270:
373:
433:. In 2006, the Ameristar brand debuted after an $ 80 million renovation and expansion project that included additional covered parking; and announced details of its planned 33-story hotel and spa. Ameristar officially opened its new Casino Resort Spa complex in October 2009 to become the first destination resort casino in Colorado. The property's $ 230 million expansion included a 33-story luxury hotel and
550:, benefitted from casino-related regulatory reform approved by voters in 2008–09. In Missouri, voters repealed the state's loss limit, which had capped players' purchases of table game chips and slot machine credits at $ 500 every two hours. In Black Hawk, voters approved a measure that increased betting limits and operating hours and added the games of craps and roulette.
514:
Following the death of Craig H. Neilsen, his estate endowed the foundation in his name. Ameristar regularly partners with the Craig H. Neilsen
Foundation to support the rehabilitation of individuals suffering from spinal cord injuries and disease. Ray H. Neilsen serves as chairman and co-trustee with
356:
Ray H. Neilsen succeeded his father, serving as co-chairman with John Boushy, who was also promoted from president to CEO at the time of Craig's death. Boushy resigned in June 2008 and was succeeded by Gordon
Kanofsky, who previously served as the company's executive vice president and now holds the
471:
In 2010, Ameristar announced plans to renovate all of
Ameristar East Chicago's 280 superior guest rooms and 10 luxury suites; and to add 100 rooms and a fitness center to Ameristar Kansas City's existing luxury hotel. The addition will complement the property's existing 184 rooms and hotel lobby,
538:
Although the 2008–2009 economic recession hurt the financial performance of casinos on the Las Vegas Strip, Ameristar and other regional casino operators fared better as customers opted for gaming and entertainment destinations closer to home.
437:, an enclosed rooftop swimming pool, and 15,000 square feet (1,400 m) of meeting and event space. The 33-story hotel, which contains 536 rooms and 64 suites, became the tallest structure between Salt Lake City, Utah, and Denver.
940:
1091:
396:. The company subsequently constructed an adjoining hotel and, in 2008, completed a $ 100 million expansion of the facility. Ameristar opened the first of several riverboat casinos in
1250:
1240:
1260:
1245:
863:
1275:
1255:
353:
in 2002, and was inducted into the organization's "Hall of Fame" in 2005. Craig H. Neilsen remained chairman and CEO until his unexpected death on
November 19, 2006.
1010:
740:
1265:
480:
838:
662:
1040:
364:
bought
Ameristar for $ 869 million plus $ 1.9 billion in assumed debt. The company had reportedly been "on the sales block" since Craig Neilsen's death.
676:
1280:
617:
1099:
1270:
598:
326:
The corporation took over management of the neighboring
Horseshu Club in 1964. Cactus Petes came under the partial control of Ray Neilsen of
1161:
783:
27:
449:
183:
765:
708:
985:
562:
571:
475:
In
Massachusetts, where casinos were legalized in November 2011, Ameristar applied for the one gaming license allotted to
453:
1065:
1018:
959:
812:
589:
484:
487:
plant, for $ 16 million. In
November 2012, however, Ameristar withdrew its proposal in the face of competing bids from
350:
155:
1235:
607:
580:
393:
488:
635:
506:, for $ 32.5 million. Ameristar planned to spend at least $ 500 million on the resort and open it in mid-2014.
1217:
800:
611:
520:
503:
159:
148:
584:
381:
361:
289:
124:
338:. Neilsen's son, Craig, assumed control of day-to-day operations upon the elder Neilsen's death in 1971.
621:
593:
575:
543:
476:
445:
415:
301:
98:
886:
411:
under the ticker symbol "ASCA." Company headquarters were moved from Twin Falls to Las Vegas in 1996.
712:
688:
602:
566:
547:
492:
441:
430:
426:
397:
66:
1140:
313:
414:
In 2000, Ameristar purchased properties in Kansas City, Missouri, and St. Charles, Missouri, from
389:
349:, but he continued to lead and expand the company. Neilsen was named "Best Performing CEO" by the
1169:
530:
In 2012, the company and its employees raised almost $ 7 million for charitable organizations.
269:
401:
327:
864:"Las Vegas-based Pinnacle Entertainment to acquire rival Ameristar Casinos for $ 869 million"
1066:"Ameristar Casinos says Springfield Mayor Domenic Sarno made false accusation about company"
626:
419:
335:
285:
240:
134:
498:
In March 2012, Ameristar agreed to acquire
Creative Casinos, the developer of the proposed
639:
630:
461:
317:
88:
960:"Massachusetts Gov. Deval Patrick signs bill to establish up to 3 casinos, 1 slot parlor"
903:
716:
37:
26:
418:, and in 2001, sold The Reserve Hotel and Casino to Station Casinos, which renamed it
1229:
499:
479:, proposing to build a $ 910 million hotel and casino. It acquired a 41-acre site in
465:
457:
456:
in June 2008. An outdoor summer concert series promoted the rebranding, and featured
305:
45:
372:
346:
1191:
816:
357:
dual roles of CEO and vice chairman. Ray H. was named chairman at the same time.
407:
The company was renamed
Ameristar Casinos, Inc., and went public in 1993 on the
385:
380:
In 1992 the company made its first investment outside of Jackpot by acquiring a
334:, in 1967. Neilsen's construction company had built many of the structures at
202:
515:
Kanofsky. In addition, Ameristar was one of the first companies to help fund
376:
The Ameristar Resort Casino Spa, opened October 2009, in Black Hawk, Colorado
839:"Pinnacle Entertainment completes $ 2.8 billion buyout of Ameristar Casinos"
495:, saying that city officials were more likely to endorse a downtown casino.
663:
Ameristar Casinos (ASCA) annual SEC income statement filing via Wikinvest.
1162:"ASCA Ameristar Casinos reverses first-quarter loss, reinstates dividend"
516:
62:
677:
Ameristar Casinos (ASCA) annual SEC balance sheet filing via Wikinvest.
434:
1092:"Ameristar Casinos acquires hotel-casino project in Lake Charles, La"
709:"Assessor Parcel number inquiry - search by location address results"
526:
Ameristar also sponsors an active workplace giving campaign known as
408:
320:, Nevada. In 1956, Piersanti and others incorporated the property as
281:
51:
887:
http://www.vicksburgpost.com/articles/2008/05/25/news/newsbus01.txt
400:, in 1996. In 1998, the company opened the Reserve Hotel Casino in
371:
331:
309:
268:
221:
921:
1192:"Stock of Ameristar Casinos climbs after thumbs-up from voters"
1121:
345:
A November 1985 automobile accident left Craig H. Neilsen a
292:
in 2013. The company had eight properties in seven markets.
1141:"UPDATE 2-Pinnacle Entertainment posts profit on cost cuts"
813:"Ameristar Casinos : About Ameristar : History"
558:
Ameristar's properties at the time it was acquired were:
658:
656:
654:
1156:
1154:
922:"Las Vegas News | Breaking News & Headlines"
472:
which were extensively renovated in September 2006.
257:
238:
219:
200:
181:
166:
141:
130:
120:
112:
104:
94:
72:
58:
43:
33:
941:"Ameristar Hotel and Casino offers luxury getaway"
689:"Company Profile for Ameristar Casinos Inc (ASCA)"
672:
670:
300:The roots of Ameristar Casinos date to 1954, when
440:Ameristar also completed the acquisition of the
1214:Historical business data for Ameristar Casinos:
1251:Entertainment companies disestablished in 2013
1011:"Casino co. closes on purchase of Spfld site"
904:"Ameristar Casino Locations | mychoice®"
8:
986:"Ameristar places bet on Springfield casino"
19:
1241:Entertainment companies established in 1954
1041:"Ameristar drops Springfield casino effort"
784:"John M. Boushy Elected to Ameristar Board"
1261:Hospitality companies of the United States
542:Ameristar's properties in Kansas City and
18:
1246:Hospitality companies established in 1954
766:"Ameristar CEO Craig Neilsen Passes Away"
16:Casino operator based in Paradise, Nevada
608:Ameristar Casino Resort Spa Lake Charles
523:by making a $ 500,000 donation in 2004.
1276:Companies formerly listed on the Nasdaq
1256:Gambling companies of the United States
898:
896:
894:
650:
618:Ameristar Casino Resort Spa St. Charles
599:Ameristar Casino Resort Spa Black Hawk
392:. This property was opened in 1994 as
7:
1039:Mark Arsenault (November 30, 2012).
735:
733:
304:opened Cactus Petes Desert Lodge on
1266:Companies based in Paradise, Nevada
572:Ameristar Casino Hotel East Chicago
454:Ameristar Casino Hotel East Chicago
984:Thomas Grillo (October 23, 2012).
862:Howard Stutz (December 21, 2012).
590:Ameristar Casino Hotel Kansas City
14:
1139:Seetharaman, Deepa (2009-04-24).
764:Hwang, Jeff (November 20, 2006).
1281:2013 disestablishments in Nevada
1009:Anthony Fay (January 25, 2012).
837:Howard Stutz (August 14, 2013).
425:In 2004, Ameristar acquired the
25:
563:Ameristar Casino Council Bluffs
316:. The area would later become
273:Ameristar Casino in Kansas City
1090:Howard Stutz (14 March 2012).
958:Dan Ring (November 22, 2011).
450:Resorts International Holdings
1:
1271:1954 establishments in Nevada
1064:Dan Ring (December 4, 2012).
108:2013 (acquisition completed)
1126:Craig H. Neilsen Foundation
351:American Gaming Association
342:became sole owner in 1984.
78:; 70 years ago
1297:
627:Cactus Petes Resort Casino
581:Ameristar Casino Vicksburg
452:in 2007. It was rebranded
394:Ameristar Casino Vicksburg
636:Horseshu Hotel and Casino
489:MGM Resorts International
24:
1096:Las Vegas Review-Journal
926:Las Vegas Review-Journal
868:Las Vegas Review-Journal
843:Las Vegas Review-Journal
990:Boston Business Journal
788:www.casinocitytimes.com
612:Lake Charles, Louisiana
521:Nevada Cancer Institute
504:Lake Charles, Louisiana
302:"Cactus Pete" Piersanti
278:Ameristar Casinos, Inc.
20:Ameristar Casinos, Inc.
1166:www.tradingmarkets.com
585:Vicksburg, Mississippi
377:
362:Pinnacle Entertainment
290:Pinnacle Entertainment
274:
125:Pinnacle Entertainment
801:portfolio.com profile
745:Twin Falls Times-News
622:St. Charles, Missouri
594:Kansas City, Missouri
576:East Chicago, Indiana
544:St. Charles, Missouri
477:Western Massachusetts
446:East Chicago, Indiana
416:Station Casinos, Inc.
375:
288:. It was acquired by
272:
99:Cactus Pete Piersanti
713:Clark County, Nevada
614:(under construction)
603:Black Hawk, Colorado
567:Council Bluffs, Iowa
548:Black Hawk, Colorado
493:Penn National Gaming
442:Resorts East Chicago
431:Black Hawk, Colorado
427:Mountain High Casino
398:Council Bluffs, Iowa
388:, property known as
259:Number of employees
21:
741:"Craig H. Neilsen"
378:
322:Cactus Petes, Inc.
308:just south of the
284:operator based in
275:
1236:Ameristar casinos
1072:. Springfield, MA
966:. Springfield, MA
939:Potempa, Philip.
502:casino resort in
267:
266:
253:
234:
215:
196:
177:
154:Larry A. Hodges (
147:Gordon Kanofsky (
1288:
1200:
1199:
1188:
1182:
1181:
1179:
1177:
1168:. Archived from
1158:
1149:
1148:
1136:
1130:
1129:
1118:
1112:
1111:
1109:
1107:
1102:on 16 March 2012
1098:. Archived from
1087:
1081:
1080:
1078:
1077:
1061:
1055:
1054:
1052:
1051:
1036:
1030:
1029:
1027:
1026:
1017:. Archived from
1006:
1000:
999:
997:
996:
981:
975:
974:
972:
971:
955:
949:
948:
936:
930:
929:
918:
912:
911:
900:
889:
884:
878:
877:
875:
874:
859:
853:
852:
850:
849:
834:
828:
827:
825:
824:
815:. Archived from
809:
803:
798:
792:
791:
780:
774:
773:
761:
755:
754:
752:
751:
737:
728:
727:
725:
724:
715:. Archived from
705:
699:
698:
696:
695:
685:
679:
674:
665:
660:
528:Ameristar Cares.
481:East Springfield
420:Fiesta Henderson
360:In August 2013,
340:Craig H. Neilsen
286:Paradise, Nevada
247:
243:
228:
224:
209:
190:
184:Operating income
171:
135:Paradise, Nevada
86:
84:
79:
29:
22:
1296:
1295:
1291:
1290:
1289:
1287:
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1226:
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1190:
1189:
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1138:
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1133:
1120:
1119:
1115:
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1103:
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1073:
1063:
1062:
1058:
1049:
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1038:
1037:
1033:
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1022:
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1007:
1003:
994:
992:
983:
982:
978:
969:
967:
957:
956:
952:
938:
937:
933:
920:
919:
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902:
901:
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885:
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872:
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861:
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856:
847:
845:
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835:
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820:
811:
810:
806:
799:
795:
782:
781:
777:
770:The Motley Fool
763:
762:
758:
749:
747:
739:
738:
731:
722:
720:
719:on 26 June 2009
707:
706:
702:
693:
691:
687:
686:
682:
675:
668:
661:
652:
648:
640:Jackpot, Nevada
631:Jackpot, Nevada
556:
536:
512:
462:Smokey Robinson
370:
298:
260:
239:
220:
205:
186:
153:
152:
144:
137:, United States
89:Jackpot, Nevada
82:
80:
77:
48:
17:
12:
11:
5:
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1211:
1207:
1206:External links
1204:
1202:
1201:
1183:
1172:on 25 May 2009
1150:
1131:
1113:
1082:
1070:The Republican
1056:
1031:
1001:
976:
964:The Republican
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931:
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666:
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1234:
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1216:
1213:
1212:
1210:
1209:
1205:
1198:. 2008-11-06.
1197:
1193:
1187:
1184:
1171:
1167:
1163:
1157:
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1146:
1142:
1135:
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1127:
1123:
1117:
1114:
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1097:
1093:
1086:
1083:
1071:
1067:
1060:
1057:
1046:
1042:
1035:
1032:
1021:on 2012-02-08
1020:
1016:
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1005:
1002:
991:
987:
980:
977:
965:
961:
954:
951:
946:
942:
935:
932:
927:
923:
917:
914:
909:
905:
899:
897:
895:
891:
888:
883:
880:
869:
865:
858:
855:
844:
840:
833:
830:
819:on 2008-07-26
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814:
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802:
797:
794:
789:
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757:
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730:
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690:
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673:
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664:
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579:
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549:
545:
540:
533:
531:
529:
524:
522:
518:
509:
507:
505:
501:
500:Mojito Pointe
496:
494:
490:
486:
482:
478:
473:
469:
467:
466:Reba McEntire
463:
459:
458:Lionel Richie
455:
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336:Cactus Pete's
333:
329:
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319:
315:
311:
307:
306:U.S. Route 93
303:
295:
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61:
57:
53:
50:
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42:
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32:
28:
23:
1195:
1186:
1174:. Retrieved
1170:the original
1165:
1144:
1134:
1125:
1116:
1104:. Retrieved
1100:the original
1095:
1085:
1074:. Retrieved
1069:
1059:
1048:. Retrieved
1045:Boston Globe
1044:
1034:
1023:. Retrieved
1019:the original
1014:
1004:
993:. Retrieved
989:
979:
968:. Retrieved
963:
953:
945:nwitimes.com
944:
934:
925:
916:
907:
882:
871:. Retrieved
867:
857:
846:. Retrieved
842:
832:
821:. Retrieved
817:the original
807:
796:
787:
778:
769:
759:
748:. Retrieved
744:
721:. Retrieved
717:the original
703:
692:. Retrieved
683:
557:
541:
537:
527:
525:
513:
510:Philanthropy
497:
485:Westinghouse
474:
470:
439:
424:
413:
406:
390:Delta Pointe
379:
359:
355:
347:quadriplegic
344:
339:
325:
321:
299:
277:
276:
249:
241:Total equity
230:
222:Total assets
211:
192:
173:
131:Headquarters
34:Company type
1218:SEC filings
1196:Denver Post
483:, a former
386:Mississippi
314:Elko County
67:hospitality
54:: ASCA
1230:Categories
1176:15 January
1076:2012-12-21
1050:2012-12-21
1025:2012-12-21
995:2012-12-21
970:2012-12-21
873:2012-12-21
848:2013-08-14
823:2008-07-28
750:2022-11-07
723:2009-06-23
694:2008-10-21
646:References
444:casino in
404:, Nevada.
328:Twin Falls
312:border in
203:Net income
143:Key people
534:Financial
402:Henderson
382:Vicksburg
368:Expansion
208:$ -4.67M
156:president
121:Successor
46:Traded as
1106:14 March
908:MyChoice
517:research
227:$ 2.21B
170:$ 1.22B
116:Acquired
59:Industry
1145:Reuters
1015:WWLP-TV
554:Casinos
519:at the
435:day spa
318:Jackpot
296:History
250:FY 2009
246:$ 336M
231:FY 2009
212:FY 2009
193:FY 2009
189:$ 104M
174:FY 2009
167:Revenue
105:Defunct
95:Founder
81: (
73:Founded
1122:"Home"
546:, and
409:Nasdaq
282:casino
280:was a
158:&
63:Gaming
52:Nasdaq
38:Public
448:from
332:Idaho
310:Idaho
263:7,100
87:, in
1178:2022
1108:2012
491:and
464:and
113:Fate
83:1954
76:1954
65:and
429:in
160:COO
149:CEO
1232::
1194:.
1164:.
1153:^
1143:.
1124:.
1094:.
1068:.
1043:.
1013:.
988:.
962:.
943:.
924:.
906:.
893:^
866:.
841:.
786:.
768:.
743:.
732:^
711:.
669:^
653:^
638:—
629:—
620:—
610:—
601:—
592:—
583:—
574:—
565:—
468:.
460:,
422:.
384:,
330:,
1180:.
1147:.
1128:.
1110:.
1079:.
1053:.
1028:.
998:.
973:.
947:.
928:.
910:.
876:.
851:.
826:.
790:.
772:.
753:.
726:.
697:.
252:)
248:(
233:)
229:(
214:)
210:(
195:)
191:(
176:)
172:(
162:)
151:)
85:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
