doubledown casino twitterAfter 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.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.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.scarlet pearl casino biloxi phone number(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.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.Its Atlantis in Reno has been shuttered for more than a month, and the same is true of lake tahoe casino covid restrictionsthe company’s Centennial State property.casino saratoga ny

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nearest casino atlanta gaWall Street was expecting earnings of 29 cents on turnover of .That updated conditions still excluded many small casinos throughout the country.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.free online slots no deposit bonus2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.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.royal ace casino free spins 2021

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how to win at cache creek casinoDealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.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.Its Atlantis in Reno has been shuttered for more than a month, and the same is true of lake tahoe casino covid restrictionsthe company’s Centennial State property.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.Small casinos are now eligible for the federal government’s Payroll Protection Program.But analysts are divided on whether the moves are practical.miami club casino sister