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Stock Market & Financial Investment News

News Breaks
October 5, 2011
05:20 EDTMCRIMonarch announces option to acquire land parcel adjacent to Riviera Black Hawk
Monarch Casino & Resort, owner of the Atlantis Casino Resort Spa in Reno, Nevada, announced that it has entered into an option to purchase 1.5 acres of developable land contiguous to the Riviera Black Hawk casino from the Black Hawk-Central City Sanitation District, or BHCCSD. The Option Agreement may be exercised in the fourth quarter of 2011 for $6.0M plus a $2.3M assessment by the City of Black Hawk for improvements to the street adjacent to the BHCCSD parcel and the Riviera Black Hawk.
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