Monarch Casino & Resort, Inc.
Monarch Casino & Resort, Inc. (NASDAQ: MCRI) is trading at $117.74, about ₹11,294 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.26% today. Indian residents can buy Monarch Casino & Resort from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$115.85
Today's high
$118.94
52 week low
$88.13
52 week high
$135.93
MCRI opened at $118.64, closed previously at $118.05, and has traded between $88.13 and $135.93 over the past 52 weeks.
About
Monarch Casino & Resort, Inc. (MCRI) is a company that, through its various subsidiaries, owns and manages two prominent hotel and casino destinations: the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk located in Black Hawk, Colorado. As of December 31, 2021, the Atlantis Casino Resort Spa presented a wide array of facilities. Its gaming area extended across approximately 61,000 square feet, featuring roughly 1,400 slot and video poker machines, alongside around 37 table games, including popular choices such as blackjack, craps, and roulette. The property also housed a race and sports book, an always-open live keno lounge, and a dedicated poker room. Beyond the gaming, Atlantis offered 818 guest accommodations, eight distinct dining establishments, and two gourmet coffee and pastry shops. For wellness and events, there was a 30,000 square-foot health spa and salon complete with an indoor pool, two retail outlets selling apparel and gifts, an 8,000 square-foot family entertainment zone, and about 52,000 square feet designated for banquets, conventions, and meetings. MCRI's other significant establishment, the Monarch Casino Resort Spa Black Hawk in Colorado, similarly boasts an impressive range of amenities. This property provides approximately 60,000 square feet of gaming space, equipped with around 1,100 slot machines and 40 table games. Guests have access to ten bars and lounges, four dining options, and 516 guest rooms and suites. Other features include dedicated spaces for banquets and meetings, an on-site retail shop, an exclusive concierge lounge, and a premium spa and pool complex. For convenience, the resort offers a nine-story parking structure with capacity for about 1,350 vehicles, augmented by valet services, bringing the total parking availability to approximately 1,500 spaces. Established in 1972, Monarch Casino & Resort, Inc. maintains its corporate headquarters in Reno, Nevada.
Key statistics
Avg. volume
166.91K
Market cap
$2.11B
P/E Ratio
18.48
Price-to-sales ratio
3.76
Enterprise value
$1.98B
Free cash flow yield
7.31%
Debt-to-equity ratio
0.02
Return on equity
20.63%
ROIC
18.56%
Beta
1.34
Dividend yield
1.02%
Last dividend
$1.20
Financial overview
Revenue
$545.13M
Earnings per share
$5.55
Free cash flow
$128.43M
Net profit margin
20.40%
Gross margin
45.84%
EBITDA
$185.82M
Revenue growth
4.39%
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This is not an investment recommendation
How to buy Monarch Casino & Resort from India
Indian residents can buy Monarch Casino & Resort shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Monarch Casino & Resort and place an order
Find Monarch Casino & Resort by name or by its ticker, MCRI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Monarch Casino & Resort trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Monarch Casino & Resort position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Monarch Casino & Resort from India
Trading and taxes when buying Monarch Casino & Resort from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Monarch Casino & Resort’s current yield is 1.02%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Monarch Casino & Resort stock?
Yes. Monarch Casino & Resort (MCRI) has been listed on NASDAQ since 1993, in the Gambling, Resorts & Casinos industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Monarch Casino & Resort share cost in rupees?
One Monarch Casino & Resort share is $117.74 — about ₹11,294 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Monarch Casino & Resort price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Monarch Casino & Resort from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Monarch Casino & Resort with less than the price of one share?
Yes. A whole Monarch Casino & Resort share is $117.74, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Monarch Casino & Resort shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Monarch Casino & Resort price. Paasa issues a capital-gains statement for your return.
Does Monarch Casino & Resort pay a dividend, and how is it taxed in India?
Yes. Monarch Casino & Resort pays a dividend and the current yield is 1.02%; the last declared dividend was $1.20 per share, about ₹115.10. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Monarch Casino & Resort from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Monarch Casino & Resort shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Monarch Casino & Resort shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Monarch Casino & Resort holding, its cost and its closing value.
How do I sell Monarch Casino & Resort and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.