Thursday, December 3, 2009

Isle of Capri Casino's loss expands 28% to $1.369m

ISLE of Capri signed off on its troubled management of Our Lucaya's casino with a 5.4 per cent year-over-year increase in its second quarter loss to $968,000, upon an almost-32 per cent fall in revenues to $1.418 million.

Revealing the losses sustained by Isle-Our Lucaya in the run-up to the end of its extended lease, the US gaming company said revenues for the three months to October 25, 2009, had fallen by almost one-third from the $2.072 million generated in the comparable period in 20o8.

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