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Isle of Capri Gambling Enterprises Closes Natchez Home

Betting agent Isle of Capri gambling enterprises launched that it'll close lower the casino in Natchez, Mississippi. The property is known to be among the gambling venues that are oldest inside the state's edges.

Isle of Capri happens to be run the casino since 2000. It has as much as 520 slot machine games and 6 desk games. Virginia McDowell, Chief Executive Officer and President of this video gaming company situated in St. Louis, Missouri, stated within a Tuesday statement 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 also noted that her providers will actually sell the hotel that is natchez-based and non-gaming property to Casino carrying financial associates for any level of $11.5 million. The purchase could be are finished in October 2015, provided that all completion problems is fulfilled by the period. The Isle of Capri residential property will become totally operational before this.

Isle of Capri asserted that the Natchez casino produced annual earnings of $23 million when it comes to financial 2015. Based on a picture posted by the driver in June, the income has-been decreasing considering that the starting of Magnolia Bluffs Casino. Overall, the company uploaded a 5% build with its sales for 2015.

Competitor Magnolia Bluffs Casino started gates in 2012. The casino is mostly about the exact same dimensions as the Isle of Capri one, however it does perhaps not include a lodge.