Ameristar Casinos is acquiring the Mountain High Casino in Black
Hawk, Colo., for about $115 million. The company plans a number of
capital improvements to the property, including the addition of a
300-room upscale hotel and an expansion of the casino's 57,000
square feet of gaming space. The construction, expected to cost $75
million, will take place in three stages and will begin once the
sale is finalized at the end of the year.