Monarch Casino revenue rises to record $146.3 million in Q3 as profit reaches $32 million

Monarch Casino & Resort reported a 2.4% increase in third-quarter net revenue to a record $146.3 million , supported by higher gaming, hotel, and food and beverage revenue across its properties in Nevada and Colorado. Net income increased 1.4% to $32 million, while adjusted EBITDA rose 2.1% to $56 million. The casino operator ended the quarter on September 30 with $137.4 million in cash and cash equivalents and no outstanding borrowings under its credit facility, providing liquidity as it continues to assess potential acquisitions.