NATCHEZ — Isle of Capri Casinos has announced it is closing its casino in Natchez, one of the oldest gambling houses in Mississippi.
St. Louis-based Isle of Capri has owned the Natchez property, a dockside casino with 520 slot machines and six table games, since 2000.
The company says in a news release Tuesday it has agreed to sell its Natchez hotel and certain related non-gambling assets to Casino Holding Investment Partners, the parent company of Magnolia Bluffs Casino, for $11.5 million.
The transaction is expected to close in October 2015, subject to customary closing conditions.
Virginia McDowell, the Isle of Capri’s president and chief executive officer, says the casino will be fully operational until it closes.