Isle of Capri Casinos Completes Sale of Properties
BILOXI, Mississippi – Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced today that it has completed the previously announced sale of its Vicksburg, Miss. and Bossier City, La. properties to Legends Gaming, LLC for $240 million cash subject to closing adjustments.
Isle of Capri Casinos, Inc., a leading developer and owner of gaming and entertainment facilities, operates 13 casinos in 11 locations. The company owns and operates riverboat and dockside casinos in Biloxi, Lula and Natchez, Mississippi; Lake Charles (2 riverboats), Louisiana; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and Boonville, Missouri. The company also owns a 57 percent interest in and operates land-based casinos in Black Hawk (two casinos), Colorado. Isle of Capri's international gaming interests include a casino that it operates in Freeport, Grand Bahama and a two-thirds ownership interest in casinos in Dudley, Walsall and Wolverhampton, England. The company also owns and operates Pompano Park Harness Racing Track in Pompano Beach, Florida.
2006-08-08
