Isle of Capri

Isle of Capri Casinos reports $2.6 million loss in third quarter

March 9, 2011 by editor

The Isle of Capri Casinos, Inc. -- owner of the Bettendorf and Davenport gambling "boats" -- lost $2.6 million, 8 cents per share, in the third quarter ended January 23.

The loss came despite an increase in revenues for the 3-month period from $227 million in the third quarter of 2010 to $232 million for the third quarter of 2011. The revenue increase was more than offset by higher interest costs totaling more than $21.5 million during the quarter.

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