Press Release: Isle of Capri Casinos, Inc.
August 25, 2000
BILOXI, MS -- Isle of Capri Casinos, Inc. (Nasdaq: ISLE) announced Thursday that the Nevada Gaming Commission approved
by unanimous vote the company's acquisition of the Lady Luck Casino and Hotel in Las Vegas, ratifying the approval
of the Nevada Gaming Control Board, which was received on August 9, 2000.
A closing is anticipated in early September, pending the receipt of a license from the City of Las Vegas.
Bernard Goldstein, chairman of the board and chief executive officer noted, ``The Isle of Capri was a pioneer in
dockside gaming, opening the first such casino in the South; therefore, we are pleased to join the area where legalized
gaming had its birth. Our company continues to strengthen and grow, so Las Vegas is a natural location for us to
expand within.''
``We are honored that the Nevada gaming regulators see the Isle of Capri Casinos, Inc. as a major player, fit to
operate in the Las Vegas market. Our venture into Nevada will give us a whole new level of opportunity -- including
introducing many of our loyal players to a different experience in Isle of Capri gaming,'' said John M. Gallaway,
president and chief operating officer of the Isle of Capri Casinos, Inc.
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, permits, competition and business conditions in the gaming industry. 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 10-K for the fiscal year ended April 30, 2000.
Isle of Capri Casinos, Inc. owns and operates thirteen riverboat, dockside and land-based casinos at twelve locations,
including Biloxi, Vicksburg, Tunica, Lula, and Natchez, Mississippi; Bossier City and Lake Charles (two riverboats),
Louisiana; Black Hawk, Colorado; Bettendorf and Marquette, Iowa; Kansas City, Missouri; and Las Vegas, Nevada.
The company also operates Pompano Park Harness Racing Track in Pompano Beach, Florida and through a joint venture,
the Enchanted Capri cruise ship, that features an Isle of Capri Casino, sailing from New Orleans, Louisiana.
NOTE: Other Isle of Capri Casinos, Inc. press releases and a corporate profile are available by fax at no charge.
For a menu of available Isle of Capri Casinos, Inc. press releases, call 800.758.5804, ext. 145913 or log on to
http://www.prnewswire.com. Isle of Capri Casinos, Inc.'s home page is http://www.theislecorp.com.
SOURCE: Isle of Capri Casinos, Inc.