Casino Information – Resorts World Catskills In Hassle, No Casinos For Chicago, Tricky Rock Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of the many lavish, revolutionary casinos is on the verge of bankruptcy. Can the Resorts World Catskills be saved still?
Resorts World Catskills On Verge Of Bankruptcy
The upstate casino that is largest in ny is reportedly on the verge of bankruptcy carrying out a couple of years by which it had been unable to generate profits. Based on the report, the Resorts World Catskills was hit with a $36 million loss in the quarter that is last. The organization is seriously considering bankruptcy that is claiming an effort to square away its debts.
The casino’s largest shareholder, the Genting Group, has put forward a proposal to buy out the staying shares of the company from the parent business Empire Resorts. According to an SEC filing by the company that is publicly-traded the $1 billion casino in Monticello suffered operating losses of $73.5 million through the conclusion of June. If Empire Resorts does not take the deal with the Genting Group, it would likely have to declare Chapter11 bankruptcy to be able to negotiate its debts with creditors.
After projecting $300 million in revenue for 2019, the Resorts World Catskills is currently on pace to fall nearly $100 million quick of that mark. It will be interesting to see just what route the Genting Group decides to take continue after the stunning financial revelations.
Highest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An analysis that is independent on potential casinos in the Chicago area has revealed that there is certainly major risk associated with any projects in the town because of the ‘highest effective gaming tax and fee framework in the United States’. Union Gaming Analytics, the company that put together the report, investigated the possible outlook for casinos in the area after Chicago Mayor Lori Lightfoot put forth her idea for a new task. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as prospective casino locations.
A hospital that is decommissioned out a tennis course and a former steel plant as the utmost likely destination for a new casino within the city in line with the Las Vegas-based analytics company. However, the report noted that the location did not matter as the proposed gross tax rate of 72 percent would keep any gambling center from ever getting off the ground. Whether or perhaps not Chicago officials decide to revisit the tax rates in the populous city in wake of the report is another tale altogether. For now, it appears as though any potential casino initiatives in the town will be put on hold, so blackjack players will need certainly to keep searching for a place to relax and play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of the landmark hotel and casino destinations within the Las Vegas will close for eight months beginning in February 2020. The Hard Rock Hotel and Casino will completely power down operations for two-thirds of the season to make substantial modifications to their structures.
While a previous statement by the casino suggested that the renovation period would be limited to four months, that timeline has changed dramatically in accordance with the update that is latest.
NFL Betting: Top Five Games For Week 4 Of The NFL Preseason
The fourth and final week of preseason is upon us. It is typically the one where teams care the minimum as the season that is regular not as much as a couple of weeks away. However, some position battles are still ongoing. Here’s a view five key games to watch on for NFL betting players:
Indianapolis Colts @ Cincinnati Bengals
August 29th, 2019 7:00 PM ET thursday
There is absolutely no way the Colts’ game is going to be as entertaining as last week’s matchup aided by the Chicago Bears. In the end, the news of Andrew Luck’s retirement was tweeted out by ESPN’s Adam Schefter in the center of Saturday night of game, with Luck on the sideline while his teammates and fans slowly learned of the news. It’s potentially devastating news for an Indianapolis side that went from legitimate Super Bowl contender with Luck under center to fringe playoff contender with Jacoby Brissett as the beginner on paper.
Still, there’s some intrigue here as backup quarterback Chad Kelly is quite talented. He’ll play this and might push for starts if Brissett struggles week.
NFL Betting Line: Bengals -3
Philadelphia Eagles @ Brand New York Jets
Thursday August 29th, 2019 7:00 PM ET
Josh McCown went from retired quarterback to throwing for 192 yards and two touchdowns as the starter for the Eagles in last week’s 26-15 loss to the Baltimore Ravens. This week and it will come against his former team while Carson Wentz is still on track to be ready for Philadelphia in playamo withdrawal Week 1, McCown will get another crack at game action. McCown helped mentor quarterback that is second-year Darnold throughout his rookie season. Now he comes back to East Rutherford to relax and play lots of good friends and former teammates.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
One of the most appreciated storylines that NFL betting fans will monitor this week is the Ravens’ potential to finish the preseason with a record that is perfect the 4th year in a row. Baltimore is 16-0 over the final four preseasons, which makes them one of the most fun teams for bettors to follow and root for at the moment of the year. Rookie pick that is sixth-round McSorley went 19-of-28 for 203 yards and two touchdowns in last week’s win over Philadelphia.
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NFL Betting Line: Ravens -6
Los Angeles Rams @ Houston Texans
August 29th, 2019 8:00 PM ET thursday
While Indianapolis suffered the blow that is biggest for the preseason using the news of Luck’s retirement, Houston is dealing with its own issues. The Texans lost running back Lamar Miller to a torn ACL. They likewise have some major issues on the offensive line that they won’t have the ability to fix with the majority of their starters on the sideline.
Week 4 are going to be a significant test for Houston’s backup offensive linemen that need certainly to prepare yourself become called in to action if need for Week 1 of the regular season.
All preseason and that won’t change this week as for the Rams, they have rested their starters.
NFL Betting Line: Texans -2.5
Kansas City Chiefs @ Green Bay Packers
August 29th, 2019 8:00 PM ET thursday
Two teams that have been talked about as potential Super Bowl contenders will satisfy in Week 4 of this preseason hoping them all that they will meet again on the biggest stage of. This game will be about giving the fringe players on the roster one more opportunity to showcase their talents for both teams. The emergence of rookie running straight back Darwin Thompson has made the Chiefs’ running right back situation a tad bit more interesting. Thompson could see at least a couple of snaps once again in Green Bay.
NFL Betting Line: Packers -2
Poker News: Master’s Scheduled Revealed, Ostapchenko Wins Big
This week’s poker news starts with a unveil of the 2019 Poker Masters schedule. We now know one of the keys details of that event, which will include an abundance of opportunities for players to win big.
2019 Poker Masters Schedule Revealed
The next edition of the Purple Jacket chase has been announced. The Poker Masters series tournament will get back with Poker Central announcing that the event will take play in early of this year november. The tournament will play a role that is significant the year-long high roller points chase, which will see one skilled player secure rake-free entries for the quantity of different occasions looking forward to 2020.
The 2019 version of the Poker Masters will require place within the PokerGO Studio outside of ARIA in vegas from November 4-14. This season’s routine will lot look a different than the 2018 edition with this tournament, with more of a focus on the games outside of no-limit hold’em. The one thing that will remain equivalent is the $100,000 Main Event, which will look virtually identical on paper to last year’s main event.
Keep Memory Alive To Host Second Annual Charity Poker Tournament In September
The Keep Memory Alive company will host its Annual that is second Texas Charity Poker Tournament on Friday, September 27, 2019 during the Keep Memory Alive Event Center in Las Vegas. Hosted by the casino legend Jack Binion, every one of the proceeds raised at the event will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital shall utilize the profit its fight against neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, Multiple Sclerosis and ALS.
The tournament will likely be open to anybody 21 and over with a $500 buy-in that is initial. The prize that is first-place was set at $10,000 with several runner-up prizes including fancy trips, expensive jewelry, and exclusive chef dinners.
With plenty of outstanding awards and plenty of money being donated to a cause that is excellent Keep Memory Alive’s annual poker tournament is one of the can’t miss events on this year’s Poker routine in Las Vegas.
Ostapchenko Emerges As Biggest Winner In Parx Bix Stax 30 Event
Andrew Ostapchenko has had a good week. He’s the biggest winner at this year’s Parx Big Stax XXX event.
Ostapchenko was the final man standing in a field of 455 entries in the Big Stax 1100, taking home $97,220 in his first recorded live victory. It was also their career that is second-biggest cash he won over $200,000 in the 2017 World Series of Poker Main Event.
Ostapchenko took a chip that is substantial into the last dining table and didn’t look right back. While he took house the massive $97K first-place reward, he wasn’t the only big winner as every one of the top five finishers in this particular tournament took house well over $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged as the big winner of the Big Stax 2500, raking in $40,000 to their already impressive $1.6 million total in all-time tournament cash earnings.