doubledown casino unlimited chips”Industry ResponseIn updated clarification issued today, the Treasury Department now says any business that had revenue from gambling exceeding million in 2019, and enterprises that made at least 50 percent of their income from gambling that same year, are ineligible for PPP money.MGM Resorts International’s (NYSE:MGM) credit rating was confirmed at “Ba3” by Moody’s Investors Service.Bellagio operator MGM is staring down a possible credit downgrade, says Moody’s.little river online casino promo codeSmall 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.Lacking VisibilityCredit raters are proSmall casinos, such as the numerous gaming properties in Deadwood, are not eligible for payroll assistance from the federal government during the coronavirus pandemic.jamul casino shopping event

thunder valley casino roseville california

lucky creek online casino no deposit bonusMoody’s call on MGM comes about three weeks after Fitch downgraded the Mandalay Bay operator, also tagging it with a “negative” outlook.While these changes represent some progress, they fall woefully short of fully addressing antiquated, discriminatory policies that have, to date, restricted small gaming companies from accessing critical loan support made available through the CARES Act,” Miller added.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.island resort and casino shows2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law by the president on March 27.I understand what they mean.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.admiral casino scunthorpe

golden nugget casino promotions

encore casino valet parkingWhile these changes represent some progress, they fall woefully short of fully addressing antiquated, discriminatory policies that have, to date, restricted small gaming companies from accessing critical loan support made available through the CARES Act,” Miller added.“As a result of this half-measure, small gaming businesses that have closed to comply with government orders will continue to be denied access to this critical lifeline to support their employees,” Miller concluded.MGM Resorts International’s (NYSE:MGM) credit rating was confirmed at “Ba3” by Moody’s Investors Service.”Industry ResponseIn updated clarification issued today, the Treasury Department now says any business that had revenue from gambling exceeding million in 2019, and enterprises that made at least 50 percent of their income from gambling that same year, are ineligible for PPP money.The Nevada Gaming Control Board says 265 reported gross gaming revenue of million or more for the year.While these changes represent some progress, they fall woefully short of fully addressing antiquated, discriminatory policies that have, to date, restricted small gaming companies from accessing critical loan support made available through the CARES Act,” Miller added.is firekeepers casino non smoking