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bellagio casino logoMonarch 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.The 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.But analysts are divided on whether the moves are practical.free slot games vegas worldAfter 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.The initial 9 billion in PPP funding has already been exhausted.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.encore casino login

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golden nugget casino creditSmall 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.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.01 million.slot casino 888The Union Gaming analyst has a “buy” rating on Monarch running aces casino slot machinesstock, with a price target of , implying upside of 45 percent from Thursday’s close.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 running aces casino slot machinesthe company’s Centennial State property.clearwater casino deli

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free slots 50 lionsWall Street was expecting earnings of 29 cents on turnover of .That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.s one of the smallest publicly traded gaming companies by market value – just 6 million – but it has massive upside potential in the eyes of some analysts.“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.viejas casino promotions

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