| Business Summary | | Monarch
Casino
&
Resort,
Inc.,
through
its
wholly
owned
subsidiary,
Golden
Road
Motor
Inn,
Inc.,
owns
and
operates
the
tropically-themed
Atlantis
Casino
Resort,
a
hotel/casino
facility
in
Reno,
Nevada
(the
Atlantis).
The
Atlantis
now
features
approximately
51,000
square
feet
of
casino
space
interspersed
with
waterfalls
and
water
features,
giant
artificial
palm
trees,
thatched-roof
huts,
and
other
tropical
features;
a
hotel
and
a
motor
lodge;
nine
food
outlets;
a
nightclub;
an
enclosed
pool
with
waterfall
features
in
addition
to
an
outdoor
pool;
health
club;
retail
outlets
featuring
traditional
"gift
shop"
merchandise
as
well
as
clothing
and
other
merchandise
and
a
gift
shop
featuring
items
with
the
Atlantis
logo;
an
8,000
square-foot
family
entertainment
center;
and
approximately
25,000
square
feet
of
banquet,
convention
and
meeting
room
space. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Monarch
Casino
and
Resort,
through
its
wholly
owned
subsidiary
Golden
Road
Motor
Inn,
owns
and
operates
the
tropically-themed
Atlantis
Casino
Resort
in
Reno,
NV.
For
the
six
months
ended
6/30/01,
net
revenues
increased
8%
to
$51.5
million.
Net
income
totaled
$2
million,
up
from
$923
thousand.
Revenues
reflect
increased
growth
in
Atlantis'
market
share,
and
increased
gaming
revenues.
Net
income
also
benefitted
from
greater
operating
margins
and
lower
depreciation
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Farahi, 53 Co-Chairman,
CEO and Chief Operating Officer | $227K | Bob Farahi, 50 Co-Chairman
and Pres | 195K | Ben Farahi, 48 Co-Chairman,
CFO, Sec. and Treasurer | 181K | Richard Cooley, 54 VP
of Admin. of Golden Road | 152K | Darlyne Sullivan, 46 VP
of Sales and Marketing and Assistant Gen. Mang. of Golden Road | 150K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|