Isle of Capri Casinos, Inc. Opens Casino in Bahamas
December 15 2003 - 11:26AM
PR Newswire (US)
Isle of Capri Casinos, Inc. Opens Casino in Bahamas -- New Property
Brings More Exclusive Player Benefits to IsleOne Members -- BILOXI,
Miss., Dec. 15 /PRNewswire-FirstCall/ -- Isle of Capri Casinos,
Inc. officials announced today that it has opened its casino at the
Westin and Sheraton at Our Lucaya Beach & Golf Resort at
Freeport, Grand Bahama. The approximately 19,000 square-foot
resort-style casino offers 400 slot machines and 21 table games.
The property also features a 110-seat upscale restaurant called The
Cove. The casino is expected to draw customers from the south
Florida area and the eastern United States, as well as
international markets. Bernard Goldstein, chairman and chief
executive officer of Isle of Capri Casinos, said, "Following our
completion of the Isle of Capri's venture into the UK, the Our
Lucaya casino furthers the company's presence on an international
scale." The company held an opening ceremony and ribbon cutting to
celebrate the event at 10 a.m. EST today. The Honorable Obediah H.
Wilchcombe, Minister of Tourism with responsibility for Gaming was
in attendance. Timothy M. Hinkley, president and chief operating
officer of Isle of Capri Casinos, said, "Our Lucaya offers an
exciting fit to the company's tropical branding efforts. This
casino will bring greater opportunities to Isle players through
more IsleOne deferred-reward program benefits with travel to the
Bahamas." The 300 Isle employees marked the event with a
pre-opening pep rally and party on Saturday, featuring live
entertainment and giveaways. The Westin and Sheraton at Our Lucaya,
operated by Starwood Hotels & Resorts Worldwide, Inc. includes,
14 food-and-beverage outlets, a conference center, a tennis center,
four ocean-front pools and spa & fitness center, two 18-hole
championship golf courses and a Butch Harmon School of Golf. Isle
of Capri Casinos, Inc., the leader in regional gaming, owns and
operates 17 riverboat, dockside and land-based casinos at 16
locations, including Biloxi, Vicksburg, Lula and Natchez,
Mississippi; Bossier City and Lake Charles (two riverboats),
Louisiana; Black Hawk (two land-based casinos) and Cripple Creek,
Colorado; Bettendorf, Davenport and Marquette, Iowa; and Kansas
City and Boonville, Missouri. International locations include
Freeport, Grand Bahama and Dudley, England. The company also
operates Pompano Park Harness Racing Track in Pompano Beach,
Florida. The Westin and Sheraton at Our Lucaya Beach and Golf
Resort is a 372-acre resort on Grand Bahama Island. The 1,260 room
resort features two 18-hole golf courses, the Butch Harmon School
of Golf, Senses Spa and fitness center, 14 restaurants and lounges,
four premier tennis courts, Camp Lucaya children's center and four
oceanfront swimming pools. For information, please call toll-free
(800) Westin - 1 (937-8461) for the Westin at Our Lucaya, (800)
325-3535 for the Sheraton at Our Lucaya or visit
http://www.westin.com/ourlucaya or
http://www.sheraton.com/ourlucaya. Starwood is one of the leading
hotel and leisure companies in the world with more than 740
properties in 80 countries and 105,000 employees at its owned and
managed properties. With internationally renowned brands, Starwood
is a fully integrated owner, operator and franchisor of hotels and
resorts including: St. Regis, The Luxury Collection, Sheraton,
Westin, Four Points by Sheraton, W brands, as well as Starwood
Vacation Ownership, Inc., one of the premier developers and
operators of high quality vacation interval ownership resorts. For
more information, please visit http://www.starwood.com/. 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 fiscal year ended April 27, 2003 and Form
10-Q for the quarter ended October 26, 2003. Contacts: Allan B.
Solomon, Executive Vice President-561.995.6660 Rex Yeisley, Chief
Financial Officer-228.396.7052 Lori Hutzler, Director of Corporate
Communications-228.396.7031 Web site: 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 Rex Yeisley, Chief Financial Officer,
+1-228-396-7052, or Lori Hutzler, Director of Corporate
Communications, +1-228-396-7031, all of Isle of Capri Casinos Web
site: http://www.theislecorp.com/
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