|By PR Newswire||
|February 3, 2014 04:56 PM EST||
ST. LOUIS, Feb. 3, 2014 /PRNewswire/ -- Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced that today it completed the previously announced sale of its Davenport, Iowa property to Scott County Casino LLC headed by Dan Kehl.
Innovation Capital, LLC ("Innovation Capital") acted as exclusive financial advisor to Isle on this transaction.
About Isle of Capri Casinos, Inc.
Isle of Capri Casinos, Inc. is a leading regional gaming and entertainment company dedicated to providing guests with an exceptional experience at each of the 15 casino properties that it owns and/or operates, primarily under the Isle and Lady Luck brands. The Company currently owns and/or operates gaming and entertainment facilities in Mississippi, Louisiana, Iowa, Missouri, Colorado, Pennsylvania and Florida. More information is available at the Company's website, www.islecorp.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 most recently ended fiscal year.
Isle of Capri Casinos, Inc.,
Dale Black, Chief Financial Officer-314.813.9327
Jill Alexander, Senior Director, Corporate Communications-314.813.9368
SOURCE Isle of Capri Casinos, Inc.