Tag: Monarch
Analysts split on Monarch’s future
Wall Street analysts had differing takes on Monarch Casinos & Resorts’ trajectory, as evinced by a pair of February 4 investor notes.... more
Monarch reports massive profit increase
Profits for Monarch Casinos & Resorts grew 445 percent in the fourth quarter, ending with the company $22.9 million in the black. The... more
Monarch seeks expansion, but shuns igaming
Following a virtual meeting with Monarch Casinos & Resorts CEO John Farahi, Truist Securities analyst Barry Jonas called the company... more
Wall Street Bets: Monarch Casinos, UAE, New York OSB, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Monarch Casino stocks perform well Barry Jonas... more
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
