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oxford casino barA caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.But this week, Congress apprborgata online casino login“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.Small 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.sunset station casino sports book

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eldorado casino reno buffetThe 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.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.Small casinos are now eligible for the federal government’s Payroll Protection Program.Atlantis owner Monarch Casino could be a regional gaming winner.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.That updated conditions still excluded many small casinos throughout the country.chinook winds casino non smoking