Isle of Capri Casinos initiated with “sell”

NEW YORK, December 5 (newratings.com) - Analyst Ryan L Worst of Brean Murray initiates coverage of Isle of Capri Casinos Inc ( ISLE.NAS ) with a “sell” rating. The target price is set to $23.

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Mon, December 5th, 2005

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Gambling history facts:

  • The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
  • A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
  • The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.
  • The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.