# Isle of Capri Casinos (acquired by Eldorado Resorts, Inc.)

> Isle of Capri Casinos turned riverboat-gaming know-how into a regional network of casinos, hotels, restaurants and entertainment venues aimed largely at drive-in customers outside major destination markets. Founder Bernard Goldstein opened the M/V Diamond Lady in Iowa in 1991 and the Isle of Capri in Biloxi in 1992; by fiscal 2016, the company operated 14 U.S. properties, employed about 6,600 people and generated roughly $978.6 million in net revenue. Eldorado Resorts bought Isle for $1.7 billion in 2017, using its properties and operating infrastructure to accelerate a consolidation strategy that eventually led Eldorado to take the Caesars Entertainment name in 2020.

- **Founded:** 1992
- **Headquarters:** St. Louis, United States
- **Founders:** Bernard Goldstein (Founder, Chairman and former CEO), Allan Solomon (Co-founder and former Executive Vice President)
- **Team size:** Approximately 6,600 full- and part-time employees as of April 24, 2016; the supplied 51,000 figure refers to a later successor organization, not standalone Isle of Capri.
- **Products:** Regional casino gaming, Casino hotels, Food, beverage and entertainment, Fan Club, Racing and pari-mutuel wagering
- **Notable:** Opened the first riverboat casino in the South at Biloxi, Mississippi, on August 1, 1992., Built a 14-property U.S. portfolio across seven states by fiscal 2016., Generated approximately $978.6 million in fiscal 2016 net revenue.

## Products & services

- **Regional casino gaming** — Slot machines, video lottery terminals, poker and table games at riverboat, dockside, land-based and racetrack properties.
- **Casino hotels** — Guest rooms and resort amenities attached to selected regional gaming properties, extending visits beyond the casino floor.
- **Food, beverage and entertainment** — Buffets, casual restaurants, bars, lounges, event spaces and live entertainment designed to broaden the visit.
- **Fan Club** — A unified five-tier loyalty program that awarded same-day benefits based on play and supported targeted customer marketing.
- **Racing and pari-mutuel wagering** — Harness racing and poker at Pompano Park, alongside gaming and related wagering offerings at selected properties.

## Achievements

- Opened the first riverboat casino in the South at Biloxi, Mississippi, on August 1, 1992.
- Built a 14-property U.S. portfolio across seven states by fiscal 2016.
- Generated approximately $978.6 million in fiscal 2016 net revenue.
- Completed the enterprise-wide rollout of the Fan Club loyalty program in fiscal 2015.
- Sold to Eldorado Resorts in a $1.7 billion cash-and-stock transaction completed May 1, 2017.
- Added twelve casino-resorts to Eldorado and helped create a 19-property platform spanning ten states.

## Latest updates

- **2017-05** — Eldorado Resorts completed its acquisition of Isle of Capri for $23 per share in cash or stock, subject to proration, in a transaction valued at $1.7 billion including debt.
- **2019-12** — Century Casinos completed the acquisition of operations at former Isle properties in Cape Girardeau and Caruthersville, along with Mountaineer, while VICI owned the underlying real estate.
- **2020-07** — Eldorado completed its acquisition of Caesars Entertainment Corporation and renamed itself Caesars Entertainment, placing remaining Isle assets inside the Caesars successor group.
- **2020-07** — Twin River completed its purchase of Isle of Capri Kansas City and Lady Luck Vicksburg; the Kansas City property later became Bally's Kansas City.
- **2023-09** — Bally's Kansas City opened a property expansion at the former Isle of Capri site, illustrating how the original portfolio continued under new brands and owners.

## Links

- Website: https://www.caesars.com/
- LinkedIn: http://www.linkedin.com/company/isle-of-capri-casino
- Twitter/X: https://twitter.com/eldoradogaming
- YouTube: https://www.youtube.com/@CaesarsEntertainment
- Facebook: https://facebook.com/EldoradoResortsInc/

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Last updated: 2026-08-13