Ameristar Casinos and The Craig H. Neilsen Foundation Announces Over $250,000 In Katrina Relief Aid
September 02 2005 - 3:18PM
PR Newswire (US)
LAS VEGAS, Sept. 2 /PRNewswire-FirstCall/ -- Ameristar Casinos,
Inc.(NASDAQ:ASCA) and the private foundation of its Chairman and
CEO, Craig H. Neilsen, are contributing more than $250,000 toward
Hurricane Katrina relief. In addition, the Company will accept Team
Member contributions for hurricane relief through its Workplace
Giving Campaign, which it will match dollar for dollar. Ameristar
will contribute to the relief efforts immediately with: - A
donation of $250,000 to the American Gaming Association's "Gaming
Industry Katrina Relief Fund" from Ameristar Casinos, Inc. and The
Craig H. Neilsen Foundation. The AGA's fund is raising industry
dollars to provide disaster relief and assistance to affected
gaming industry employees in Mississippi and Louisiana. - The
Company's annual "Ameristar Cares Workplace Giving Campaign,"
beginning in mid-September, which will include a hurricane relief
organization as one of its designated charities. The Company will
match all Team Member contributions dollar-for-dollar. Last year,
Ameristar's Workplace Giving Campaign raised more than $1.5 million
for charitable organizations. - The donation of hundreds of meals
per day to the shelter at the Vicksburg Convention Center to assist
in feeding hurricane refugees for an indefinite period of time.
Food and beverage staff at Ameristar Casino Vicksburg will prepare
and deliver meals to the Convention Center, which is housing people
who fled to Vicksburg to take refuge from the hurricane. "I am
proud to lead Ameristar in supporting hurricane relief efforts with
a donation from the Company, my private foundation, and our Team
Members," said Ameristar Chairman and CEO Craig H. Neilsen. He
added: "We have all been deeply moved by the scenes of devastation
along the Gulf Coast, and we feel a special concern toward our
colleagues in the industry. We want them to know that our Company's
charitable giving program, Ameristar Cares, is committed to assist
in their recovery from this terrible disaster." The city of
Vicksburg escaped the full force of Hurricane Katrina, but the area
has had power and phone outages following the storm. Ameristar
Casino Vicksburg was closed on August 28 in preparation for the
storm and re-opened for business August 31. The Vicksburg property
sustained only limited damage due to high winds and heavy rain.
Ameristar will pay all Vicksburg Team Members for regularly
scheduled shifts not worked during the closing. No Ameristar
Vicksburg Team Members were injured in the storm, but some have
experienced property damage. Ameristar maintains an Ameristar Cares
Sunshine Fund to benefit Team Members who experience a crisis.
These funds are available to Team Members affected by Hurricane
Katrina. About the Ameristar Cares Corporate Giving Program
Ameristar Casinos has a long-standing history of commitment to the
communities in which we live and work. Our Ameristar Cares
charitable giving program encompasses direct financial donations,
workplace giving and Team Member volunteerism. In 2004, the Company
gave a total of nearly $8 million to non-profit organizations,
which included $5 million to local and state social service
programs. In addition, during 2004 the Company made donations of
nearly $1.2 million to more than 1,000 charities in our communities
through Ameristar Cares. Our focus is on education, with an
emphasis on adult literacy; social service agencies, with a special
concentration on assisting seniors; health-related nonprofits to
assist the sick; career and economic development; and research and
support for responsible gaming. Through the Ameristar Cares
Workplace Giving Campaign, Team Member donations are matched
dollar-for-dollar by the Company, with an additional match for
rehabilitation facility partners by The Craig H. Neilsen
Foundation. Last year, the campaign raised $1,553,000 for four
charity partners in each property's community as well as for Team
Member emergency relief funds. In October 2005, the Company will
sponsor the Ameristar National Charity Golf Classic, to benefit
spinal cord injury research. The event is expected to raise more
than $500,000. 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 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 in Black Hawk, Colorado (Denver metropolitan area); and Cactus
Petes and the Horseshu in Jackpot, Nevada (Idaho and the Pacific
Northwest ). Visit Ameristar Casinos' web site at
http://www.ameristar.com/ (which shall not be deemed to be
incorporated in or a part of this news release). DATASOURCE:
Ameristar Casinos, Inc. CONTACT: Kathy Callahan, Director of
Communications of Ameristar Casinos, Inc., +1-702-567-7053 Web
site: http://www.ameristar.com/
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