BILOXI, Miss., Aug. 17 /PRNewswire/ -- Casino America, Inc.
(Nasdaq: CSNO) announced that "Top Out" events were held at the Isle of Capri
- Vicksburg on August 5 and the Isle of Capri - Black Hawk on August 13.
The Isle of Capri Casino in Vicksburg, Mississippi celebrated the
structural completion of the top level of its six story, 120-room hotel with
an "Isle Style" party for loyal customers, local officials and project
managers. The hotel is scheduled to open in early December. It will feature a
top floor super-suite, and each of the rooms facing the Mississippi River will
be suites with balconies. Also included in the project is a two-story lounge
and swimming pool with spa.
"Casino America is again expanding one of its casino properties,
positioning it to become a destination resort for its guests, who have come to
expect and enjoy these amenities along with the tropical, Caribbean-themed
atmosphere," said John M. Gallaway, President and Chief Operating Officer of
Construction progress was also celebrated with a Caribbean-style barbecue
party at the Isle of Capri Casino in Black Hawk, Colorado, which will be
completed in early 1999. This new land-based casino, a joint venture with
Nevada Gold & Casinos, Inc., will offer guests 1,100 slots and 24 gaming
tables with four levels of parking and 1,100 covered spaces connected to the
building. The Isle of Capri Casino will have the premier location in Black
Hawk, just 45 minutes from Denver.
"The Isle of Capri - Black Hawk will set the new standard for gaming in
Colorado," stated Bernard Goldstein, Chairman of the Board and Chief Executive
Officer. "This project is also an important step forward for Casino America,
allowing us to introduce our unique product and philosophy to another gaming
market," he added.
Casino America, Inc. owns and operates five riverboat and dockside casinos
at four locations, including the Isle of Capri Casino, Crowne Plaza Resort in
Biloxi, Mississippi; the Isle of Capri Casino in Vicksburg, Mississippi; the
Isle of Capri Casino & Hotel in Bossier City, Louisiana, and two riverboats
operating as the Isle of Capri Casino in Lake Charles, Louisiana. The Company
also operates Pompano Park Harness Racing Track in Pompano Beach, Florida and
through a joint venture, the Enchanted Capri cruise ship sailing from New
Orleans, Louisiana. Additionally, the Company, through its majority-owned
subsidiary, Isle of Capri Black Hawk L.L.C., is currently developing its first
land-based casino in Black Hawk, Colorado that is expected to open in early
This press release contains forward-looking statements which are subject
to change. These forward-looking statements may be significantly impacted,
either positively or negatively, by various factors, including without
limitation, regulatory approvals, permits, construction risks and competition.
Additional information concerning potential factors that could affect the
Company's financial results is included in, but not limited to, its Form 10-Ks
that have been filed with the Securities and Exchange Commission.
SOURCE Casino America, Inc.
CONTACT: Allan B. Solomon, Executive Vice President, 561-995-6660; or Rex Yeisley, Chief Financial Officer, 228-436-7052, both of Casino America, Inc.
Web site: http: //www.casinoamerica.com