ST. LOUIS, June 30 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. has opened its latest casino, the isle casino & hotel at waterloo, bringing the Company's newest brand to Iowa.

"It is exciting to see "the isle" brand move to Waterloo where guests can enjoy the hottest casino action with the latest and greatest slot machines and action-packed table games, a luxurious night's sleep and the best restaurants," said Bernard Goldstein, chairman and chief executive officer. "Our customers are looking for a total entertainment experience and the isle casino & hotel at waterloo will not only meet their expectations, but exceed their wildest dreams."

"the isle casino & hotel at waterloo" opened at 7:00 pm following a celebration with local dignitaries. The property features over 1,100 slot machines, 35 table games and three restaurants including the signature tropical-themed buffet, Tradewinds Marketplace and the Company-branded Farraddays' steakhouse (scheduled to open later this summer), as well as a 194-room hotel and 5,000 square feet of convention space. Later this year a nightclub, spa and pool will be added.

"the isle" brand will expand again later this summer when the Company opens its casino in Coventry, England.

Isle of Capri Casinos, Inc., founded in 1992, is dedicated to providing its customers with an exceptional gaming and entertainment experience at each of its 18 casino properties. The Company owns and operates casinos in Biloxi, Lula and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and Kansas City, Missouri and a casino and harness track in Pompano Beach, Florida. The Company also operates and has a 57 percent ownership interest in two casinos in Black Hawk, Colorado. Isle of Capri Casinos' international gaming interests include a casino that it operates in Freeport, Grand Bahama, a casino under development in Coventry, England, and a two-thirds ownership interest in casinos in Dudley and Wolverhampton, England.

There are four Isle of Capri Casinos brands including "the isle," Isle of Capri, Colorado Central Station and Rhythm City, providing over 16,000 slot machines, 550 table games and 3000 hotel rooms for our guests' enjoyment.

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.

CONTACTS: Isle of Capri Casinos, Inc., Allan B. Solomon, Executive Vice President - 561.995.6660 Donn Mitchell, Chief Financial Officer - 314.813.9319 Jill Haynes, Director of Corporate Communication - 314.813.9368

NOTE: Other Isle of Capri Casinos, Inc. press releases and a corporate profile are available at http://www.prnewswire.com/ . Isle of Capri Casinos, Inc.'s home page is http://www.islecorp.com/ .

CONTACT: Allan B. Solomon, Executive Vice President, +1-561-995-6660, or
Donn Mitchell, Chief Financial Officer, +1-314-813-9319, or Jill Haynes,
Director of Corporate Communication, +1-314-813-9368, all of Isle of Capri
Casinos, Inc.

Web site: http://www.islecorp.com/