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Issue
102
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August
19-25, 2002
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Volume
3
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page 1
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This Issue Gaming News The Bicycle Casino Hosts $5,000 Charity Poker Tournament Turning
Stone To Add Former TV Star Wants to Build Nevada Casino Mississippi Grand Casinos Issue Commemorative Elvis Coins
Check out our entertainment highlights & upcoming tournaments See the lucky winners Take a look at these specials from our sponsors: All Poker Casino, InterCasino, Casino tropez, PowerBet, Zodiac Casino
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Isle of Capri Plans $135 Million ExpansionBILOXI, MS Isle of Capri Casinos Inc., which owns casinos in the Southern and Midwestern United States, on August 15 said it would spend $135 million of free cash on expansion projects at three casinos. The Biloxi, Mississippi-based company Isle of Capri unveiled plans for a $79 million expansion of the Point Cadet casino, and $50 million to build a new hotel tower at its casino in Bossier City, Louisiana; and $6 million to build a 60-room inn at its Marquette, Iowa, location. The expansion includes a 400-room hotel, a 12,000-square-foot multipurpose center, a 1,000-vehicle parking garage that would be the base for another hotel expansion, a Caribbean-theme casual dining restaurant and rum bar, a pool and a spa. Construction is scheduled to begin this fall and be finished by fall 2004. The Isle had discussed the expansion for several years but legal issues over the property at Biloxi's southeastern tip kept the deal from happening. The land is owned by the city and the state College Board, and the Isle leases the property. Along with providing more money for the city and the College Board, the Isle expansion will result in several hundred jobs. Maria Rickert, a gambling analyst with Jeffries & Co. in New York, said Wall Street reacted positively to the expansion. |
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The Bicycle Casino Hosts $5,000 Charity Poker Tournament
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