January 25, 2006

Isle of Capri Casinos Inc. announced plans last week for an $85 million expansion of its Kansas City, Mo., property that would make the casino more competitive with the city's larger casinos such as Argosy, Harrah's and Ameristar. The project will add 1,000 parking spaces, seating on the casino floor for an additional 1,000 people, a new restaurant, and a new grand entrance. Construction should begin this spring and last 12 to 15 months, according to a statement released by the company. The expansion plans do not call for a hotel.

On Jan. 23, the Hyatt Regency Lake Las Vegas Resort, Spa & Casino began a $4 million renovation to all its 493 guest rooms, which will feature Hyatt's new beds, a rollout affecting all hotels in the chain. Late last year, the resort finished improvements to its Spa Moulay, adding three treatment rooms.

Ground was broken on Jan. 23 on the Planet Hollywood Towers by Westgate, a 50-story condo hotel adjacent to the Planet Hollywood Resort & Casino, which is due to open by the end of this year. The $750 million development will have 1,200 one- to four-bedroom suites and include a 14,000-square-foot lobby, 35,000 square feet of meeting space, 16,000 square feet of dining space, a gym and a 40,000-square-foot pool area. The condo/hotel will open in 2007.