Monarch Casino & Resort, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- John Farahi
- Full Time Employees
- 2,740
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- 3800 South Virginia Street Reno NV United States of America 89502
- IPO Date
- Aug 6, 1993
- CIK
- 0000907242
- Website
- monarchcasino.com
- Similar Companies
- Business
- Monarch Casino & Resort, Inc. Monarch Casino & Resort, Inc. (MCRI), founded in 1993 and headquartered in Reno, Nevada, owns and operates casino resorts offering gaming, hospitality, dining, and entertainment services. The company manages two flagship properties: Atlantis Casino Resort Spa in Reno, Nevada, featuring slot machines, table games including blackjack, craps, and roulette, luxury hotel accommodations, spas, fitness centers, multiple restaurants and bars, and event spaces; and Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado, providing similar amenities with high-limit gaming areas, upscale dining options, and convention facilities targeting leisure travelers, tourists, business guests, and local patrons primarily in the western United States. It generates revenue through casino operations, room rentals, food and beverage sales, and loyalty programs while maintaining a strong balance sheet with significant cash reserves. In recent developments, the company completed a major $442 million expansion and renovation of its Black Hawk property in 2022, adding hotel rooms and casino space debuted in November 2020 following construction delays, and continues to evaluate mergers and acquisitions as stated by CEO John Farahi in early 2025 earnings reports to drive long-term shareholder value amid strong performance in Colorado.
Company News
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Monarch Casino Resort Spa Earns Two More USA TODAY 10Best Readers' Choice Awards Nominations, Including First for Best Casino Restaurant
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Spa Monarch Earns USA TODAY 10Best Nomination, Continuing to Redefine Colorado Mountain Luxury
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