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Atlantis Casino Resort Spa company history timeline

1973

The two brothers-in-law proved incompatible business partners and in mid-1973 David Farahi bought out Poura.

1983

In 1983, the motel began operating as a Travelodge franchise.

1986

Also in 1986, they remodeled all of the rooms of the Travelodge, another step in transforming a once dilapidated motel into an upscale accommodation.

1987

The use of the newly acquired property, however, would not matter greatly to the company's immediate plans, because in 1987 the Farahi brothers were successful in buying the land on which the Travelodge was situated plus several acres adjoining it.

1989

First Interstate Bank of Nevada finally agreed to fund the project to the tune of $18 million, a syndicate was formed, and the project was launched in mid-1989.

1990

During the first full year in operation, the Clarion generated $23.2 million, a significant increase over 1990's $5.2 million.

1995

The venture was written off, as was a 1995 attempt to secure a lease on a riverboat casino project in downtown St Louis.

In 1995, the first full year following the most recent expansion, Monarch saw revenues rise to $53 million.

1996

1996: Clarion is renamed Atlantis Casino Resort.

1999

In June 1999 construction was completed, resulting in a second hotel tower, 28 stories high, containing 388 rooms and suites, as well as 1,500 square feet of new meeting space.

The Dunes Marina Resort and Casino subsidiary finally would be dissolved in 1999, as Monarch decided to focus on its Reno property.

2001

In 2001 the company spent $4.5 million to renovate suites in the third tower, acquire new slot machines, and improve the facility's computer information systems.

2004

Monarch stood at a crossroads by 2004.

2012

In 2012, Monarch Casino & Resort, Inc. acquired Riviera Black Hawk and rebranded the property to Monarch Casino Black Hawk.

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1973
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Zippia gives an in-depth look into the details of Atlantis Casino Resort Spa, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Atlantis Casino Resort Spa. The employee data is based on information from people who have self-reported their past or current employments at Atlantis Casino Resort Spa. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Atlantis Casino Resort Spa. The data presented on this page does not represent the view of Atlantis Casino Resort Spa and its employees or that of Zippia.

Atlantis Casino Resort Spa may also be known as or be related to Atlantis Casino Resort Spa, Atlantis SAE, Golden Road Motor Inn Inc and Golden Road Motor Inn, Inc.