863015--6/8/2010--ISLE_OF_CAPRI_CASINOS

related topics

{debt, indebtedness, cash}

{stock, price, operating}

{regulation, change, law}

{cost, contract, operation}

{cost, operation, labor}

{operation, natural, condition}

{financial, litigation, operation}

{capital, credit, financial}

{loss, insurance, financial}

{personnel, key, retain}

{control, financial, internal}

{condition, economic, financial}

{acquisition, growth, future}

{regulation, government, change}

{competitive, industry, competition}

We face significant competition from other gaming operations, including Native American gaming facilities, that could have a material adverse effect on our future operations. We are subject to extensive regulation from gaming and other regulatory authorities that could adversely affect us. Our business may be adversely affected by legislation prohibiting tobacco smoking. Our substantial indebtedness could adversely affect our financial health and restrict our operations. Despite our significant indebtedness, we may still be able to incur significantly more debt. This could intensify the risks described above. We may not be able to renew or extend our senior secured credit facility or enter into a new credit facility in today's difficult markets. In addition, our ability to renew or extend our senior secured credit facility or to enter into a new credit facility may be impaired further if market conditions worsen. If we are able to renew or extend our senior secured credit facility, it may be on terms substantially less favorable than the current senior secured credit facility. We may face similar risks with respect to our outstanding bonds. We may not be able to successfully expand to new locations or recover our investment in new properties which would adversely affect our operations and available resources. We may experience construction delays during our expansion or development projects that could adversely affect our operations. If our key personnel leave us, our business could be adversely affected. We are controlled by the Goldstein family and their decisions may differ from those that may be made by other stockholders. We have a history of fluctuations in our operating income (losses) from continuing operations, and we may incur additional operating losses from continuing operations in the future. Our operating results could fluctuate significantly on a periodic basis. Inclement weather and other conditions could seriously disrupt our business and have a material, adverse effect on our financial condition and results of operations. Reductions in discretionary consumer spending could have a material adverse effect on our business. The market price of our common stock may fluctuate significantly. Work stoppages, organizing drives and other labor problems could negatively impact our future profits. We are or may become involved in legal proceedings that, if adversely adjudicated or settled, could impact our financial condition. Our insurance coverage may not be adequate to cover all possible losses that our properties could suffer. In addition, our insurance costs may increase and we may not be able to obtain the same insurance coverage in the future. The concentration and evolution of the slot machine manufacturing industry could impose additional costs on us.

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863015--6/8/2010--ISLE_OF_CAPRI_CASINOS_INC