According to reports released from the Missouri Gaming Commission on Friday, the only Kansas City area casino to post an increase in profits last month was Isle of Capri Casinos.
Isle of Capri (ISLE) in the News
Isle of Capri Casinos, Inc. was created in St. Louis, Missouri. The company was founded in 1990, and was created for the purpose of development, ownership, and operation of entertainment, lodging, and gaming, facilities in the US and Internationally. The Isle of Capri owns a harness track in Florida that has recently added poker and slot machines to their offerings. They also have casinos in Black Hawk, Colorado, Biloxi, Mississippi, Waterloo, Iowa, and Lake Charles, Louisiana. Outside the US, Isle of Capri has a presence in the Bahamas and the UK. Mr. James B. Perry is the Executive Vice Chairman and Chief Executive Officer.
Latest Isle of Capri Company Stock News
Following the City Councils lead, the “Old Town Cape” downtown development organization announced on Friday that they would also back Isle of Capri Casinos in their attempt to win a Missouri gaming license in Cape Girardeau.
Isle of Capri Casinos is on its way to possibly winning Missouri’s last gaming license and while they will have competition they are the only application for a gambling operation in Cape Girardeau.
Isle of Capri Casinos may be returning to Las Vegas, President Virginia McDowell told the Nevada Gaming Control Board this week.
Isle of Capri Casinos has reported quarterly results for its first fiscal year 2011 falling below analysts’ expectations and sending shares down over 14%.
Isle of Capri Casinos annual stockholders meeting will not include a vote to re-elect long time board member John Brackenbury.
Last night’s closed door session did not take long with Cape Girardeau City Council members voting to endorse a proposed casino from Isle of Capri Casinos.
Isle of Capri Casinos will find out this week if they have won the support of the Cape Girardeau City Council in their attempt to bring a casino to the area.
Isle of Capri Casinos may not be the highest priced stock in the gaming industry, but analyst Dennis Forst with KeyBanc Capital Markets thinks that’s a positive thing as the regional gambling market is expected to pick up.
The city of Davenport Iowa maybe close to reaching an agreement that would mean shutting down Isle of Capri Casinos.
While Iowa’s annual casino revenue fell for the first time in 17 years, admissions and revenue at Isle of Capri Casinos in Bettendorf fell to 10 year lows.
Isle of Capri Casinos meet with Cape Girardeau City Council members this week to make their pitch to gain support for the remaining Missouri casino license that is expected to be granted later this fall.
Following the announcement that Isle of Capri Casinos would be delaying the planned sale of up to 9 million shares of the company, Moody’s Investors Service said that they would likely downgrade the casino operator’s junk level ratings.
Recent market conditions have been cited as the reason why Isle of Capri Casinos has delayed the planned sale of up to 9 million shares of the company stock.
Isle of Capri Casinos Inc. announced an official offering to sell up to 9 million common shares to raise funds needed to repay some of its debt.
Isle of Capri Casinos Inc has begun polling voters in Scott, Black Hawk and Clayton counties in order to develop a campaign strategy to secure votes at the polls.
The pending acquisition that would allow Isle of Capri Casinos to expand their presence in Mississippi and return to the Vicksburg market has been finalized.
Although Isle of Capri Casino reported that revenue was down to a third of what it was last year, they still beat analysts’ expectations.
Isle of Capri Casinos is less than one month away from closing a deal that would buy Bally Technologies out of the casino management business.
Isle of Capri Casinos was among yesterdays top performing stocks in the casino and gaming industry.