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In addition to their budding online gambling divisions, brick-and-mortar casinos and other gaming outlets have lately been witnessing increasing foot traffic and generating significant revenues. And some lesser-known casino stocks, such as Golden Entertainment (GDEN), Monarch Casino & Res...
A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions. Companies are increasingly taking actionable steps in tracking and reporting ESG standards to achieve long-term success. The long-term, broader goal is to help kee...
With just two casinos to its name and a $1.25 billion valuation, Monarch Casino & Resort (NASDAQ: MCRI) isn't the southwest U.S.' biggest gambling operator by a long shot. It has, however, carved out a strong niche for itself at its two locations in Black Hawk, Colorado (near De...
RENO, Nev., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the third quarter ended September 30, 2021, as summarized below: ($ in thousands, excep...
MCRI stock is up 168% since our first bullish call in 2016. Shareholder returns have hit 40% in last year alone. Even at $67 a share, it still trades at 44.2% below the fair value estimate from Simply Wall Street. For further details see: Monarch Casino: Moving Closer To...
Since 1928, October has been one of the ugliest months for stock market returns. Although the S&P 500 index has been up 0.4% on average, when the return is negative it is tied as the worst month to be invested, falling an average of 4.7%. This year could be different as COVID-19...
The gambling industry is gaining traction with the easing of travel restrictions and social distancing mandates. Many gambling companies have lately been reporting a significant growth in revenues, to levels higher than their pre-pandemic revenues. Given this backdrop, we think casino stocks ...
Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry 20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver, Appointed Corporate Vice President of Operations RENO, Nev., Aug. ...
Casino traffic is surging after the end of COVID-19 lockdowns, but Monarch Casino & Resort (NASDAQ: MCRI) remains overshadowed in the news by giants such as Caesars Entertainment (NASDAQ: CZR) . Nevertheless, this plucky family owned casino company with a $1.15 billion m...
Monarch Casino & Resort (MCRI): Q2 GAAP EPS of $0.93 beats by $0.21.Revenue of $97.92M (+545.9% Y/Y) beats by $14.47M.Shares +1.4% AH.Press Release For further details see: Monarch Casino & Resort EPS beats by $0.21, beats on revenue
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Denver, CO, July 15, 2024 (GLOBE NEWSWIRE) -- Monarch Casino Resort Spa proudly announces its luxurious Spa Monarch has been nominated for USA Today’s 2024 10Best Readers’ Choice Travel Awards in the Best Hotel Spa category for the second consecutive year. This prestigious recog...
RENO, Nev., July 12, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, July 24, 2024. About Monarch Casino & Resort, Inc. Monarch Casino &am...
2024-06-01 12:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...