MCRI Monarch Casino and Resort Inc

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
OMB APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * FARAHI BOB	2. Issuer Name and Ticker or Trading Symbol MONARCH CASINO & RESORT INC [ MCRI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) President
(Last)          (First)          (Middle) MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 3/16/2020
(Street) RENO, NV 89502 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	3/16/2020		P		5000	A	$20.11	398265	D
Common Stock								435000	I	Trust1
Common Stock								434626	I	Trust2
Common Stock								100000	I	Trust3

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options / Right to Buy	$43.24							11/1/2022	11/1/2029	Common Stock	33333		245674	D
Options / Right to Buy	$39.82							11/1/2021	11/1/2028	Common Stock	33334		245674	D
Options / Right to Buy	$45.32							11/1/2020	11/1/2027	Common Stock	33333		245674	D
Options / Right to Buy	$23.08							11/1/2019	11/1/2026	Common Stock	33333		245674	D
Options / Right to Buy	$17.62							10/21/2018	10/21/2025	Common Stock	33334		245574	D
Options / Right to Buy	$12.32							10/21/2017	10/21/2024	Common Stock	33334		245674	D
Options / Right to Buy	$21.71							10/21/2016	10/21/2023	Common Stock	33334		245674	D
Options / Right to Buy	$9.33							10/21/2014	10/21/2021	Common Stock	12339		245674	D

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
FARAHI BOB MONARCH CASINO & RESORT INC 3800 S. VIRGINIA STREET RENO, NV 89502	X		President

Signatures
Bob Farahi		3/26/2020
**Signature of Reporting Person		Date