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Isle Of Capri Gets Backing For Missouri's Last Casino License

DOW JONES NEWSWIRES Isle of Capri Casinos Inc. (ISLE) said the Missouri Gaming Commission selected the regional casino operator's proposed project in Cape Girardeau for prioritization for the 13th and final gaming license within the state. Shares jumped on the news and were recently up 4.4% at $9.18. The stock is up about 23% this year. The $125 million project is expected to include 1,000 slot machines, 28 table games, three restaurants, a lounge and terrace overlooking the Mississippi River and a 750-seat event center. Isle of Capri said construction for the project in Cape Girardeau, which has about 37,000 residents, is slated to begin in early summer. The company, which operates 15 casino properties in several U.S. states, already has three other casinos within the state -- in Boonville, Caruthersville and Kansas City. Chief Development Officer Paul Keller said the new site represents "one of the largest economic development projects in the history of Cape Girardeau." In August, Isle of Capri reported it swung to a surprise fiscal first-quarter loss on falling revenue across all of its regions except Mississippi, which got a boost from its Rainbow casino acquisition. Second-quarter results are due Thursday. -By John Kell, Dow Jones Newswires; 212-416-2480;

Stock News for Isle of Capri Casinos (ISLE)
05/22/201506:01:49Notice of Effectiveness (effect)
05/21/201516:29:13Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
05/19/201516:58:21Registration Statement for Securities to Be Issued in Business...
05/14/201517:21:08Statement of Changes in Beneficial Ownership (4)
05/14/201517:14:08Statement of Changes in Beneficial Ownership (4)
05/14/201517:12:51Statement of Changes in Beneficial Ownership (4)
05/14/201517:10:40Statement of Changes in Beneficial Ownership (4)
04/14/201510:33:27Current Report Filing (8-k)
04/14/201509:22:00Isle of Capri Casinos, Inc. Announces Results for its Cash Tender...
04/07/201517:24:06Current Report Filing (8-k)
04/07/201517:05:00Isle of Capri Casinos, Inc. Prices Private Offering of $150 Million...
04/07/201509:34:30Current Report Filing (8-k)
04/07/201508:58:00Isle of Capri Casinos, Inc. Commences Cash Tender Offer for Any...
04/07/201508:57:00Isle of Capri Casinos, Inc. Commences Private Offering of $150...
04/06/201514:00:00Isle of Capri Casinos, Inc. Announces Community Aces Challenge...
03/09/201509:53:14REIT enthusiasm lifts regional casino stocks
03/09/201507:13:34Isle Of Capri To Grow On The Back Of Healthy Industry Conditions
03/06/201519:40:03Zacks' Bull Of The Day: Isle Of Capri
02/28/201511:57:08Casinos love $2 gas
02/27/201510:49:36Quarterly Report (10-q)

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