Casino Information – Resorts World Catskills In Trouble, 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 the most luxurious, innovative 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 few years by which it was unable to generate profits. In accordance with 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 largest shareholder, the Genting Group, has placed forward a proposal 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 does not take the handle the Genting Group, it would likely need certainly to file for Chapter11 bankruptcy so that you can 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 after the stunning financial revelations.
Highest Gaming Tax Structure In U.S. Keeps Chicago planet 7 oz casino no deposit bonus codes 2018 From Opening Casinos
An analysis that is independent on prospective gambling enterprises into the Chicago area has revealed that there is certainly major risk associated with any projects in the city because of the ‘highest effective gaming tax and fee framework in the United States’. Union Gaming Analytics, the company that assembled the report, investigated the prospective outlook for casinos in the area after Chicago Mayor Lori Lightfoot help with her idea for the project that is new. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as potential casino destinations.
A hospital that is decommissioned out a tennis course and a former steel plant as the most likely destination for a brand new casino within the city in line with the Las Vegas-based analytics company. Nevertheless, 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 moving away from the ground. Whether or perhaps not Chicago officials choose revisit the income tax rates in the city in wake of the report is another story altogether. For now, it appears as if any possible casino initiatives in the city will be put on hold, so blackjack players will have to keep searching for a place to relax and play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of the landmark hotel and casino locations in the Las Vegas will close for eight months beginning in February 2020. The Hard Rock Hotel and Casino will totally turn off operations for two-thirds of the season to make changes that are substantial their structures.
While a previous announcement by the casino indicated that the renovation period would be limited to four months, that timeline has changed dramatically according to 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 season that is regular less than two weeks away. Nevertheless, some position battles are still ongoing. Listed here is a check 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 is absolutely no real way the Colts’ game are as entertaining as last week’s matchup aided by the Chicago Bears. In the end, the news of Andrew Luck’s retirement was tweeted out by ESPN’s Adam Schefter in the middle of Saturday night’s game, with Luck on the sideline while his teammates and fans slowly discovered 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 starter on paper.
Still, there’s some intrigue here as back-up 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 the right track to be prepared for Philadelphia in Week 1, McCown will get another crack at game action this week and it surely will come against their former group. McCown helped mentor quarterback that is second-year Darnold throughout their rookie season. Now he comes back to East Rutherford to try out a number of good friends and teammates that are former.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
Probably 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 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 this time of the season. Rookie pick that is sixth-round 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 with all the news of Luck’s retirement, Houston is coping with its 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 is going to be an important 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 regular season.
As for the Rams, they have actually rested their beginners all preseason and that won’t change this week.
NFL Betting Line: Texans -2.5
Kansas City Chiefs @ Green Bay Packers
August 29th, 2019 8:00 PM ET thursday
Two teams that have been talked about as potential Super Bowl contenders will meet in Week 4 for the preseason hoping them all that they will meet again on the biggest stage of. This game will be about giving the fringe players on the roster one more opportunity to showcase their talents for both teams. The emergence of rookie running right back Darwin Thompson has made the Chiefs’ running 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 with a unveil of this 2019 Poker Masters schedule. We now know the important thing details of that event, which will include plenty 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 significant role in the year-long high roller points chase, which will see one skilled player secure rake-free entries for the range different activities looking forward to 2020.
The 2019 edition of the Poker Masters will take place within the PokerGO Studio outside of ARIA in nevada from November 4-14. This present year’s routine will lot look a different than the 2018 edition of this tournament, with more of a focus on the games outside of no-limit hold’em. The single thing that will remain the same is the $100,000 Main Event, which will look very similar written down 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 at the Keep Memory Alive Event Center in Las Vegas. Hosted by the casino legend Jack Binion, most 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 diseases including Alzheimer’s, Huntington’s, Parkinson’s, Multiple Sclerosis and ALS.
The tournament are available to anybody 21 and over with a $500 buy-in that is initial. The first-place award payout is 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 money 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 received a good week. He’s the biggest winner at this season’s Parx Big Stax XXX event.
Ostapchenko was the last man standing in a field of 455 entries in the Big Stax 1100, taking home $97,220 in his first recorded victory that is live. It was also his career that is second-biggest cash he won over $200,000 into the 2017 World number of Poker Main Event.
Ostapchenko took a chip that is substantial into the last dining table and didn’t look straight back. While he took house the massive $97K first-place reward, he wasn’t the only big winner as each of the top five finishers in this particular competition took house upwards of $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged since 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.