Isle of Capri Casinos Closes Natchez Land

Isle of Capri Casinos Closes Natchez Land

Betting driver Isle of Capri gambling enterprises announced that it will close its casino down in Natchez, Mississippi. The house or property is known to be one of the earliest betting locations within the condition’s borders.

Isle of Capri was running the casino since 2000. It includes possibly 520 slot machine games and 6 dining table games. Virginia McDowell, ceo and chairman of the video gaming providers based in St. Louis, Missouri, stated in a Tuesday declaration that they’re exceptionally satisfied using what they’ve accomplished over the past 15 ages and are generally happy with their Natchez downline because of their dedication and devotion.

Ms. McDowell furthermore noted that her providers will actually sell the Natchez-based lodge and some non-gaming property to Casino Holding financial couples for the number of $11.5 million. The exchange is likely is completed in 2015, provided that all closing conditions are fulfilled by that time october. The Isle of Capri land will getting completely working before this.

Isle of Capri said that the Natchez casino generated annual income of $23 million for all the financial 2015. According to a picture uploaded by the agent in Summer, the income has become decreasing ever since the orifice of Magnolia Bluffs Casino. Overall, the ongoing company submitted a 5% increase with its revenue for 2015.

Opponent Magnolia Bluffs Casino unsealed doorways in 2012. The casino is mostly about the exact same size as the Isle of Capri one, however it does not have a resort.