The Nevada Independent
Reno Gazette Journal
Firecreek Crossing Resort-Casino project to be built in Reno
Reno is set to get its first ground-up hotel-casino project in decades as a California-based real estate and entertainment company is doubling down on The Biggest Little City.
The new development, tentatively named the Firecreek Crossing Resort-Casino project, will be located on the corner of Kietzke Lane and South Virginia Street. In addition to a…
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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…
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 $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…
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Stock News
CZR: Caesars Entertainment vs. Monarch Casino: Which Casino Stock is a Better Buy?
Monarch Casino & Resort, Inc. (MCRI) owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. On the other hand, Caesars Entertainment, Inc. (CZR) operates as a gaming and hospitality company in the United States. The…
Street Insider
Form 8-K MONARCH CASINO & RESORT For: Feb 09
Monarch Casino & Resort Reports Record 2021 Fourth Quarter Financial Results
RENO, Nev., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq:
MCRI) ("Monarch" or "the Company") today reported record operating results for the fourth quarter and full year ended December 31, 2021, as summarized below:
($ in thousands, except per…
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…
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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…
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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…
Patch
Small Casino And Tavern 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…
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…
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…
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Review Journal
Reno-based Monarch Casinos reports record first-quarter earnings
The company that operates Reno's Atlantis resort reported record net income and cash flow for the quarter that ended March 31.
The company benefited from the phased opening of its Monarch Casino Resorts Spa Black Hawk in Black Hawk, Colorado, in the fourth quarter of 2020.
"We continued market share growth at both of our Reno and Black Hawk…
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