when did aliante casino openSmall 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.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.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.casino golden palace tubizeIts Atlantis in Reno has been shuttered for more than a month, and the same is true of is bovada casino fairthe company’s Centennial State property.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.A caveat in the initial bill excluded companies that derive more than one-third of their revenue from gambling.mohegan sun casino in connecticut

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oxford downs casinoSmall 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.”The company is trying to get a temporary certificate of occupancy from the town of Black Hawk.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.soaring eagle casino weatherNow, the SBA says it doesn’t matter how much a small business makes from legal gaming.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.Conversely, those that don’t favor real estate sales as a means of boosting cash say the move creates a new liability for the seller in the form of what are usually lengthy leases.black bear casino duluth

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boomtown casino fort mcmurray(Image: Elk Valley Casino)Under the .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.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.“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.Wall Street was expecting earnings of 29 cents on turnover of .Selling real estate to boost cash holdings is common in the gaming industry.tropicana casino resort laughlin