Monarch Casino & Resort, Inc. (MCRI) NASDAQ

82.31

-0.155(-0.19%)

Updated at May 15 02:33PM

Currency In USD

Monarch Casino & Resort, Inc.

Address

3800 South Virginia Street

Reno, NV 89502

United States of America

Phone

775 335 4600

Sector

Consumer Cyclical

Industry

Gambling, Resorts & Casinos

Employees

2900

First IPO Date

August 06, 1993

Key Executives

NameTitlePayYear Born
Mr. John FarahiCo-Chairman, Chief Executive Officer & Secretary906,5631948
Mr. Richard L. CooleyVice President of Finance and Treasurer217,6531947
Mr. Edwin S. Koenig CPACorporate Treasurer & Chief Accounting Officer238,3081968
Mr. Bahram FarahiCo-Chairman & President306,3231951

Description

Monarch Casino & Resort, Inc., through its subsidiaries, 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. As of December 31, 2021, its Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 818 guest rooms and suites; 8 food outlets; 2 gourmet coffee and pastry bars; a 30,000 square-foot health spa and salon with an enclosed pool; 2 retail outlets offering clothing and gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company's Atlantis Casino Resort Spa also featured approximately 1,400 slot and video poker machines; approximately 37 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, its Monarch Casino Resort Spa Black Hawk featured approximately 60,000 square feet of casino space; approximately 1,100 slot machines; approximately 40 table games; 10 bars and lounges; 4 dining options; 516 guest rooms and suites; banquet and meeting room space; a retail store; a concierge lounge; an upscale spa and pool facility; and a nine-story parking structure with approximately 1,350 spaces, as well as valet parking with a total parking capacity to approximately 1,500 spaces. The company was founded in 1972 and is based in Reno, Nevada.