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The name, originally Isle of Capri Bettendorf, has since been shortened to Isle Casino Bettendorf. The casino boat Bettendorf Capri was sold to American Queen Steamboat Company to be converted into an overnight passenger vessel to join their fleet of river cruise ships. [4] In 2017, Eldorado Resorts (later renamed as Caesars Entertainment ...
On February 14, 2006, Isle of Capri sold the Isle of Capri Bossier City and Isle of Capri Vicksburg to Legends Gaming for $240 million. The properties are now known as " Diamond Jack's ". The company competed for a gambling license in Pittsburgh in 2006, offering $290 million toward the construction of a new arena for the Pittsburgh Penguins as ...
The name for the facility in the development stages was the Bettendorf Events Center. A ground breaking ceremony for the center was held on October 6, 2006. [2] Construction was delayed in late 2006 because the project was $2 million over budget and the Isle of Capri, who was to operate the facility for the city, was completing a marketing ...
Margins matter. The more Isle of Capri Casinos (NAS: ISLE) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
The merger was completed in March 2000, with Isle of Capri paying $59 million for Lady Luck's common stock, $22 million to redeem preferred stock, and $177 million in assumed debt. [ 68 ] [ 69 ] On the same day, Isle of Capri closed on purchases of the other half of the Bettendorf property from Goldstein's family for $62 million, [ 70 ] and the ...
The first modern-day riverboat casinos in the United States were launched in Bettendorf on April 1, 1991 by local businessman Bernard Goldstein. He went on to found the Isle of Capri Casinos. Goldstein and his family members also operate Alter Companies, which is a scrap metal, barge and towboat company operating on the river waterfront. [5]