Isle of Capri Casinos, Inc. Announces Additional Plans for Biloxi Casino Resort
March 29 2006 - 1:22PM
PR Newswire (US)
BILOXI, Miss., March 29 /PRNewswire-FirstCall/ -- Isle of Capri
Casinos, Inc. (NASDAQ:ISLE) announced today construction plans for
the Isle of Capri Biloxi Casino Resort. The renovation project of
the existing atrium includes an additional 450 slot machines,
reopening the company-branded Tradewinds Marketplace with a variety
of food offerings, and a new multi-story entry feature and bar at
the heart of the atrium offering vibrant high action imagery and
audio on multiple video displays. Plans also include a covered
walkway bridge connecting the parking deck with the atrium. The
renovation project, adding additional food and beverage seating
capacity of 160, is expected to be complete by Memorial Day. The
company also plans to reopen the infinity pool and waterfall, spa
sundeck, and pool bar by May 1, completing the array of property
amenities for guests' enjoyment. Plans call for the remaining 100
hotel rooms to be fully operational by Memorial Day, bringing the
Isle of Capri Biloxi Casino Resort back to capacity with 731 rooms
including 200 whirlpool suites. "Regional casino players are
seeking more sophisticated playing options and amenities than ever
before. Our Biloxi casino is an example of the direction our
product is taking as we meet the growing demands of our customers.
Our team members in casino operations, food & beverage and the
hotel have worked diligently to operate the property at the levels
our guests expect. In Biloxi, our guests are relaxing at the spa,
enjoying the culinary expertise of our food and beverage service
staff and now are getting prepared for the summer season," Tim
Hinkley, president and chief operating officer, said. 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. 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. CONTACTS: Isle of Capri Casinos, Inc., Allan B.
Solomon, Executive Vice President - 561.995.6660 Donn Mitchell,
Chief Financial Officer - 228.396.7052 Jill Haynes, Director of
Corporate Communication - 228.396.7031 NOTE: Other Isle of Capri
Casinos, Inc. press releases and a corporate profile are available
at http://www.prnewswire.com/ . Isle of Capri Casinos, Inc.'s home
page is http://www.islecorp.com/ .
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 Donn Mitchell, Chief Financial Officer,
+1-228-396-7052, or Jill Haynes, Director of Corporate
Communication, +1-228-396-7031, all of Isle of Capri Casinos Web
site: http://www.islecorp.com/
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