Monarch Casino Posted Fourth Quarter 2009 Revenue
Filed in Monarch Casino (MCRI) on Feb. 26, 2010
Monarch Casino & Resorts Inc released financials today for a busy fourth quarter 2009 reporting revenue down 3% to $31.9 million.
Monarch Casino (MCRI) in the News
Monarch Casino & Resorts, Inc. is a company that owns the Atlantis Casino Resort Spa in Reno, Nevada. The resort is owned through Monarch's subsidiary, Golden Road Motor Inn., and is based in Reno. In addition to the resort, the company also has ownership of business dealings inside Atlantis. They have restaurants, retail stores, banquet space, meeting, and convention space. They have an entertainment center, and a full service casino. The casino is home to a poker room, slots, and other table games. The company also owns a sports book. The Co-Chairman and Chief executive Officer of Monarch is Mr. John Farahi, with Mr. Bob Fahari as the other Co-Chairman. The company was founded in 1972.
Latest Monarch Casino Company Stock News
Monarch Out Of Compliance With Listing Rules
Filed in Monarch Casino (MCRI) on Feb. 12, 2010
Monarch Casino & Resort, Inc. have received notice from the Nasdaq Stock Market that they are in violation of listing rules 5605(b)(1) and 5605(c)(4)(A), after reporting that Charles Scharer, an independent member of the board of directors and member of the company’s audit committee had resigned on January 25.
Monarch Casino Releases First Quarter Figures
Filed in Monarch Casino (MCRI) on Apr. 24, 2009
Monarch Casino and Resort announced first-quarter results show a decline in revenue of 4.9 percent from the same quarter last year. While dropping from the previous year, the numbers were actually significantly better than gaming industry analyst predictions.
Monarch Casino Earnings Off by Ninety Percent
Filed in Monarch Casino (MCRI) on Feb. 27, 2009
Monarch Casino and Resort returned its Fourth-quarter report yesterday, and results were predictably dow. Earnings per share fell to three cents, and income slipped under a million dollars, a drop of over eighty percent in each category.
Monarch Casino Returns Healthy Quarterly Report
Filed in Monarch Casino (MCRI) on Jan. 29, 2009
Monarch Casino and Resort, Incorporated, issued its quarterly income statement this week, and the numbers were a pleasant surprise.
Forbes Puts Monarch Casino in 200 Best Small Companies
Filed in Monarch Casino (MCRI) on Jan. 19, 2009
Monarch Casino and Resort (MCRI: 8.64 +3.10%) has achieved the distinction of making Forbes magazine’s top 200 small companies in which to invest. The gambling operator runs the Atlantis Casino in Reno, Nevada.
Forbes placed Monarch Casino as number 176 on the list, noting its twelve percent net margin and relatively high return on investment, coming [...]
