Monarch Casino & Resort

Monarch Casino & Resort

About Monarch Casino & Resort

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

Industries

Entertainment

Gaming

Company Size

N/A

Company Stage

IPO

Headquarters

Reno, Nevada

Founded

N/A

Overview

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Simplify's Take

What believers are saying

  • Q1 2026 net revenue hits $136.6 million, up 8.9% year-over-year with 9.4% casino growth.
  • Hotel revenue surges 13.5% in Q1 2026 from more rooms and conventions at Atlantis.
  • Institutional investors like Cerity Partners add $6.56 million stake in Q1 2026.

What critics are saying

  • Denver judge awards PCL Construction $74 million judgment against Monarch in 2026.
  • Penn Entertainment's Hollywood Casino Black Hawk expansion captures market share in 2025.
  • Nevada Gaming Control Board probes Atlantis AML compliance failures in March 2026.

What makes Monarch Casino & Resort unique

  • Slot machine change program surpasses $1 million in donations, averaging $400 daily per property.
  • IGT PlaySports powers Atlantis NV Sports mobile app across Nevada and Colorado properties.
  • Record 35.8% adjusted EBITDA margin in Q1 2026 from operational leverage.

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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

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.

Nevada News & Views
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.

PR Newswire
Aug 5th, 2024
Igt Partners With Monarch Casino Resort Inc. For Sports Betting Expansion In Nevada And Colorado

Atlantis Casino Resort Spa and Monarch Casino Resort Spa are the latest gaming venues to power retail and mobile sports betting with IGT PlaySports technologyLONDON, Aug. 5, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it expanded its sports betting footprint in Nevada and Colorado through an IGT PlaySports™ technology and services agreement with Monarch Casino & Resort, Inc. (Nasdaq: MCRI). Per the agreement, the award-winning IGT PlaySports platform and trading advisory services are powering retail and mobile sports betting at Atlantis Casino Resort Spa in Reno, Nev. and Monarch Casino Resort Spa in Black Hawk, Colo."We're excited to introduce Atlantis and Monarch Black Hawk patrons to elevated sports betting entertainment via our new IGT PlaySports-powered retail and mobile sportsbooks," said Steve Mikkelson, Corporate Director of Race and Sports for Monarch Casino & Resort, Inc. "IGT PlaySports' technology stack is widely known as one of the most versatile B2B sports betting technology stacks in the U.S., and we believe we now have the ideal sports betting offering to drive incremental player engagement and value at both of our award-winning properties."As part of this new collaboration, Monarch Casino & Resort, Inc

Defense World
Apr 16th, 2024
Cerity Partners LLC Invests $6.56 Million in Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

Cerity Partners LLC invests $6.56 million in Monarch Casino & Resort, Inc. (NASDAQ:MCRI).

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