Showing posts with label Ameristar. Show all posts
Showing posts with label Ameristar. Show all posts

Thursday, February 4, 2010

AMERISTAR REPORTS FOURTH QUARTER AND

 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:

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

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

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