Casino traffic is surging after the end of COVID-19 lockdowns, but Monarch Casino & Resort (NASDAQ:MCRI) remains overshadowed in the news by giants such as Caesars Entertainment (NASDAQ:CZR). Nevertheless, this plucky family owned casino company with a $1.15 billion market cap shows a healthy growth trajectory in its latest results. But with news about the delta variant, there’s one potential landmine lurking in its balance sheet potential investors should be aware of.
Monarch is cashing in on multiple trends
First and foremost among Monarch’s positive attributes, it’s bringing home the bacon in terms of both the top and bottom line. Even among companies rebounding from pandemic lows, its 544.8% leap in revenue from $15.16 million in…
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