Ameristar Casinos Increases Cash Dividend
February 08 2005 - 9:30AM
PR Newswire (US)
Ameristar Casinos Increases Cash Dividend LAS VEGAS, Feb. 8
/PRNewswire-FirstCall/ -- Ameristar Casinos, Inc. (NASDAQ:ASCA)
today announced that its Board of Directors has declared a
quarterly cash dividend of $.15625 per share, payable on March 15,
2005 to stockholders of record on March 1, 2005. This represents an
annual rate of $.625 per share, a 25% increase over the amount
Ameristar paid in 2004. "As a result of the continued improvement
in our operating results, we are pleased to be able to increase the
amount that we are returning to our stockholders," said Craig H.
Neilsen, Chairman and CEO. About Ameristar Ameristar Casinos, Inc.
is a leading Las Vegas-based gaming and entertainment company known
for its premier properties characterized by innovative
architecture, state-of-the-art casino floors and superior dining,
lodging and entertainment offerings. Ameristar's focus on the total
entertainment experience and the highest quality guest service has
earned it a leading market share position in each of the six
markets in which it operates. Founded in 1954 in Jackpot, Nevada,
Ameristar has been a public company since November 1993. The
company has a portfolio of seven casinos in six markets: Ameristar
St. Charles (greater St. Louis); Ameristar Kansas City; Ameristar
Council Bluffs (Omaha, Nebraska and southwestern Iowa); Ameristar
Vicksburg (Jackson, Mississippi and Monroe, Louisiana); Mountain
High Casino Black Hawk (greater Denver, Colorado); and Cactus Petes
and the Horseshu in Jackpot, Nevada (Idaho and the Pacific
Northwest). Visit Ameristar Casinos' Web site at
http://www.ameristarcasinos.com/ (which shall not be deemed to be
incorporated in or a part of this news release).
http://www.newscom.com/cgi-bin/prnh/20040930/LATH017LOGO
http://photoarchive.ap.org/ DATASOURCE: Ameristar Casinos, Inc.
CONTACT: Tom Steinbauer, Senior Vice President of Finance, Chief
Financial Officer of Ameristar Casinos, Inc., +1-702-567-7000 Web
site: http://www.ameristarcasinos.com/
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