Monarch Passes on Fitzgeralds Deal
RENO, NV, Janury 10, 2006. Monarch Casino & Resort have revealed they do not expect to continue in their efforts to acquire Fitzgeralds Reno.
Monarch have announced that the United States Bankruptcy Court denied its newly acquired subsidiary's requested release to extend the closing date on a contract to purchase Fitzgeralds Reno Hotel Casino.
Monarch Casino & Resort, Inc., through its wholly-owned subsidiary, owns and operates the tropically-themed Atlantis Casino Resort in Reno, Nevada. The Atlantis is the closest hotel-casino to, and is directly across the street from, the Reno-Sparks Convention Center.