BILOXI, Miss., Feb. 28 /PRNewswire-FirstCall/ -- Isle of Capri Casinos,
Inc. (Nasdaq: ISLE) announced today that Lee Wielansky, chairman and CEO of
Midland Development Group, Inc., has been elected as a member of the
Company's Board of Directors replacing Emanuel Crystal upon his retirement.
"Manny has served on the Board of Directors since Isle of Capri Casinos
began operating a casino in Biloxi, Mississippi in 1992. His dedication and
commitment have proven to be a valuable asset and he will be greatly
missed," said Bernard Goldstein, chairman and chief executive officer of
Isle of Capri Casinos, Inc.
Wielansky previously served as president and chief executive officer of
JDN Development Company, Inc., a wholly owned subsidiary of JDN
Corporation, a publicly traded real estate investment trust. He has also
served as managing director of Midwest operations for Regency Centers
Corporation and president, chief executive officer and founding partner for
Midland Group prior to its sale to Regency Centers Corp. Wielansky also
held the role as senior vice president and partner for the St. Louis office
of Leo Eisenberg & Co., Inc., and headed the brokerage division of Sachs
Properties, Inc.
Wielansky holds the designation of Certified Commercial Investment
Member (CCIM). He currently serves on the boards of Pulaski Bank in St.
Louis and Virtual Realty, a distressed debt fund. He is also the lead
trustee of Acadia Realty Trust (AKR), a real estate investment trust in New
York. He currently serves on the board of the Jewish Federation of St.
Louis and also served a three-year term on the board of directors of the
St. Louis Association of Realtors and was awarded the Commercial Realtor of
the Year award in 1990.
Wielansky holds a bachelor's degree in business administration, with a
major in real estate and finance, from the University of Missouri -
Columbia. The appointment is subject to certain conditions including, but
not limited to, the receipt of all necessary licenses and approvals.
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, 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.
 back to top
Related links:
http://www.islecorp.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, Director of Corporate
Communication, +1-314-813-9368, all of Isle of Capri Casinos,
Inc.
|
