startups in the U.S., but they can no longer stake a sole claim. New tech hubs, like St. Louis are emerging.
Gaming regulators in Missouri have approved Pinnacle Entertainment's $2.8 billion purchase of Ameristar Casinos, clearing one of the final hurdles in the acquisition.
The Missouri Gaming Commission voted 4-0 in favor of the deal Wednesday. Missouri was the last state to approve. The Federal Trade Commission must still give the go-ahead. Pinnacle spokeswoman Kerry Andersen says the company hopes to complete the transaction in August.