{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-006298","form_type":"8-K","ticker":"MCRI","cik":"0000907242","company_name":"MONARCH CASINO & RESORT INC","filed_at":"2023-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.352320+00:00","generated_at":"2026-06-09T22:17:12.716068+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Monarch Q3 net revenue down 0.6% YoY; net income down 12.1%; declares $0.30 dividend","bullets":["Q3 net revenue $133.0M vs $133.7M YoY; net income $24.2M, diluted EPS $1.23, down 12.8%.","Adjusted EBITDA $49.2M, down 4.8% YoY; margin 37.0%.","Casino and hotel revenues declined 4.0% and 0.9% respectively; F&B up 5.3%.","Dividend of $0.30/share declared, payable Dec 15, 2023 to holders of record Dec 1, 2023.","Litigation with PCL Construction ongoing; trial recessed and set to resume Nov 20, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-006298","json":"https://secwatch.observer/filing/0001171843-23-006298.json","markdown":"https://secwatch.observer/filing/0001171843-23-006298.md","text":"https://secwatch.observer/filing/0001171843-23-006298.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/907242/000117184323006298/0001171843-23-006298-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/907242/000117184323006298/f8k_101823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:17:12.716068+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"497b1d341649014e6d76bd205cc0e70c65b873b7","claim":"MONARCH CASINO & RESORT INC reported third quarter ended September 30, 2023 results: revenue $133.0 million, net income $24,163 (in thousands) per table, EPS $1.23 per diluted share.","evidence_excerpt":"our operating results were negatively impacted by competitive pressure in Reno and the current macroeconomic environment. Third quarter net revenue and Adjusted EBITDA were $133.0 million and $49.2 million, respectively, leading to an Adjusted EBITDA margin of 37.0%. “At Monarch Black Hawk, we are working to further expand market share among mid-to-upper tier","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/907242/000117184323006298/0001171843-23-006298-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$133.0 million"},{"label":"Net income","value":"$24,163 (in thousands) per table"},{"label":"EPS","value":"$1.23 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}