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A Sacramento-area card room was closed by regulators in January. Then it got a PPP loan

Dale Kasler July 16, 2020

California Attorney General Xavier Becerra ordered the shutdown of the Magnolia House Casino in Rancho Cordova, saying card room was “seriously underfunded” and violated other gambling laws.

The federal government’s popular Paycheck Protection Program loans were supposed to be limited to businesses that were clobbered by the shutdown of the economy after the coronavirus pandemic struck in March.

Complete article: A Sacramento-area card room was closed by regulators in January. Then it got a PPP loan