In 1991, Andrew Tompkins, founder of the Lady Luck Hotel & Casino in downtown Las Vegas, wanted to expand locally, but found property in Las Vegas and Laughlin too expensive. History Company founding and first casinos (1991-1993) It was acquired by Isle of Capri Casinos in 2000. was a gaming company based in Las Vegas, Nevada, that developed and operated casinos in the Midwestern and Southern United States.