Ameristar Casinos, Inc. Announces Stock Repurchase Program

Ameristar Casinos, Inc. announced that its Board of Directors has authorized the repurchase of up to $75 million of its common stock in a stock repurchase program. The shares may be repurchased from time to time through Sept. 30, 2014 in the open market or privately negotiated transactions at the Company's discretion. Ameristar expects to fund repurchases using cash on hand and its existing senior credit facility. The amount and timing of specific repurchases, if any, will depend on market conditions, stock price and other factors.