Casino News – Resorts World Catskills In Problem, No Casinos For Chicago, Tough Rock Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of many most luxurious, innovative casinos is on the verge of bankruptcy. Can the Resorts World Catskills still be conserved?
Resorts World Catskills On Verge Of Bankruptcy
The largest upstate casino in New York is reportedly on the verge of bankruptcy carrying out a few years by which it had been unable to generate profits. According to 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 shareholder that is largest, the Genting Group, has placed forward a proposition to buy out the staying shares associated with the company from the parent company 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 end of June. If Empire Resorts doesn’t take the handle the Genting Group, it could likely need to declare Chapter11 bankruptcy in order to negotiate its debts with creditors.
After projecting $300 million in revenue for 2019, the Resorts World Catskills is on pace to fall nearly $100 million brief of that mark. It will be interesting to see what route the Genting Group decides to take moving forward after the stunning revelations that are financial.
Finest Gaming Tax Construction 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 major danger associated with any projects in the town because of the ‘highest effective gaming tax and fee structure in the United States’. Union Gaming Analytics, the company that put together the report, investigated the potential perspective for casinos in the area after Chicago Mayor Lori Lightfoot supply her idea for the project that is new. Union Gaming Analytics was paid $100,000 to review five potential sites in Chicago as potential casino locations.
A decommissioned hospital edged out a golf course and a former steel plant as the most likely destination for the brand new casino into the city based on the Las Vegas-based analytics company. However, the report noted that the location didn’t matter as the proposed gross tax rate of 72 percent would keep any gambling facility from ever getting off the ground. Whether or otherwise not Chicago officials choose revisit the taxation rates in the populous city in wake of the report is another tale completely. For now, it appears as though any casino that is potential in the town will be put on hold, so blackjack players will have to keep searching for the place mr green casino pl to try out.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of this landmark hotel and casino locations into the Las Vegas will close for eight months beginning in February 2020. The Hard Rock Hotel and Casino will entirely power down operations for two-thirds of the year in order to make substantial modifications to their buildings.
While a previous announcement by the casino indicated that the renovation period would be limited to four months, that timeline changed dramatically according to the latest improvement.
NFL Betting: Top Five Games For Week 4 Of The NFL Preseason
The 4th and final week of preseason is upon us. It’s typically the one where teams care the minimum as the season that is regular significantly less than fourteen days away. Nevertheless, some position battles are still ongoing. Listed here is a look at five key games to watch on for NFL players that are betting
Indianapolis Colts @ Cincinnati Bengals
Thursday August 29th, 2019 7:00 PM ET
There is no real way the Colts’ game will likely be as entertaining as last week’s matchup with all the Chicago Bears. Most likely, the news of Andrew Luck’s retirement was tweeted down by ESPN’s Adam Schefter in the center of Saturday night’s 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 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 @ Brand 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. This week and it will come against his former team while Carson Wentz is still on track to be ready for Philadelphia in 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 try out a number of buddys and former teammates.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
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 row. Baltimore is 16-0 over the last four preseasons, which makes them one of the most teams that are fun bettors to follow and root for at the moment of the year. 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
August 29th, 2019 8:00 PM ET thursday
While Indianapolis suffered the blow that is biggest regarding the preseason aided by the news of Luck’s your retirement, Houston is dealing with unique issues. The Texans lost running back Lamar Miller to a torn ACL. There is also some major issues on the unpleasant line that they won’t be able to fix with most of their starters on the sideline.
Week 4 will be an important test for Houston’s backup offensive linemen that need certainly to be ready 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
Thursday August 29th, 2019 8:00 PM ET
Two teams which have been talked about as potential Super Bowl contenders will meet in Week 4 of this preseason hoping that they will satisfy again on the biggest stage of them all. For both teams, this game will be about giving the fringe players on the roster one more opportunity to showcase their talents. The emergence of rookie running back Darwin Thompson has made the Chiefs’ running right 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 reveal associated with the 2019 Poker Masters schedule. We now know the main element information on that event, which will include plenty 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 get back with Poker Central announcing that the event will simply take play in very 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 amount of different occasions looking forward to 2020.
The 2019 version of the Poker Masters takes place into the PokerGO Studio outside of ARIA in Las vegas, nevada from 4-14 november. This year’s schedule will look a lot different than the 2018 edition of this tournament, with additional of a focus on the games outside of no-limit hold’em. The one thing that will remain similar is the $100,000 Main Event, which will look much the same written down to last year’s main occasion.
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 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 use the money in its fight neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament is going to be open to anybody 21 and over with a $500 buy-in that is initial. The first-place reward payout 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 prizes and plenty of money being donated to a cause that is excellent Keep Memory Alive’s annual poker tournament is amongst 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 received a week that is good. He is the biggest winner at this season’s Parx Big Stax XXX event.
Ostapchenko was the final man standing in a field of 455 entries in the Big Stax 1100, taking house $97,220 in his first recorded live victory. It was additionally his career that is second-biggest cash he won over $200,000 in the 2017 World number of Poker Main Event.
Ostapchenko took a substantial chip lead into the final dining table and didn’t look right back. While he took home the massive $97K first-place prize, he wasn’t the just big winner as each of the top five finishers in this specific competition took house up to $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged as the big winner of the Big Stax 2500, raking in $40,000 to his currently impressive $1.6 million total in all-time tournament cash profits.
