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Isle of Capri Casinos, Inc. Completes
Sale of Vicksburg, Miss. and Bossier City, La.
Properties
BILOXI, Miss., July 31,
2006 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc.
(Nasdaq: ISLE - News) announced today that it has completed the
previously announced sale of its Vicksburg, Miss. and Bossier City,
La. properties to Legends Gaming, LLC for $240 million cash subject
to closing adjustments.
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, Walsall and Wolverhampton, England.
The company also owns and operates Pompano Park Harness Racing Track
in Pompano Beach, Florida.
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