Isle of Capri Casinos, Inc. and Nemacolin Woodlands Resort announced that Lady Luck Casino Nemacolin will open on July 1 pending the receipt of all required regulatory approvals. The approximately $60 million Category 3 resort casino includes 600 slot machines, 28 table games, a casual dining restaurant and a lounge. Located in Fayette County, Pennsylvania, Nemacolin Woodlands is one of North America's premier resort destinations, earning a Forbes Travel Guide Four-Star rating and a AAA Four Diamond Rating. Nemacolin Woodlands has also been honored as one of Travel + Leisure magazine's 500 Best Hotels in the World. Situated on over 2,000 acres, the resort features 335 luxurious guestrooms, suites, townhouses, and private luxury homes, including the Forbes Travel Five-Star and AAA Five Diamond Falling Rock boutique hotel and clubhouse. In addition to the internationally acclaimed Woodlands Spa, the resort features the AAA Five Diamond and Forbes Travel Guide Five Star Lautrec Restaurant and offers 36 holes of golf on two championship courses.

On April 19, 2013, Isle of Capri Casinos, Inc. entered into the Fourth Amendment to Credit Agreement and Amendments to Loan Documents among the company, certain subsidiaries of the company, Wells Fargo Bank, National Association, as Administrative Agent, and the other financial institutions listed therein. The Fourth Amendment amends (i) the Credit Agreement dated as of July 26, 2007 (as amended, modified or supplemented from time to time, including by the Fourth Amendment, the Credit Agreement), (ii) the Security Agreement dated as of July 26, 2007 (as amended, modified or supplemented from time to time, including by the Fourth Amendment, the Security Agreement) among the company, certain of its subsidiaries, and Wells Fargo Bank, National Association, as Administrative Agent, for and representative of the financial institutions party to the Credit Agreement and any Hedge Providers (as defined in the Security Agreement), and (iii) the Subsidiary Guaranty dated as of July 26, 2007 among certain subsidiaries of the Company and Wells Fargo Bank, National Association, as Administrative Agent, for and representative of the financial institutions party to the Credit Agreement and any Hedge Providers. The amount of the credit facility available under the Credit Agreement is $300 million, which is secured by certain assets of the company and certain of its subsidiaries as set 4 in the Security Agreement. Such credit facility consists of a $300 million revolving credit facility, which matures on April 19, 2018.

Isle of Capri Casinos, Inc. completed the issuance and sale of $350 million in aggregate principal amount of its 5.875% Senior Notes due 2021 in a previously announced private offering. The Notes are fully and unconditionally guaranteed on an unsecured senior basis, jointly and severally, by each of the company’s domestic subsidiaries that guarantee the Company’s senior secured credit facility. The Notes were sold only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended, and to non-U.S. persons outside of the United States in compliance with Regulation S of the Securities Act. The Notes were issued pursuant to the Indenture, dated as of March 5, 2013, among the company, the guarantors named therein and U.S. Bank National Association, as trustee.