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|
Isle of Capri Biloxi
Isle of Capri Natchez
Isle of Capri Lula
Isle of Capri Lake Charles
Isle of Capri Boonville
Isle of Capri Kansas City
Lady Luck Casino Caruthersville
Isle of Capri Bettendorf
Isle of Capri Marquette
Isle of Capri Rhythm City-Davenport
Isle Casino Hotel Waterloo
Isle of Capri Black Hawk
Colorado Central Station
Pompana Park Racing
Isle of Capri Casino at Our Lucaya
Blue Chip-Dudley (66 2⁄3% owned)
Blue Chip-Wolverhampton (66 2⁄3% owned)
|Isle of Capri: Financial Info online|
Annual Reports (2003-2005)
For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students.
© 2014 University of Nevada, Las Vegas
Last modified Tuesday, 24-Jul-2012 16:08:56 PDT