Rollin' on the river takes on new meaning when you're talking
about Isle of Capri Casinos. The company owns and operates about 15
dockside, riverboat, and land-based casinos in Colorado, Iowa,
Louisiana, Mississippi, Missouri, and Pennsylvania. In addition,
the company has a pari-mutuel harness racetrack and casino in
Pompano Beach, Florida. Most of the company's casinos have hotels
and feature restaurants, live entertainment, and private lounges
for high-rollers. Altogether, Isle of Capri's properties feature
approximately 12,000 slot machines and 300 table games (including
some 80 poker tables), as well as more than 2,200 hotel rooms and
All of the company's properties operate under one of two
distinct brands: The Isle and The Lady Luck. The Isle brand is for
properties in larger markets that have a regional draw, and offers
amenities such as hotel rooms, expanded food and beverage
offerings, and conference and convention facilities. The Lady Luck
casinos are located in smaller markets with less growth potential
and target a local customer base.
The company reported revenue of $978.6 million in fiscal 2016.
That was a decrease of $17.7 million compared to its 2015 revenue
of $996.3 million.
The company is focused on maintaining a balanced portfolio of
properties by continually evaluating the need to sell, acquire, or
Mergers and Acquisitions
During 2016 Isle of Capri Casinos agreed to be acquired by
Eldorado Resorts for $1.7 billion. When the deal closes Isle of
Capri will cease to be a publicly traded company.