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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 ...
On April 21, 1995, the Lady Luck Bettendorf began operating after being granted an excursion gaming license earlier that year. [1] It was not the first, nor the only riverboat casino at the time in the Quad Cities; Diamond Lady began operating April 1, 1991 in Bettendorf, while President sailed from Davenport, Iowa and Jumer's Casino was working out of Rock Island, Illinois.
Isle of Capri Casinos opened its first casino in Biloxi, Mississippi in August 1992, and was the first gaming establishment to trade on the NASDAQ. [ citation needed ] In 2000, Isle of Capri spent $400 million in a multi-part deal to acquire the Lady Luck chain of casinos.
In July 1994, Lady Luck announced an agreement for a joint venture to open a casino and outlet mall in Bettendorf, Iowa, in the Quad Cities, with Bettendorf Riverfront Development Co., a company owned by the family of Isle of Capri founder Bernard Goldstein. [47] [48] Lady Luck Bettendorf opened the following April. [49]
The Quad Cities Waterfront Convention Center opened by the casino and hotel in 2009. [6] It is owned by the city and operated by the Isle of Capri. The city of Bettendorf is located along the banks of the Mississippi River. Because of this the city of Bettendorf goes through a great deal of flooding and deals annually with storm water run off.
Bettendorf Capri at her home dock in Bettendorf, Iowa on August 5, 2016. After going land-based, Isle of Capri sold the boat to AQSC in 2016. [8] On October 16, 2016, Bettendorf locals gathered on the levee to give their farewell to the 21 year-old casino boat and watched her pull off the river bank to sail south to undergo her reconstruction. [9]
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Eldorado also sold Lady Luck Casino Vicksburg and Isle of Capri Casino Kansas City to Twin River Worldwide Holdings for $230 million. [31] The deals were intended to reduce Eldorado's debt level and avert potential antitrust issues in Missouri, where Eldorado and Caesars together owned 6 of the state's 13 casinos.