ASCA A SPAC I Acquisition Corporation

2008 Marks Fourth Consecutive Annual Increase LAS VEGAS, Feb. 15 /PRNewswire-FirstCall/ -- Ameristar Casinos, Inc. (NASDAQ:ASCA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.105 per share, payable on March 14, 2008 to stockholders of record as of February 29, 2008. This represents an annual rate of $0.42 per share, a 2.4% increase over the annual dividend for 2007. This is the fourth consecutive year the Company has increased its dividend to stockholders. 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 eight casinos in seven 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); Ameristar Black Hawk (Denver metropolitan area); Cactus Petes and The Horseshu in Jackpot, Nevada (Idaho and the Pacific Northwest); and Resorts East Chicago (Chicagoland area), which was acquired on September 18, 2007. 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). http://www.newscom.com/cgi-bin/prnh/20040930/LATH017LOGO http://photoarchive.ap.org/ DATASOURCE: Ameristar Casinos, Inc. CONTACT: Investors, Tom Steinbauer, Senior Vice President, Chief Financial Officer, +1-702-567-7000, or Media, Karen Lynn, VP of Communications, +1-702-567-7038, both of Ameristar Casinos, Inc. Web site: http://www.ameristar.com/

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