Business
April 26, 2020
AGA Approves of SBA Proposed Changes to Aid Gambling SMEs
Finally, an amendment has been introduced by SBA which would allow small gambling businesses to weather the COVID-19 lockdown and receive federal funding. The Latest PPP Changes Finally Get Approval from AGA Following weeks of pressure and debates, the Small Business Administration (SBA) finally agreed to revise the Paycheck Protection Program (PPP) on Friday, April […]
Casino
April 15, 2020
Updated PPP Will Need Further Changes, Advises AGA
Bill Miller, AGA CEO comments on the most recent guidelines regarding the Paycheck Protection Program. CEO Bill Miller Comments on the Updated PPP Bill Miller CEO of American Gaming Association (AGA) commented on the release of the updated guidelines for the regulation of the Paycheck Protection Program (PPP). The CARES act (Coronavirus Aid, Relief and […]
Legal
April 9, 2020
AGA CEO Asks President Trump to Revise SBA’s PPP Loans for Gaming
Bill Miller, AGA CEO, has urged President Trump backed by members of Congress, to review the relief offered by SBA to small businesses and extended under the PPP loans to include gaming companies. AGA Continues to Criticize SBA Coronavirus Relief Measures The American Gaming Association (AGA) has addressed a letter to US President Donald Trump, […]
Legal
April 5, 2020
AGA Turns to SBA to Amend PPP’s Interim Guidelines to Allow Small Gaming Companies Access
The American Gaming Association /AGA/, the US gaming industry representative body, has expressed its concerns regarding some of the eligibility rules related to one section of the $2 trillion Coronavirus Aid, Relief, and Economic Security /CARES/ Act, the Paycheck Protection Program /PPP/, valued at $349 billion. Under PPP, small businesses that have up to 500 […]
Legal
March 26, 2020
AGA Hails Senate For Passing $2T Economic Aid Package
The American Gaming Association /AGA/ has issued a press release on its website, heaping praise on the US Senate for passing the Coronavirus Aid, Relief, and Economic Security /CARES/ Act, urging the House to move quickly to progress the bill to the President, to ensure the necessary legislation is in place to help prop up […]
Casino
March 24, 2020
Nevada Hardest Hit Employment-Wise Due To Covid-19 Mitigation Measures
The Economic Policy Institute /EPI/, a non-profit, non-partisan think tank organization that focuses on conducting research and analyses of economic data, claims that Nevada will be the most affected state in terms of new unemployment due to the temporary closures of non-essential businesses. Nevada Tops The List Nevada that has significant exposure to the leisure, […]
Casino
March 20, 2020
Casino Closures For Two Months Will Cost $43.5B To The US Economy
The casino industry operators in the US were among the first impacted by the global spread of the coronavirus /Covid-19/, initially starting with the overseas operations in Macau and now culminating in the closure of almost all land-based casinos in the US and the latest press release of the American Gaming Association /AGA/ is a […]
Sports
February 10, 2020
AGA Invites Top Execs for Second Sports Betting Summit in March
The American Gaming Association is inviting top sports betting officials to join the second edition of the Sports Betting Executive Summit. Adam Silver to Headline AGA Sports Betting Summit NBA Commissioner Adam Silver will participate in the upcoming American Gaming Association Sports Betting Executive Summit held on March 16 through March 18 at the MGM […]
Sports
February 6, 2020
AGA: America Puts $13bn on Legal Sports Betting in 2019
As per the latest results released by the American Gaming Association, the United States has seen a total of $13 billion wagered in 2019 with the bulk of all bets focusing on three states. Nevada, New Jersey and Pennsylvania Claim the Bulk of Sports Handle in 2019 The American Gaming Association (AGA) revealed the 2019 […]
Business
January 29, 2020
Betting for 2020 Super Bowl Final Expected to Go through the Roof
The American Gaming Association /AGA/ announced today that the Super Bowl LIV match on February 2 is loaded with huge expectations betting-wise, as a recently conducted survey showed that at least 3 million more adult Americans have strong intentions to place a bet on the game, one way or another. The Survey The survey conducted […]