Isle of Capri Casinos, Inc. Third Quarter Fiscal 2007 Results

Isle of Capri Casinos, Inc. today provided additional comments and information on its financial results for the third fiscal quarter ended January 28, 2007, which were reported in its Form 10-Q filing on April 18, 2007.

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Fri, May 4th, 2007

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Casino gambling facts:

  • Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
  • Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
  • 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
    1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam.
  • In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.