Company generates highest-ever quarterly level of revenue in 32 year history
In the third quarter of 2025, Monarch Casino & Resort, owner of Monarch Casino in Black Hawk, Colorado, and the Atlantis Casino Resort, delivered all-time record quarterly financial results. Net revenue increased 3.6 per cent year-over-year to $142.8m, reflecting growth in casino, food and beverage, and hotel revenues.
On a year-over-year basis, Monarch improved casino, food and beverage, and hotel expense margins reflecting our focus on marketing initiatives, streamlining processes, and utilizing technology. Adjusted EBITDA increased 8.3 per cent year-over-year to an all-time quarterly record of $54.8m. Adjusted EBITDA margin increased by approximately 170 basis point to 38.4 per cent in the third quarter of 2025 from 36.7 per cent in the third quarter of 2024.
John Farahi, Co-Chairman and Chief Executive Officer of Monarch, commented: “At Atlantis in Reno, we remain committed to the ongoing enhancement of the property to ensure that we consistently deliver a fresh, high-quality product to our guests. We believe that our elevated product, combined with exceptional guest service, will continue to drive increased guest visitation and sustained revenue growth.
“At Monarch Black Hawk, revenue growth during the third quarter was primarily driven by another period of market share gains. We believe, that the property’s position as the premier luxury casino resort in Colorado will continue to attract mid-to-upper-tier guests from the Denver and Boulder metro areas and support its future growth.”
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Company generates highest-ever quarterly level of revenue in 32 year history In the third quarter of 2025, Monarch Casino & Resort, owner of Monarch Casino in Black Hawk, Colorado, and the Atlantis Casino Resort, delivered all-time record quarterly financial results. Net revenue increased 3.6 per cent year-over-year to $142.8m, reflecting growth in casino, food and beverage,…
The post Monarch Casino on a roll with all-time record quarterly results appeared first on G3 Newswire.