Monarch Casino & Resort reported net revenue of $142.8 million for the third quarter of 2025, up 3.6% year on year. The supplied text gives no further results detail.
Monarch’s reported quarterly revenue growth gives investors a measure of its performance.
Quarter ended 30 September 2026
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Jefferies analyst David Katz said casino investors should focus on operating efficiency, highlighting earnings per room at Las Vegas Strip operators. Wynn Resorts is expected to generate $180,000 in room-level EBITDA this year, compared with estimated figures of $83,000 for Caesars Entertainment and $77,000 for MGM Resorts International.
Churchill Downs is considering selling nine regional casinos, a process it disclosed with its second-quarter results on 29 July. Truist Securities analyst Barry Jonas said tribal operators and private equity could be interested, while naming Boyd Gaming and Monarch Casino as potential bidders; neither company has publicly expressed interest. The venues may be sold individually or in small groups, and Jonas said a deal is unlikely before later this year.
Churchill Downs is exploring the sale of nine regional casinos, and Truist Securities analysts said several prospective buyers could emerge as the process advances. The company disclosed the plan when it reported second-quarter results on 29 July.
IEQ Capital purchased 8,978 Monarch Casino & Resort shares in Q2 for approximately $1.18m, citing an SEC filing. The holding represents roughly 0.05% of the casino operator.
Analysts at Jefferies, Texas Capital Securities, J. P. Morgan and Truist Securities reviewed Las Vegas Sands, Boyd Gaming and Monarch Casino results in notes dated 20–27 July. Jefferies said Las Vegas Sands’ Macau EBITDA was 27% below its estimate on revenue 9% below; Boyd’s second-quarter EBITDAR beat one analyst’s forecast by 3%, while Monarch’s Q2 EBITDA fell slightly short.
It was reported that Monarch Casino & Resort restated its interest in strategic acquisitions while releasing Q2 results. The company did not identify potential targets or provide further transaction details.