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north lake tahoe casinos hotels(Image: South Dakota Department of Revenue)President Donald Trump and Treasury Secretary Steven Mnuchin have been pressed on the details of the PPP, which came through the .2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law by the president on March 27.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. 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. They do a great job, so I’m going to look at it very strongly. free online slots no sign upEach of those businesses cannot receive coronavirus payroll relief.“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.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.“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.Anti-Gaming PolicyTreasury adds of its decision to bar casinos on the aforementioned conditions, “The Administrator, in consultation with the Secretary, believes this test appropriately balances the longstanding policy reasons for limiting lending to businesses primarily and substantially engaged in gaming activity.”The AGA says Congress should offer equal access to support to all legal businesses.“As Congress seeks to put additional resources behindriverwind casino event center zrtb 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 I want to be clear, it’s not small casinos.”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,riverwind casino event center zrtb are ineligible for PPP money.In Nevada, there were 316 gaming locations at the end of 2019. 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. free online slots egt

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