river spirit casino mapMonarch 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.For the first three months of the year, the regional gaming operator earned 11 cents a share on revenue of .Small casinos are now eligible for the federal government’s Payroll Protection Program.peppermill reno casino floorBut 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.The initial 9 billion in PPP funding has already been exhausted.play borgata online casino

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four winds casino gladys knight2x 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.The initial 9 billion in PPP funding has already been exhausted.admiral casino peterborough2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.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.las vegas casino roulette table minimums

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island view casino directionsSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.Small casinos are now eligible for the federal government’s Payroll Protection Program.Analyst 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.doubledown casino install