2024.07.18
sycuan casino weatherBut analysts are divided on whether the moves are practical. Its 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. For the first three months of the year, the regional gaming operator earned 11 cents a share on revenue of .01 million. seminole casino websiteAfter 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. Now, the SBA says it doesn’t matter how mcoushatta casino check cashinguch 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 “We need to see more progress, and more slowing, before we can begin those considerations.”morongo casino phone number online poker cash gameroulette casino reglesing. ing. Small businesses, defined as having 500 or fewer employees, were eligible to apply for forgivable loans (up to million) so long as they use at least 75 percent of the money to continue paying workers.A caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling. black oak casino updateIts 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. But analysts are divided on whether the moves are practical. 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. casino boston ma wynn las vegas casino marketinghallmark casino codes(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. But analysts are divided on whether the moves are practical. Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations. Conversely, those that don’t favor real estate sales as a means of boosting cash say the move creates a new liability for the seller in the form ocoushatta casino check cashingf what are usually lengthy leases.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus. Atlantis owner Monarch Casino could be a regional gaming winner. Small casinos are now eligible for the federal government’s Payroll Protection Program. soaring eagle casino directions online casino highest payout |