Monarch Casino splits its common

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Monarch Casino & Resort Inc.

of Reno has set a 2-for-1 split of its common stock.

Trading will begin on a split-adjusted basis on March 31.

Shareholders of record on March 17 will receive an additional share of Monarch for each they owned at that time.

The stock was trading at $38.27 a share when the split was announced.

Monarch is the parent company of Atlantis Casino Resort.