Andrew Donner

Access to loans broadened for gaming businesses, but many Nevada taverns still left out

While the SBA originally blocked from a loan any business that derived one third of its annual revenue from legal gambling, the SBA guidelines were revised on Tuesday to allow “small casinos” to qualify for Paycheck Protection Program (PPP) loans as long as gaming revenue made up less than half of total business revenue and was less than $1 million. But the change still leaves most gaming businesses, such as Malone’s, without help.

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