secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2021-10-25T23:59:59+00:00
Accession:  0001171843-21-007121
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184321007121/0001171843-21-007121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184321007121/f8k_102521.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007121

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