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Isle of Capri Company Profile

From the company's 2012 10-k:

We are a leading developer, owner and operator of regional gaming facilities and related dining, lodging and entertainment facilities in the United States. We currently own and operate 15 gaming and entertainment facilities in Louisiana, Mississippi, Missouri, Iowa, Colorado and Florida. Collectively, these properties feature approximately 13,400 slot machines and over 300 table games (including approximately 80 poker tables) over 2,300 hotel rooms and more than 45 restaurants. We also operate a harness racing track at our casino in Florida. We opened our Lady Luck Nemacolin Casino, our managed facility at the Nemacolin Woodlands Resort in western Pennsylvania, on July 1, 2013. This property features 600 slot machines, 28 table games and two restaurants.

Our portfolio of properties provides us with a diverse geographic footprint that minimizes geographically concentrated risks caused by weather, regional economic difficulties, gaming tax rates and regulations imposed by local gaming authorities.

We operate primarily under two brands, Isle and Lady Luck. Isle-branded facilities are generally in larger markets with a regional draw and offer expanded amenities, whereas Lady Luck-branded facilities are typically in smaller markets drawing primarily from a local customer base. Our senior management team has over 200 collective years of experience spanning 20 states, and multiple foreign jurisdictions. This team has established and executed against a strategic plan for growth focusing on three core principles, (1) refined fiscal discipline, (2) restyled customer experiences, and (3) a renewed asset base.

 
Isle of Capri History

1990: Isle of Capri was originally incorporated as the Kana Corporation

1992: Kana Corporation changed its name to Anubis II Corporation, then Casino American, and opened the Isle of Capri Biloxi, the first legal casino in Mississippi

1993: Isle-Vicksburg opened in a temporary facility

1994: Permanent Isle-Vicksburg opened

1994: Isle-Bossier City (Louisiana) opened

1995: $50 million improvement project, including new hotel, completed at Isle-Biloxi

1995: Isle-Lake Charles (Louisiana) opened

1995: Isle acquired Pompano Park, a harness racing track located in Pompano Beach, Florida

1996: Isle-Lake Charles opened a new $30 million, 105,000 square foot land- based pavilion with non-gaming amenties, and a second casino riverboat

1997: A limited stakes poker room opened at Pompano Park

1998: Isle-Black Hawk (Colorado) opens ( 57% ownership and operator)

1998: Isle formed Capri Cruises, a joint venture with Commodore Cruise Lines, owning a 50% interest and operating the casino on the Enchanted Capri cruise ship based in the Port of New Orleans.

1999: Isle acquired Harrah's Tunica, renamed it Isle of Capri Tunica

2000: Isle acquired the Lady Luck Las Vegas (downtown)

2000: Isle acquired the Lady Luck casino in Coahoma County, Mississippi, and rebranded it as the Isle of Capri Lula

2000: Isle acquired the Lady Luck casino in Bettendorf, Iowa, and rebranded it as the Isle of Capri Bettendorf

2000: Isle acquired the Lady Luck casino in Natchez, Mississippi, and rebranded it as the Isle of Capri Natchez

2000: Isle acquired the Miss Marquette casino in Marquette, Iowa, and rebranded it as the Isle of Capri Marquette

2000: Isle acquired the Flamingo Hilton casino in Kansas City, Missouri, and rebranded it as the Isle of Capri Kansas City

2000: Isle acquired Rhythm City-Davenport

2000: Corporate name officially became "Isle of Capri Casinos, Inc."

2001: Isle-Boonville (Missouri) opened

2002: Isle-Tunica sold

2002: Lady Luck Las Vegas sold to Steadfast AMX

2003: Colorado Central Station-Black Hawk opened (57% stake)

2003: Colorado Grande-Cripple Creek opened (57% stake)

2003: Isle approved to own casinos in the United Kingdom

2003: Isle acquired a two-thirds interest in Blue Chip Casinos, PLC, (United Kindgom)

2003: Blue Chip-Dudley (UK) opened

2003: Isle opened a new wholly owned gaming facility at Our Lucaya Beach and Golf Resort in Freeport, Bahamas

2004: Blue Chip-Wolverhampton (UK) opened

2004: Blue Chip-Walsall (UK) opened

2005: Colorado Grande-Cripple Creek sold

2005:Biloxi casino (but not its hotel) were destroyed and its Lake Charles facilities damaged by Hurricanes Katrina and Rita, respectively.

2006:Headquarters moved from Biloxi to St. Louis suburb Creve Coeur, Missouri.

2006: Isle of Capri sold the Isle of Capri Bossier City and Isle of Capri Vicksburg to Legends Gaming for $240 million.

2007:Isle of Capri purchased Casino Aztar in Caruthersville from Columbia Sussex.

2007:Isle Casino & Racing at Pompano Park opened.

2008: Isle Casino Hotel Waterloo opened.

2010:Isle of Capri bought the Rainbow Casino in Vicksburg, Mississippi for $80 million from Bally Technology

2012:Isle of Capri opens in Cape Girardeau, Missouri.

2013: Lady Luck Nemacolin Casino opens in Pennsylvania

Isle of Capri: Current Properties

Mississippi

Isle of Capri Biloxi

Isle of Capri Natchez

Isle of Capri Lula

Louisiana

Isle of Capri Lake Charles

Missouri

Isle of Capri Boonville

Isle of Capri Kansas City

Lady Luck Casino Caruthersville

Iowa

Isle of Capri Bettendorf

Isle of Capri Marquette

Isle Casino Hotel Waterloo

Colorado

Isle of Capri Black Hawk

Colorado Central Station

Florida

Pompana Park Racing

Missouri

Isle Casino Cape Girardeau

Pennsylvania

Lady Luck Nemacolin Casino

Bahamas

Isle of Capri Casino at Our Lucaya

United Kingdom

Blue Chip-Dudley (66 2⁄3% owned)

Blue Chip-Wolverhampton (66 2⁄3% owned)

Blue Chip-Walsall

Isle of Capri: Financial Info online

Publicly-accessible sites

Google Finance profile

Yahoo company profile

Reuters company profile

InvestorGuide company profile

Isle of Capri Investor Relations

SEC filings (SEC Site) | SEC filings (finance.yahoo)

Annual Reports (2003-2005)

For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students.


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Last modified Wednesday, 21-May-2014 09:28:21 PDT