riverwind casino covid vaccineSmall 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.That diminutive footprint isn’t keeping some on Wall Street from being enthusiastic about the stock.valley forge casino night clubDealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.Atlantis owner Monarch Casino could be a regional gaming winner.“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.king slots free slots casino

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red stag casino withdrawal reviews 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.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.2x net leverage at year-end,” said Union Gaming analyst John DeCree in a note to clients today.golden nugget casino no deposit bonus“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.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.For the first three months of the year, the regional gaming operator earned 11 cents a share on revenue of .clearwater casino concerts 2020

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seminole casino guitarIts 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.The initial 9 billion in PPP funding has already been exhausted.34 million.Small casinos are now eligible for the federal government’s Payroll Protection Program.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.Those in favor of liquidating casino property holdings argue operators aren’t real estate companies, and selling property creates a near-term influx of capital while moving risk off the balance sheet.bellagio casino tripadvisor