Tag: Monarch
Best-in-class casinos buoy Monarch, analyst says
Famously media-shy Monarch Casino Resorts CEO John Farahi emerged to meet with Truist Securities analyst Barry Jonas in Denver, Colorado.... more
Wall Street Bets: Monarch Casinos, Caesars, OSB outlook, Sportradar, Genius Sports
Monarch’s customers Barry Jonas of Truist Securities September 22 commented on investor meetings his firm recently had with Monarch... more
Reno casino CEO John Farahi charts a different course than industry peers on growth
As he walked through Reno’s Atlantis Casino & Resort on his way to a corporate meeting a few years ago, CEO John Farahi suddenly... more
Wall Street Bets: New York OSB, Monarch Casino & Resorts, tariffs, foot traffic
New York online sports betting up slightly New York State’s online sports betting was reviewed by J. P. Morgan’s Daniel Politzer on... more
Monarch has ‘monster’ quarter, Truist analyst says
“Macro schmacro,” enthused Truist Securities analyst Barry Jonas about Monarch in a July 16 investor note. He raised his price target... more
Monarch revenue, profit jump in second quarter
Profits at Monarch Casinos & Resorts leapt 19.1 percent in the second quarter, reaching $27 million. The news was disclosed by the... more
Reno: Two guests hit back-to-back jackpots at Atlantis Casino
In an extraordinary turn of events at the Atlantis Casino, two guests achieved the seemingly impossible by hitting back-to-back seven-card... more
Wall Street weighs in on Monarch’s lack of debt
Following Monarch Casino Resorts’s first-quarter earnings release, two Wall Street analysts offered guardedly favorable takes on the... more
Monarch increases revenue and profit in Q1
Monarch Casinos & Resorts reported first-quarter financial results late on April 22. The numbers showed 3.1 percent higher revenue and... more
Colorado: City of Black Hawk first city to join anti-igaming group
It didn’t take much convincing. After a presentation by Jason Gumer, vice chair of the National Association Against iGaming (NAAG) and... more
