2007 Annual Report - Ameristar Casinos, Inc.

Ameristar Vicksburg. Ameristar Vicksburg has been the market leader for 13 consecutive years, attributable toits superior location, premier product quality and outstanding dining and entertainment options.The three-level dockside casino is significantly wider than other riverboat casinos in our market, providing aspacious feel. The casino features 44,500 square feet of gaming space, with 1,390 slot machines and 36 table games.The Bottleneck Blues Bar, which is a Delta-style blues club with live entertainment and gaming, and the CasinoCabaret round out the property’s entertainment offerings. Restaurants include Bourbon’s, overlooking theMississippi River; the Bottleneck Blues Bar Express Café, with regionally influenced express-service menuselections; and the 400-seat Heritage Buffet, with seven specialty food stations and private meeting facilities.The property features a newly renovated 149-room hotel, which holds a Three Diamond rating from theAmerican Automobile Association. The property is currently undergoing a major expansion. An expanded gamingfacility, featuring approximately 400 additional gaming positions, and a new 1,000-space parking garage connectedto the casino are expected to open in June 2008. Two new restaurants, a VIP club and retail space are expected to becompleted in the third quarter of 2008.Ameristar Vicksburg is located one-quarter mile north of Interstate 20 in Vicksburg, Mississippi. The property isvisible from the highway exit ramp and is the closest casino to I-20, a major east-west thoroughfare that connectsAtlanta and Dallas. Ameristar Vicksburg caters primarily to guests from the Vicksburg and Jackson, Mississippi andMonroe, Louisiana areas, along with some tourists visiting the area. The nearby Vicksburg National Military Parkattracts more than one million visitors annually.Ameristar Black Hawk. We acquired Mountain High Casino in Black Hawk, Colorado on December 21, 2004.In April 2006, the property was rebranded as Ameristar Black Hawk, following a reconfiguration and expansion ofthe gaming area, introduction of cashless slot technology and other gaming equipment upgrades and renovation andrebranding of the restaurants. In addition, the parking garage was expanded, nearly doubling its capacity to 1,550spaces. Ameristar Black Hawk is one of the largest casinos in Colorado and offers approximately 56,000 square feetfor gaming, with 1,640 slot machines and 26 table games, including 14 poker tables.Amenities at the property include the Timberline Grill, an upscale steak and seafood restaurant; the seven-stationCentennial Buffet; a casino deli featuring grilled items and stone-fired pizza; a Merk & Tyler Gift Shop; and aStarbucks Coffee Bar. Bar 8042, in the heart of the casino, showcases local and regional live entertainment.The construction of a four-diamond-quality hotel is progressing toward a completion date in the second half of2009. The 33-story tower’s 536 well-appointed, oversized rooms will feature upscale furnishings and amenities. Thetower will include a versatile meeting and ballroom center and will also have Black Hawk’s only full-service spa, anenclosed rooftop swimming pool and indoor/outdoor whirlpool facilities. Once completed, Ameristar Black Hawkwill offer destination resort amenities and services that we believe are unprecedented in the Denver gaming market.Ameristar Black Hawk is located in the center of the Black Hawk gaming district, approximately 40 miles westof Denver, Colorado, and caters primarily to patrons from the Denver metropolitan area.The Jackpot Properties. Cactus Petes Resort Casino and The Horseshu Hotel & Casino are both located inJackpot, Nevada, just south of the Idaho border. The Jackpot properties have been operating since 1956. Together,the Jackpot properties feature approximately 29,000 square feet of gaming space with 950 slot machines and 36table games, including seven poker tables, as well as a sports book.The properties’ resort amenities include 416 hotel rooms, with 23 deluxe hot-tub suites; an Olympic-sized pooland heated spa; a styling salon; lighted tennis courts; a recreational vehicle park; and access to a nearby 18-hole golfcourse. In addition, a general store and a service station serve guests and regional travelers. Dining selectionsinclude an extensive buffet; Plateau Steaks and Seafood; a 24-hour casual dining restaurant; a casual Mexican Grill;and a Pizza Hut. Cactus Petes’ Gala Showroom features nationally known entertainment.7