Isle of Capri Casinos, Inc. Opens Isle Casino Cape Girardeau
ST. LOUIS, Oct. 31, 2012 /PRNewswire/ -- Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced today that its newest $135 million casino opened to the public with over 3,600 people passing through the turnstiles in the first six hours. Isle Casino Cape Girardeau, located approximately 120 miles south of St. Louis, created over 1600 construction jobs, received over 9,100 applications and hired approximately 725 employees.
The $135 million facility features 1,000 slot machines, 28 table games, five restaurants including Farmers Pick Buffet®, Farraddays®, Lone Wolf®, Lone Wolf® Express and Keller's℠, as well as a 750-seat multi-purpose room.
"Today we turned a dream into reality in Cape Girardeau," said Virginia McDowell, Isle's president and chief executive officer. "Back in December 2010 when the Missouri Gaming Commission selected our site in Cape Girardeau Mayor Harry Rediger referred to this project as a game changer for the City. We are so proud of all the wonderful relationships we have forged with the citizens of Cape Girardeau and even prouder of the team we have built to operate the facility. The enthusiasm for this project has been remarkable from the very beginning and we are so excited to share this dream with the entire community."
Cape Girardeau Mayor Harry Rediger said, "Today, the game does change for all of Cape Girardeau. We are now in a newly stimulated growth mode and greatly anticipate the probability of future commercial and residential growth. Our City Council has identified 16 projects to fund with the gaming revenue we will receive," said Cape Girardeau Mayor Harry Rediger. "We have confidence that Isle will be a great corporate partner and a wonderful addition to our business community."
About Isle of Capri Casinos, Inc.
Isle of Capri Casinos, Inc. is a leading regional gaming and entertainment company dedicated to providing guests with exceptional experience at each of the 16 casino properties that it owns and operates, primarily under the Isle and Lady Luck brands. The Company currently owns and operates gaming and entertainment facilities in Mississippi, Louisiana, Iowa, Missouri, Colorado and Florida. The Company is also currently developing a new facility at Nemacolin Woodlands Resort in Western Pennsylvania. More information is available at the Company's website, www.islecorp.com.
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.
Isle of Capri Casinos, Inc.,
Dale Black, Chief Financial Officer-314.813.9327
Jill Alexander, Senior Director of Corporate Communication-314.813.9368
SOURCE Isle of Capri Casinos, Inc.
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