SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
0-22494
CUSIP NUMBER
03070Q 10 1
(Check one)
/ / Form 10-K and Form 10-KSB / / Form 11-K
/ / Form 20-F /X/ Form 10-Q and Form 10-QSB / / Form
N-SAR
For the period ended March 31, 1998
/ / Transition Report on Form 10-K and Form 10-KSB
/ / Transition Report on Form 20-F
/ / Transition Report on Form 11-K
/ / Transition Report on Form 10-Q and 10-QSB
/ / Transition Report on Form N-SAR
For the transition period ended ____________________
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing
checked above, identify the item(s) to which the notification
relates: ___________________________________________________
PART I
REGISTRANT INFORMATION
Full Name of Registrant: Ameristar Casinos, Inc.
Former Name, if Applicable:
____________________________________________________
Address of Principal Executive Office (street and number): 3773
Howard Hughes Parkway, Suite 490 South
City, State and Zip Code: Las Vegas, Nevada 89109
<PAGE>PART II
RULE 12B-25(B) AND (C)
If the subject report could not be filed without unreasonable
effort or expense and the Registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box if
appropriate.)
/X/ (a) The reasons described in reasonable detail in Part
III of this form could not be eliminated without unreasonable
effort or expense;
/X/ (b) The subject annual report, semi-annual report,
transition report on Form 10-K, 10-KSB, 20-F, 11-K or N-SAR, or
portion thereof, will be filed on or before the fifteenth day
following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q or 10-QSB, or portion
thereof, will be filed on or before the fifth calendar day
following the prescribed due date; and
/ / (c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K and 10-
KSB, 20-F, 11-K, 10-Q and 10-QSB, N-SAR, or the transition report
or portion thereof could not be filed within the prescribed time
period.
Certain information necessary for the completion by the
Registrant of certain disclosures in the Quarterly
Report on Form 10-Q for the quarter ended March 31,
1998 (the "Form 10-Q"), particularly those relating to
certain anticipated future operating results and
trends, only became available to management of the
Registrant on May 14, 1998. Management of the
Registrant is evaluating this information in the
context of the Registrant's operations generally and
the preparation of the Form 10-Q. Such evaluation
could not be completed to permit the filing of the
Registrant's Form 10-Q within the prescribed time
period.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in
regard to this notification: Thomas M. Steinbauer, Senior Vice
President and Chief Financial Officer, (702) 567-7000.
(2) Have all other periodic reports required under
Section 13 or 15(d) of the Securities Exchange Act of 1934 or
Section 30 of the Investment Company Act of 1940 during
<PAGE>the preceding 12 months or for such shorter period that the
Registrant was required to file such report(s) been filed? If
the answer is no, identify report(s).
/X/ Yes / / No
(3) Is it anticipated that any significant change in
results of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
/X/ Yes / / No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
It is anticipated that the financial statements to be
included in the Registrant's report on Form 10-Q will
reflect that (i) consolidated net revenues increased
from approximately $49.6 million in the quarter ended
March 31, 1997 to approximately $61.4 million in the
quarter ended March 31, 1998, (ii) income from
operations (before preopening costs of approximately
$10.6 million in the 1998 quarter) decreased from
approximately $7.0 million in the quarter ended
March 31, 1997 to approximately $4.1 million in the
quarter ended March 31, 1998, (iii) income from
operations decreased from approximately $7.0 million in
the quarter ended March 31, 1997 to a loss of
approximately $6.5 million in the quarter ended
March 31, 1998, and (iv) net income decreased from
approximately $2.5 million in the quarter ended
March 31, 1997 to a loss of approximately $6.6 million
in the quarter ended March 31, 1998.
The primary reason for these changes is the
commencement of operations by the Registrant at The
Reserve Hotel Casino on February 10, 1998. Additional
reasons for the changes in income from operations and
net income are declines in operating income at the
Registrant's facilities in Jackpot, Nevada and Council
Bluffs, Iowa, partially offset by improved operating
performance at the Registrant's Vicksburg, Mississippi
facilities.
The above-described changes in results of operations
have been previously disclosed in a press release
issued by the Registrant on May 13, 1998.
<PAGE>
AMERISTAR CASINOS, INC.
(Name of Registrant as specified in its charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: May 15, 1998 By: /s/ THOMAS M. STEINBAUER
Thomas M. Steinbauer
Senior Vice President and
Chief Financial Officer
