ST. LOUIS, Dec. 10 /PRNewswire-FirstCall/ -- Isle of Capri Casinos,
Inc. (Nasdaq: ISLE) officials announce the appointment of Dale Black to the
position of senior vice president and chief financial officer, subject to
regulatory approval. Mr. Black's responsibilities include overseeing the
financial operations of the Company's corporate and casino properties,
financial strategy, accounting, and tax.
Mr. Black joins Isle of Capri Casinos following two years with Trump
Entertainment Resorts as executive vice president and chief financial
officer. Prior to joining Trump Entertainment Resorts, Mr. Black spent over
12 years at Argosy gaming company in Alton, Ill., serving as corporate
controller from 1993 to 1998, and then as senior vice president and chief
financial officer from 1998 until November 2005. While at Argosy, Black is
credited as being instrumental in the turnaround of the regional casino
company by building a balance sheet recognized as one of the strongest in
the gaming industry.
"Dale is well known and well respected in the financial community, and
is recognized for his ability to create shareholder value through the
development of a strong balance sheet, as well as the development of
financial strategies designed to increase free cash flow. His knowledge and
skill set will be valuable as we complete our strategic review, and
continue the process of identifying targeted growth opportunities for
Isle," said Virginia McDowell, president and chief operating officer.
A graduate of Southern Illinois University, Black began his financial
career with Arthur Andersen.
Isle of Capri Casinos, Inc., founded in 1992, is dedicated to providing
its customers with an exceptional gaming and entertainment experience at
each of its 18 casino properties. The Company owns and operates casinos in
Biloxi, Lula and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf,
Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and
Kansas City, Missouri and a casino and harness track in Pompano Beach,
Florida. The Company also operates and has a 57 percent ownership interest
in two casinos in Black Hawk, Colorado. Isle of Capri Casinos'
international gaming interests include a casino that it operates in
Freeport, Grand Bahama, a casino in Coventry, England, and a two-thirds
ownership interest in casinos in Dudley and Wolverhampton, England.
There are four Isle of Capri Casinos brands including "the isle," Isle
of Capri, Colorado Central Station and Rhythm City, providing over 16,000
slot machines, 550 table games and 3000 hotel rooms for our guests'
enjoyment.
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
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.islecorp.com
http://www.prnewswire.com
CONTACT:
Allan B. Solomon, Executive Vice President,
+1-561-995-6660, or Jill Haynes, Senior Director of Corporate
Communication, +1-314-813-9368, both of Isle of Capri Casinos,
Inc.
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