seneca niagara casino discount code34 million.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Selling real estate to boost cash holdings is common in the gaming industry.casino roulette calculatorDealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.(Image: Elk Valley Casino)Under the .Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.free slots egt

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harrahs cherokee nc casinoMonarch 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.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.Wall Street was expecting earnings of 29 cents on turnover of .captain jack casino 100 free spins01 million.(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.The initial 9 billion in PPP funding has already been exhausted.online gambling unblocked

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poker tables casinoThe impact of the coronavirus closures on Monarch’s top and bottom lines is evident, as highlighted by the company’s first-quarter results revealed earlier this week.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.“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 tirelrunning aces casino slot machinesessly 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.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.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.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.admiral casino interview questions