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Ameristar Casinos Declares Stock Split

2 May 2005

LAS VEGAS – (PRESS RELEASE) -- Ameristar Casinos, Inc. (Nasdaq: ASCA) today announced that its Board of Directors has declared a 2-for-1 split of the Company's common stock, effective at the close of business on June 6, 2005. One additional share of the Company's common stock will be distributed on June 20, 2005 for each share of common stock held by stockholders of record as of the close of business on June 6, 2005. As a result of the stock split, the number of issued and outstanding shares of the Company's common stock will increase to approximately 55.6 million, and the number of authorized shares of common stock will increase to 120 million.

"We believe the stock split will increase the liquidity of our shares and make them attractive to a broader range of investors," said Craig H. Neilsen, Chairman and CEO. "The Board's decision to declare a stock split also recognizes our strong financial performance and the growth opportunities that we are pursuing."

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