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casino slot jackpot videosCompanies making more than 50 percent of their revenue, as well as any business that made million in 2019 from gaming, remained disqualified.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.In addition to owning all of its real estate, MCRI had one of the best balance sheets in gaming, coming into the pandemic with 2.casino poker table legs2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.Atlantis owner Monarch Casino could be a regional gaming winner.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.river spirit casino buffet

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sycuan casino instagramThe 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.Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.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.Dealing With a Rough ClimateLike its larger rivals, Monarch is contending with temporary property shutdowns forced by the coronavirus.Small 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 Union Gaming analyst has a “buy” rating on Monarch running aces casino slot machinesstock, with a price target of , implying upside of 45 percent from Thursday’s close.peppermill casino utah

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