Monarch pass on Fitzgeralds deal

10th Jan 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.


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