Atlantis Casino Resort
| Traded as |
NASDAQ: MCRI S&P 600 Component |
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| Website | www |
| Atlantis Casino Resort Spa | |
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| Location | Reno, Nevada, U.S. |
| Address | 3800 South Virginia Street |
| Opening date | 1972 |
| Theme | Tropical |
| No. of rooms | 824 |
| Total gaming space | 64,814 square feet (6,021.4 m2) |
| Signature attractions | Light Show Torches Waterfalls |
| Notable restaurants | Atlantis Steakhouse Bistro Napa Café Alfresco Chicago Dogs! Eatery Gourmet Grind Java etc. Manhattan Deli Oyster Bar on the Sky Terrance Purple Parrot Sushi Bar on the Sky Terrance Toucan Charlie's Buffet & Grille |
| Owner | Monarch Casino & Resort, Inc. |
| Architect | Peter B. Wilday Architects |
| Previous names | Golden Road Motor Inn (1972–1979) Travelodge (1979–1986) Quality Inn (1986–1991) Clarion (1991–1996) |
| Renovated in | 1991: 160-room hotel Atrium Tower, casino expansion. 1993: 283-room hotel Luxury Tower, indoor pool/sun deck, arcade. 1999: Sky Terrace over South Virginia Street, 824-room hotel Royal Dolphin Tower, pool/health club expansion. |
| Website | Official website |
Atlantis Casino Resort Spa is a luxury hotel and casino located in Reno, Nevada. It is owned and operated by Monarch Casino Resort, Inc. (NASDAQ: MCRI). The three hotel towers have combined 824 guest rooms and Jacuzzi suites. The casino floor spans 64,814 sq ft and is one of Reno's most profitable and luxurious properties. Nearly $150 million has been spent on upgrading the facility. Atlantis competes directly with Peppermill Hotel Casino for customers.
Prior to 1972, the present-day Atlantis was home to the Golden Road Motor Inn, a 142-room motel. In that year, the property was purchased by the Farahi family. The purchase included with it a restaurant on the site known as the Copper Kettle.
Shortly after the purchase, a franchise agreement was signed with Travelodge.
In the late 1980s, a deal was struck with Choice Hotels. As a result, the hotel was renamed Quality Inn, and the restaurant became the Purple Parrot.
In 1991, the hotel was renamed again; under the Choice Hotels lease agreement, they branded the hotel as a Clarion and through the Farahis, constructed a 12-story hotel tower that opened in 1991. The Farahis pledged it would be the first of many expansions to come. Clarion Reno had a tropical theme and when the first tower was built, along came with more casino and more restaurants.
In 1993, Monarch Casino & Resort, Inc, the Farahis' corporate firm, took over financial responsibility for the Clarion. With this came a public offering on the floor of the . With the additional capital from the public offering, Clarion began its second major expansion, which included a second 18-story hotel tower with an additional 400+ rooms and more gaming space and another restaurant, a buffet.
Desiring to have an independent identity, in 1996 the Monarch Casino & Resort Inc. Board of Directors made the decision to rename the resort the Atlantis. With the new name came plans for yet another expansion. The phase III expansion included a third 27-story hotel tower with close to 650 rooms, an expanded casino, three new restaurants, and the addition of a 40,000 sq ft (3,700 m2) entertainment facility. Additionally, the expansion plans called for a "sky terrace" over Virginia Street that would be anchored by two Greco-Roman columns topped with flame shows that would be hourly. Ground was broken in June 1998, with completion just over a year later, in July 1999. The Sky Terrace opened first before the new hotel tower and casino expansion. The latest expansion cost $60 million to construct, the most expensive and largest to date in the resort's history, and it redefined the resort entirely.
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