Monarch Casino And Resort Inc holdings reduced by Strs Ohio
LONG BEACH (Mffais.com) - Strs Ohio sold -9,770 (-19.70 %) of their shares in Monarch Casino And Resort Inc (MCRI), bringing their current holdings to 39,800 shares as shown by filings made public on the 24th July 2008.
The stock is currently owned by 196 funds/institutions with a total activity score of -0.37. 31.46 % of owning funds reported recently buying shares, 10.48 % maintaining existing share level and 58.04 % selling shares.
Full details for Monarch Casino And Resort Inc (MCRI) available at http://www.mffais.com/mcri.html
About Monarch Casino & Resort, Inc.
Monarch Casino & Resort, Inc. through its wholly owned subsidiary, Golden Road Motor Inn, Inc., owns and operates the tropically themed Atlantis Casino Resort Spa, a hotel/casino and spa facility in Reno, Nevada.
The Atlantis is the closest hotel-casino to the Reno-Sparks Convention Center and is recognizable due to its Sky Terrace, a unique structure rising approximately 55 feet above street level and spanning 160 feet across Virginia Street with no intermediate support pillars. The Sky Terrace connects the Atlantis to a 16-acre parcel of land owned by the Company that is compliant with all casino zoning requirements and is suitable and available for future expansion or growth.
Currently, the Company uses it as additional paved parking for the Atlantis. The existing Atlantis site offers almost 1,000 guest rooms in three contiguous high-rise hotel towers and a motor lodge. The tropically-themed Atlantis features approximately 51,000 square feet of high-energy casino space with 38 table games and approximately 1,450 slot and video poker machines, a sports book, Keno and a poker room, and offers a variety of dining choices in the form of nine high-quality food outlets.
Monarch is currently seeking additional strategic growth opportunities.
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