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LONG-TERM DEBT (Details)
3 Months Ended
Mar. 31, 2019
USD ($)
Jul. 20, 2016
USD ($)
Jun. 30, 2016
USD ($)
Amended Credit Facility, July 20, 2021      
Long-term debt      
Maximum borrowing capacity $ 250,000,000 $ 250,000,000  
Remaining available borrowings 138,900,000    
Amount in which the maximum borrowing capacity can be permanently reduced 500,000    
Multiple which may be used to permanently reduce the maximum borrowing capacity under the credit facility $ 50,000    
Total leverage ratio 1.8    
Amended Credit Facility, July 20, 2021 | Completion of expansion project at Monarch Casino Black Hawk      
Long-term debt      
Maximum borrowing capacity $ 50,000,000    
Amended Credit Facility, July 20, 2021 | LIBOR      
Long-term debt      
Margin added to variable rate (as a percent) 1.25%    
Variable interest rate (as a percent) 2.50%    
Amended Credit Facility, July 20, 2021 | Minimum      
Long-term debt      
Fixed charge coverage ratio 1.15    
Commitment fee as a percentage of daily average unused revolving commitment 0.175%    
Amended Credit Facility, July 20, 2021 | Minimum | LIBOR      
Long-term debt      
Margin added to variable rate (as a percent) 1.00%    
Amended Credit Facility, July 20, 2021 | Minimum | Base Rate      
Long-term debt      
Margin added to variable rate (as a percent) 0.00%    
Amended Credit Facility, July 20, 2021 | Maximum      
Long-term debt      
Total leverage ratio 4.75    
Commitment fee as a percentage of daily average unused revolving commitment 0.45%    
Amended Credit Facility, July 20, 2021 | Maximum | Completion of expansion project at Monarch Casino Black Hawk      
Long-term debt      
Face amount of debt $ 200,000,000    
Amended Credit Facility, July 20, 2021 | Maximum | LIBOR      
Long-term debt      
Margin added to variable rate (as a percent) 2.50%    
Amended Credit Facility, July 20, 2021 | Maximum | Base Rate      
Long-term debt      
Margin added to variable rate (as a percent) 1.50%    
Credit facility, November 15, 2016      
Long-term debt      
Maximum borrowing capacity     $ 100,000,000
Current borrowing capacity     45,500,000
Mandatory reductions in borrowing capacity     19,500,000
Voluntary reductions in borrowing capacity     $ 35,000,000
Amended Credit Facility, July 20, 2021 | Amended Credit Facility, July 20, 2021      
Long-term debt      
Amount outstanding $ 110,500,000    
Standby Letter of Credit      
Long-term debt      
Amount outstanding 600,000    
Standby Letter of Credit | Amended Credit Facility, July 20, 2021      
Long-term debt      
Amount drawn under the facility $ 0