Amendment 77 Helps Colorado By Keeping Revenue at Home

Monarch Casino Resort Spa COO David Farahi is Excited About the Economic Opportunities Enabled by Amendment’s Passage

Monarch Casino Resort Spa is very excited about the passage of Amendment 77, a change allowing Colorado’s three gaming cities to vote to increase betting limits and add new games like baccarat.

“This amendment gives local communities the keys to rev up their economic engines,” said David Farahi, Chief Operating Officer for Monarch Casino Resort Inc. (Nasdaq: MCRI).

The City of Black Hawk’s new ability to raise betting limits and add new games like baccarat grows the revenue pie for the industry, the state of Colorado, and all its funding beneficiaries, from Community Colleges to History Colorado.

In addition, Amendment 77 is expected to help boost travel and tourism jobs, increase revenues for restaurants, hotels, and casinos, which are the lifeblood of these small towns. The most important element of Amendment 77 is it helps keep gaming revenue here in Colorado instead of putting it in other state’s coffers.

Monarch Casino Resort Spa is in the final stages of building its brand-new resort, spa, and expanding its gaming space. The Monarch Casino Resort Spa is ideally positioned to offer Coloradans the benefits Amendment 77 offers.

Contact us
Diane Mulligan PR Contact, M&C Communications | on behalf of Monarch Casino Resort Spa
Diane Mulligan PR Contact, M&C Communications | on behalf of Monarch Casino Resort Spa
About Monarch Casino Resort Spa

Monarch Casino & Resort, Inc. acquired the Monarch Casino Black Hawk, the first casino encountered by visitors arriving from Denver on Highway 119, in April 2012. The first phase of the property’s expansion occurred in November 2020, including the opening of the first 8 floors of a brand new 23-story hotel tower, featuring 200 hotel rooms. The expansion now pushes Monarch’s casino space over 60,000 square feet, featuring over 900 slot machines, table games (temporarily closed due to COVID-19 restrictions), a 350 seat buffet-style restaurant, a 24-hour restaurant, grab and go coffee stand, 5,000 square feet of conference space and a parking structure with approximately 1,350 parking spaces. Once completed, the Monarch Casino Resort Spa expansion will include a 23-story hotel tower with 516 guest rooms and suites, an upscale spa and pool facility, five total restaurants, additional bars and associated support facilities.

About Monarch Casino & Resort, Inc.

Monarch Casino & Resort, Inc. (NASDAQ: MCRI), was incorporated in 1993 and through its wholly-owned subsidiaries, owns and operates the four diamond Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Black Hawk (formerly the Riviera Black Hawk Casino) in Black Hawk, Colorado, approximately 40 miles west of Denver. For additional information, visit

Monarch Casino Resort Spa
488 Main Street
Black Hawk, CO 80422