Home » NEWS » Gaming » Isle completes acquisition of Rainbow

Isle completes acquisition of Rainbow

VICKSBURG — Isle of Capri Casinos, Inc. has completed the previously announced acquisition of Rainbow Casino in Vicksburg from Bally Technologies Inc.

Under the terms of the agreement, Isle of Capri Casinos paid Bally Technologies $80 million in an all-cash transaction.

“This transaction expands our presence in Mississippi and returns Isle to the Vicksburg market,” said James B. Perry, chairman and CEO of Isle of Capri. “At some point in the future, we will re-brand the property as a Lady Luck Casino, returning the Lady Luck brand to the state as well. We welcome both Rainbow employees and guests and look forward to continued success.”


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Wally Northway

Leave a Reply