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Court Hearing on Illinois Casino Planned

CHICAGO, Illinois – As reported by Reuters: "A U.S. Bankruptcy Court on Thursday set a May 17 confirmation hearing date for a plan that would allow Isle of Capri Casinos Inc. (NasdaqNM:ISLE) to build a Chicago-area gambling hall and take over the license from bankrupt Emerald Casino Inc., an attorney for Emerald said.

"If the court agrees to the plan, Isle of Capri still must pass a suitability investigation by the Illinois Gaming Board before obtaining the license, according to Joe Schorer, the attorney…"

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