Caruthersville casino may get new operator
| 20 March 2007 |    |
Isle of Capri Casinos Inc. said Monday it has agreed to buy Casino Aztar in southeast Missouri for about $45 million from an affiliate of Kentucky-based Columbia Sussex Corp.The deal still needs to be approved, but the development could be welcome news for the Missouri Bootheel town of Caruthersville, which was hard hit by a tornado last spring and where the casino employs about 300 people.
St. Louis-based Isle of Capri does not anticipate any layoffs in Caruthersville, said spokeswoman Jill Haynes.
The Missouri Gaming Commission voted in November to take over Casino Aztar until a new owner could be found, a decision criticized by Attorney General Jay Nixon because he believed it conflicted with the commission's regulatory duties.
Article By: News-Leader.com
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