Casino News – Resorts World Catskills In Hassle, No Casinos For Chicago, Hard Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of many many luxurious, revolutionary casinos is on the verge of bankruptcy. Can the Resorts World Catskills still be saved?
Resorts World Catskills On Verge Of Bankruptcy
The largest upstate casino in nyc is reportedly on the verge of bankruptcy adhering to a couple of years by which it was unable to generate profits. According to the report, the Resorts World Catskills was hit with a $36 million loss in the quarter that is last. The business is seriously considering bankruptcy that is claiming an effort to square away its debts.
The casino’s shareholder that is largest, the Genting Group, has put forward a proposition to buy out the staying shares for the company from the parent business Empire Resorts. According to an SEC filing by the publicly-traded company, the $1 billion casino in Monticello suffered operating losses of $73.5 million through the end of June. If Empire Resorts does not take the handle the Genting Group, it would 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 happens to be on pace to fall almost $100 million quick of that mark. It will be interesting to see just what route the Genting Group decides to take continue following a stunning revelations that are financial.
Finest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An analysis that is independent on possible gambling enterprises into the Chicago area has revealed that there is major risk associated with any projects in the town because of the ‘highest effective gaming tax and fee structure within the United States’. Union Gaming Analytics, the company that built the report, investigated the prospective perspective 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 prospective casino locations.
A hospital that is decommissioned out a tennis course and a former steel plant as the utmost likely destination for the brand new casino in the city in line with the Las Vegas-based analytics company. But, 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 not Chicago officials decide to revisit the income tax rates in the populous city in wake of the report is another story altogether. For now, it appears as if any casino that is potential in the town will go on hold, so blackjack players will need to keep looking around for a place to try out.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of this landmark hotel and casino locations in the Las Vegas will close for eight months starting in February 2020. The Hard Rock Hotel and Casino will completely power down operations for two-thirds of the season in order 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 changed dramatically based on the latest improvement.
NFL Betting: Top Five Games For 4 Of The NFL Preseason week
The fourth and final week of preseason is upon us. It is typically the one where teams care the minimum as the regular season is less than fourteen days away. But, some position battles are still real-money-casino.club ongoing. Here is a consider five key games to keep an eye on for NFL wagering players:
Indianapolis Colts @ Cincinnati Bengals
August 29th, 2019 7:00 PM ET thursday
There isn’t any way the Colts’ game are as entertaining as last week’s matchup with the Chicago Bears. Most likely, the news of Andrew Luck’s retirement was tweeted away by ESPN’s Adam Schefter in the center of night’s game, with Luck on the sideline while his teammates and fans slowly learned of the news saturday. It’s potentially news that is devastating 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 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. While Carson Wentz is still on track to be ready for Philadelphia in Week 1, McCown will get another crack at game action this week and it will come against their previous group. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he returns to East Rutherford to try out lots of friends and teammates that are former.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
Perhaps one of the most 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 fourth year in a row. Baltimore is 16-0 over the final four preseasons, which makes them one of many 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 regarding the preseason using the news of Luck’s your retirement, Houston is working with its issues. The Texans lost running back Lamar Miller to a torn ACL. They also have some major issues on the offensive line that they won’t have the ability to fix with most of their starters on the sideline.
Week 4 is going to be an important test for Houston’s backup offensive linemen that have to prepare yourself to be called in to action if need for Week 1 of the season that is regular.
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 which were talked about as potential Super Bowl contenders will fulfill in Week 4 associated with the preseason hoping them all that they will meet again on the biggest stage of. For both teams, this game is going to be about giving the fringe players on the roster one more chance 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 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 begins by having a unveil of the 2019 Poker Masters schedule. We now know one of the keys information on that event, which will include lots 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 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 will see one skilled player secure rake-free entries for a wide range of different events looking forward to 2020.
The 2019 edition of the Poker Masters takes place within the PokerGO Studio outside of ARIA in Las Vegas from 4-14 november. This present year’s routine will look a great deal different than the 2018 edition of this tournament, with additional of a focus on the games outside of no-limit hold’em. The single thing that will remain equivalent is the $100,000 Main Event, which will look quite similar 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 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, each of the proceeds raised at the occasion will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will utilize the profit its fight neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament will be open to anybody 21 and over with a $500 buy-in that is initial. The prize that is first-place has been set at $10,000 with a few runner-up prizes including fancy trips, expensive jewelry, and exclusive chef dinners.
With plenty of outstanding awards and plenty of money being donated to an excellent cause, Keep Memory Alive’s annual poker tournament is amongst the can’t miss events on this year’s Poker schedule 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 present 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 house $97,220 in his first recorded live victory. It was additionally his second-biggest profession cash after he won over $200,000 within the 2017 World group of Poker Main Event.
Ostapchenko took a substantial chip lead into the last table and didn’t look back. While he took home the massive $97K first-place prize, he had beenn’t the only big winner as all of the top five finishers in this particular tournament took home upwards of $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged once the big winner of the Big Stax 2500, raking in $40,000 to their currently impressive $1.6 million total in all-time tournament cash profits.