Isle of Capri Casinos, Inc. President to Deliver Commencement Address At University of Houston's Conrad N. Hilton College Graduation

BILOXI, Miss., May 8 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc. (NASDAQ:ISLE) president and chief operating officer, John M. Gallaway, is scheduled to give the commencement address to the spring 2003 graduating class of the University of Houston's Conrad N. Hilton College of Hotel and Restaurant Management.

The ceremony will take place on Friday, May 9 at 2 p.m. CDT in the Conrad Hilton Ballroom.

Gallaway, who is a former professor at the university, was responsible for developing and directing the Gaming Education and Research Institute at the Conrad N. Hilton College of Hotel and Restaurant Management.

Isle of Capri Casinos, Inc. owns and operates 15 riverboat, dockside and land-based casinos at 14 locations, including Biloxi, Vicksburg, Lula and Natchez, Mississippi; Bossier City and Lake Charles (two riverboats), Louisiana; Black Hawk (two land-based casinos) and Cripple Creek, Colorado; Bettendorf, Davenport and Marquette, Iowa; and Kansas City and Boonville, Missouri. The company also operates Pompano Park Harness Racing Track in Pompano Beach, Florida.

This press release may be deemed to contain forward-looking statements, which are subject to change. These forward-looking statements may be significantly impacted, either positively or negatively by various factors, including without limitation, licensing, and other regulatory approvals, financing sources, development and construction activities, costs and delays, weather, permits, competition and business conditions in the gaming industry. The forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein.

Additional information concerning potential factors that could affect the Company's financial condition, results of operations and expansion projects, is included in the filings of the Company with the Securities and Exchange Commission, including, but not limited to, its Form 10-K for the fiscal year ended April 28, 2002 and on form 10-Q for the quarter ended January 26, 2003.

Source: Isle of Capri Casinos, Inc.