A beacon of light in the darkness, Atlantis Casino shines bright as a symbol of modern-day Las Vegas. But who owns this glimmering hotspot of high-stakes entertainment? You might be surprised to learn that the answer is not as simple as it appears.
Let’s take a closer look at the current owner, profits, and layout of Atlantis Casino, as well as its current revenues and profits.
Key Takeaways
- The South Pacific Hotel was the first owner of Atlantis Casino, followed by Ramada, Park Place Entertainment, and Caesars Entertainment.
- Atlantis Casino is located in Reno, Nevada and has over 90,000 square feet of floor space.
- It offers a wide selection of slot machines and table games, including blackjack, poker, roulette, and baccarat.
- Monarch Casino & Resort, Inc. currently owns Atlantis Casino, and reported a net income of $15.5 million for Q3 2020.
Current Owner: Profits
You might be wondering who currently owns the Atlantis Casino. To answer that question, it’s important to understand the timeline of ownership of the casino.
The casino has gone through many owners over the years, so let’s take a look at the historical ownership timeline to get a better understanding of who the current owner is.
Historical Ownership Timeline
Throughout its history, Atlantis Casino has had numerous owners. This luxury resort in Reno, Nevada has been a popular destination for high stakes gamblers since its grand opening in 1972.
Its first owner was the South Pacific Hotel, which operated the casino until 1986. The next owner was Ramada, which invested heavily in the property and turned it into a world-class destination.
In 1998, Park Place Entertainment purchased the casino, and it became part of the company’s extensive network of casinos. After Park Place merged with Harrah’s in 2005, Caesars Entertainment became the owner of Atlantis Casino.
Caesars has continued to invest in the property, making it one of the most popular casinos in Reno.
About the Casino: Layout
Come explore the grand Atlantis Casino and all it has to offer!
With over 90,000 square feet of floor space, you’ll find all the slots and table games you could ever want.
There are over 1,400 slot machines in the casino, ranging from classic one-armed bandits to the newest video slots.
If you’re looking for a classic casino experience, there are over 80 table games, including blackjack, poker, roulette, and baccarat.
Size of Casino
Atlantis Casino is a large casino located in the Bahamas. It is owned and operated by Brookfield Asset Management, a Canadian-based global asset management company. The size of the casino is impressive, offering a total of 8,300 square feet of gaming space, which includes 1,000 slot machines, 50 tables, and a poker room. Locals and visitors alike often comment on the size of the casino and the large number of staff working there.
Here’s a look at the size of the casino from a few different perspectives:
- The casino offers 8,300 square feet of gaming space.
- There are 1,000 slot machines, 50 tables, and a poker room.
- The casino is staffed by hundreds of casino employees, from dealers to floor staff.
The size of the casino is a source of pride for many locals, and the staff are friendly and eager to help. Guests of Atlantis Casino often comment on the size and atmosphere of the casino, as well as the expertise of the casino staff.
Slot Machines
The casino offers 1,000 slot machines, making it a great destination for those looking to try their luck. With such a large selection, you’re sure to find something to suit your tastes.
There’s a wide variety of traditional slots, as well as the latest, state-of-the-art machines. Plus, the casino offers incentive programs and VIP rewards to ensure you get the most out of your gaming experience.
So come on down and try your luck at Atlantis Casino’s slot machines. With such a large selection and great rewards, you won’t leave disappointed!
Table Games
If you’re looking for a classic casino experience, you’ll find it at Atlantis Casino with their wide selection of table games. You can try your luck playing blackjack, roulette, craps, and more. Whether you’re a beginner or experienced player, the friendly staff can help you get set up so you can enjoy the games. Plus, their Poker Room offers tips and strategies to help you up your game.
Here’s a brief rundown of their table games:
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Blackjack – This popular card game has simple game rules, but various strategies to use.
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Roulette – A classic game of luck where you bet on the outcome of a wheel spin.
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Craps – A dice game where players bet on the outcome of a roll.
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Poker – A game of strategy and skill where players compete against each other.
Head to Atlantis Casino to experience all of their table games and take your gaming experience to the next level.
Current Revenues & Profits
Revenues and profits from Atlantis Casino are currently unknown. The luxury Las Vegas casino features a wide variety of gaming options and top-notch customer service, making it a popular destination for visitors and locals alike. With over 800 rooms, a spa and salon, multiple restaurants, and a pool with a lazy river, the casino’s amenities provide a luxurious experience for its guests.
| Table 1 | Current Revenues & Profits |
|---|---|
| Revenues | Unknown |
| Profits | Unknown |
| Trends | Unknown |
The casino is owned by Monarch Casino & Resort, Inc., which is a publicly traded company. Although the exact figures of Atlantis Casino’s revenues and profits are unknown, Monarch Casino & Resort, Inc., reported a net income of $15.5 million for the third quarter of 2020. This indicates that the casino is profitable, though its exact numbers are not publicly available.
The casino has faced a number of challenges due to the COVID-19 pandemic, but has continued to provide a luxury experience to its guests. The casino has implemented strict safety protocols to ensure the health and safety of its visitors and staff. Despite the challenges, the casino has managed to remain profitable and is expected to continue to be a popular destination in Las Vegas.