Las Vegas-based Ameristar Casinos Inc. results
By maddy
The company, which owns six properties in four states, including Cactus Pete's and the Horseshu hotel-casino in Jackpot, Monday reported net income of $14.5 million, 54 cents a share, on revenue of $194.8 million for the quarter ended June 30. That compares with net income of $12.6 million, 47 cents a share, on revenue of $166.3 million for the same period a year ago.

The increase in net revenue for the quarter was attributed to a 65.3 percent increase at Ameristar St. Charles in Missouri, which opened in August 2002. Officials said the St. Louis-area property continues to generate a strong return on investment.

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