---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-007121"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2021-10-25T23:59:59+00:00"
generated_at: "2026-06-28T18:40:19.806972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino Q3 net rev $111.6M (+86.5% YoY), Adj EBITDA $40.3M record, diluted EPS $1.15

## Summary
- Net revenue $111.6M (86.5% YoY increase); net income $22.3M (+107.7%); diluted EPS $1.15 (+101.8%).
- Adjusted EBITDA $40.3M (94.9% YoY increase); record 36.1% margin for second consecutive quarter.
- Black Hawk ramp-up drives growth; legacy facility transformation to add ~25% casino space, 35% restaurant seating by year-end.
- Colorado table game bet limit removal and Baccarat addition increased high-value player visitation.
- Made $27M in Term Loan principal payments; no borrowings on $70M revolver; evaluating acquisition opportunities.

## SEC filing metadata
- accession: 0001171843-21-007121
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2021-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184321007121/0001171843-21-007121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184321007121/f8k_102521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-007121
- JSON: https://secwatch.observer/filing/0001171843-21-007121.json
- Plain text: https://secwatch.observer/filing/0001171843-21-007121.txt

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