<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001085146-24-000804</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000887777</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>common stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>02/27/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000907242</issuerCik>
        <issuerName>MONARCH CASINO &amp; RESORT INC</issuerName>
        <issuerCusip>609027107</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>3800 S VIRGINIA STREET</ns1:street1>
          <ns1:street2>EXECUTIVE OFFICES</ns1:street2>
          <ns1:city>RENO</ns1:city>
          <ns1:stateOrCountry>NV</ns1:stateOrCountry>
          <ns1:zipCode>89502</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>DAVENPORT &amp; Co LLC</reportingPersonName>
      <citizenshipOrOrganization>VA</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>838739</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>858637</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>858737</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>4.8</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>MONARCH CASINO &amp; RESORT INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>3800 S VIRGINIA STREET, EXECUTIVE OFFICES, RENO, NEVADA
89502</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>DAVENPORT &amp; Co LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>P O BOX 85678
RICHMOND, Virginia
23285-5678</principalBusinessOfficeOrResidenceAddress>
        <citizenship>DAVENPORT &amp; Co LLC - VIRGINIA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>858,737</amountBeneficiallyOwned>
        <classPercent>4.8</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>DAVENPORT &amp; Co LLC - 838,739</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>DAVENPORT &amp; Co LLC - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>DAVENPORT &amp; Co LLC - 858,637</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>DAVENPORT &amp; Co LLC - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>DAVENPORT &amp; Co LLC</reportingPersonName>
      <signatureDetails>
        <signature>Stefanie Boykin</signature>
        <title>Stefanie Boykin, Compliance Manager</title>
        <date>03/04/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>Stefanie Boykin</signatureComments>
  </formData>
</edgarSubmission>
