Monarch Casino & Resort reported record third quarter 2026 financial results, with net revenue climbing to $146.3 million behind steady growth across gaming and hospitality segments. The company maintained high operational efficiency with an Adjusted EBITDA margin of 38.3% and zero debt on its credit facility.
Key Highlights
- Casino revenue increased 3.4% year-over-year to $82.8 million, while food and beverage revenue rose 1.3% to $34.3 million.
- The company aggressively returned $37 million to stockholders through open-market repurchases of 300,859 shares and paid $5.3 million in dividends.
- Liquidity remains strong with cash and equivalents reaching $137.4 million, though the company continues to appeal a $74.6 million litigation judgment related to its Black Hawk construction.