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Isle of Capri Casinos, Inc. Names Donn Mitchell Senior Vice President of United Kingdom Operations

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2007-11-01 05:50:32     
Isle of Capri Casinos, Inc.

Isle of Capri Casinos, Inc. (Nasdaq: ISLE) officials announced today that Donn Mitchell has been named senior vice president of United Kingdom operations, pending regulatory approval. Mr. Mitchell currently serves as the Company's senior vice president, chief financial officer and treasurer, and will remain in this position until his successor is named.

Mr. Mitchell joined Isle of Capri Casinos, Inc. in 1996 as Director of Financial Analysis, and served in a variety of other financial positions with the Company. He was promoted to his current role in 2005, at which time he was instrumental in the relocation of the corporate office from Biloxi, Miss. to St. Louis, Mo. Mr. Mitchell recently led Isle of Capri Casinos through a refinancing resulting in the company entering into a new $1.35 billion senior secured credit facility.

Prior to joining the Company, Mr. Mitchell served as audit manager for Arthur Anderson LLP in New Orleans, La. He holds a bachelor's degree in business administration from the University of Southern Mississippi and is a certified public accountant. In 2002, Mr. Mitchell was recognized by the Biloxi Sun Herald as one of coastal Mississippi's Top Ten Under Forty business leaders.

Virginia McDowell, president and chief operating officer of Isle of Capri Casinos, Inc. said, "Donn will be charged with maximizing the potential of our gaming operations in the United Kingdom, and his history with the company and financial background will serve as a valuable skill set as he moves into this important operational role leading our UK team. As we continue to define our strategic opportunities, enhance our marketing programs and streamline our cost structure, Donn's familiarity with our properties and markets will be a significant asset."

Isle of Capri Casinos, Inc., founded in 1992, is dedicated to providing its customers with an exceptional gaming and entertainment experience at each of its 18 casino properties. The Company owns and operates casinos in Biloxi, Lula and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette and Waterloo, Iowa; Boonville, Caruthersville and Kansas City, Missouri and a casino and harness track in Pompano Beach, Florida. The Company also operates and has a 57 percent ownership interest in two casinos in Black Hawk, Colorado. Isle of Capri Casinos' international gaming interests include a casino that it operates in Freeport, Grand Bahama, a casino in Coventry, England, and a two-thirds ownership interest in casinos in Dudley and Wolverhampton, England.

There are four Isle of Capri Casinos brands including "the isle," Isle of Capri, Colorado Central Station and Rhythm City, providing over 16,000 slot machines, 550 table games and 3000 hotel rooms for our guests' enjoyment.

This press release may be deemed to contain forward-looking statements, which are subject to change. These forward-looking statements may be significantly impacted, either positively or negatively by various factors, including without limitation, licensing, and other regulatory approvals, financing sources, development and construction activities, costs and delays, weather, permits, competition and business conditions in the gaming industry. The forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein.

CONTACTS:

Isle of Capri Casinos, Inc.,

Allan B. Solomon, Executive Vice President - 561.995.6660

Donn Mitchell, Chief Financial Officer - 314.813.9319

Jill Haynes, Director of Corporate Communication -314.813.9368

NOTE: Other Isle of Capri Casinos, Inc. press releases and a corporate profile are available at http://www.prnewswire.com. Isle of Capri Casinos, Inc.'s home page is http://www.islecorp.com.

Specialized in: Isle - Capri - Casinos
URL: http://www.islecorp.com
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