ISLE Isleworth Healthcare Acquisition Corporation

BILOXI, Miss., June 15 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) announced today that it received site and development approval from the Mississippi Gaming Commission to develop its previously announced casino resort in west Harrison County, Mississippi. Preliminary plans call for the estimated $250-300 million project to include a single level gaming facility with over 2,000 gaming positions, a 500-room hotel, five restaurants and a complement of additional resort amenities. "We are pleased with the action taken today by the Gaming Commission and we are excited to be moving forward with this project in west Harrison County," said Tim Hinkley, president and chief operating officer of Isle of Capri Casinos, Inc. "We also appreciate the support we have received from local, state and county officials and we look forward to working with them in the development of this project." The project remains in the preliminary planning stages, and is subject to certain significant conditions, including, but not limited to, the receipt of all necessary licenses, approvals and permits. 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.theislecorp.com/

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