hard rock casino jobs cincinnatiAfter 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. (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. ing. chukchansi casino reviews(Image: Elk Valley Casino)Under the .2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP. ing. “We need to see more progress, and more slowing, before we can begin those considerations.”slot machine doubledown casino

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casino 4kSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations. 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. slot machine free slot gamesNow, the SBA says it doesn’t matter how mseneca niagara casino parking garageuch 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 Those 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. But analysts are divided on whether the moves are practical. pai poker casino game crobword clue

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