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Isle of Capri Casinos Shuts Natchez Residential Property

Isle of Capri Casinos Shuts Natchez Residential Property

Betting agent Isle of Capri Casinos announced that it will close down its casino in Natchez, Mississippi. The house is proven to be among the gambling venues that are oldest inside the county’s boundaries.

Isle of Capri happens to be operating the casino since 2000. It has up to 520 slot machine games and 6 desk games. Virginia McDowell, Chief Executive Officer and chairman in the games company located in St. Louis, Missouri, stated in a Tuesday declaration they have accomplished over the past 15 years and are thankful to their Natchez team members for their hard work and dedication that they are extremely proud with what.

Ms. McDowell additionally noted that her business will sell its Natchez-based lodge and several non-gaming assets to Casino carrying financial investment lovers for your amount of $11.5 million. The transaction is likely are completed in October 2015, so long as all closure circumstances is satisfied by that time. The Isle of Capri land will become totally working until then.

Isle of Capri mentioned that their Natchez casino produced revenue that is annual of23 million for any fiscal 2015. Relating to a picture posted of the operator in its revenue has been declining since the opening of Magnolia Bluffs Casino june. Overall, the providers uploaded a 5% build within the profits for 2015

Opponent Magnolia Bluffs Casino open gates in 2012. The casino means the same proportions as the Isle of Capri one, although it does perhaps not include a lodge. Continue lendo