American Gambling Markets Atlas (AGMA)

Operators / Monarch Casino & Resort

Monarch Casino & Resort

Operator · Monarch Casino & Resort, Inc. · MCRI · Black Hawk, Colorado[1],[2]

www.monarchcasino.com

Nasdaq-listed (MCRI); two-property casino company.

Financials

Market cap $2.0B · MCRI on NasdaqGS · Oct 11, 2026[9]

Est. U.S. revenue $545M · FY2025 · All US (Reno NV, Black Hawk CO); no foreign revenue disclosed[10]

20162025
Fiscal yearRevenue (USD)Net income (USD)Year end
FY2025$545M$101MDec 31, 2025[8]
FY2024$522M$72.8MDec 31, 2024[8]
FY2023$501M$82.4MDec 31, 2023[8]
FY2022$478M$87.5MDec 31, 2022[7]
FY2021$395M$68.5MDec 31, 2021[6]
FY2020$184M$23.7MDec 31, 2020[6]
FY2019$249M$31.8MDec 31, 2019[6]
FY2018$240M$34.1MDec 31, 2018[5]
FY2017$231M$25.5MDec 31, 2017[4]
FY2016$217M$24.6MDec 31, 2016[3]

Brands

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: Not licensedNYMassachusetts: Not licensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: Not licensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: LicensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: Not licensedVAMaryland: Not licensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: Not licensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: Not licensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
ColoradoCommercial casinosMonarch Casino Resort SpaLimited Gaming Master Licenseactive[11]
ColoradoSports (online)Bet MonarchInternet Sports Betting Operatoractive[11]
ColoradoSports (retail)Monarch Casino BlackhawkRetail Sports Betting Operatoractive[11]

Sources

  1. Monarch Casino Resort Spa · retrieved Oct 10, 2026
  2. Monarch Casino Resort, Inc. Release Fourth Quarter 2024 Financial Results · retrieved Oct 10, 2026
  3. MONARCH CASINO & RESORT, INC. Form 10-K filed 2019-03-14 · retrieved Oct 11, 2026
  4. MONARCH CASINO & RESORT, INC. Form 10-K filed 2020-03-12 · retrieved Oct 11, 2026
  5. MONARCH CASINO & RESORT, INC. Form 10-K filed 2021-03-12 · retrieved Oct 11, 2026
  6. MONARCH CASINO & RESORT, INC. Form 10-K filed 2022-02-28 · retrieved Oct 11, 2026
  7. MONARCH CASINO & RESORT, INC. Form 10-K filed 2025-03-03 · retrieved Oct 11, 2026
  8. MONARCH CASINO & RESORT, INC. Form 10-K filed 2026-02-24 · retrieved Oct 11, 2026
  9. MCRI (MCRI) quote · retrieved Oct 11, 2026
  10. Monarch Casino & Resort, Inc. Form 10-K FY2025 · retrieved Oct 11, 2026
  11. Online & Retail Sports Betting Operators (Colorado Division of Gaming live licensee workbook) · retrieved Oct 10, 2026