Ameristar Casinos (ASCA +14%) soars after announcing it will spend $32.5M to acquire Creative...

|About: Ameristar Casinos, Inc. (ASCA)|By:, SA News Editor

Ameristar Casinos (ASCA +14%) soars after announcing it will spend $32.5M to acquire Creative Casinos, developer of a planned luxury resort in Lake Charles, LA called Mojito Pointe. Ameristar says it will invest at least $500M in building the resort, and expects to open it in mid-2014.