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Heather A. Rollo Joins Ameristar Casinos as Chief Accounting Officer

  • Press Release
  • Source: Ameristar Casinos, Inc.
  • On Tuesday January 6, 2009, 1:00 pm EST

LAS VEGAS, NV--(MARKET WIRE)--Jan 6, 2009 -- Ameristar Casinos, Inc. (NasdaqGS:ASCA - News) has named Heather A. Rollo as its Chief Accounting Officer, effective Jan. 12, 2009.

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Chart for Ameristar Casinos, Inc.
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Rollo, who most recently served as Executive Vice President, Chief Financial Officer and Treasurer of Progressive Gaming International Corp., a Las Vegas-based worldwide supplier of integrated casino and jackpot management systems, succeeds Thomas Malone, who has resigned to pursue other opportunities. "We are grateful to Tom for his more than seven years of devoted service to Ameristar and wish him the best in his new endeavors," said Tom Steinbauer, Ameristar's Senior Vice President and Chief Financial Officer.

Rollo has significant experience in the gaming industry, both with two publicly traded companies and while working with several large casino industry clients of three international accounting firms. She previously served as Ameristar's corporate Director of Accounting in 2003-04.

Before joining Progressive Gaming, Rollo was a Senior Audit Manager with international public accounting firm Ernst & Young LLP, where she assisted in establishing the organization's Las Vegas office. Earlier in her career, she held audit and consulting roles with global accounting firms Deloitte & Touche LLP and Arthur Andersen LLP.

"With her extensive knowledge of the gaming industry and previous experience with our Company, we are excited to have Heather rejoin the Ameristar team in this important executive-level post," Steinbauer said. "We will rely on her considerable skill and experience to help us continue to profitably operate our business as we successfully build on our record of offering guests a total entertainment experience through outstanding service and a variety of amenities at our high-quality facilities."

"I am very pleased to be rejoining the Ameristar family," Rollo said. "Ameristar is an exceptionally strong company, with motivated and talented Team Members led by an effective leadership team. The caliber of its people, combined with the quality of its assets, brand and culture, means the Company is well positioned to continue its strong performance."

A certified public accountant, Rollo, 35, holds a Bachelor of Science degree in Business Administration and a Master of Accountancy degree, both from Southern Utah University.

Forward-Looking Information

This release contains certain forward-looking information that generally can be identified by the context of the statement or the use of forward-looking terminology, such as "believes," "estimates," "anticipates," "intends," "expects," "plans," "is confident that," "should" or words of similar meaning, with reference to Ameristar or our management. Similarly, statements that describe our future plans, objectives, strategies, financial results or position, operational expectations or goals are forward-looking statements. It is possible that our expectations may not be met due to various factors, many of which are beyond our control, and we therefore cannot give any assurance that such expectations will prove to be correct. For a discussion of relevant factors, risks and uncertainties that could materially affect our future results, attention is directed to "Item 1A. Risk Factors" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended Dec. 31, 2007 and "Item 1A. Risk Factors" and "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2008.

About Ameristar

Ameristar Casinos, Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture, state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar's focus on the total entertainment experience and the highest quality guest service has earned it leading market share 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 in St. Charles (greater St. Louis); Ameristar Kansas City; Ameristar Council Bluffs (Omaha, Neb. and southwestern Iowa); Ameristar Vicksburg (Jackson, Miss. and Monroe, La.); Ameristar Casino Hotel in East Chicago (Chicagoland area); Ameristar Black Hawk (Denver metropolitan area); and Cactus Petes and The Horseshu in Jackpot, Nev. (Idaho and the Pacific Northwest).

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

Contact:

     CONTACTS:
Investors:
Tom Steinbauer
Senior Vice President, Chief Financial Officer
Ameristar Casinos, Inc.
(702) 567-7000
 
Media:
Rebecca Theim
Director of Communications
Ameristar Casinos, Inc.
(702) 567-7053
rebecca.theim [@] ameristar [dot] com
 

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