Ameristar Casinos Face Competitive Pressures
But of greater consequence is the fact that the company lowered its guidance for the year, and somewhat drastically at that. Now that the revenue numbers are out for the month of April, we can discuss some of the issues further.
Since then, the casinos clientele has shifted. For example, many of the regular $20/$40 limit hold'em players at Ameristar have taken their play over to Harrah's, where the new $30/$60 game is spread now almost on a daily basis. And starting next Saturday, the regular Pot-Limit Omaha game that has been played at Ameristar since before Harrah's even opened a poker room will now be moved over to Harrah's (the game will still be played at Ameristar on Mondays).
Obviously, it's not just the biggest gamblers who have changed venues.
May 24, 2006
Posted By Guy Akers
Staff Editor, CasinoGamblingWeb.com
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