Ameristar Casinos downgraded to “underweight” - update

NEW YORK, March 30 (newratings.com) - Analyst Joel H Simkins of Prudential Financial downgrades Ameristar Casinos Inc ( ASCA.NAS ) from “neutral weight” to “underweight.” The target price has been reduced from $34 to $29.

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Fri, March 30th, 2007

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Gambling history facts:

  • The MGM Grand, situated on the a Las Vegas strip has come up with a brand new slogan to promote the casino, "Think of all the New Year's resolutions you'll break." Some say it might even rival the famous Las Vegas catchphrase, "What happens here, stays here."
  • 1967: Elvis Presley marries Priscilla Anne Beaulieu on May 1 in the chapel of the Aladdin Hotel.
    1970: Binion's Horseshoe casino hosts the first World Series of Poker.
    1971: Female card dealers begin working on the Strip for the first time.
  • 1941: The Strip gets its first luxury hotel. El Rancho Vegas sets the trend for many of the themed resorts that sprout along the Strip in later years.
    1942: The first wedding chapel, the Little Church of the West, opens on the Strip in the Last Frontier Hotel.
  • Lotteries Have Been Prominent Throughout History. Ancient India, China, Greece, and Japan all had lotteries. The emperor Nero had lotteries for prizes at parties.