CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

Ameristar Casinos comments on amended schedule 13D

23 October 2007

LAS VEGAS, Nevada -- (PRESS RELEASE)-- Ameristar Casinos, Inc. (Nasdaq: ASCA) commented on the amended Schedule 13D filed today with the Securities and Exchange Commission by the Estate of Craig H. Neilsen, Ameristar's majority shareholder. Mr. Neilsen was the founder of the Company and served as its Chairman and CEO until his death in November 2006.

"We read the filing to indicate the Estate wishes to preserve various options regarding its holdings in Ameristar stock," said John Boushy, Ameristar's CEO and President. "We continue to operate our business as usual and our management team remains focused on delivering outstanding operating results. We continue to execute upon our growth strategy, which includes making capital investments in Ameristar properties across the country as well as implementing improvement projects at our recently acquired Resorts East Chicago casino and hotel."

"Our almost 9,000 team members remain committed to providing the highest quality casinos, restaurants, hotels and entertainment venues, resulting in outstanding guest experiences each and every day," Boushy emphasized. "This philosophy, along with our proven operational and marketing approaches, has built Ameristar into the strong company it is today and should continue to position us for growth in the future."

Ameristar does not intend to provide further comment on this matter.

< Gaming News