motel 6 near mohegan sun casinoSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.encore casino masksAtlantis owner Monarch Casino could be a regional gaming winner.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.“We are pleased that the new regulatory guidelines released today make small gaming companies eligible for this critical program just as Congress has replenished its funding,” Miller added.call twin river casino

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borgata online casino app pa(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 goal is to make the first five floors of the hotel and some floors in a new tower available for guest use when Colorado signs off on reopening gaming venues.“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.poker flats casinoBut analysts are divided on whether the moves are practical.But analysts are divided on whether the moves are practical.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.black lotus casino bonus codes april 2021

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winstar world casino and resort dallasAnalyst 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.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.01 million.Selling real estate to boost cash holdings is common in the gaming industry.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.But this week, Congress apprlake tahoe lakeside casino