#Monarch Casino & Resort

West Island

Black Hawk Casinos Outshine Las Vegas Titans

With consistency reminiscent of the desert's eternal sun, Las Vegas once again dazzled at the pinnacle of the United States' commercial casino market in 2023. Yet within the echelons of this high-revenue society-a tableau marked by little fluctuation-there was a notable exception. Black Hawk and Central City in Colorado exemplified vigor, emerging…
Industry
KOLO

Atlantis named one of the best casinos outside of Vegas by Newsweek

RENO, Nev. (KOLO) - The Atlantis Casino Resort and Spa was named by Newsweek as one of America's best non-Las Vegas casinos. The casino came in third out of ten spots, which were chosen by panelists and contributors and voted on by readers. It was the only casino in northern Nevada to be named. "It's exciting and deeply gratifying to see our resort…
Land-based
Atlantis named one of the best casinos outside of Vegas by Newsweek
Wild Casino
the-journal.com

Gambling is on the rise in Colorado. So are efforts to prevent addiction

When Coloradans voted to establish casinos in three historic struggling mining towns back in 1990, it was called "Limited Gaming." These days it's not so limited. The industry has rapidly expanded thanks to a large new hotel resort in Black Hawk and constitutional changes to the gambling laws, eliminating Colorado's strict betting limits and adding…
Gambling Addiction
Colorado Public Radio

As gambling rises in Colorado, so do efforts around addiction

That means less money going to Las Vegas, said Sean Demeule, General Manager at Ameristar Casino Resort Spa Black Hawk. "With the new offerings, with the continued investment by the industry in Colorado, with these new games, with these new limits, there's absolutely more reason for Coloradans to stay in Colorado, play in Colorado, keep those tax…
Gambling Addiction
As gambling rises in Colorado, so do efforts around addiction
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queencreeksuntimes.com

Gila River Resorts & Casinos makes list of 'Best Overall Casinos Outside of Las Vegas'

Gila River Resorts & Casinos Wild Horse Pass in Chandler was named a winner in the 2024 Newsweek Readers' Choice contest for Best Overall Casino Outside Las Vegas. Wild Horse Pass ranked ninth out the below 10 properties. Gila River is the only operator in Arizona and one of only four tribal casinos awarded this recognition. 1. Pechanga Resort…
Travel
Gila River Resorts & Casinos makes list of 'Best Overall Casinos Outside of Las Vegas'
Market Screener

Monarch Casino & Resort, Inc. Announces Cash Dividend, Payable on December 15, 2023 -October 18, 2023 at 04:03 pm EDT

Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the Atlantis) and the Monarch Casino Resort Spa Black Hawk (the Monarch Black Hawk), a hotel and casino in Black Hawk, Colorado. In addition, it owns separate parcels of land located next to the Atlantis and a parcel of land with an…
Land-based
Market Screener

Monarch Casino & Resort Keeps Quarterly Dividend at $0.30/Share, Payable Dec. 15 to Stockholders of Record Dec. 1 -October 18, 2023 at 04:32 pm EDT

Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the Atlantis) and the Monarch Casino Resort Spa Black Hawk (the Monarch Black Hawk), a hotel and casino in Black Hawk, Colorado. In addition, it owns separate parcels of land located next to the Atlantis and a parcel of land with an…
Land-based
Casino City Times

PlayAGS launches products in Colorado and Missouri

Gaming News 29 September 2023 (PRESS RELEASE) -- PlayAGS, Inc., a supplier of slot, table, and interactive products and services to the global gaming industry, announced it recently received approval to place its growing portfolio of high-performing electronic gaming machines and table products with casino operators in Colorado and Missouri. This…
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Gambling News

Gambler Wins Record-Breaking $14M Megabucks Jackpot in Reno, Nevada

Reno Gazette-Journal reported that the Reno woman who wished to remain anonymous hit the $14 million jackpot while playing a Megabucks slot machine at the Atlantis Casino Resort Spa on Sunday, April 2, 2023. The anonymous gambler had extended her stay at the casino after her planned cruise was canceled. The $14 million jackpot is the largest…
Winnings
Gambler Wins Record-Breaking $14M Megabucks Jackpot in Reno, Nevada
moneyandmarkets.com

Monarch Casinos Stock: A Small-Cap Casino Play

In all my travels, I've never been to Las Vegas. It's something I want to do, but not for the reasons you might think. I'm not a gambler. Granted, I'm pretty good at Texas Hold'em … but not to the point where I want to throw down hundreds of dollars playing. Millions of Americans do love to gamble, however. This chart shows the U.S. gambling…
Land-based
Monarch Casinos Stock: A Small-Cap Casino Play
The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment's entrance into an…
Covid
Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea
Proactive

Las Vegas Sands Stock Strength Rising

There are no sure bets in Las Vegas. Its nickname "Lost Wages" is no coincidence. But one thing is sure; the house always wins in the long run. And on Monday, Las Vegas Sands (LVS), the world's biggest casino company with a market cap of nearly $30 billion, earned an upgrade to its stock Relative Strength (RS) Rating, from 73 to 85. The 85 rating…
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The Nevada Independent

Legal changes make Colorado an enticing casino market for Nevada operators

DENVER - Nevada's major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek. It wasn't much of a gamble. Initially, bets in the state were limited to $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…
Industry
Legal changes make Colorado an enticing casino market for Nevada operators
Stock News

CZR: Caesars Entertainment vs. Monarch Casino: Which Casino Stock is a Better Buy?

Monarch Casino & Resort, Inc. (MCRI) owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. On the other hand, Caesars Entertainment, Inc. (CZR) operates as a gaming and hospitality company in the United States. The…
Finance
CZR: Caesars Entertainment vs. Monarch Casino: Which Casino Stock is a Better Buy?
Stock News

GDEN: 5 Gambling Stocks Worth Betting On

Online gambling gained traction during the first COVID-19 wave, as people turned into online entertainment due to nationwide lockdowns and traveling restrictions. In addition, the easing of restrictions lately has allowed in-person gambling to regain momentum, thanks to substantial pent-up demand. With the increased use of smartphones and emerging…
Sports
GDEN: 5 Gambling Stocks Worth Betting On
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World Casino News

Monarch Casino Resort Spa Black Hawk transformation completed

American casino operator Monarch Casino and Resort Incorporated has reportedly expanded the hotel at its Monarch Casino Resort Spa Black Hawk property to conclude the Colorado venue's long-running $400 million redevelopment. According to a report from local television broadcaster KUSA-TV, the Reno-headquartered firm broke ground on the…
Travel
Monarch Casino Resort Spa Black Hawk transformation completed
9 News

Monarch Casino completes $400M expansion and 516-room hotel

After a decade of work and hundreds of millions of dollars, Monarch Casino has finished a massive expansion with a 516-room hotel. BLACK HAWK, Colo. - Tourism in the gambling town of Black Hawk is back and at higher levels than before the pandemic, according to City Manager Stephen Cole. "We didn't do very well during the pandemic, but now we're…
Movies
Monarch Casino completes $400M expansion and 516-room hotel
Street Insider

Form 8-K MONARCH CASINO & RESORT For: Feb 09

Monarch Casino & Resort Reports Record 2021 Fourth Quarter Financial Results RENO, Nev., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) ("Monarch" or "the Company") today reported record operating results for the fourth quarter and full year ended December 31, 2021, as summarized below: ($ in thousands, except per…
Land-based
World Casino News

January downturn in American casino footfall

Last month reportedly saw an aggregated drop in the number of patrons visiting casinos across the United States although this slump could be short-lived as the prevalence of the omicron variant of coronavirus continues to decline. According to a Monday report from CDC Gaming Reports, foot traffic at American casinos in January was down by 2% when…
Travel
January downturn in American casino footfall
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Stock News

GDEN: Feeling Lucky? Consider Betting on These 3 Lesser-Known Casino Stocks

Despite travel restrictions and the shutdown of casinos and other gambling outlets during the worst of the COVID-19 pandemic, the rising popularity and legalization of online gambling and iGaming services have helped the industry rebound since the first COVID-19 wave last year. The strong vaccination drive, the lifting of travel bans, and the…
Finance
GDEN: Feeling Lucky? Consider Betting on These 3 Lesser-Known Casino Stocks
The Motley Fool

3 Ways This Lesser-Known Casino Stock Is Still Winning

With just two casinos to its name and a $1.25 billion valuation, Monarch Casino & Resort (NASDAQ:MCRI) isn't the southwest U.S.' biggest gambling operator by a long shot. It has, however, carved out a strong niche for itself at its two locations in Black Hawk, Colorado (near Denver) and Reno, Nevada, and is in the process of updating and expanding…
Finance
3 Ways This Lesser-Known Casino Stock Is Still Winning
Yogonet

Monarch posts record Q3 earnings, bolstered by Colorado's gambling expansion

eno-based Monarch Casino & Resort reported a record in its Q3 earnings on Monday, and its shares traded on the Nasdaq exchanged soared Tuesday, closing up 8%, $5.49 a share, to $73.74 a share with volume more than twice the daily average. The company reported net revenue of $111.6 million, an increase of 86.5% from $59.9 million in the prior-year…
Travel
Stock News

MCRI: Feeling Lucky? Buy These 3 Under the Radar Casino Stocks

The gambling industry is making a comeback with the gradual easing of social distancing mandates. U.S. gambling revenue hit a record $13.6 billion in the second quarter. In-person gambling was the primary driver of the record-breaking second-quarter revenue results. Mobile sports betting and iGaming kept the industry afloat during the initial…
Finance
MCRI: Feeling Lucky? Buy These 3 Under the Radar Casino Stocks
Stockhouse

Monarch Casino & Resort Announces Management Changes

Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry 20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver, Appointed Corporate Vice President of Operations RENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) ("Monarch" or…
Land-based
Northern Nevada Business Weekly

Casino operators caution Nevada regulators about expanding online gaming

A cross-section of Nevada gaming operators has voiced opposition to expanding the state's online gaming regulations, saying any proposed changes should be explored by the governor's Gaming Policy Committee and ultimately approved by state lawmakers. In a four-page letter sent last week to the chairmen of the Nevada Gaming Control Board and Nevada…
Industry
Casino operators caution Nevada regulators about expanding online gaming
The Daily Gazette

Bronco Billy's Casino in Cripple Creek considering adding 70 more rooms to hotel project

Owners of Bronco Billy's Casino in Cripple Creek are looking at adding more rooms to what already will be the city's largest hotel. Las Vegas-based Full House Resorts is studying whether to accelerate plans to add an additional 70 rooms to the Chamonix Casino Hotel, now under construction adjacent to Bronco Billy's. The two-block-long expansion…
Covid
Bronco Billy's Casino in Cripple Creek considering adding 70 more rooms to hotel project
The Motley Fool

Why Pushing a Few Chips Onto Monarch Casino & Resort Could Be Risky Short-Term, Profitable Long-Term

Casino traffic is surging after the end of COVID-19 lockdowns, but Monarch Casino & Resort (NASDAQ:MCRI) remains overshadowed in the news by giants such as Caesars Entertainment (NASDAQ:CZR). Nevertheless, this plucky family owned casino company with a $1.15 billion market cap shows a healthy growth trajectory in its latest results. But with news…
Land-based
Why Pushing a Few Chips Onto Monarch Casino & Resort Could Be Risky Short-Term, Profitable Long-Term
Vegas Inc

Monarch Casino: Q2 Earnings Snapshot

RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported second-quarter net income of $18.1 million, after reporting a loss in the same period a year earlier. The Reno, Nevada-based company said it had net income of 93 cents per share. The casino operator posted revenue of $97.7 million in the period, exceeding Street forecasts.…
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LA Progressive

Are Casinos in California a Sound Investment?

There's no doubt that, over many decades, investing in the stock market enabled many people an incredible opportunity to build wealth. A quick win on the markets can make an individual feel hooked on finding the next opportunity. However, before hooping on the wagon, you need to make sure that casinos in California are a sound investment right…
Travel
Colorado Public Radio

Black Hawk, Central City And Cripple Creek Slot Machines Will Reopen June 17

Slot machines will open in Colorado on June 17, according to a statement from the city of Black Hawk. The move was announced Sunday after the Colorado Department of Public Health approved a request from Gilpin County for a variance from COVID-19 business restrictions. Teller County can reopen slots the same day, according to the department.…
Covid
Black Hawk, Central City And Cripple Creek Slot Machines Will Reopen June 17
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