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morongo casino gas stationThe 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.Selling real estate to boost cash holdings is common in the gaming industry.Companies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.Analysts and investors view Monarch’s Centennial State property as integral to the operator’s efforts to increase revenue and cash flow.“In the nearly one month since the CARES Act was enacted to provide economic relief to blunt the impact of the COVID-19 pandemic, the American Gaming Association and our allies have fought tirellake tahoe casino covid restrictionsessly to correct the Small Business Administration’s antiquated policy that precluded gaming companies from qualifying for loans through the Paycheck Protection Program,” said AGA President Bill Miller.Wall Street was expecting earnings of 29 cents on turnover of .no deposit bonus captain jack casino

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