LEGAL MATTERS	9 Months Ended
Sep. 30, 2019
LEGAL MATTERS
LEGAL MATTERS	NOTE 10. LEGAL MATTERS: On August 30, 2019, PCL Construction Services, Inc. (“PCL”) filed a complaint in District Court, City and County of Denver, Colorado, against the Company and its Colorado subsidiaries, in connection with the Company’s expansion plans for Monarch Casino Black Hawk. The complaint alleges, among other things, the defendants breached the construction contract with PCL and certain implied warranties. The Company intends to vigorously defend the action and plans to file appropriate counterclaims against PCL in due course. This action is in the preliminary stages and we are currently unable to determine the probability of the outcome or reasonably estimate the loss or gain, if any. During the third quarter of 2019, we recognized $0.2 million in construction litigation expense relating to this lawsuit. From time to time, we may be subject to other legal proceedings and claims in the ordinary course of business. Management believes that the amount of any reasonably possible or probable loss for such other known matters would not have a material adverse impact on our financial conditions, cash flows or results of operations; however, the outcome of these actions is inherently difficult to predict.

LEGAL MATTERS

9 Months Ended

Sep. 30, 2019

NOTE 10. LEGAL MATTERS:

On August 30, 2019, PCL Construction Services, Inc. (“PCL”) filed a complaint in District Court, City and County of Denver, Colorado, against the Company and its Colorado subsidiaries, in connection with the Company’s expansion plans for Monarch Casino Black Hawk. The complaint alleges, among other things, the defendants breached the construction contract with PCL and certain implied warranties. The Company intends to vigorously defend the action and plans to file appropriate counterclaims against PCL in due course.

This action is in the preliminary stages and we are currently unable to determine the probability of the outcome or reasonably estimate the loss or gain, if any.

During the third quarter of 2019, we recognized $0.2 million in construction litigation expense relating to this lawsuit.

From time to time, we may be subject to other legal proceedings and claims in the ordinary course of business. Management believes that the amount of any reasonably possible or probable loss for such other known matters would not have a material adverse impact on our financial conditions, cash flows or results of operations; however, the outcome of these actions is inherently difficult to predict.