Company Receives Gaming License to Operate Casino in Florida
ST. LOUIS, Jan. 10 /PRNewswire-FirstCall/ -- Isle of Capri Casinos,
Inc. (Nasdaq: ISLE) announced today that the Company will unveil the next
generation of the Isle of Capri gaming experience when the casino opens in
late winter/early spring at Pompano Beach, Florida. In addition, the
Company announced that it has been awarded a gaming license by the Florida
Department of Business and Professional Regulation.
"The future of Isle of Capri looks like Pompano Park," said Timothy
Hinkley, president and chief operating officer. "This project provides us
with the opportunity to combine a tropical paradise with true Las
Vegas-style gaming, culinary offerings to please any palette and the
excitement of harness racing to create a powerful racino experience all
under a new name to debut when we open."
The project includes 1500 slot machines, a poker room and four
restaurants including the company-branded Farraddays' steakhouse, signature
tropical- themed buffet, a full-service New York-style delicatessen and
Italian osteria created by accomplished chef Luke Palladino. The heart of
the casino will include a multi-story feature bar offering vibrant high
action imagery and audio on multiple video displays. The project also
includes new racing amenities including a high-tech sports bar, wagering
area over-looking the track and a new Winner's Circle.
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 and Wolverhampton, England. The company also owns and operates
Pompano Park Harness Racing Track in Pompano Beach, Florida.
This press release may be deemed to contain forward-looking statements,
which are subject to change. These forward-looking statements may be
significantly impacted, either positively or negatively by various factors,
including without limitation, licensing, and other regulatory approvals,
financing sources, development and construction activities, costs and
delays, weather, permits, competition and business conditions in the gaming
industry. The forward-looking statements are subject to numerous risks and
uncertainties that could cause actual results to differ materially from
those expressed in or implied by the statements herein.
Additional information concerning potential factors that could affect
the Company's financial condition, results of operations and expansion
projects, is included in the filings of the Company with the Securities and
Exchange Commission, including, but not limited to, its Form 10-K for the
most recently ended fiscal year.
CONTACTS:
Isle of Capri Casinos, Inc.,
Allan B. Solomon, Executive Vice President - 561.995.6660
Donn Mitchell, Chief Financial Officer - 314.813.9319
Jill Haynes, Senior Director of Corporate Communication - 314.813.9368
NOTE: Other Isle of Capri Casinos, Inc. press releases and a corporate
profile are available at http://www.prnewswire.com . Isle of Capri Casinos,
Inc.'s home page is http://www.islecorp.com .
SOURCE Isle of Capri Casinos, Inc.
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Related links:
http://www.theislecorp.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20020502/ISLELOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Allan B. Solomon, Executive Vice President,
+1-561-995-6660, Donn Mitchell, Chief Financial Officer,
+1-314-813-9319, or Jill Haynes, Senior Director of Corporate
Communication, +1-314-813-9368, all of Isle of Capri Casinos,
Inc.
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