Due to recent market conditions
Isle of Capri Casinos postpones Common Stock Offering
(US).- Isle of Capri Casinos announced that, as a result of recent market conditions, it has postponed the proposed public offering of 9,000,000 shares of its common stock, which had been announced last Monday.
2010-07-01
Reading time 34 seg
(US).- Isle of Capri Casinos announced that, as a result of recent market conditions, it has postponed the proposed public offering of 9,000,000 shares of its common stock, which had been announced last Monday.
Last July 28th, Isle of Capri Casinos had announced that it has commenced an offering of 9,000,000 shares of its common stock in an underwritten public offering. The firm said that it intended to grant the underwriters of the offering an option for 30 days to purchase up to 1,350,000 additional shares of common stock to cover over-allotments, if any.
The company intended to use a portion of the net proceeds from the offering to temporarily repay borrowings outstanding under the revolving line of credit, of which us$ 80 million was incurred to fund the purchase of the Rainbow Casino in Vicksburg, Mississippi, and to use the remaining proceeds for general corporate purposes.
Leave your comment
RELATED NEWS
As Russia weighs online gambling
Putin approves creation of Russia's sixth gambling zone in the Altai region
Project includes gaming, hospitality facilities
Wilton Rancheria breaks ground on Sky River hotel resort development
Representing a 3.5% monthly increase
AGEM Index rises 51.64 points in April despite annual decline
COMPANIES
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Net revenue rises 1.9% to $507.3 million
Red Rock Resorts posts record quarterly revenue, flags construction impact
NYCE Marketplace
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Partnership expansion
Racing and Sports partners with Altenar to enhance global racing offering
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
European circuit expands
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
Covers product, slots, and branding
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
