aliante casino covidAnalyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.Monarch CEO John Farahi said the COVID-19 outbreak is slowing some of the company’s construction plans in Colorado, “and we do not yet have a definitive timeline for the property opening.Small casinos are now eligible for the federal government’s Payroll Protection Program.viejas casino age requirementA caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.winstar world casino kid friendly

online blackjack real money 18+

morongo casino menu“We are pleased that the new regulatory guidelines released today make small gaming companies eligible for this critical program just as Congress has replenished its funding,” Miller added.“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 tirelg casino lutonessly 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.34 million.is coushatta casino open yetDealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.s 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.black hawk casino number

encore gambling casino

downstream casino rv parkFor the first three months of the year, the regional gaming operator earned 11 cents a share on revenue of .Atlantis owner Monarch Casino could be a regional gaming winner.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.The initial 9 billion in PPP funding has already been exhausted.Selling real estate to boost cash holdings is common in the gaming industry.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.is mountaineer casino open today