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Ameristar Casinos to Open New St. Charles, Missouri Facility

The new $360 million complex will replace the existing operations at the Company's St. Charles property, increasing the number of gaming positions by approximately 80 percent and significantly expanding the breadth of non-gaming amenities available to guests. The new Ameristar St. Charles restaurants will offer a total of 1,580 seats, which represents a 345 percent increase from the current 355 seats available to accommodate guests. Once the new facility is open, Ameristar will offer the largest selection of slot machines and table games in the metropolitan St. Louis market.

Ameristar Casinos, Inc. is an innovative, Las Vegas-based gaming and entertainment company known for its distinctive, quality conscious hotel-casinos and value orientation. Led by President and Chief Executive Officer Craig H. Neilsen, the organization's roots go back nearly five decades to a tiny roadside casino in the high plateau country that borders Idaho and Nevada. Publicly held since November 1993, the Company owns and operates six properties in Missouri, Iowa, Mississippi and Nevada, two of which carry the prestigious American Automobile Association's Four Diamond designation. Ameristar's Common Stock is traded on the Nasdaq National Market System under the symbol: ASCA.

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