Monarch Casino & Resort : Annual Stockholder Meeting Presentation - June 2025

MCRI

Published on 06/06/2025 at 13:17

Annual Stockholders' Meeting

June 6, 2025

Monarch Casino & Resort, Inc. (MCRI) Property Highlights

Atlantis Casino Resort Spa is located in south Reno, three miles south of downtown, a more affluent area, and connected by a bridge to the Reno-Sparks Convention Center

Monarch Casino Resort Spa is the first property encountered by visitors arriving from Denver and other major population centers via Highway 119

Continued ramp up of Monarch Casino Resort Spa, including VIP business development

Ongoing capital investments at Atlantis to ensure it retains its competitive advantage

Potential for development on Atlantis' 40-acre parcel of land

Monarch ranked 79thamong the Top 100 on Forbes' 2025 America's Most Successful

Small-Cap Companies list

No long-term debt

1Q25 LTM Net revenue of $526 million, Adjusted EBITDA1of $183 million and Adjusted EBITDA margin of 34.8% (compared to $506 million Net Revenue; $173 million Adjusted EBITDA; and 34.1% Adjusted EBITDA margin during the previous twelve month period)

Source: Monarch Casino & Resort analysis

EBITDA is adjusted for stock option, pre-opening and construction litigation expenses, and one-time charges.

Company History

Reno, NV

First high-rise tower opens

160 rooms

16,000 square feet of casino space

500 slot machines

21 table games

Additional restaurant

Monarch Casino & Resort, Inc. begins trading as a public company with ticker symbol MCRI

Second high-rise tower opens, adding:

283 rooms

14,000 square feet of casino space

450 slot machines

14 table games

300-seat buffet

restaurant

Third high-rise tower opens, adding:

388 rooms

Over 300 slot machines

Several new

restaurants

14,500 square feet of meeting space

Expansion of the casino including:

Large race and sports book

Poker room

Additional restaurant

(Manhattan Deli)

~38,000 square feet expansion of meeting area

Sky Bridge connecting to convention center

~61,000 square feet of

casino space

2025

Atlantis

Completion of 817 all new guest rooms and suites

817 guest rooms and suites

8 restaurants and 10 bars/lounges

~30,000 square foot health spa and salon

~52,000 square feet of

meeting area

Black Hawk, CO

Acquired gaming license for Riviera Black Hawk

32,000 square feet of

casino space

750 slot machines

8 table games

Acquired contiguous 1.5-acre land parcel

Completed redesign and upgrade of existing casino

Completion of new 9-story parking structure

Hotel tower and casino expansion begins

Expansion and redesign and upgrade of the legacy building completed with the opening of our Sportsbook, Bistro Mariposa, and new High-Limit tables area

~60,000 square feet of casino space

516 guest rooms and

suites

4 restaurants and 10 bars/lounges

World-class spa

Banquet and meeting room space

Atlantis Casino Resort Spa Reno

Atlantis Overview

AAA (2025): "Four Diamond" rating for 14thconsecutive year

restaurants consistently ranked in the city's top 10 (out of more than 1,100)

~1,200 slot and video poker machines

~33 table games; 8 poker tables; 24-hour live keno lounge

Race/sports book (self managed live and mobile app)

817 rooms and suites

8 restaurants, 2 gourmet coffee bars, 10 bars/lounges and 1 snack bar

~52,000 square feet of banquet, convention, and meeting space

Disclaimer

Monarch Casino & Resort Inc. published this content on June 06, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 06, 2025 at 17:16 UTC.