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Isle of Capri selling casino-hotel for about $45M


CBSNews.com,  Monday, March 05, 2012 at 2:12:59 PM

Isle of Capri Casinos Inc. is selling its Biloxi casino-hotel to Golden Nugget Biloxi Inc. for approximately $45 million.

The transaction for the Isle Casino Hotel is subject to regulatory approval and other customary closing conditions, Isle of Capri said on Monday.

Golden Nugget Biloxi is a subsidiary of Landry's Inc., which is owned by billionaire Tilman Fertitta.


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