Casino Information – Resorts World Catskills In Hassle, No Casinos For Chicago, Tough Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where among the many lavish, innovative 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 following a few years by which it had been unable to generate profits. In accordance with the report, the Resorts World Catskills was hit with a $36 million loss in the final quarter. The company 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 placed forward a proposal to buy out the staying shares for the company from the parent business Empire Resorts. According to an SEC filing by the publicly-traded business, 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 have to declare 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 nearly $100 million short of that mark. It will be interesting to see what route the Genting Group decides to take continue following a stunning financial revelations.
Finest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An independent analysis based on possible gambling enterprises into the Chicago area has revealed that there is major danger associated with any projects in the city because of the ‘highest effective gaming tax and fee structure into 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 help with her idea for the new project. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as possible casino locations.
A hospital that is decommissioned out a golf course and a former metal plant as the most likely destination for a brand new casino within the city based on the Las Vegas-based analytics company. Nonetheless, the report noted that the location didn’t matter as the proposed tax that is gross of 72 percent would keep any gambling center from ever getting off the ground. Whether or perhaps not Chicago officials opt to revisit the income tax rates in the city in wake of the report is another tale altogether. For now, it appears as though any casino that is potential in the city will be put on hold, so blackjack players will need to keep exploring for the place to relax and play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One associated with 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 entirely turn off operations for two-thirds of the year to make substantial changes to their buildings.
While a previous statement by the casino indicated that the renovation period would be limited to four months, that timeline changed dramatically in accordance with 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 least as the regular period is lower than two weeks away. However, some position battles are still ongoing. Here’s 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 real way the Colts’ game are going to be as entertaining as last week’s matchup with the Chicago Bears. In the end, 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 devastating news for an Indianapolis part that went from legitimate Super Bowl contender with Luck under center to fringe playoff contender with Jacoby Brissett as the starter on paper.
Still, there’s some intrigue here as backup 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 track to be equipped for Philadelphia in Week 1, McCown will get another crack at game action this week and it will come against his former group. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he comes back to East Rutherford to try out a number of friends and teammates that are former.
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 complete the preseason with a record that is perfect the fourth year in a line. Baltimore is 16-0 over the final four preseasons, which makes them one of many most fun teams for bettors to follow and root for at this time 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 for the preseason using the news of Luck’s your retirement, Houston is working with unique issues. The Texans lost running back Lamar Miller to a torn ACL. There is also some major issues on the line that is offensive they won’t have the ability to fix with most of their starters on the sideline.
Week 4 will likely be a significant test for Houston’s backup offensive linemen that need to get ready 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 mr green casino affiliates -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 satisfy in Week 4 regarding the preseason hoping that they’ll satisfy once again on the biggest phase of these all. For both groups, this game are going to be about giving the fringe players on the roster one more possibility to showcase their talents. The emergence of rookie running back Darwin Thompson has made the Chiefs’ running straight back situation a tad bit 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 starts off with a reveal for the 2019 Poker Masters schedule. We now know the main element 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 return 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 number of different activities looking forward to 2020.
The 2019 edition of the Poker Masters will need place within the PokerGO Studio outside of ARIA in nevada from 4-14 november. This present year’s routine will lot look a different than the 2018 edition of this tournament, with increased of a concentrate on the games outside of no-limit hold’em. The one thing that will remain the exact same is the $100,000 Main Event, which will look much the same written down to this past year’s primary event.
Keep Memory Alive To Host Second Annual Charity Poker Tournament In September
The Keep Memory Alive organization 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, each of the proceeds raised at the event will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the money in its fight against neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament will likely be available to anybody 21 and over with a $500 buy-in that is initial. The first-place reward payout is 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 cash 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 received a good week. He is the winner that is biggest 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, using home $97,220 in his first recorded live victory. It was additionally their career that is second-biggest cash he won over $200,000 within the 2017 World number of Poker Main Event.
Ostapchenko took a chip that is substantial into the last table and didn’t look straight back. He wasn’t the only big winner as each of the top five finishers in this particular tournament took home upwards of $20,000 while he took home the massive $97K first-place prize. Meanwhile, the Greg ‘Fish’ Fishberg emerged because 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.