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Craig Neilsen Obituary

Neilsen Craig H. It is with great sorrow and loss that the family of Craig H. Neilsen announces his passing on Sunday, November 19 in Las Vegas, Nev. He was Chairman and Chief Executive Officer of Ameristar Casinos, owner of Neilsen & Company and founder of The Craig H. Neilsen Foundation. Craig Hart Neilsen was born in 1941 in Logan, Utah, and moved with his family to Twin Falls, Idaho as a child. Following graduation from Twin Falls High School, he earned a bachelor's degree in political science at Utah State University, then went on to complete his master's in business administration and law degrees at the University of Utah. Shortly after that, he joined his father, Ray L. Neilsen, in his construction and real estate development firm in Twin Falls. Tragically, after only one year, Ray L. Neilsen passed away suddenly. At that time, Craig started Neilsen & Company, which soon became the region's largest and most successful construction and real estate development company. Neilsen & Company was responsible for the construction of many of Twin Falls' major buildings, as well as the renovation of the Lynwood Shopping Center and the creation of the Breckenridge residential subdivision. Most recently, Neilsen & Company was involved with the upscale Canyon Park lifestyle center. Future development plans at Canyon Park include a hotel and convention center. Through his father's estate, the family held one-third interest in Cactus Petes and The Horseshu casinos in Jackpot, Nev. At first, the family was a passive investor; however in the early 1980s, Craig became more involved in casino operations, and the entrepreneur in him envisioned the two properties becoming major resorts. That vision started to become a reality shortly after Craig became president of the Jackpot properties in 1984. In early November 1985, as Craig was driving back to Twin Falls from Jackpot, he was involved in a serious car accident that left him paralyzed. By mid-1986, he was back on the job - if possible, with even more determination than ever. In 1993, he took the Company public to help fuel its growth. Since that time, Ameristar has expanded outside of Nevada to five other properties in four additional states, and truly has established a reputation as a premier gaming entertainment company. Another important part of Craig's legacy was his wonderful generosity and community spirit. He established The Craig H. Neilsen Foundation in 2003, and since then has contributed millions of dollars, primarily toward spinal cord injury research at the nation's leading institutions. In addition, he led the way for the Company's charitable giving programs, and supported its workplace giving program generously through matches both from the Company and his Foundation. In 2002, he was honored as "Best Performing CEO" by the American Gaming Association, and in 2005 he was inducted into the American Gaming Association's Gaming Hall of Fame. In 2006, he was named Outstanding Business Leader by the Buoniconti Fund to Cure Paralysis. Craig also served on the Board of Directors of the American Gaming Association. Everyone who knew Craig respects him tremendously as a business leader with inexhaustible passion for Ameristar. He was an entrepreneur with incredible vision who took the Company public and who led its strong growth. Further, he inspired all of us with his courage, determination and dignity. He has also left a lasting impact on the lives of so many others through his generosity and community spirit. Craig is the son of the late Ray L. Neilsen and Gwen Hart Neilsen Anderson. He is survived by his son Ray H. (Nancy) Neilsen; stepdaughters Jaime Stam and Amanda (Howard) Byrd. Visitation will be held Nov. 28, noon - 7 p.m., Palm Mortuaries and Cemeteries; 6701 N. Jones Blvd, Las Vegas. On Nov. 29, there will be a public celebration of Craig's life and reception, held at 5 p.m, in the Mandalay Bay Convention Center, Ballroom E. Funeral and burial services will be private. The family requests that in lieu of flowers, donations be made to The Craig H. Neilsen Foundation, 550 Blue Lakes Blvd. North, Twin Falls, ID 83301-4033, Attn.: Tributes; or to SSM Rehab Foundation; 6420 Clayton Road, 1st Floor; St. Louis MO 63117; Attn.: Teri Champion.

To plant trees in memory, please visit the Sympathy Store.

Published by St. Louis Post-Dispatch from Nov. 26 to Dec. 4, 2006.

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3 Entries

Judy Lohrmann

November 28, 2006

Ray and family,

I admired your father from the moment I met him. I had that opportunity when Ameristar was still in the planning stages in Vicksburg.

He was truly a great man and will be missed in the gaming industry.

I am glad that I had the opportunity to speak to him when he was recently in Vicksburg.

God be with you during this adjustment period in your life and I know that Nancy will be a great comfort and support for you.

November 28, 2006

With deepest sympathy from PFG Middendorf, Victor Harshberger, Steve Weissler, Denny Lawler, James Sanderson.

Pete Wentzler, Sr.

November 26, 2006

Ray and family- I am sorry to hear about the passing of your father. I was quite touched by a letter he sent me while I was employed at Ameristar Council Bluffs. I was activated directly after the attacks of September 11, 2001. Your father sent me a very nice letter thanking me for my service to our country. Its one of the letters I cherish most in my military history collection. His kindness and gratitude will be his legacy. God Bless you and Nancy.

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