Nemacolin Woodlands Files Application for PA Casino License

FARMINGTON, Pa., Jan. 12 /PRNewswire-FirstCall/ -- Nemacolin Woodlands Resort located in Farmington, Fayette County, Pennsylvania today formally filed its application with the Pennsylvania Gaming Control Board for a Category 3 resort gaming license as authorized under the 2004 Gaming Act.  Isle of Capri Casinos, Inc. (Nasdaq: ISLE), will manage and market the proposed casino at the southwestern Pennsylvania luxury resort if the license is granted.

In the application, Nemacolin outlined their plans for the new facility – Lady Luck Casino at Nemacolin – to be located at the corner of Route 40 and Smith School Road in Wharton Township.  Isle of Capri is planning Lady Luck Casino at Nemacolin to be a flagship property of its Lady Luck brand.  Lady Luck, a signature brand of Isle of Capri, is designed to have a friendly and energetic atmosphere. The Lady Luck concept is focused on providing great games, live entertainment, local food favorites at reasonable prices, and convenient parking. Lady Luck will not only be a wonderful fit for the resort, but will have significant appeal to the surrounding areas including Ohio, West Virginia, Maryland and other states. Nemacolin is convinced that no other casino in the Commonwealth of Pennsylvania will offer such a vast array of amenities, and its variety and quality of entertainment options will be unique in the State.

"Isle of Capri has brought forward an exciting and wonderful concept that promises to provide an exciting venue for our patrons while nicely fitting the style and image of Nemacolin Woodlands and the surrounding area," said Nemacolin Woodlands President and Owner Maggie Hardy Magerko.  "It's very important to us that we establish a casino that is highly functional from both a management and patron interaction standpoint.  Additionally, we intend for our facility to convey aesthetic excellence and increase the value of the customer experience at Nemacolin."

Nemacolin Woodlands Resort is one of North America's premier resort destinations earning a Forbes Travel Guide (formerly Mobil Travel Guide) Four-Star rating and a AAA Four Diamond Rating.  Nemacolin Woodlands has also been honored as one of Travel + Leisure magazine's 500 Best Hotels in the World.  Situated on over 3,000 acres, the resort features 335 luxurious guestrooms, suites, townhouses, and private luxury homes, including the AAA Five Diamond Falling Rock boutique hotel and clubhouse. In addition to the internationally acclaimed Woodlands Spa, the resort features the AAA Five Diamond and Forbes Travel Guide Five Star Lautrec Restaurant and offers 36 holes of golf on two championship courses—the Pete Dye designed Mystic Rock and the traditional Links Course.  For additional information, visit our websites at www.nemacolin.com www.falling-rock.com or call 724-329-8555.

Isle of Capri Casinos, Inc creates value for customers, clients, shareholders and employees by providing regional gaming and leisure experiences matched to customer preferences, focused on operational effectiveness and organic growth for the company's properties.  With solid regional diversification across the U.S., Isle of Capri has a seasoned management team who believes in strategic business plan to increase value through strong fiscal discipline and targeted operating strategies.  

The Company owns and operates 14 casino properties in six states. Collectively, these properties boast over 15,000 slot machines and nearly 400 table games, over 3,100 hotel rooms and more than three dozen restaurants.  The company's properties are in Biloxi, Lula and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and Kansas City, Missouri; two casinos in Black Hawk, Colorado; and a casino and harness track in Pompano Beach, Florida.

One of the largest publicly-traded gaming companies in the United States, Isle of Capri is traded on the NASDAQ stock exchange under ticker symbol ISLE.  More information is available at the Company's website, www.islecorp.com.

Forward-Looking Statements

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.

SOURCE Isle of Capri Casinos, Inc.