Isle of Capri Casinos

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Isle of Capri Casinos, Inc. (NASDAQISLE) with headquarters in Saint Louis, Missouri, operates casinos and associated entertainment and lodging facilities in the United States and abroad.

Most of its U.S. casinos operate under the Isle of Capri brand and have a tropical island theme.

Isle of Capri operates casinos and racetracks in Colorado, Florida, Iowa, Louisiana, Missouri, Mississippi, the Bahamas, and the United Kingdom.[1]

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[edit] History

Isle of Capri Casinos opened it first casino in 1992 and was the first gaming establishment to trade on the NASDAQ.[citation needed]

In 2005, its Biloxi casino (but not its hotel) was destroyed and its Lake Charles facilities damaged by Hurricanes Katrina and Rita, respectively.[2][3]

It moved the company headquarters to Saint Louis, Missouri.

On February 14, 2006, Isle of Capri announced plans to sell the Isle of Capri Bossier City and Isle of Capri Vicksburg to Legends Gaming for $240 million. The sold-off properties are now known as "Diamond Jack's"

The company competed for a gambling license in the city of Pittsburgh, Pennsylvania in 2006, offering $290 million towards building a new arena for the Pittsburgh Penguins as an incentive and thus drawing enormous public support in Pittsburgh, but the Pennsylvania Gaming Control Board awarded the license to PITG Gaming Majestic Star instead.[4]

On March 19, 2007 Isle of Capri purchased Casino Aztar Caruthersville from Columbia Sussex for about $45 million. Isle of Capri has not decided on a new name for the casino.[5]

In April, 2006 the Company opened a casino called the isle casino & racing at pompano park.

On July 1, 2007 Isle of Capri opened a new property in Waterloo, Iowa.

[edit] Gaming facilities

[edit] References

[edit] External links