Flooding

12 Months Ended

Apr. 29, 2012

Flooding

Flooding

4. Flooding

        Flooding along the Mississippi River caused five of our properties to close for portions of fiscal 2012. A summary of the closure dates and subsequent reopening is as follows:

	Closing Date	Reopening Date	Number Days Closed
Davenport, Iowa	April 15, 2011	May 1, 2011		15	(A)
Caruthersville, Missouri	May 1, 2011	May 13, 2011		12
Lula, Mississippi	May 3, 2011	June 3, 2011		31
		September 2, 2011		91	(B)
Natchez, Mississippi	May 7, 2011	June 17, 2011		41
Vicksburg, Mississippi	May 11, 2011	May 27, 2011		16

(A)

Six days of closure in the first quarter of fiscal 2012 and nine days of closure in the fourth quarter of fiscal 2011.

(B)

The second casino barge reopened on September 2, 2011 after flood damage was remediated.

        During fiscal 2012 we settled all of our insurance claims with our insurance carrier and recognized $9,637 of revenue, included in insurance recoveries in the consolidated statement of operations, as reimbursement under our business interruption insurance policies. At April 29, 2012, we have an insurance receivable of $7,497.