WASHINGTON- The Trump administration revised guidelines on Friday to allow small casinos impacted by the coronavirus pandemic to receive small business loans. The Small Business Administration (SBA) announced that size-eligible legal, small gaming entities can participate in the Paycheck Protection Program (PPP).

In the initial package, businesses that received more than one-third of their gross annual revenue from legal gambling activities were ineligible for loans. PPP is now poised to receive an injection of $310 billion after the initial $349 billion was disbursed in less than two weeks.

The American Gaming Association (AGA) celebrated the revised guidelines, noting the industry group has been working “tirelessly” to change the policy.

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