Pompano Park Development to Move Forward

Isle of Capri Casinos, Inc. announced today that it is proceeding with the development of its slot machine facility at Pompano Park and currently anticipates that a court decision rendered today will not impact the opening of its facility now scheduled for early 2007.

The Florida District Court of Appeal First District reversed a lower court decision granting summary judgment in favor of Floridians for a Level Playing Field (FLPF), of which Isle of Capri is a member. The Court ruled that a trial is necessary to determine whether FLPF obtained the required number of signatures to place the constitutional amendment on the ballot in November 2004.

Isle believes that today's decision is contrary to existing Florida law and if a trial were to be held, that FLPF would prevail on the merits. If FLPF is ultimately unsuccessful in the litigation, the statewide vote amending the Florida constitution to permit slot machines at pari-mutuels would be invalidated.

Isle expects that FLPF will explore all available options, including a petition for rehearing, a rehearing en banc and filing a motion for c

2006-08-09