---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005197"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T01:58:47.868903+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino Q2 record net revenue $97.7M, adjusted EBITDA $35.2M, diluted EPS $0.93

## Summary
- Q2 net revenue $97.7M, up 544.8% YoY (vs $15.2M) and up 55.7% vs Q2 2019; record for second consecutive quarter.
- Diluted EPS $0.93 vs ($0.24) in Q2 2020; net income $18.1M vs loss $4.3M; record adjusted EBITDA margin 36.0%.
- Debt reduced by $25M in quarter; optional prepayment $22.5M; outstanding term loan $135M, revolver undrawn.
- Black Hawk expansion continues: new poker room opened May 14; conversion of buffet to restaurant/sportsbook/casino space by year-end.
- CEO highlighted market share gains, pent-up demand, labor constraints; exploring acquisition strategies and leveraging additional Reno acreage.

## SEC filing metadata
- accession: 0001171843-21-005197
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184321005197/0001171843-21-005197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184321005197/f8k_072821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005197
- JSON: https://secwatch.observer/filing/0001171843-21-005197.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005197.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.