Casino Information – Resorts World Catskills In Difficulty, No Casinos For Chicago, Intense Rock Vegas Closing For Renos

Casino Information – Resorts World Catskills In Difficulty, No Casinos For Chicago, Intense Rock Vegas Closing For Renos

This week’s casino news starts us of in upstate New York where one of many most 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 largest upstate casino in New York is reportedly in the verge of bankruptcy carrying out a couple of years by which it absolutely was unable to generate profits. Based on the report, the Resorts World Catskills was hit with a $36 million loss in the final quarter. The company is seriously considering claiming bankruptcy in an effort to square away its debts.

The casino’s largest shareholder, the Genting Group, has placed forward a proposal to buy out the remaining shares for 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 finish of June. If Empire Resorts doesn’t take the cope with the Genting Group, it could likely need certainly to file for Chapter11 bankruptcy in order 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 moving forward following stunning financial revelations.

Highest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos

An analysis that is independent on potential casinos into the Chicago area has revealed that there is certainly major danger associated with any projects in the town because of the ‘highest effective gaming tax and fee framework within the United States’. Union Gaming Analytics, the company that built the report, investigated the potential outlook for casinos in the area after Chicago Mayor Lori Lightfoot put forth her idea for a new project. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as potential casino locations.

A hospital that is decommissioned out a tennis course and a former metal plant as the utmost likely destination for the brand new casino within the city in line with the Las Vegas-based analytics company. Nevertheless, the report noted that the location didn’t matter as the proposed gross tax rate of 72 percent would keep any gambling center from ever getting off the ground. Whether or otherwise not Chicago officials opt to revisit the tax rates in the city in wake of the report is another story altogether. For now, it appears as if any casino that is potential in the city will be put on hold, so blackjack players will need certainly to keep exploring for a place to try out.

Hard Rock Las Vegas To Close For Eight Months For Renovations

One associated with the landmark hotel and casino destinations in the Las Vegas will close for eight months starting in February 2020. The Hard Rock Hotel and Casino will totally shut down operations for two-thirds of the season to make changes that are substantial their buildings.

While a previous statement by the casino indicated that the renovation period would be limited to four months, that timeline has changed dramatically based on the update that is latest.

NFL Betting: Top Five Games For 4 Of The NFL Preseason week

The 4th and final week of preseason is upon us. It is typically the one where teams care the minimum as the season that is regular lower than two weeks away. But, some position battles are still ongoing. Here is a have a look at five key games to keep an eye on for NFL players that are betting

Indianapolis Colts @ Cincinnati Bengals

August 29th, 2019 7:00 PM ET thursday

There’s absolutely no way the Colts’ game is as entertaining as last week’s matchup with the Chicago Bears. All things considered, the news of Andrew Luck’s retirement had been tweeted out by ESPN’s Adam Schefter in the exact middle of Saturday night’s game, with Luck on the sideline while his teammates and fans slowly learned of the news. It’s potentially news that is devastating an Indianapolis part 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 back-up quarterback Chad Kelly is quite talented. He’ll play this week and could push for starts if Brissett struggles.

NFL Betting Line: Bengals -3

Philadelphia Eagles @ New York Jets

August 29th, 2019 7:00 PM ET thursday

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. While Carson Wentz is still on course to be prepared for Philadelphia in Week 1, McCown will get another crack at game action this week and it will come against his previous team. McCown helped mentor quarterback that is second-year Darnold throughout his rookie season. Now he returns to East Rutherford to try out a number of friends and teammates that are former.

NFL Betting Line: Jets -3

Baltimore Ravens @ Washington Redskins

Thursday August 29th, 2019 7:30 PM ET

One of the more appreciated storylines that NFL betting fans will monitor this week is the Ravens’ potential to complete the preseason with a record that is perfect the 4th year in a line. Baltimore is 16-0 over the final four preseasons, which makes them among the most teams that are fun bettors to follow and root for at the moment of the season. Rookie sixth-round pick Trace McSorley went 19-of-28 for 203 yards and two touchdowns in last week’s win over Philadelphia.

NFL Betting Line: Ravens -6

Los Angeles Rams @ Houston Texans

Thursday August 29th, 2019 8:00 PM ET

While Indianapolis suffered the blow that is biggest of the preseason because of the news of Luck’s your retirement, Houston is dealing with unique issues. The Texans lost running back Lamar Miller to a torn ACL. They also have some major issues on the line that is offensive they won’t manage to fix with nearly all of their starters on the sideline.

Week 4 are an important test for Houston’s backup offensive linemen that need to be ready to be called in to action if need for Week 1 of the season that is regular.

As for the Rams, they have actually rested their starters all preseason and that won’t change this week.

NFL Betting Line: Texans -2.5

Kansas City Chiefs @ Green Bay Packers

Thursday August 29th, 2019 8:00 PM ET

Two teams which have been talked about as potential Super Bowl contenders will fulfill in Week 4 associated with preseason hoping them all that they will meet again on the biggest stage of. For both groups, this game is about offering the fringe players on the roster one more possibility to showcase their talents. The emergence of rookie running right back Darwin Thompson has made the Chiefs’ running straight back situation a little more interesting. Thompson could see at least a few 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 begins by having a unveil regarding the 2019 Poker Masters schedule. We now know one of the keys details of that event, which will include a lot of opportunities for players to win big.

2019 Poker Masters Schedule Revealed

The edition that is next of Purple Jacket chase has been announced. The Poker Masters series tournament will return 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 should see one skilled player secure rake-free entries for a number of different events searching forward to 2020.

The 2019 edition of the Poker Masters will require place into the PokerGO Studio outside of ARIA in Las vegas, nevada from 4-14 november. This year’s routine will lot look a different than the 2018 edition of the tournament, with more of a focus on the games outside of no-limit hold’em. The single thing that will remain the exact same is the $100,000 Main Event, which will look quite similar in writing to year that is last primary event.

Keep Memory Alive To Host Second Annual Charity Poker Tournament In September

The Keep Memory Alive company will host its second Annual Texas Hold’Em Charity Poker Tournament on Friday, September 27, 2019 at 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 shall be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the money in its combat neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.

The tournament is available to anybody 21 and over with a $500 buy-in that is initial. The prize that is first-place happens to be set at $10,000 with several runner-up prizes including fancy trips, expensive jewelry, and exclusive chef dinners.

With plenty of outstanding rewards and plenty of cash being donated to an excellent cause, 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 week that is good. He’s the biggest winner at this present year’s Parx Big Stax XXX event.

Ostapchenko was the last man standing in a field of 455 entries in the Big Stax 1100, using home $97,220 in his first recorded live victory. It was also his second-biggest job cash after he won over $200,000 in the 2017 World group 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 home the massive $97K first-place reward, he wasn’t the only big winner as each of the top five finishers in this particular tournament took house up to $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged once 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.


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