SOURCE: Ameristar Casinos, Inc.

Ameristar Casinos, Inc.

January 18, 2011 08:30 ET

Ameristar Casinos Workplace Giving Campaign Yields More Than $1.3M for Local Communities

LAS VEGAS, NV--(Marketwire - January 18, 2011) - Team members from Ameristar Casinos, Inc. (NASDAQ: ASCA) companywide, along with company and foundation matches, have pledged to generously contribute $1.3 million in local Ameristar communities through Ameristar's 2010 Ameristar Cares Workplace Giving Campaign. 

According to national studies, the average participation rate of employee workplace charitable campaigns is 35 percent. Across the company, Ameristar team member participation averaged 58 percent, and at every Ameristar location the participation rate exceeded the average participation rate.

"Ameristar team members have a history of giving generously, and Ameristar is a company that truly cares about people," said Ray Neilsen Chairman of the Board. "My dad, Ameristar's late founder, Chairman and CEO Craig H. Neilsen established a culture of giving at Ameristar. He believed in giving back to the communities in which we live and work both financially and through volunteerism."

"Participation in this year's campaign is strong evidence of how enthusiastically our team members embrace this cultural value. The amount raised and the participation rate are direct reflections of the caring and generosity of our team members and their dedication to helping the communities in which we live and work," said Gordon Kanofsky Chief Executive Officer and Vice Chairman.

WORKPLACE GIVING RESULTS
ADD ONE
Through the in-house workplace giving program, team members from Ameristar properties are given the opportunity to contribute to a variety of local and community organizations. All donations made during this year's workplace giving campaign are being matched twenty-five-cents-on-the-dollar by Ameristar Casinos, Inc. In addition, The Craig H. Neilsen Foundation will provide an additional dollar-for-dollar match to contributions directed to designated spinal cord injury rehabilitation centers. Individual team member pledges totaled $881,500, which will grow to $1,333,000 with the matching funds.

About Ameristar
Ameristar Casinos, Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar's focus on the highest quality gaming experience and exceptional guest service has earned it leading positions in the markets in which it operates. Founded in 1954 in Jackpot, Nev., Ameristar has been a public company since November 1993. The Company has a portfolio of eight casinos in seven markets: Ameristar Casino Resort Spa St. Charles (greater St. Louis); Ameristar Casino Hotel East Chicago (Chicagoland area); Ameristar Casino Hotel Kansas City; Ameristar Casino Hotel Council Bluffs (Omaha, Neb., and southwestern Iowa); Ameristar Casino Hotel Vicksburg (Jackson, Miss., and Monroe, La.); Ameristar Casino Resort Spa Black Hawk (Denver metropolitan area); and Cactus Petes Resort Casino and The Horseshu Hotel and Casino in Jackpot, Nev. (Idaho and the Pacific Northwest).

Visit Ameristar Casinos' website at www.ameristar.com (which shall not be deemed to be incorporated in or a part of this news release).