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Ameristar Casinos (ASCA) in the News

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Ameristar Casinos, Inc. is one of the oldest entertainment development companies in the US. They were founded back in 1954 in Las Vegas, Nevada. The company is known for joining exquisite cuisine with other offerings that include lodging, entertainment and other services. The main function of the company is to provide slot machine play throughout the US. Ameristar has facilities in Missouri, Colorado, Mississippi, Iowa, Indiana, and Nevada. Ameristar Black Hawk in Denver, Ameristar Council Bluffs in Iowa, and Ameristar Kansas City are a few of the casinos run by the company. In addition to the restaurants and casinos, Ameristar has created a niche in the area of sports bars. Mr. Gordon Kanofsky is the Vice Chairman and Chief Executive officer, with Mr. Larry Hodges as the President, Chief Operating Officer, and Director.


Latest Ameristar Casinos Company Stock News


Ameristar On the Sports Betting Band Wagon

Ameristar Casino in Council Bluffs is just one of 17 casinos that hope to bring sports wagering out of the underground and into the gambling realm of casinos.

Ameristar Casinos At A Loss

Like many other casino operators, Ameristar Casinos has had to cut operating cost in an effort to stay afloat as gamblers continue to spend less.

Ameristar Concerned With Iowa Reorganization Bill

Next week Iowa lawmakers will debate on a massive state government reorganization bill, however Ameristar casinos fear that collecting state debts on small payouts could cost them customers.

Ameristar Co- Sponsors $50,000 Donation To Haiti

In honor of the founder of Ameristar Casino and the Craig H. Neilsen Foundation established to fund research, rehabilitation and quality-of-life programs for people living with spinal cord injuries, the companies have contributed $50,000 to the University of Miami’s Global Institute’s relief efforts in Haiti.

Drunken Teen Sues Ameristar

Luke Niere, 19 has filed a lawsuit against Ameristar Casino claiming that the casino employees served him alcohol under age and were negligent for continuing to serve him when visibly intoxicated.

Ameristar Appoints New Director of External Communications

Ameristar Casinos Inc. has promoted Roxann M. Kinkade to the position of Director of External Communications responsible for handling company press releases and other external communications as well as media relations.

Ameristar Kansas City Gets New GM

A gaming industry professional with 30 years of experience, has joined Ameristar Casinos as the new Senior Vice President and General Manager of Ameristar Casino Hotel Kansas City, Missouri.

Ameristar Casino Surpasses Competition

Despite holding only one of the states seven gaming licenses, Ameristar Casino has managed to pull ahead of the competition.

Ameristar Sues County For Unfair Tax Assessments

Ameristar Casinos is the second casino operator in Warren County to take county officials and the Tax Assessor’s Office to court to appeal the calculations of their property taxes.

State To Permanently Demolish Bridge to Ameristar Casino

Ameristar Casino, East Chicago is one of the businesses effected by the mid November closure of Cline Avenue, and has stressed the importance of repairing or rebuilding the major arterial road that has become a vital connection to the Chicago Skyway and the Indiana Toll Road.

Ameristar Casino Effected By Road Closure

Last week the Indiana Department of Transportation released information from a state bridge inspection engineer that said the Cline Avenue Bridge was so structurally deficient that the state might want to consider demolishing it and rebuilding a new one rather than making repairs.

Ameristar Four Diamond Destination

Ameristar Casino has been awarded the prestigious American Automobile Association (AAA) Four Diamond Destination award for its 397 all suite luxury hotel and spa, Ameristar Casino Resort Spa St. Charles.

Ameristar Casinos Extend Financial Commitments

Several financial institutions took part in extending revolving commitments to Ameristar Casinos, Inc. The gaming company announced today that they have extended the maturity date of $600 million worth of loans under its senior secured credit facility.

Ameristar Casinos Presented With Philanthropy Award

The St. Louis chapter of the Association of Fundraising Professionals has awarded Ameristar Casinos with the philanthropy award for their efforts in donating nearly $5 million to area charities.

Ameristar Casinos Cash In

The Gaming Division in Colorado, eased restrictions on casinos back in July. The new regulations permitted an increase of the maximum bet from $5 to $100, allow casinos to add new table games and extend gaming operations 24 hours. The changes were expected to boost industry wide revenue by 10 percent.

Analyst Thinks Ameristar’s Outperforming Days Over

Ameristar Casinos has been one of the few gaming stocks to consistently beat industry experts’ predictions over the last year. And during that time, the company’s value has risen 63 percent, as a shift in the gambling industry has made the regional casino company a model of the industry’s near future. But a gaming analyst says the market has overreacted, and Ameristar may be cooling off.

Ameristar Rises Against Trend on Upgrade

Despite the bad day for the general market and casino stocks, Ameristar Casinos fought its way against the tide and had risen as much as five percent in value. The jump came after JPMorgan analysts upgraded the stock.

Ameristar Casinos Helps Fund Historical Project

Ameristar Casinos, which is heavily invested in Missouri’s gaming industry, teamed with the Port Authority of Kansas City to begin construction on the Riverfront Heritage Trail. The three million dollar project will connect Richard L. Berkley Riverfront Park and River Market region of the city.

Ameristar Casinos Note Sale Completed

Ameristar Casinos announced today that the gaming company had completed sales of notes offered privately and due in 2014. The gambling operator collected $650 million in exchange for senior unsecured notes at 9 1/4 percent.

Colorado Casinos Hire for Expected Boom

Casinos operated by Ameristar Casinos in Colorado are offering new jobs and training personnel for the increased business predicted when state gaming law changes go into effect.