Monarch Casino & Resort, Inc. filings document the financial reporting, governance, and capital-return disclosures of a Nasdaq-listed casino resort operator. Recent Form 8-K reports record operating results under results of operations and financial condition, attach earnings releases, and disclose cash dividend actions on the company’s common stock.
The company’s definitive proxy materials cover governance and executive compensation matters, including compensation tables, option-award disclosures, and pay-versus-performance data. Together, the filings provide formal records for Monarch’s operating performance, shareholder distributions, equity-based compensation, public-company governance, and disclosure controls as they relate to its Atlantis and Monarch Black Hawk casino resort businesses.
MONARCH CASINO & RESORT INC (MCRI) reported that CEO, director and large shareholder John Farahi, through his Foundation account, sold 5,000 shares of common stock on September 17, 2026 at $124 per share. Following this sale, he held 611,556 shares directly and 2,521,415 shares indirectly in trusts.
Farahi also reported multiple outstanding options to acquire MCRI common stock at exercise prices between $43.24 and $95.70 per share, with expiration dates from November 1, 2029 through December 31, 2035. No Rule 10b5-1 trading plan is reported for this transaction.
MONARCH CASINO & RESORT INC (MCRI) received a Rule 144 notice indicating an intention to sell up to 5,000 shares of its common stock. The shares are held at Wells Fargo Clearing Services and are expected to be sold on NASDAQ around September 16, 2026 with an aggregate market value of $617,345.23.
The notice is filed for the account of John Farahi, with a remark that the shares were sold from the John and Catherine Farahi Family Foundation. The client originally acquired the shares via IPO on August 22, 2013, an open market purchase on March 4, 2014, and executive compensation on January 1, 2020. The filing states that 17,922,521 shares of the issuer’s common stock are outstanding.
Monarch Casino & Resort, Inc. reported solid growth for the quarter ended June 30, 2026. Net revenues rose to $142.6 million from $136.9 million, and net income increased to $32.5 million from $27.0 million. Diluted EPS was $1.78 versus $1.44.
For the first six months of 2026, net revenues were $279.1 million and net income was $60.1 million, with diluted EPS of $3.30 compared with $2.50 a year earlier. Casino, food and beverage, hotel and other revenues all grew, with particularly strong hotel performance driven by higher occupancy, higher room rates and lower hotel expense margins.
Income from operations reached $38.6 million for the quarter and $73.6 million year‑to‑date, while depreciation declined as Black Hawk expansion assets became fully depreciated. Operating cash flow was $79.2 million in the first half, funding $12.4 million of capital spending, $10.7 million of cash dividends and $17.5 million of share repurchases.
The balance sheet remained conservative with $138.3 million of cash, no borrowings under a $100.0 million credit facility and stockholders’ equity of $576.8 million. Monarch recorded a $79.6 million liability related to construction litigation with PCL Construction Services, Inc., is appealing a $74.6 million judgment, and continues to incur related interest and professional fees.
Monarch Casino & Resort, Inc. reported record second-quarter 2026 results, with net revenue of $142.6 million, up 4.2% year-over-year, driven by growth in casino, food and beverage, and hotel revenue. Net income rose to $32.5 million, a 20.4% increase, and diluted EPS grew 23.6% to $1.78, aided by a lower effective tax rate from excess tax benefits on stock-based compensation. Adjusted EBITDA reached $53.0 million, with an adjusted EBITDA margin of 37.2%.
Cash and cash equivalents were $138.3 million as of June 30, 2026, with no borrowings under the credit facility. Capital expenditures of $5 million were funded from operating cash flow. The company returned $5.4 million via a quarterly cash dividend of $0.30 per share in June and declared another $0.30 per-share dividend payable on September 15, 2026, as part of a planned annual dividend of $1.20 per share. The results include ongoing construction litigation expenses and related accruals alongside a previously entered $74.6 million judgment that the company is appealing.
Monarch Casino & Resort Inc. director Hope S. Taitz received a grant of options to buy 6,100 shares of common stock. The options have an exercise price of $131.61 per share, become exercisable on December 31, 2026, and expire on June 30, 2036. Following this grant, she holds 6,100 derivative securities directly.
Monarch Casino & Resort CAO Edwin S. Koenig received a grant of options to buy 5,000 shares of common stock at an exercise price of $131.61 per share. These options become exercisable on June 30, 2029 and expire on June 30, 2036, reflecting compensation rather than an open-market trade.
After this award, Koenig holds options covering a total of 20,001 shares, including earlier grants with exercise prices between $66.17 and $86.44 per share that expire from 2031 through 2035.
Monarch Casino & Resort director Craig F. Sullivan reported a new grant of options to buy 6,100 shares of common stock at an exercise price of $131.61 per share. These options become exercisable on December 31, 2026 and expire on June 30, 2036. Following this award, he directly holds 6,100 common shares and 42,700 options in total.
Monarch Casino & Resort director Paul Andrews reported a new stock option grant and updated holdings. He received options to buy 6,100 shares of Common Stock at an exercise price of $131.61 per share, exercisable from December 31, 2026 and expiring on June 30, 2036. After this grant, he holds options covering a total of 57,900 shares across multiple strike prices and expirations, plus 5,000 shares of Common Stock held directly. The filing reflects compensation-related awards rather than open-market buying or selling.
Monarch Casino & Resort CEO John Farahi reported an open-market sale of 5,000 shares of common stock at $120.84 per share. After this trade, he holds 616,556 shares directly. In addition, 2,521,415 shares are held indirectly in trusts.
Farahi also has several option awards outstanding, each giving the right to buy 66,666 or 66,668 shares of common stock at exercise prices ranging from $43.24 to $95.70 per share, with expiration dates between 2029 and 2035. These positions show a substantial remaining equity stake alongside the recent sale.
Monarch Casino & Resort, Inc. reported results of its Annual Meeting of Stockholders held on May 27, 2026. A total of 15,683,618 shares, representing 88.4% of shares outstanding as of the record date, were present or represented by proxy, indicating strong participation.
Stockholders elected John Farahi, Craig F. Sullivan and Paul Andrews to serve as directors until the 2028 annual meeting, and elected Hope S. Taitz to serve until the 2027 annual meeting. Stockholders also approved, on a non-binding advisory basis, the executive compensation of the company’s named executive officers as disclosed in its 2026 proxy statement.