Casino News – Resorts World Catskills In Problem, No Casinos For Chicago, Tough Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of the many lavish, innovative casinos is on the verge of bankruptcy. Can the Resorts World Catskills still be saved?
Resorts World Catskills On Verge Of Bankruptcy
The upstate casino that is largest in nyc is reportedly on the verge of bankruptcy carrying out a couple of years in which it absolutely was unable to generate profits. According to the report, the Resorts World Catskills was hit with a $36 million loss in the last quarter. The organization is seriously considering claiming bankruptcy in an effort to square away its debts.
The casino’s shareholder that is largest, the Genting Group, has put forward a proposal to buy out the remaining shares associated with company from the parent company 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 conclusion of June. If Empire Resorts doesn’t take the handle the Genting Group, it would 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 currently on pace to fall almost $100 million brief of that mark. It will be interesting to see what route the Genting Group decides to take continue after the stunning financial revelations.
Highest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos
An analysis that is independent on prospective gambling enterprises into 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 possible perspective for casinos in the area after Chicago Mayor Lori Lightfoot help with her idea for the new task. Union Gaming Analytics was paid $100,000 to review five possible sites in Chicago as possible casino destinations.
A hospital that is decommissioned out a golf course and a former steel plant as the most likely destination for the brand new casino within the city in line with the Las Vegas-based analytics company. Nonetheless, the report noted that the location did not matter as the proposed tax that is gross of 72 percent would keep any gambling center from ever getting off the ground. Whether or otherwise not Chicago officials choose to revisit the tax rates in the city in wake of the report is another story entirely. For now, it appears as if any casino that is potential in the town will be put on hold, so blackjack players will have to keep looking around for the place to try out.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of this landmark hotel and casino destinations within the Las Vegas will close for eight months starting in February 2020. The Hard Rock Hotel and Casino will entirely shut down operations for two-thirds of the year to make substantial modifications to 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 latest enhance.
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 regular period is not as much as fourteen days away. Nonetheless, some position battles are still ongoing. Here is an examine 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 isn’t any real 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 had been tweeted away by ESPN’s Adam Schefter in the middle 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 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 will 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 surely will come against his previous team. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he comes back to East Rutherford to play a number of friends and former teammates.
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 finish the preseason with a perfect record for the 4th year in a row. Baltimore is 16-0 over the last 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 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 associated with 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 be able to fix with the majority of their starters on the sideline.
Week 4 is going to be an important test for Houston’s backup offensive linemen that need certainly to be ready to be 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 which have been 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 groups, this game will be about giving the fringe players on the roster one more opportunity to showcase their talents. The emergence of rookie running right back Darwin Thompson has made the Chiefs’ running 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 starts off with a reveal associated with 2019 Poker Masters schedule. We now know the main element information on that event, which will include a great amount 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 November of this year. The tournament will play a significant role in the year-long high roller points chase, which should see one skilled player secure rake-free entries for a quantity of different activities looking forward to 2020.
The 2019 version of the Poker Masters takes place in the PokerGO Studio outside of ARIA in nevada from November 4-14. This 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 one thing that will remain the exact same is the $100,000 Main Event, which will look quite similar in writing to this past 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 https://real-money-casino.club/mr-green-online-casino/ Event Center in Las Vegas. Hosted by the casino legend Jack Binion, all of the proceeds raised at the occasion shall be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the money in its fight neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament will likely be open to anybody 21 and over with a $500 initial buy-in. The first-place reward payout was set at $10,000 with a few 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 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 already established a week that is good. He’s the biggest winner at in 2010’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 variety of Poker Main Event.
Ostapchenko took a chip that is substantial into the last table and didn’t look right back. While he took house the massive $97K first-place prize, he wasn’t the just big winner as every one of the top five finishers in this kind of tournament took house upwards of $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged once the big champion of the Big Stax 2500, raking in $40,000 to his already impressive $1.6 million total in all-time tournament cash profits.
