Isle of Capri Casinos, Inc. Announces Robert S. Goldstein Appointed to Executive Vice Chairman of the Company and Additional Sha
October 10 2005 - 11:24AM
PR Newswire (US)
BILOXI, Miss., Oct. 10 /PRNewswire-FirstCall/ -- Isle of Capri
Casinos, Inc. (NASDAQ:ISLE) announced today that Robert S.
Goldstein, son of chairman and chief executive officer Bernard
Goldstein, has been appointed to the newly created position of
executive vice chairman of the company. Robert Goldstein has served
on the board of directors of the Isle since 1993. He also currently
serves as chairman, chief executive officer and president of Alter
Trading Corporation. Robert Goldstein has worked with Alter Trading
or its affiliates since 1977. Additionally, Robert Goldstein is an
officer and director of affiliated transportation businesses of
Alter Trading involved in barge transportation along the inland
waterway, trucking, stevedoring and warehousing. Robert Goldstein
is a graduate of Tulane University with a B.S. degree in economics.
"By creating this new position, the board has added additional
leadership that will help position the company for continued growth
and development. I am also proud that the board saw fit to place
Rob in this new role," said Bernard Goldstein, chairman and chief
executive officer. The company also announced that the board of
directors has approved the repurchase of an additional 1,500,000
shares under the company's share repurchase program. This program
allows the company to repurchase shares from time to time as market
conditions warrant. Contacts: Allan B. Solomon, Executive Vice
President-561.995.6660 Rex Yeisley, Chief Financial
Officer-228.396.7052 Jill Haynes, Director of Corporate
Communications-228.396.7031 Isle of Capri Casinos, Inc., a leading
developer and owner of gaming and entertainment facilities,
operates 15 casinos in 13 locations. The company owns and operates
riverboat and dockside casinos in Biloxi, Vicksburg, Lula and
Natchez, Mississippi; Bossier City and 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. Web site:
http://www.islecorp.com/ This press release may be deemed to
contain forward-looking statements, which are subject to change.
This project is subject to contingencies, including the receipt of
all necessary licenses and permits. 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 Isle of Capri Casinos, Inc. with the Securities and Exchange
Commission. http://www.newscom.com/cgi-bin/prnh/20020502/ISLELOGO
http://photoarchive.ap.org/ DATASOURCE: Isle of Capri Casinos, Inc.
CONTACT: Allan B. Solomon, Executive Vice President,
+1-561-995-6660, or Rex Yeisley, Chief Financial Officer,
+1-228-396-7052, or Jill Haynes, Director of Corporate
Communications, +1-228-396-7031, all of Isle of Capri Casinos Web
site: http://www.islecorp.com/
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