Isle of Capri Gambling Enterprises Closes Natchez Land

Betting user Isle of Capri gambling enterprises revealed that it will close its casino down in Natchez, Mississippi. The house or property is proven to be among the oldest playing spots around the county’s borders.

Isle of Capri has become running the casino since 2000. It features up to 520 slot machines and 6 desk games. Virginia McDowell, ceo and chairman of the video gaming business situated in St. Louis, Missouri, mentioned within a Tuesday declaration they are excessively proud in what they’ve got carried out during the last 15 ages and are also happy with their Natchez team members because casinoland jackpot of their time and energy and commitment.

Ms. McDowell furthermore noted that their business will actually sell their hotel that is natchez-based and non-gaming assets to Casino Holding investments couples for your amount of $11.5 million. The transaction could be becoming completed in 2015, provided that all closing conditions are fulfilled by that time october. The Isle of Capri house will feel fully functional before this.

Isle of Capri said that its Natchez casino created revenue that is annual of23 million for your financial 2015. Based on a picture uploaded from the operator in its revenue has been declining since the opening of Magnolia Bluffs Casino june. Overall, the team submitted a 5% boost in its income for 2015.

Competitor Magnolia Bluffs Casino started doorways in 2012. The casino is all about the size that is same the Isle of Capri one, although it does maybe not have a hotel. Read more