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lake tahoe harrah s house for saleMoody’s call on MGM comes about three weeks after Fitch downgraded the Mandalay Bay operator, also tagging it with a “negative” outlook.“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.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.online casino canada real money reviewsWhile 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.”But on Monday, Mnuchin stated, “There are such things as small taverns and restaurants that have literally, small gaming things, and we are coming out with some additional guidance on that.Small casinos remain ineligible for coronavirus relief through the Small Business Administration’s Paycheck Protection Program (PPP), despite recent amendments from the US Treasury Department.mgm casino vegas restaurants

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harrah s cherokee casino job openings(Image: CNBC)With US casinos shuttered by the coronavirus, ratings agencies are issuing lower grades on debt issued by gaming operators.”The AGA says Congress should offer equal access to support to all legal businesses.But I want to be clear, it’s nofree slots bonust small casinos.In Nevada, there were 316 gaming locations at the end of 2019.MGM’s grade has “speculative elements” and “is subject to substantial credit risk.”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.chumba casino payment methods