Monarch Casino & Resort Inc
NASDAQ:MCRI
Gross Margin
Monarch Casino & Resort Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Monarch Casino & Resort Inc
NASDAQ:MCRI
|
1.4B USD |
54%
|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
31.2B GBP |
48%
|
|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
41.2B AUD |
59%
|
|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
25.8B USD |
46%
|
|
| SE |
|
Evolution AB (publ)
STO:EVO
|
172.1B SEK |
0%
|
|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
16.6B USD |
38%
|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
122.7B HKD |
38%
|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
112.7B HKD |
40%
|
|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10B Zac |
70%
|
|
| US |
|
MGM Resorts International
NYSE:MGM
|
9.5B USD |
46%
|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
8.9B USD |
44%
|
Monarch Casino & Resort Inc
Glance View
Monarch Casino & Resort Inc., nestled in the thriving gaming landscape of Reno, Nevada, and expanding into the serene ambiance of Black Hawk, Colorado, masterfully navigates the hospitality and entertainment sectors. The company, with a penchant for crafting memorable guest experiences, orchestrates a symphony of opulence and thrill within its properties. At the heart of its operations are the Atlantis Casino Resort Spa in Reno and Monarch Casino Resort Spa in Black Hawk, each serving as a pillar of luxury and adventure. These properties blend state-of-the-art gaming amenities with lavish accommodations, gourmet dining, and rejuvenating spa services. Monarch’s strategy revolves around the seamless integration of these elements, creating a robust ecosystem that keeps guests engaged and satisfied, thereby driving repeat visits and building a loyal clientele. The company’s revenue streams emerge from two primary veins: gaming and non-gaming services. Gaming remains the crown jewel, with casinos bustling with various table games, slot machines, and sports betting options, all designed to lure in enthusiasts and tourists alike. However, Monarch’s astute management recognizes that entertainment and lodging are central to maximizing foot traffic and patron spending. Thus, it complements its gaming operations with a blend of hotel services, high-end dining experiences, and conference facilities, ensuring a diversified revenue palette. By balancing these components, Monarch crafts a multifaceted business model that encapsulates the essence of a full-scale resort offering, positioning itself sustainably in the competitive casino industry by continuously enhancing guest satisfaction through superior service and innovative ventures.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Monarch Casino & Resort Inc's most recent financial statements, the company has Gross Margin of 53.8%.
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