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Monarch Casino & Resort, Inc. (MCRI)

NASDAQ Global Select - NASDAQ Global Select Delayed Price. Currency in USD
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34.06-0.18 (-0.53%)
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Monarch Casino & Resort, Inc.

3800 South Virginia Street
Reno, NV 89502
United States
775-335-4600
http://www.monarchcasino.com

SectorServices
IndustryResorts & Casinos
Full Time Employees2,100

Key Executives

NameTitlePayExercisedAge
Mr. John FarahiCo-Chairman, Chief Exec. Officer and Sec.850.5k116.67k69
Mr. Bahram FarahiCo-Chairman, Pres, Co-Chairman of Golden Road and Pres of Golden Road294.08k58.34k66
Mr. Richard L. CooleyVP of Fin. and Treasurer217.65k995.9k70
Mr. David-Jacques FarahiChief Operating Officer373.07kN/A35
Mr. Edwin S. KoenigChief Accounting Officer and Director of Corp. Devel. & Analysis171.75kN/A49
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada; and the Monarch Casino Black Hawk in Black Hawk, Colorado. As of February 22, 2017, its Atlantis Casino Resort Spa featured approximately 61,000 square feet of casino space; 824 guest rooms and suites; 8 food outlets; 2 espresso and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; 2 retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company’s Atlantis Casino Resort Spa also featured approximately 1,450 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. In addition, its Monarch Casino Black Hawk featured approximately 30,000 square feet of casino space, 720 slot machines, 14 table games, a 250 seat buffet-style restaurant, a snack bar, and a nine story parking structure with approximately 1,350 spaces, as well as additional existing valet parking capacity to 1,500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.

Corporate Governance

Monarch Casino & Resort, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 7. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.