{"id":404,"date":"2020-04-03T16:13:44","date_gmt":"2020-04-03T20:13:44","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/gaminglaw\/?p=404"},"modified":"2020-06-11T16:15:44","modified_gmt":"2020-06-11T20:15:44","slug":"interim-regulatory-guidelines-preclude-gaming-businesses-from-receiving-support-under-the-cares-act-paycheck-protection-program","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/gaminglaw\/2020\/04\/03\/interim-regulatory-guidelines-preclude-gaming-businesses-from-receiving-support-under-the-cares-act-paycheck-protection-program\/","title":{"rendered":"Interim Regulatory Guidelines Preclude Gaming Businesses from Receiving Support Under the CARES Act Paycheck Protection Program"},"content":{"rendered":"<p>Much of the U.S. casino industry is currently ineligible to benefit from the Paycheck Protection Program portion of the newly enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). As articulated by Congress, under the CARES Act, the\u00a0<a title=\"Paycheck Protection Program Opens with Updated Guidelines\" href=\"https:\/\/www.duanemorris.com\/alerts\/paycheck_protection_program_opens_updated_guidelines_0420.html\">Paycheck Protection Program<\/a>\u00a0provides loans to any small business, nonprofit organization, veterans\u2019 organization, and\/or tribal business as long as the business has less than 500 employees. The Paycheck Protection Program is one of several tools to provide much needed support for small businesses and their employees experiencing economic distress caused by the COVID-19 crisis.<\/p>\n<p>To read the full text of this Duane Morris <em>Alert<\/em>, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/interim_regulatory_guidelines_preclude_gaming_businesses_receiving_support_cares_act_ppp_0420.html\" target=\"_blank\" rel=\"noopener noreferrer\">visit the firm website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Much of the U.S. casino industry is currently ineligible to benefit from the Paycheck Protection Program portion of the newly enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). As articulated by Congress, under the CARES Act, the\u00a0Paycheck Protection Program\u00a0provides loans to any small business, nonprofit organization, veterans\u2019 organization, and\/or tribal business as long &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/gaminglaw\/2020\/04\/03\/interim-regulatory-guidelines-preclude-gaming-businesses-from-receiving-support-under-the-cares-act-paycheck-protection-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Interim Regulatory Guidelines Preclude Gaming Businesses from Receiving Support Under the CARES Act Paycheck Protection Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[248,246,245,250,249,247],"ppma_author":[271],"class_list":["post-404","post","type-post","status-publish","format-standard","hentry","category-general","tag-cares-act","tag-coronavirus","tag-covid-19","tag-eligibility","tag-loans","tag-paycheck-protection-program"],"authors":[{"term_id":271,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/posts\/404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/comments?post=404"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/posts\/404\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/media?parent=404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/categories?post=404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/tags?post=404"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/gaminglaw\/wp-json\/wp\/v2\/ppma_author?post=404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}