Who Owns the Monarch Casino?

In 1992, the Monarch Casino in Black Hawk, Colorado was purchased by a group of Native American investors from California. The new owners renamed the casino “The Monarch” and set about making improvements.

They added a hotel, expanded the gaming floor, and improved the restaurant offerings. The Monarch quickly became one of the most popular casinos in Black Hawk.

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PRO TIP:The Monarch Casino in Black Hawk, Colorado is owned by Monarch Casino & Resort, Inc. The company is publicly traded on the Nasdaq Global Select Market under the ticker symbol MCRI.

In 2000, the Ute Mountain tribe, which owns the nearby town of Towaoc, Colorado, purchased the Monarch Casino. The tribe has continued to invest in the property, adding a second hotel tower and a conference center.

The Monarch remains one of the top casinos in Black Hawk, thanks to its convenient location and wide range of amenities.