---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010928"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:31:57.965859+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino annual meeting elects directors, approves say-on-pay, adopts 1-year frequency

## Summary
- Stockholders elected Bob Farahi (13M for) and Yvette Landau (14M for) to board until 2025.
- Say-on-pay proposal approved: 16,194,861 for, 213,683 against, 674,691 abstain.
- Advisory frequency vote: 10,156,404 for 1-year, 6,402,758 for 3-year; 1-year adopted.
- 89.3% of outstanding shares (17,083,235) were represented at the meeting.

## SEC filing metadata
- accession: 0001558370-23-010928
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000155837023010928/0001558370-23-010928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000155837023010928/mcri-20230522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010928
- JSON: https://secwatch.observer/filing/0001558370-23-010928.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010928.txt

## Key facts
- Shareholder Votes
  MONARCH CASINO & RESORT INC shareholders approved Advisory vote on executive compensation at the 2023-05-22 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: Proposal 2 – Stockholders approved, on a non-binding advisory basis, the executive compensation as disclosed in the 2023 proxy statement of the Company's named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000155837023010928/0001558370-23-010928-index.htm
- Shareholder Votes
  MONARCH CASINO & RESORT INC shareholders approved Election of directors at the 2023-05-22 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: Proposal 1 – Stockholders elected the following two directors nominated by the board of directors, each to serve until the 2025 annual meeting of stockholders and until his or her successor is elected and qualified, or until such director's earlier death, resignation or removal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000155837023010928/0001558370-23-010928-index.htm
- Shareholder Votes
  MONARCH CASINO & RESORT INC shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-05-22 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: Proposal 3 – Stockholders approved, on a non-binding advisory basis, that future "say-on-pay" votes be held every year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000155837023010928/0001558370-23-010928-index.htm

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