Monarch Casino & Resort, Inc. MCRI

Profile

Sector

Consumer Cyclical

Industry

Gambling, Resorts & Casinos

CEO

John Farahi

Employees

2740

Country

US

Monarch Casino & Resort, Inc. (MCRI) is a company that, through its various subsidiaries, owns and manages two prominent hotel and casino destinations: the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk located in Black Hawk, Colorado. As of December 31, 2021, the Atlantis Casino Resort Spa presented a wide array of facilities. Its gaming area extended across approximately 61,000 square feet, featuring roughly 1,400 slot and video poker machines, alongside around 37 table games, including popular choices such as blackjack, craps, and roulette. The property also housed a race and sports book, an always-open live keno lounge, and a dedicated poker room. Beyond the gaming, Atlantis offered 818 guest accommodations, eight distinct dining establishments, and two gourmet coffee and pastry shops. For wellness and events, there was a 30,000 square-foot health spa and salon complete with an indoor pool, two retail outlets selling apparel and gifts, an 8,000 square-foot family entertainment zone, and about 52,000 square feet designated for banquets, conventions, and meetings. MCRI's other significant establishment, the Monarch Casino Resort Spa Black Hawk in Colorado, similarly boasts an impressive range of amenities. This property provides approximately 60,000 square feet of gaming space, equipped with around 1,100 slot machines and 40 table games. Guests have access to ten bars and lounges, four dining options, and 516 guest rooms and suites. Other features include dedicated spaces for banquets and meetings, an on-site retail shop, an exclusive concierge lounge, and a premium spa and pool complex. For convenience, the resort offers a nine-story parking structure with capacity for about 1,350 vehicles, augmented by valet services, bringing the total parking availability to approximately 1,500 spaces. Established in 1972, Monarch Casino & Resort, Inc. maintains its corporate headquarters in Reno, Nevada.