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Isle of Capri Bought by Eldorado Resorts

NEWS

Isle of Capri Casino have been purchased by Eldorado Resorts for $1.7 billion. There are currently 4 Isle of Capri Casinos in Missouri, including the Cape Girardeau location. All will remain open and operating.

The transaction still needs to be approved by gaming regulators. The approval will be pending until 2017.

Eldorado shareholders would own 62 percent of the combined company while Isle of Capri shareholders would hold 38 percent.

Aside from the new ownership officials speculate that very little else will change during the acquisition or after the finalization of the merger.