Analysts predict revenue of $1.01 billion, according to FactSet.

The company also faces potentially higher taxes on gambling in some of the states in which it operates, including Iowa and Florida. Isle of Capri has been able to persuade lawmakers that a tax hike will not help these states attract new business.

Within the next nine months, McDowell will transition into the role of chief executive officer while current CEO James B. Perry assumes the role executive chairman. McDowell said on the conference call that the company has begun its search for a chief financial officer to succeed her.

The company's stock rose 10 cents to $9.34 during Monday afternoon trading.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

If you liked this article you might like

Choppy Afternoon Leaves Stocks Mixed as Fed Meeting Looms

Stocks Fluctuate as Nerves Peak Ahead of Fed Meeting, Oil Rises

Midday Report: Sarepta Soars on FDA Approval; U.S. Stocks Climb on Oil Rally

Stocks Climb as Oil Extends Gains on Hopes for OPEC Deal

Isle of Capri Casinos (ISLE) Stock Spikes, Eldorado Resorts Acquires for $1.7 Billion