content: <?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>Director</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>36826</noOfUnitsSold>
        <aggregateMarketValue>2506009.30</aggregateMarketValue>
        <noOfUnitsOutstanding>19144139</noOfUnitsOutstanding>
        <approxSaleDate>08/30/2023</approxSaleDate>
        <securitiesExchangeName>NASDAQ</securitiesExchangeName>
      </securitiesInformation>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>09/06/2013</acquiredDate>
        <natureOfAcquisitionTransaction>Stock Award</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>36826</amountOfSecuritiesAcquired>
        <paymentDate>09/06/2013</paymentDate>
        <natureOfPayment>Compensation</natureOfPayment>
      </securitiesToBeSold>
      <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
      <remarks>Selling out of the Shadi Farahi Irrevocable Trust</remarks>
      <noticeSignature>
        <noticeDate>08/30/2023</noticeDate>
        <signature>/s/ Cristina Garcia, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for FARAHI BOB</signature>
      </noticeSignature>
    </formData>
  </edgarSubmission>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 2949}]
text: 144
  0000937326
  XXXXXXXX
  LIVE
  0000907242
  MONARCH CASINO & RESORT INC
  000-22088
  3800 S VIRGINIA STREET
  EXECUTIVE OFFICES
  RENO
  NV
  89502
  775-335-4600
  FARAHI BOB
  Director
  Common
  Fidelity Brokerage Services LLC
  245 Summer Street
  Boston
  MA
  02110
  36826
  2506009.30
  19144139
  08/30/2023
  NASDAQ
  Common
  09/06/2013
  Stock Award
  Issuer
  N
  36826
  09/06/2013
  Compensation
  Y
  Selling out of the Shadi Farahi Irrevocable Trust
  08/30/2023
  /s/ Cristina Garcia, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for FARAHI BOB