<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
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    <submissionType>144</submissionType>
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      <filer>
        <filerCredentials>
          <cik>0000937318</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
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  <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 JOHN</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Wells Fargo Clearing Services</name>
        <address>
          <com:street1>One North Jefferson Avenue</com:street1>
          <com:city>St. Louis</com:city>
          <com:stateOrCountry>MO</com:stateOrCountry>
          <com:zipCode>63103</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>2000</noOfUnitsSold>
      <aggregateMarketValue>209011.36</aggregateMarketValue>
      <noOfUnitsOutstanding>18466406</noOfUnitsOutstanding>
      <approxSaleDate>07/22/2025</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/01/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2000</amountOfSecuritiesAcquired>
      <paymentDate>01/01/2020</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>The 2,000 shares were sold from the John and Catherine Farahi Family Foundation.  The client acquired the shares via IPO, Open Market Purchase and Executive Compensation.</remarks>
    <noticeSignature>
      <noticeDate>07/22/2025</noticeDate>
      <signature>John Farahi</signature>
    </noticeSignature>
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144
0000937318
XXXXXXXX
LIVE
0000907242
MONARCH CASINO & RESORT INC
000-22088
3800 S VIRGINIA STREET
EXECUTIVE OFFICES
RENO
NV
89502
775-335-4600
FARAHI JOHN
Officer
Common
Wells Fargo Clearing Services
One North Jefferson Avenue
St. Louis
MO
63103
2000
209011.36
18466406
07/22/2025
NASDAQ
Common
01/01/2020
Compensation
Issuer
N
2000
01/01/2020
N/A
Y
The 2,000 shares were sold from the John and Catherine Farahi Family Foundation.  The client acquired the shares via IPO, Open Market Purchase and Executive Compensation.
07/22/2025
John Farahi