(Reuters) - NEW YORK, April 4 - Ameristar Casinos Inc. said on Wednesday it planned to pay $675 million for a casino complex near Chicago, which it intends to double in size, as it seeks to tap into the third-largest gaming market in the United States.
Some industry analysts said the price appeared to be high and saw mounting competition in the region, particularly from Harrah's Entertainment Inc. . Ameristar shares were down 4.1 percent to $31.14 in afternoon trading on Nasdaq.
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