Lady Luck Casino Caruthersville
Encyclopedia
Lady Luck Casino Caruthersville is a 21000 sq ft (1,951 m²) riverboat casino
located in Caruthersville
, Missouri
that is owned and operated by Isle of Capri Casinos. The riverboat is named City of Caruthersville and is located by a 37 acre (15 ha) site that also contains an enclosed pavilion that is used to host various events.
In 2005, the casino generated $28 million in revenue and $7 million in profits.
, the previous owner, was bought out by Columbia Sussex
on January 3, 2007. Columbia Sussex, unable to obtain a casino license in the state, immediately put the property up for sale and threatened to close it down in order to preserve the takeover deal with Aztar.
On March 19, 2007 Isle of Capri purchased the casino from Columbia Sussex for about $45 million. Casino Aztar Caruthersville was re-branded Lady Luck Casino Caruthersville on June 10, 2008.
Isle of Capri Casinos, Inc. currently operates 18 casino properties in six states across the U.S., as well as international properties in the Caribbean and England. Isle of Capri properties serve nearly 2 million visitors each year.
Riverboat casino
A riverboat casino is a type of casino found in several areas of the United States which use a riverboat as a casino. Several states authorized this type of casino to limit the areas where casinos could be constructed under a type of legal fiction.-History:...
located in Caruthersville
Caruthersville, Missouri
Caruthersville is the most populous city and county seat of Pemiscot County, located along the Mississippi River in the bootheel of southeastern Missouri in the United States. The population was 6,760 at the 2000 census.-History:...
, Missouri
Missouri
Missouri is a US state located in the Midwestern United States, bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas and Nebraska. With a 2010 population of 5,988,927, Missouri is the 18th most populous state in the nation and the fifth most populous in the Midwest. It...
that is owned and operated by Isle of Capri Casinos. The riverboat is named City of Caruthersville and is located by a 37 acre (15 ha) site that also contains an enclosed pavilion that is used to host various events.
In 2005, the casino generated $28 million in revenue and $7 million in profits.
History
Aztar CorporationAztar
Aztar Corporation is a hospitality company that focused on resort hotels and casinos. In 2005, the company had revenues of more than $915 million and earnings before interest and taxes of $212 million. During 2006 the company became the subject of a bidding war for ownership, with Columbia Sussex...
, the previous owner, was bought out by Columbia Sussex
Columbia Sussex
Columbia Sussex is a private hospitality company based in Crestview Hills, Kentucky. The company, owned by the Yung family, owns and operates hotels in various parts of the United States. , the company operated 73 hotels under 13 different brands. The current president is William J...
on January 3, 2007. Columbia Sussex, unable to obtain a casino license in the state, immediately put the property up for sale and threatened to close it down in order to preserve the takeover deal with Aztar.
On March 19, 2007 Isle of Capri purchased the casino from Columbia Sussex for about $45 million. Casino Aztar Caruthersville was re-branded Lady Luck Casino Caruthersville on June 10, 2008.
Isle of Capri Casinos, Inc. currently operates 18 casino properties in six states across the U.S., as well as international properties in the Caribbean and England. Isle of Capri properties serve nearly 2 million visitors each year.