Monarch Casino & Resort

Monarch Casino & Resort

Overview

About Monarch Casino & Resort

Simplify's Rating
Why Monarch Casino & Resort is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Gaming

Company Size

N/A

Company Stage

IPO

Headquarters

Reno, Nevada

Founded

N/A

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Simplify's Take

What believers are saying

  • July 20, 2026 Q2 revenue reached $142.6 million, up 4.2%.
  • Q2 2026 adjusted EBITDA hit $53.0 million, and margin stayed strong.
  • September 15, 2026 dividend continues Monarch's capital-return story for shareholders.

What critics are saying

  • August 3, 2026 Hyde class action attacks Monarch's tip-credit practices.
  • FLSA and Colorado wage exposure can force back pay, penalties, and attorney fees.
  • Black Hawk labor claims threaten margins, and adverse rulings could cripple tipped-table operations.

What makes Monarch Casino & Resort unique

  • Atlantis Reno and Monarch Black Hawk drove 2026 market-share gains.
  • IGT PlaySports launched mobile sportsbooks for Atlantis NV Sports and BetMonarch Colorado.
  • June 30, 2026 cash was $138.3 million with no credit-facility borrowings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Relocation Assistance

Professional Development Budget

Conference Attendance Budget

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Employee Discounts

Company Social Events

Stock Price

Company News

CDC Gaming
Aug 5th, 2026
Colorado: Monarch Casino hit with proposed class action over dealer tips, uniform costs.

Colorado: Monarch Casino hit with proposed class action over dealer tips, uniform costs. Wednesday, August 5, 2026 2:33 PM Photo: Monarch Casino Black Hawk (courtesy image) * Ian St. Clair, PlayUSA Email, LinkedIn, and more Colorado's Monarch Casino & Resort is accused of shorting tipped table game dealers through tip-sharing, according to a proposed class-action lawsuit. The casino in Black Hawk is also accused of making employes purchase their uniforms and off-the-clock work allegations. A complaint filed Aug. 3 in Colorado alleges that dealers at Monarch Casino & Resort in Black Hawk were required to hand over part of their tips to supervisors, buy their own uniforms, and perform work before their shifts without pay. The case is Hyde v. Monarch Casino & Resort, Inc. et al., listed as a labor and fair standards matter.

G3 Media
Apr 22nd, 2026
Monarch grows market share in Reno and blackhawk as first quarter revenues reach new high.

Monarch grows market share in Reno and blackhawk as first quarter revenues reach new high. By Phil Martin - 22 April 2026 11:10 AM - Last updated on 22 April 2026 11:10 AM Operator generated record first quarter margin of 35.8 per cent. Monarch Casino Resort, which operates the Monarch Black Hawk in Colorado and the Atlantis Casino Resort in Reno, enjoyed another stellar month with record first-quarter revenues. John Farahi, Co-Chairman and Chief Executive Officer of Monarch, commented: "Monarch delivered record first quarter financial results. First quarter net revenue and adjusted EBITDA increased year-over-year by 8.9 per cent and 19 per cent, respectively. First quarter adjusted EBITDA margin increased by approximately 300 basis points from 32.8 per cent in the first quarter of 2025 to a record first quarter margin of 35.8 per cent in 2026. The first quarter increases in revenue and adjusted EBITDA highlight its ability to drive sustained growth from its two properties. "In the first quarter of 2026, G3Newswire increased market share year-over-year at both Atlantis and Monarch Black Hawk. G3Newswire is committed to ongoing capital investments, enhancement at both properties and setting the standard for luxury resorts in each market. G3Newswire remain confident that G3Newswire has opportunities to increase revenue in both markets, while deploying technology to reduce operating costs. "We continue to return capital to stockholders through dividends and share repurchases. In the first quarter of 2026, we purchased, in open market transactions, 181,258 shares of Monarch common stock for $17.6 million." In the first quarter of 2026, the company generated net revenue of $136.6m compared to $125.4m in the corresponding prior-year period. Casino revenue increased 9.4 per cent compared to the prior year, food and beverage (F&B) increased 5.6 per cent and hotel revenue increased 13.5 per cent, compared to the same prior-year period. F&B and hotel revenues benefited from higher available rooms at Atlantis in the first quarter of 2026 compared to the same period in 2025 and improved convention and groups business during the 2026 first quarter. Share via:

Defense World
Dec 25th, 2024
HighTower Advisors LLC Makes New $258,000 Investment in Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

HighTower Advisors LLC makes new $258,000 investment in Monarch Casino & Resort, Inc. (NASDAQ:MCRI).

Defense World
Sep 19th, 2024
SkyOak Wealth LLC Invests $320,000 in Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

Westwood Holdings Group Inc. acquired a new stake in Monarch Casino & Resort in the first quarter valued at about $2,822,000.

NNBW
Aug 20th, 2024
IGT partners with Monarch Casino & Resort for sports betting expansion

As part of this new collaboration, Monarch Casino & Resort has launched a mobile sportsbook app, Atlantis NV Sports, that utilizes IGT PlaySports technology.

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