2025.11.07
8 casino rd mystic ct“I’ll look at it,” Trump said in response to why smaller casinos in Nevada and elsewhere are being rendered ineligible.Small casinos, such as the numerous gaming properties in Deadwood, are not eligible for payroll assistance from the federal government during the coronavirus pandemic.“The Small Business Administration today released revised regulatory guidelines that will allow additional small businesses that derive revenue from legal gaming to participate in the Paycheck Protection Program (PPP),” said American Gaming Association President Bill Miller.kronos free slot games“As a result of this half-measure, small gaming businesses that have closed to comply with government orders will continue to be denied access to this critical lifeline to support their employees,” Miller concluded.“As Congress seeks to put additional resources behind the PPP, we look forward to working with them to make it clear that ‘we are all in this together’ by rejecting the SBA’s dangerous view that gaming employees don’t deserve assistance during this unprecedented crisis.Moody’s call on MGM comes about three weeks after Fitch downgraded the Mandalay Bay operator, also tagging it with a “negative” outlook.island resort and casino amenities bicycle casino yelplas atlantis casino welcome bonusEach of those businesses cannot receive coronavirus payroll relief.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law by the president on March 27.“I’ll look at it,” Trump said in response to why smaller casinos in Nevada and elsewhere are being rendered ineligible.casino table games”Industry ResponseIn updated clarification issued today, the Treasury Department now says any business that had revenue from gambling exceeding million in 2019, and enterprises that made at least 50 percent of their income from gambling that same year, are ineligible for PPP money.“It’s a great state.“It’s a great state.casino zurich slot machine mountaineer casino mabagelittle river casino phone numberAnti-Gaming PolicyTreasury adds of its decision to bar casinos on the aforementioned conditions, “The Administrator, in consultation with the Secretary, believes this test appfree online slots no download with bonus roundsropriately balances the longstanding policy reasons for limiting lending to businesses primarily and substantially engaged in gaming activity.(Image: CNBC)With US casinos shuttered by the coronavirus, ratings agencies are issuing lower grades on debt issued by gaming operators.Moody’s call on MGM comes about three weeks after Fitch downgraded the Mandalay Bay operator, also tagging it with a “negative” outlook.While these changes represent some progress, they fall woefully short of fully addressing antiquated, discriminatory policies that have, to date, restricted small gaming companies from accessing critical loan support made available through the CARES Act,” Miller added.“As Congress seeks to put additional resources behind the PPP, we look forward to working with them to make it clear that ‘we are all in this together’ by rejecting the SBA’s dangerous view that gaming employees don’t deserve assistance during this unprecedented crisis.”The AGA says Congress should offer equal access to support to all legal businesses.bellagio casino atlanta ga black oak casino new years eve |