
Monarch Casino & Resort, Inc. (MCRI) owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. On the other hand, Caesars Entertainment, Inc. (CZR) operates as a gaming and hospitality company in the United States. The company operates casinos, dining venues, bars, nightclubs, lounges, hotels, and entertainment venues.
The COVID-19 pandemic-led restrictions proved to be a massive hurdle for the casino industry, as physical casinos were forced to remain closed. However, companies providing online casino services were able to generate significant returns. Along with the rising demand for online casinos, the reopening of physical casinos with the increasing legalization of gambling should drive the industry’s growth in the upcoming months. According to Research and Markets, the global online gambling market is expected to reach $112.09 billion in 2025, growing at a CAGR of 12%. Therefore, both MCRI and CZR should benefit.