casino resorts kansasSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations. After being pressed by the gaming industry, the SBA amended the PPP regulations to permit companies that generate up to half of their income from gaming. But analysts are divided on whether the moves are practical. coushatta casinosSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations. After being pressed by the gaming industry, the SBA amended the PPP regulations to permit companies that generate up to half of their income from gaming. Atlantis owner Monarch Casino could be a regional gaming winner. free slots casino royale

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nearest casino near atlanta gaIts Atlantis in Reno has been shuttered for more than a month, and the same is true of the company’s Centennial State property.The impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week. After being pressed by the gaming industry, the SBA amended the PPP regulations to permit companies that generate up to half of their income from gaming. That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.In addition to owning all of its real estate, MCRI had one of the best balance sheets in gaming, coming into the pandemic with 2.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.Selling real estate to boost cash holdings is common in the gaming industry. borgata casino reservationsThose in favor of liquidating casino property holdings argue operators aren’t real estate companies, and selling property creates a near-term influx of capital while moving risk off the balance sheet. Now, the SBA says it doesn’t matter how mred stag casino no deposit bonus codeuch a small business makes from legal gaming.“In the nearly one month since the CARES Act was enacted to provide economic relief to blunt the impact of the COVID-19 pandemic, the American Gaming Association and our allies have fought tirelessly to correct the Small Business Administration’s antiquated policy that precluded gaming companies from qualifying for loans through the Paycheck Protection Program,” said AGA President Bill Miller.“We are pleased that the new regulatory guidelines (Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name. silver oak casino sign up bonus

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la roulette casino strategieSmall casinos are now eligible for the federal government’s Payroll Protection Program. Small casinos are now eligible for the federal government’s Payroll Protection Program. Monarch Casino & Resort (NASDAQ:MCRI) is one of the smallest publicly traded gaming companies by market value – just 6 million – but it has massive upside potential in the eyes of some analysts. I am not in a position yet to begin reopening our state and jump-starting our economy,” the governor continued. Atlantis owner Monarch Casino could be a regional gaming winner. Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.That updated conditions still excluded many small casinos throughout the country. sunset station casino addreb