free online slots 100 lionsSmall casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside 9 billion for the PPP.Analyst Sees Lots to LikeWhile Monarch confronts the same coronavirus headwinds as its larger rivals, DeCree believes the company’s strong balance sheet is an advantage.jackson rancheria to black oak casinoAfter 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.Selling real estate to boost cash holdings is common in the gaming industry.Now, the SBA says it doesn’t matter how much a small business makes from legal gaming.draftkings casino winners

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downstream casino upcoming eventsBut analysts are divided on whether the moves are practical.“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.(Image: Elk Valley Casino)Under the .seminole casino concertsThe 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.(Image: YouTube)The Reno-based company owns just two casinos – the Atlantis Casino-Resort in its home market and the Monarch Casino Black Hawk in the Colorado town of the same name.“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.resorts world casino kartrite

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