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Company increases dividend

Tuesday, Feb. 8, 2005 | 11 a.m.

Ameristar Casinos Inc. has increased its quarterly dividend by 25 percent over last year's annual amount.

The Las Vegas company, which doesn't own Las Vegas casinos but instead owns properties in other states, said it would pay a quarterly cash dividend of about 16 cents per share. Shareholders of record on March 1 would be entitled to the dividend, payable on March 15.

Improved operating results led to the increase, Ameristar Chief Executive Craig Neilsen said.

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