<SEC-DOCUMENT>0001959173-23-000861.txt : 20230504
<SEC-HEADER>0001959173-23-000861.hdr.sgml : 20230504
<ACCEPTANCE-DATETIME>20230504165912
ACCESSION NUMBER:		0001959173-23-000861
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230504
DATE AS OF CHANGE:		20230504

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MONARCH CASINO & RESORT INC
		CENTRAL INDEX KEY:			0000907242
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				880300760
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	000-22088
		FILM NUMBER:		23889774

	BUSINESS ADDRESS:	
		STREET 1:		3800 S VIRGINIA STREET
		STREET 2:		EXECUTIVE OFFICES
		CITY:			RENO
		STATE:			NV
		ZIP:			89502
		BUSINESS PHONE:		775-335-4600

	MAIL ADDRESS:	
		STREET 1:		3800 S VIRGINIA STREET
		STREET 2:		EXECUTIVE OFFICES
		CITY:			RENO
		STATE:			NV
		ZIP:			89502

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FARAHI BOB
		CENTRAL INDEX KEY:			0000937326

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		MONARCH CASINO & RESORT INC
		STREET 2:		3800 S. VIRGINIA STREET
		CITY:			RENO
		STATE:			NV
		ZIP:			89502
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000937326</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000907242</issuerCik>
      <issuerName>MONARCH CASINO &amp; RESORT INC</issuerName>
      <secFileNumber>000-22088</secFileNumber>
      <issuerAddress>
        <com:street1>3800 S VIRGINIA STREET</com:street1>
        <com:street2>EXECUTIVE OFFICES</com:street2>
        <com:city>RENO</com:city>
        <com:stateOrCountry>NV</com:stateOrCountry>
        <com:zipCode>89502</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>775-335-4600</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>FARAHI BOB</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>AFFILIATE</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>245 Summer Street</com:street1>
          <com:city>BOSTON</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02110</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>65000</noOfUnitsSold>
      <aggregateMarketValue>4405700.00</aggregateMarketValue>
      <noOfUnitsOutstanding>19122289</noOfUnitsOutstanding>
      <approxSaleDate>05/04/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>08/09/2013</acquiredDate>
      <natureOfAcquisitionTransaction>STOCK OPTION EXERCISE</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>50000</amountOfSecuritiesAcquired>
      <paymentDate>08/09/2013</paymentDate>
      <natureOfPayment>COMPENSATION</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON</securitiesClassTitle>
      <acquiredDate>03/07/2022</acquiredDate>
      <natureOfAcquisitionTransaction>STOCK AWARD</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>15000</amountOfSecuritiesAcquired>
      <paymentDate>03/07/2022</paymentDate>
      <natureOfPayment>COMPENSATION</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>5,000 SHARES SOLD BY THE SANAM FARAHI IRREV TRUST
5,000 SHARES SOLD BY THE SHADI FARAHI IRRVOC TR
5,000 SHARES SOLD BY THE SAHAR FARAHI IRRVOC TR
50,000 SHARES SOLD BY BAHRAM FARAHI</remarks>
    <noticeSignature>
      <noticeDate>05/04/2023</noticeDate>
      <signature>/s/ Cristina Garcia as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Bahram Farahi</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
