Gambling Industries

Businesses and organizations in the Gambling Industries industry (NAICS code 7132, part of the Arts, Entertainment, and Recreation sector) received 2,518 PPP loans totaling $509.1M during the COVID-19 pandemic.

The average loan for this industry was $202,178 — above the national PPP average of approximately $67,000. This reflects the relatively large size of many businesses in this sector, which tend to have higher payroll costs and more employees.

96.3% of loans in this industry were forgiven — totaling $476.9M. To qualify for forgiveness, borrowers had to demonstrate that they maintained headcount and compensation levels and used at least 60% of loan proceeds for payroll expenses.

Notable recipients in this industry include JAMUL INDIAN VILLAGE DEVELOPMENT CORP of JAMUL, CA ($6,863,265); NG WASHINGTON II of LAS VEGAS, NV ($5,487,193); and TWENTYNINE PALMS ENTERPRISES CORPORATION of COACHELLA, CA ($5,262,400).

The loan amount distribution for this industry shows a more even spread across loan sizes, suggesting a mix of small and mid-sized businesses. Because borrower names are withheld for loans under $150,000, a substantial portion of recipients in this industry may not appear by name in this dataset.

As part of the broader Arts, Entertainment, and Recreation sector — performing arts, sports, museums, amusement parks, and gambling industries. — businesses in NAICS 7132 were particularly impacted by the pandemic-era shutdowns and capacity restrictions that drove many businesses to apply for emergency relief.