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Isle of Capri Company Profile

Isle of Capri Casinos, Inc. is a developer, owner and operator of branded gaming facilities and related lodging and entertainment facilities in markets in the United States and internationally. It wholly owns and operates 14 gaming facilities in the United States located in Lake Charles and Bossier City, Louisiana; Lula, Biloxi, Vicksburg and Natchez, Mississippi; Kansas City and Boonville, Missouri, and Bettendorf, Davenport and Marquette, Iowa. It also owns a 57% interest in, and receives management fees for operating, two gaming facilities in Black Hawk, Colorado. Only one of these gaming facilities operates under the name Isle of Capri and features a tropical island theme.

The Company's international gaming interests include a wholly owned casino in Freeport, Grand Bahama, and a two-thirds ownership interest in casinos in Dudley, Wolverhampton, and Walsall, England. It also wholly owns and operates a pari-mutuel harness racing facility in Pompano Beach, Florida.

 
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, the transaction is expected to be completed by June 2010

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 of Capri Rhythm City-Davenport

Isle Casino Hotel Waterloo

Colorado

Isle of Capri Black Hawk

Colorado Central Station

Florida

Pompana Park Racing

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 Tuesday, 24-Jul-2012 16:08:56 PDT