Bettendorf Isle of Capri Casino

Isle sells Marquette casino to employee-owned gambling firm, CQ Holdings, Inc. for $40 million

Isle of Capri Casinos, Inc. said today (10/13) it has agreed to sell its Marquette, Iowa casino to CQ Holdings, Inc. for $40 million, less an adjustment for working capital.

The deal with CQ Holdings' affiliate Casino Queen is specifically permitted under the agreement announced September 19 in which the Isle agreed to be acquired by Eldorado Resorts, of Reno, Nevada, in a $1.7 billion transaction, according to the company's news release.

Isle 2nd quarter earnings up; weak revenues lead to stock sell-off and 19 per cent drop in stock price

Isle of Capri Casino, Inc. officials reported second quarter earnings of $11.45 million (28 cents per share) Wednesday (12/2), but its stock got hammered as investors apparently were concerned with weak casino revenues, particularly at the company's St. Charles, Louisiana operation.

The Isle's stock lost more than 19 percent of its value, more than $3.70 per share, in morning trading after the company reported its second quarter numbers. The stock had more than doubled in value since the first of the year, from $8.45 per share January 1 to $21.43 per share November 5.

Isle of Capri to close its Natchez casino and sell adjacent hotel, other assets to competing casino

Isle of Capri Casinos, Inc. plans to close its Natchez, Mississippi casino in October and sell the company's nearby hotel to the competing casino there.

Isle of Capri seeking to slash Bettendorf property tax bill in half; city to hire appraiser to oppose reduction

The Isle of Capri Bettendorf casino is seeking to slash its property tax assessment in half – to $44 million from its current $85 million – prompting the city to hire a casino real estate appraiser to oppose the reduction.

Isle finishes fiscal year with strong quarter; but revenues fall 4.4% at Bettendorf gambling boat

Isle of Capri Casinos, Inc. finished its fiscal year ended April 26 with net revenues up more than 4 percent to $996 million and earnings of $5.2 million, or 13 cents per share, for the 12-month period.

Higher gambling revenues boost Isle stock price; company seeking buyer for Pennsylvania casino

Isle of Capri Casinos, Inc. Wednesday (2/25) reported earnings of $5.4 million (13 cents per share) for the third quarter ended Jan. 25 with nearly all of its 15 gaming venues showing gains in net revenue, including increases at all three of its Iowa properties.

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