The firm paid Bally Technologies us$ 80 million in an all-cash transaction

Isle of Capri Casinos completes acquisition of Rainbow Casino

2010-06-10
Reading time 32 seg

"This transaction expands our presence in Mississippi and returns Isle to the Vicksburg market," said James B. Perry, chairman and CEO of Isle of Capri Casinos, Inc. "At some point in the future, we will re-brand the property as a Lady Luck Casino, returning the Lady Luck brand to the state as well. We welcome both Rainbow employees and guests and look forward to continued success."

Isle of Capri Casinos founded in 1992, is dedicated to providing its customers with an exceptional gaming and entertainment experience at each of its 15 casino properties. The Company owns and operates casinos domestically in Biloxi, Lula, Natchez and Vicksburg, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and Kansas City, Missouri; two casinos in Black Hawk, Colorado; and a casino and harness track in Pompano Beach, Florida.

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