Isle of Capri Gambling Enterprises Shuts Natchez Land

Isle of Capri Gambling Enterprises Shuts Natchez Land

Gaming operator Isle of Capri gambling enterprises revealed that it’ll shut straight down the casino in Natchez, Mississippi. The house is proven to be one of many eldest betting sites around the state’s borders.

Isle of Capri is operating the casino since 2000. It features possibly 520 slot machine games and 6 dining table games. Virginia McDowell, ceo and chairman regarding the video gaming team located in St. Louis, Missouri, mentioned on a Tuesday declaration that they’re excessively satisfied with what they will have achieved during the last 15 ages as they are grateful with their Natchez team members with their work and determination.

Ms. McDowell furthermore noted that their providers will sell their Natchez-based resort and several non-gaming possessions to Casino Holding expense lovers for any amount of $11.5 million. The exchange could be to be finished in 2015, provided that all closing conditions are fulfilled by that time october. The Isle of Capri belongings will become fully operational before this.

Isle of Capri said that the Natchez casino produced annual revenue of $23 million for the financial 2015. In accordance with a picture uploaded of the driver in June, its sales has-been declining considering that the orifice of Magnolia Bluffs Casino. Overall, the ongoing organization posted a 5% increase in its income for 2015.

Opponent Magnolia Bluffs Casino opened gates in 2012. The casino is focused on the exact same size as the Isle of Capri one, but it does maybe not include a lodge. Read More