Isle Of Capri

Isle Of Capri Average ratng: 5,6/10 6378 votes

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Isle of Capri Casinos
FormerlyKana Corporation (1990–1992)
Anubis II Corporation (1992)
Casino America, Inc. (1992–1998)
TypePublic
NASDAQ: ISLE
IndustryGaming
GenreCasinos
SuccessorEldorado Resorts
Founded1990; 31 years ago
FounderBernard Goldstein
DefunctMay 1, 2017; 3 years ago
HeadquartersCreve Coeur, Missouri, U.S.
RevenueUS$1.13 billion (2008)[1]
-$51.35 million
-$96.87 million
Total assets$2 billion
Total equity$188.01 million
OwnerEldorado Resorts
Number of employees
7,500
Websiteislecorp.com[dead link]

Isle of Capri Casinos, Inc. was a gaming company headquartered in Creve Coeur, Missouri in Greater St. Louis which operated casinos and associated entertainment and lodging facilities in the United States.

It operated 15 casinos in seven states across the U.S., Isle of Capri properties have nearly 13 million visitors each year. These properties have a total of about 14,000 slot machines, 350 table games, 2,300 hotel rooms; and three dozen restaurants.

History[edit]

The company was founded in 1990 by Bernard Goldstein as Kana Corporation.

In April 1992, it was renamed Anubis II Corporation. In June 1992, it was renamed again to Casino America, Inc. and began trading on the NASDAQ under the ticker symbol CSNO. In 1995 it announced a move to trade to the New York Stock Exchange but that did not happen. In September 1998, it became Isle of Capri Casinos, Inc.[2] and changed its ticker symbol to 'ISLE.'[3]

The company opened its first casino on August 1, 1992 as a publicly traded corporation. Goldstein was known as the 'grandfather of riverboat gaming since he owned the first riverboat casino to sail on the Mississippi River.[2]

Goldstein's first casino operations were in the Quad City area of Iowa and Illinois, where Goldstein operated the riverboats Diamond Lady and the Emerald Lady under the corporate name Steamboat Casino Cruises.[4] The two boats, which sailed from Bettendorf, Iowa on April 1, 1991, were two of the first modern riverboat casinos.[5]

Isle of Capri Casinos opened its first casino in Biloxi, Mississippi in August 1992, and was the first gaming establishment to trade on the NASDAQ.[citation needed]

In 2000, Isle of Capri spent $400 million in a multi-part deal to acquire the Lady Luck chain of casinos. Lady Luck Gaming, which owned two adjacent Lady Luck casinos in Lula, Mississippi, one in Natchez, Mississippi, the Miss Marquette casino in Marquette, Iowa, and a half interest in the Lady Luck casino in Bettendorf, Iowa, was bought for $59 million in cash, $177 million in assumed debt, and $22 million to redeem preferred stock.[6][7] On the same day, Isle of Capri bought the other half of the Bettendorf property from Goldstein's family for $62 million,[8] and the rights to the Lady Luck trademark from Lady Luck's founder, Andrew Tompkins, for $31 million.[7] Six months later, it completed the purchase of the Lady Luck Hotel & Casino in downtown Las Vegas from Tompkins for $14.5 million.[9] The Las Vegas property was sold two years later to a group of real estate investors.[10] The other Lady Luck properties were all rebranded under the Isle of Capri name.[11]

In 2005, its Biloxi casino (but not its hotel) was destroyed and its Lake Charles facilities were damaged by Hurricanes Katrina and Rita, respectively.[12][13]

In August 2006, Isle of Capri Casinos moved its headquarters from Biloxi to Creve Coeur, Missouri, a suburb of St. Louis.[14] Missouri had offered $4.2 million in tax incentives to lure the operation. 150 employees moved with the headquarters. Company officials said they were looking for new headquarters after evacuating their building three times in 2004–05 due to hurricanes.[15]

On February 14, 2006, Isle of Capri sold the Isle of Capri Bossier City and Isle of Capri Vicksburg to Legends Gaming for $240 million. The properties are now known as 'Diamond Jack's'.

The company competed for a gambling license in Pittsburgh in 2006, offering $290 million toward the construction of a new arena for the Pittsburgh Penguins as an incentive and thus drawing enormous public support in Pittsburgh. The Pennsylvania Gaming Control Board nevertheless awarded the license to PITG Gaming Majestic Star instead, who was required to partially fund the building of the new arena, the Consol Energy Center.[16]

On March 19, 2007 Isle of Capri purchased Casino Aztar in Caruthersville, Missouri from Columbia Sussex for about $45 million.

In April, 2007 the Company opened the Isle Casino & Racing at Pompano Park in Pompano Beach, Florida.

On July 1, 2007 Isle of Capri opened a new property in Waterloo, Iowa.

In 2008, the company adopted a two-brand strategy, reviving the Lady Luck name for smaller properties with limited amenities, while keeping the Isle of Capri name for properties with full-service facilities like hotel rooms, convention space, and expanded dining options.[17] The Marquette and Caruthersville casinos were the first to be rebranded as Lady Luck properties.[18]

In June 2010, Isle of Capri bought the Rainbow Casino in Vicksburg, Mississippi from Bally Technologies for $80 million.[19] The property was re-branded Lady Luck Casino in 2012.

On December 1, 2010, the Missouri Gaming Commission awarded the company the state's 13th gaming license for a casino project in Cape Girardeau.[20] The casino includes 1,000 slot machines, 28 table games, 3 restaurants, a lounge and terrace overlooking the Mississippi River and a 750-seat event center at an estimated cost of $125 million.

On April 14, 2011, Isle of Capri and Nemacolin Woodlands Resort were selected as the recipients of Pennsylvania's last casino resort license by the state's gaming board.[21] Lady Luck Casino Nemacolin is expected to include 600 slot machines, 28 table games, a casual dining restaurant and lounge.

On October 30, 2012, Isle Casino Cape Girardeau opened to the public.[22]

In November 2012, Isle of Capri sold the Isle Casino Hotel Biloxi to Landry’s Inc. for $45 million.[23]

On July 1, 2013, Lady Luck Casino Nemacolin opened to the public.[24]

On February 3, 2014, the Company completed the sale of its Davenport, Iowa casino to Scott County Casino LLC.[25]

On October 18, 2015, the Company closed their Natchez, MS riverfront casino due to low patronage. The Isle of Capri hotel was sold to Natchez competitor Magnolia Bluffs Casino.[26]

On March 13, 2017, the Company sold Lady Luck Marquette to the Casino Queen based in Swansea, Illinois.[27]

On May 1, 2017, the acquisition by Eldorado Resorts, previously announced on September 19, 2016, was completed.[28]

Properties[edit]

The properties owned and operated by Isle of Capri Casinos at the time of its acquisition were:

  • Isle Casino Hotel Bettendorf — Bettendorf, Iowa
  • Isle Casino Hotel Black Hawk — Black Hawk, Colorado
  • Isle Casino Cape Girardeau — Cape Girardeau, Missouri
  • Isle Casino Hotel Waterloo — Waterloo, Iowa
  • Isle Casino Racing Pompano Park — Pompano Beach, Florida
  • Isle of Capri Casino Hotel Boonville — Boonville, Missouri
  • Isle of Capri Casino Kansas City — Kansas City, Missouri
  • Isle of Capri Casino Hotel Lake Charles — Lake Charles, Louisiana
  • Isle of Capri Casino Hotel Lula — Lula, Mississippi
  • Lady Luck Casino Black Hawk — Black Hawk, Colorado
  • Lady Luck Casino Caruthersville — Caruthersville, Missouri
  • Lady Luck Casino Nemacolin — Farmington, Pennsylvania
  • Lady Luck Casino Vicksburg — Vicksburg, Mississippi

Former[edit]

Properties previously owned by the company include:

  • Enchanted Capri casino cruise ship, sailing out of New Orleans, Louisiana
  • Isle Casino Coventry — Coventry, England
  • Isle of Capri Casino Hotel Biloxi — Biloxi, Mississippi
  • Isle of Capri Casino Hotel Bossier City — Bossier City, Louisiana
  • Isle of Capri Casino Hotel Tunica — Tunica, Mississippi
  • Isle of Capri Casino at Our Lucaya — Lucaya, Bahamas
  • Isle of Capri Casino Vicksburg — Vicksburg, Mississippi
  • Lady Luck Hotel & Casino — Las Vegas, Nevada
  • Lady Luck Casino Marquette — Marquette, Iowa
  • Rhythm City Casino Resort — Davenport, Iowa

References[edit]

  1. ^Isle of Capri Casinos: NASDAQ:ISLE quotes & news - Google Finance. Finance.google.com (2013-06-06). Retrieved on 2013-07-26.
  2. ^ ab'International Directory of Company Histories, Vol. 41. St. James Press, 2001'. Fundinguniverse.com. Retrieved 2014-03-02.
  3. ^'Casino America, Inc. Becomes `Isle Of Capri Casinos, Inc.'.' PR Newswire. PR Newswire Association LLC. September 25, 1998 Retrieved February 1, 2009 from HighBeam Research: http://www.highbeam.com/doc/1G1-53029175.html[permanent dead link]
  4. ^'Isle of Capri Celebrates 10 Years of Business in the Gaming And Entertainment Industry'. Phx.corporate-ir.net. Archived from the original on 2008-11-28. Retrieved 2014-03-02.
  5. ^Gaming Hall of Fame: Bernard Goldstein. Gaming.unlv.edu. Retrieved on 2013-07-26.
  6. ^Busby, Charles (March 3, 2000). 'Isle joins billion-dollar club'. The Sun Herald. Biloxi, MS: via NewsBank. Retrieved 2012-06-16.(subscription required)
  7. ^ abForm 10-K405/A (Report). Isle of Capri Casinos. August 1, 2000. Item 1. Business. Retrieved 2012-06-16.
  8. ^'Company news: Isle of Capri Casinos is in deal to buy Lady Luck Gaming'. New York Times. October 7, 1999. Retrieved 2012-06-16.
  9. ^Form 10-K405 (Report). Isle of Capri Casinos. July 30, 2001. Liquidity and Capital Resources. Retrieved 2012-06-16.
  10. ^Benston, Liz (October 31, 2002). 'Casino changes owners'. Las Vegas Sun. Retrieved 2012-06-16.
  11. ^Form 10-K405 (Report). Isle of Capri Casinos. July 30, 2001. p. 1. Retrieved 2012-06-24.
  12. ^'Isle of Capri Casinos, Inc., Provides Update of Hurricanes Rita and Katrina Damage'. Prnewswire.com. Archived from the original on 2006-02-13. Retrieved 2014-03-02.
  13. ^'Biloxi's casino blues / QCTimes.com'. Qctimes.net. Retrieved 2014-03-02.
  14. ^'Isle of Capris Completes HQ move to Creve Coeur - St. Louis Business Journal - August 14, 2006'. Gotostlouis.org. Archived from the original on June 30, 2009. Retrieved March 2, 2014.
  15. ^'City, Missouri team up to lure Isle of Capri to Creve Coeur.' St. Louis Post-Dispatch (St. Louis, Missouri) (viaKnight-Ridder/Tribune Business News). January 24, 2006. Retrieved February 1, 2009 from HighBeam Research: http://www.highbeam.com/doc/1G1-141196188.htmlArchived 2016-03-06 at the Wayback Machine - 'Missouri and Creve Coeur are offering more than $4.2 million in tax incentives to lure the corporate headquarters of Isle of Capri Casinos Inc. from its home in Biloxi, Miss., said Mark Perkins, the city's administrator.' and 'Isle of Capri is fleeing the frequent hurricanes of the Gulf Coast region, Haynes said. The company had to evacuate its headquarters three times between the autumns of 2004 and 2005 -- shutting down finance and information systems for all of its properties in the process.'
  16. ^'PITG wins slots casino license for North Side', Pittsburgh Post-Gazette, December 20, 2006
  17. ^Form 10-K (Report). Isle of Capri Casinos. June 25, 2009. p. 2. Retrieved 2012-06-24.
  18. ^Form 10-K (Report). Isle of Capri Casinos. June 25, 2009. p. 7. Retrieved 2012-06-24.
  19. ^Stutz, Howard (June 9, 2010). 'Isle of Capri completes $80 million casino purchase'. Las Vegas Review-Journal. Retrieved 2012-06-13.
  20. ^Isle of Capri Casinos - Investor Relations - News Release. Phx.corporate-ir.net (2010-12-01). Retrieved on 2013-07-26.
  21. ^Isle of Capri & Nemacolin Woodlands Casino Resort Project Selected by... - FAYETTE COUNTY, Pa., April 14, 2011 /PRNewswire/. Prnewswire.com. Retrieved on 2013-07-26.
  22. ^Isle of Capri Casinos - Investor Relations - News Release. Phx.corporate-ir.net (2012-10-15). Retrieved on 2013-07-26.
  23. ^Perez, Mary (November 29, 2012). 'Landry's Golden Nugget buys Isle Casino Biloxi'. Sun Herald. Biloxi. Archived from the original on December 2, 2012. Retrieved November 30, 2012.
  24. ^'Lady Luck Casino Opens At Nemacolin Woodlands Resort « CBS Pittsburgh'. Pittsburgh.cbslocal.com. 2013-07-01. Retrieved 2014-03-02.
  25. ^'Casino closes as it changes owners'. Qctimes.com. 2014-02-03. Retrieved 2014-03-02.
  26. ^http://www.natchezdemocrat.com/2015/10/16/isle-of-capri-casino-closes-sunday/))
  27. ^Inc., Isle of Capri Casinos. 'Isle of Capri Casinos, Inc. Completes Sale of Lady Luck Marquette and Announces Redemption of $50 Million of its Outstanding 5.875% Senior Notes due 2021'. www.prnewswire.com.
  28. ^Barr, Diana (April 28, 2017). 'Isle of Capri sale to close Monday'. St. Louis Business Journal.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Isle_of_Capri_Casinos&oldid=1003617644'

401 Main St,80422Black Hawk

Overview

Set in Black Hawk, Isle of Capri Casino Hotel Black Hawk offers accommodations with a casino. All rooms boast a flat-screen TV with cable channels and a private bathroom. Guests can enjoy mountain views.

The rooms at the hotel are equipped with a seating area. All rooms at Isle of Capri Casino Hotel Black Hawk have air conditioning and a desk.

Isle Of Capri

Guests at the accommodations will be able to enjoy activities in and around Black Hawk, like skiing and cycling.

With staff speaking English and Spanish, information is available at the reception.

Denver is 26 mi from Isle of Capri Casino Hotel Black Hawk. Denver International Airport is 43 mi from the property.

Rooms: 5

Hotel Chain: Eldorado

When would you like to stay?

Facilities of Isle of Capri Casino Hotel Black Hawk

General

  • WiFi in all areas

Activities

  • Skiing
  • Hiking
  • Cycling
  • Ski storage
  • Live music/Performance

Food & Drink

  • Restaurant
  • Bar
  • Snack bar
  • Kid-friendly buffet

Front Desk Services

  • 24-hour front desk
  • ATM on site
  • Private check-in/out

Entertainment & Family Services

Isle Of Capri Nyc

  • Casino
  • Entertainment staff
  • Evening entertainment

Cleaning Services

  • Daily housekeeping

Business Facilities

  • Meeting/Banquet facilities
  • Fax/Photocopying

Shops

  • Shops (on site)

Miscellaneous

  • Non-smoking rooms
  • Facilities for disabled guests
  • Elevator
  • Heating
  • Air conditioning
  • Designated smoking area

Safety & security

  • Safe
  • 24-hour security
  • Smoke alarms
  • CCTV in common areas
  • Fire extinguishers

Safety features

  • Staff follow all safety protocols as directed by local authorities
  • Hand sanitizer in guest accommodation and common areas
  • Face masks for guests available

Physical distancing

Isle Of Capri Black Hawk Casino

  • Cashless payment available
  • Physical distancing rules followed
  • Screens or physical barriers between staff and guests in appropriate areas

Cleanliness & disinfection

  • Guest accommodation disinfected between stays

Food & drink safety

  • Physical distancing in dining areas

Internet

WiFi is available in all areas and is free of charge.

Parking

Free private parking is available on site (reservation is not possible).

Policies of Isle of Capri Casino Hotel Black Hawk

These are general hotel policies for Isle of Capri Casino Hotel Black Hawk. As they may vary per room type, please also check the room conditions.

Check-in

From 16:00 hours

Check-out

Until 11:00 hours

Cancellation / Prepayment

Cancellation and prepayment policies vary according to property type.

Children and Extra Beds

Free!One child under 3 years stays free of charge in a crib.

One older child or adult is charged USD 10 per night in an extra bed.

The maximum number of extra beds in a room is 1.

The maximum number of total guests in a room is 4.

The maximum number of cribs in a room is 1.

Any type of extra bed or crib is upon request and needs to be confirmed by management.

Additional fees are not calculated automatically in the total cost and will have to be paid for separately during your stay.

Pets

Pets are not allowed.

Accepted credit cards

Isle Of Capri Boonville Mo

  • Mastercard
  • Visa
  • Discover
  • American Express

The property reserves the right to pre-authorize credit cards prior to arrival.

Isle Of Capri Casino Boonville Mo

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