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Ameristar Casinos increases cash dividend15 February 2007LAS VEGAS, Nevada – (PRESS RELEASE) -- Ameristar Casinos, Inc. (Nasdaq: ASCA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.1025 per share, payable on March 15, 2007 to stockholders of record as of March 1, 2007. This represents an annual rate of $0.41 per share, a 9.3% increase over the annual dividend for 2006. The Company has increased the dividend each year since it was initiated in 2004. "As a result of the continued growth in our operating results, we are pleased to increase the amount that we are returning to our stockholders for the third consecutive year," said John M. Boushy, CEO and President. "We are focused on increasing shareholder value in a number of ways: through our dividend policy, by driving organic growth through investment in our properties and through future acquisitions and new developments." |