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seminole casino miamiThe 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.A caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling.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.table games casino freeThe 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.“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 tirelg casino lutonessly 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.Small casinos are now eligible for the federal government’s Payroll Protection Program.admiral casino 50 free spins

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free slots invaders planet moolahNow, the SBA says it doesn’t matter how much a small business makes from legal gaming.“This provides the company with ample liquidity to weather the storm and emerge from the pandemic in a favorable position to be opportunistic and potentially consolidate smaller, less well-capitalized operators at attractive prices,” he said.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.Atlantis owner Monarch Casino could be a regional gaming winner.”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.Wall Street was expecting earnings of 29 cents on turnover of .harrah s cherokee casino gambling age