Achieved Record Annual Adjusted EBITDA ($331.2 Million) and
Adjusted EBITDA Margin (27.2%)
Set Fourth Quarter Records for Adjusted EBITDA ($73.1 Million) and
Adjusted EBITDA Margin (25.1%)
Ameristar Black Hawk Doubled Net Revenues and Increased
Adjusted EBITDA by 152.1% Over Prior-Year Fourth Quarter
Following Regulatory Enhancements and Opening of Hotel
Bridge Closure Impacts Ameristar East Chicago’s Business Levels
and Results in Non-Cash Impairment Charge
Completed Final Phase of Debt Restructuring with Extension of $600
Million of Revolving Credit Facility Commitments in November 2009
Read more:
Showing posts with label Ameristar. Show all posts
Showing posts with label Ameristar. Show all posts
Thursday, February 4, 2010
Thursday, January 14, 2010
AMERISTAR CASINOS REPORTS THIRD QUARTER 2009 RESULTS
Adjusted EBITDA Declined Only 2.1% Year Over Year Despite a Net
Revenue Decrease of 6.8%
Adjusted EBITDA Margin Improved 1.3 Percentage Points Over Prior-Year
Third Quarter
Ameristar Black Hawk Net Revenue Up 24.2% Year Over Year Following
Implementation of Regulatory Enhancements
Additional Growth at Ameristar Black Hawk Following September 29
Opening of 536-Room Luxury Hotel and Spa Adjusted EBITDA Declined Only 2.1% Year Over Year Despite a Net
Revenue Decrease of 6.8%
Adjusted EBITDA Margin Improved 1.3 Percentage Points Over Prior-Year
Third Quarter
Ameristar Black Hawk Net Revenue Up 24.2% Year Over Year Following
Implementation of Regulatory Enhancements
Additional Growth at Ameristar Black Hawk Following September 29
Opening of 536-Room Luxury Hotel and Spa
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Revenue Decrease of 6.8%
Adjusted EBITDA Margin Improved 1.3 Percentage Points Over Prior-Year
Third Quarter
Ameristar Black Hawk Net Revenue Up 24.2% Year Over Year Following
Implementation of Regulatory Enhancements
Additional Growth at Ameristar Black Hawk Following September 29
Opening of 536-Room Luxury Hotel and Spa Adjusted EBITDA Declined Only 2.1% Year Over Year Despite a Net
Revenue Decrease of 6.8%
Adjusted EBITDA Margin Improved 1.3 Percentage Points Over Prior-Year
Third Quarter
Ameristar Black Hawk Net Revenue Up 24.2% Year Over Year Following
Implementation of Regulatory Enhancements
Additional Growth at Ameristar Black Hawk Following September 29
Opening of 536-Room Luxury Hotel and Spa
Read more:
Thursday, August 6, 2009
AMERISTAR CASINOS REPORTS SECOND QUARTER 2009 RESULTS
Achieved $5.1 Million (6.5%) Second Quarter Year-Over-Year Improvement
in Adjusted EBITDA
Adjusted EBITDA Margin Improvement of 3.1 Percentage Points Over Prior-
Year Second Quarter
Ameristar Casino Black Hawk Gross Gaming Revenues Up 27% in July
Year Over Year Following Regulatory Reform
Successfully Refinanced Half of Outstanding Revolving Credit Facility
Debt; Well Positioned to Address Remaining Balance Before November
2010 Maturity
Read more:
http://www.ameristar.com/OpenFile.aspx?FilePath=Files/Earning_Releases/2009-08-05_Ameristar_Reports_2009_Q2_Results.pdf
in Adjusted EBITDA
Adjusted EBITDA Margin Improvement of 3.1 Percentage Points Over Prior-
Year Second Quarter
Ameristar Casino Black Hawk Gross Gaming Revenues Up 27% in July
Year Over Year Following Regulatory Reform
Successfully Refinanced Half of Outstanding Revolving Credit Facility
Debt; Well Positioned to Address Remaining Balance Before November
2010 Maturity
Read more:
http://www.ameristar.com/OpenFile.aspx?FilePath=Files/Earning_Releases/2009-08-05_Ameristar_Reports_2009_Q2_Results.pdf
Wednesday, April 29, 2009
AMERISTAR CASINOS REPORTS FIRST QUARTER 2009 RESULTS
Achieved Record Quarterly Adjusted EBITDA ($95.8 Million) and
Adjusted EPS ($0.52)
19.6 Percent Improvement in Adjusted EBITDA and 73.3 Percent
Improvement in Adjusted EPS Year Over Year
All Properties Improved Adjusted EBITDA Margins Year Over Year
Amended Credit Agreement Enhances Financial Flexibility and
Should Ensure Covenant Compliance Through at Least November
2010
Here is the Presentation
http://www.ameristar.com/corp/Presentation.asp
Adjusted EPS ($0.52)
19.6 Percent Improvement in Adjusted EBITDA and 73.3 Percent
Improvement in Adjusted EPS Year Over Year
All Properties Improved Adjusted EBITDA Margins Year Over Year
Amended Credit Agreement Enhances Financial Flexibility and
Should Ensure Covenant Compliance Through at Least November
2010
Here is the Presentation
http://www.ameristar.com/corp/Presentation.asp