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Bettendorf casino revenue up slightly in fiscal 2016, but number of gamblers falls to 16-year low

Bettendorf's gambling casino posted a slight increase in revenue in fiscal 2016, but the number of gamblers frequenting the Isle of Capri riverboat fell to 823,000, a 16-year low.

The slight uptick in revenues and decline in casino gamblers at the local casino reflected a similar pattern statewide.

Adjusted gross revenues at the state's 19 casinos were up 1.5 percent to $1.437 billion for the fiscal year ended June 30, while admissions fell by .04 percent to 21,538,433 during the 12-month period.

Isle of Capri Casino, Inc. earnings up for 4th quarter, fiscal year; lower debt, higher profits boost stock

Isle of Capri Casinos, Inc. – operators of Bettendorf's Isle of Capri Casino – reported improved earnings Tuesday (6/14) for the fourth quarter and fiscal year despite flat revenues for the 12-months ended April 26.

After company officials finished discussing the Isle's lower debt levels and improved profit margins in a conference call with analysts, the firm's stock price jumped nearly $1 per share (6 percent) to $17.32 in early trading.

The company reported fourth quarter net revenue of $265 million compared with $269 million for the same period last year. For the 12-months ended April 24, the Isle had net revenue of $979 million compared with $977 million for fiscal 2015.

Isle of Capri Casinos, Inc. posts higher earnings despite 2.5 percent drop in overall revenues

Isle of Capri Casinos, Inc. posted higher earnings for its third quarter ended January 24 despite a 2.5 percent drop in overall revenues.

The gambling firm, owner of the Bettendorf Isle of Capri casino riverboat, reported third quarter earnings of $6.6 million, or 16 cents per share, compared with $5.4 million, or 13 cents per share, for the same period a year ago.

Lee Enterprise stock falls to new 52-week low after reporting 5 percent drop in first quarter revenues

Lee Enterprises, Inc. stock today (2/4) fell to a new 52-week low – $1.15 per share – after reporting first quarter operating revenues declined 5 percent compared with a year ago.

The company's first quarter includes the Thanksgiving and Christmas holiday season, typically the best advertising period for newspapers, and the results apparently disappointed investors. Shares of the Davenport-based media firm, owner of the Quad City Times, dropped more than 10 cents per share in heavy trading after the company announced its earnings.

Isle earns $3.1 million in first quarter; Bettendorf gambling boat battered by construction, Illinois slots

The first quarter financial results of Isle of Capri Casino, Inc. drew praise from stock analysts Wednesday (9/2), but its Bettendorf riverboat was noteworthy for just the opposite – falling revenues.

The Isle earned $3.1 million for the first quarter, or 8 cents per share, a turnaround from last year when the gambling firm lost 6 cents per share, or $2.3 million. The St. Louis-based firm also reported a significant increase in net revenues for the period, jumping nearly 5 percent to $260 million, compared to $249.5 million during the same period a year ago.

Bettendorf downtown 2.0 starting to look like old version: gas stations and convenience stores

The revised downtown Bettendorf streets aren't yet complete, but gas station/convenience store developers are already moving to re-establish their presence along the busy State and Grant Street corridors.

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.

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