Monarch Casino & Resort posts 20% net revenue rise for Q3

Monarch Casino & Resort has reported $133.7m in Q3 net revenue, a 20% year-on-year increase. This top-line growth trickled down, leading to improved financial results across the board. Monarch’s adjusted EBITDA experienced a 28% rise, going from $40.3m to $51.7m and setting a new quarterly record. Similarly, Monarch’s net income increased to $27.5m, up 23% year-on-year. Meanwhile, on a nine-month basis, the company has likewise ...