Monarch Casino & Resort

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International Guild of Hospitality & Restaurant Managers

Monarch Casino & Resort (NasdaqNM:MCRI)

1175 West Moana Lane,
Suite 200
Reno, NV 89509

Phone: (775) 825-3355
Fax: (775) 825-7705
Web: www.monarchcasino.com
Email: clbuck@monarchcasino.com
Employees (last reported count): 1,848

Monarch Casino & Resort, Inc. (Monarch), through its wholly owned subsidiary, Golden Road Motor Inn, Inc. (Golden Road), owns and operates the tropically themed Atlantis Casino Resort, a hotel/casino facility in Reno, Nevada (the Atlantis). Monarch was incorporated in 1993.

Atlantis is located approximately three miles south of downtown Reno in the generally more affluent southwest area of Reno. The Atlantis 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 with a total guest room count of 980 available rooms; nine food outlets; a nightclub; an enclosed pool with waterfall features in addition to an outdoor pool; health club; two retail outlets featuring traditional "gift shop" merchandise as well as clothing and other merchandise; an 8,000-square-foot family entertainment center; and approximately 25,000 square feet of banquet, convention and meeting room space.

The Atlantis is the closest hotel casino to the Reno Sparks Convention Center (the Convention Center), and the only hotel-casino located within easy walking distance of the Convention Center, which is currently under expansion and renovation, which is scheduled to be completed in mid-July 2002. Once completed, the Convention Center will offer approximately 490,000 square feet, consisting of 381,000 square feet of contiguous exhibition space in addition to 79,000 square feet of meeting room space and a 30,000-square-foot ballroom.

The Atlantis' casino features 37 table games, including blackjack, craps, roulette, "Let it Ride," "Three Card Poker," "Fortune Pai Gow Poker," and "Royal Match;" approximately 1,500 slot and video poker machines; a race and sports book (which is operated by an independent third party pursuant to a lease arrangement with the Company); keno; and a poker room.

The Atlantis features three contiguous high-rise hotel towers offering a total of 831 available rooms and suites, and a low-rise motor lodge offering another 149 available rooms, for a total guest room count of 980 available rooms.

The Atlantis features six restaurants, one snack bar, and two gourmet coffee bars. They include the 640-seat Toucan Charlie's Buffet & Grill, which features a wide variety of standard hot food line selections, salads and seafood, and specialty substations featuring made to order items such as Mongolian Barbecue, fresh Southwest and Asian specialties, meats roasted in wood-fired rotisserie ovens, and two salad stations; the aquatic-themed 135-seat Atlantis Seafood Steakhouse gourmet restaurant; the upscale, intimate 230-seat MonteVigna Italian Ristorante, featuring a centrally located wine "cellar" and seasonal outdoor terrace; the 85-seat Oyster Bar restaurant in the Sky Terrace, featuring seafood flown in daily and soups and bisques made to order; a 178-seat, 24-hour coffee shop; a 104-seat cafe restaurant featuring pizzas from a wood-fired, brick oven; and a snack bar and soda fountain. There are two gourmet coffee bars, one located in the Sky Terrace, and the other located adjacent to the Xanadu Lounge next to the 28-story elevator lobby, both featuring fine specialty coffee drinks and pastries and desserts made fresh daily in the Atlantis bakery.

The Sky Terrace is a unique structure, with a diamond-shaped, blue glass body rising approximately 55 feet from street level and spanning 160 feet across South Virginia Street with no intermediate support pillars. The Sky Terrace connects The Atlantis with additional parking on a 16-acre site owned by the Company across South Virginia Street from The Atlantis. The structure is supported at each end by two 100-foot tall Grecian columns. The tropically themed interior of the Sky Terrace contains an oyster bar, a gourmet coffee and pastry bar with adjacent table seating, a video poker bar, banks of slot machines, and a lounge area featuring oversized leather sofas and chairs.

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