Comments (0) | Add a comment
Isle of Capri Casinos shuffles executive ranks
Tools
LAS VEGAS REVIEW-JOURNAL
Regional gaming operator Isle of Capri Casinos promoted company President Virginia McDowell to chief executive officer while current CEO James Perry will transition into the role of executive chairman.
The St. Louis-based company said Tuesday the moves would take place by the end of the year. Isle of Capri also expects to hire a new chief operating officer during the transition period.
Isle of Capri operates 15 casinos, primarily in the Midwest and south, and was licensed last year in Nevada. Company officials have said they are seeking casino management or ownership opportunities in Las Vegas.
Analysts said investors shouldn't see much change in the company's direction because of the leadership transition.
"Isle's turnaround will remain a work in progress," Macquarie Securities gaming analyst Chad Beynon said. "During the last three years, while Virginia has been with the company, the company has successfully exited the money-losing United Kingdom operations, won new jurisdictional opportunities and positioned itself to enter more markets (Pennsylvania and Nevada) at a capital expenditure-light standpoint."
RSS
Twitter
Facebook
Comments
Terms & Conditions
The following comments are provided by readers and are the sole responsiblity of the authors. The Review-Journal does not review comments before publication nor guarantee their accuracy. By publishing a comment here you agree to abide by the comment policy. If you see a comment that violates the policy, please use the Report Abuse button.
Some comments may not display immediately due to an automatic filter. These comments will be reviewed within 24 hours. Please do not submit a comment more than once.
Note: Comments made by reporters and editors of the Las Vegas Review-Journal are presented with a yellow background.