gold coast casino reservations(Image: CNBC)With US casinos shuttered by the coronavirus, ratings agencies are issuing lower grades on debt issued by gaming operators.Small businesses are able to receive forgivable loans up to million through the Small Business Administration so long as at least 75 percent of the money is used to continue paying employees.Small casinos remain ineligible for coronavirus relief through the Small Business Administration’s Paycheck Protection Program (PPP), despite recent amendments from the US Treasury Department.encore casino parking“I’ll look at it,” Trump said in response to why smaller casinos in Nevada and elsewhere are being rendered ineligible.”The AGA says Congress should offer equal access to support to all legal businesses.But that confirmation came with a “negative” outlook, indicating the Mirage operator isn’t yet out of the woods when it comes to a downgrade.casino near me age requirement

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casino near me las vegasI understand what they mean.They do a great job, so I’m going to look at it very strongly.I understand what they mean.harrah s casino open“As Congress seeks to put additional resources behind the PPP, we look forward to working with them to make it clear that ‘we are all in this together’ by rejecting the SBA’s dangerous view that gaming employees don’t deserve assistance during this unprecedented crisis.The Nevada Gaming Control Board says 265 reported gross gaming revenue of million or more for the year.Lacking VisibilityCredit raters are promgm grand greektown casino

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choctaw casino poteauThe confirmation of the company’s Ba3 corporate family rating (CFR) reflects MGM’s good liquidity, including sizable cash balances, aided by revolver drawdowns, and the ability to withstanfree online slots no download with bonus roundsd a meaningful but temporary cash burn from weakened operating performance and facility closures related to the coronavirus,” said Moody’s in a note obtained by Casino.Small casinos, such as the numerous gaming properties in Deadwood, are not eligible for payroll assistance from the federal government during the coronavirus pandemic.“As Congress seeks to put additional resources behind the PPP, we look forward to working with them to make it clear that ‘we are all in this together’ by rejecting the SBA’s dangerous view that gaming employees don’t deserve assistance during this unprecedented crisis.”But on Monday, Mnuchin stated, “There are such things as small taverns and restaurants that have literally, small gaming things, and we are coming out with some additional guidance on that.“As Congress seeks to put additional resources behind the PPP, we look forward to working with them to make it clear that ‘we are all in this together’ by rejecting the SBA’s dangerous view that gaming employees don’t deserve assistance during this unprecedented crisis.“The Small Business Administration today released revised regulatory guidelines that will allow additional small businesses that derive revenue from legal gaming to participate in the Paycheck Protection Program (PPP),” said American Gaming Association President Bill Miller.ruby slots promo codes