---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004556"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:45:14.191039+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino & Resort reports record Q2 2023; net revenue up 7.3% to $123.7M, EPS up 15.2%

## Summary
- Net revenue $123.7M (+7.3% YoY), net income $22.4M (+15.3%), diluted EPS $1.14 (+15.2%).
- Adjusted EBITDA $42.1M (+6.8%), margin 34.1%.
- Casino revenue +7.8%, F&B +10.8%, hotel revenue -1.1% due to renovation at Atlantis.
- Declared $0.30/share quarterly dividend payable Sept 15, 2023 to holders of record Sept 1.
- Cash and equivalents $35.1M; credit facility balance $41.0M after $10M principal payment.

## SEC filing metadata
- accession: 0001171843-23-004556
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184323004556/0001171843-23-004556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184323004556/f8k_071923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004556
- JSON: https://secwatch.observer/filing/0001171843-23-004556.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004556.txt

## Key facts
- Earnings Releases
  MONARCH CASINO & RESORT INC reported second quarter ended June 30, 2023 results: revenue $123.7 million, net income $22,413 thousand, EPS $1.14.
  - Period: second quarter ended June 30, 2023
  - Revenue: $123.7 million
  - Net income: $22,413 thousand
  - EPS: $1.14
  - Result: reported results
  source text: position in Black Hawk and a year over year improvement in the operating performance at Atlantis. Net revenue and Adjusted EBITDA grew to all-time second quarter records of $123.7 million and $42.1 million, respectively, resulting in an Adjusted EBITDA margin of 34.1%. “In Black Hawk, we continued to expand market share throughout the quarter, especially in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000117184323004556/0001171843-23-004556-index.htm

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