Isle of Capri rebranding Rainbow Casino as Lady Luck

VICKSBURG — The Rainbow Casino in Vicksburg will take on the name Lady Luck Casino next year.

The Vicksburg Post reports the information was contained in the quarterly financial report by Isles of Capri Casinos Inc. It will be the fifth Lady Luck facility for the St. Louis-based gaming and entertainment company.

The change will take effect by the end of October 2013.

Completion of the $5 million list of renovations under way and upgraded amenities will coincide with the end of the second quarter of Isle of Capri’s fiscal year, the report said.

The name change will bring Otis and Henry’s restaurant and a Lone Wolf bar, both found in Isle’s 15 self-branded and Lady Luck casinos in six states.

Isle purchased Rainbow in 2010 from Bally Technologies for $80 million.

No gaming-related details are listed in the report. Rainbow employs 284 people, according to data supplied to the Mississippi Gaming Commission.

Isle opened what is now DiamondJacks in 1993 and was Vicksburg’s first casino. Rainbow opened in 1994.

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2 Responses to “Isle of Capri rebranding Rainbow Casino as Lady Luck”

  1. Casino News: Investing the Hard Way – Cannibalization in the US Market Says:

    [...] the continued success of Penn’s Hollywood Casino. Isle is in fact re-branding many of its casinos under the name “Lady Luck,” but such re-branding is a multi-year process. Casinos like Isle of Capri, with massive debt and [...]

  2. Investing the Hard Way: Cannibalization in the US Market | Bookmakers rating authority Says:

    [...] the continued success of Penn’s Hollywood Casino. Isle is in fact re-branding many of its casinos under the name “Lady Luck,” but such re-branding is a multi-year process. Casinos like Isle of Capri, with massive debt and [...]

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