Casino Information – Resorts World Catskills In Issues, No Casinos For Chicago, Rough Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of the most luxurious, revolutionary 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 New York is reportedly on the verge of bankruptcy adhering to a couple of years in which it absolutely was 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 remaining shares regarding the company from the parent company 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 finish of June. If Empire Resorts does not take the handle the Genting Group, it might likely have to apply for Chapter11 bankruptcy to be able 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 possible gambling enterprises within the Chicago area has revealed that there is certainly major risk associated with any projects in the town because of the ‘highest effective gaming tax and fee framework into the United States’. Union Gaming Analytics, the company that built the raging bull casino bonuses report, investigated the potential perspective for casinos in the area after Chicago Mayor Lori Lightfoot help with her idea for a new project. Union Gaming Analytics was paid $100,000 to review five possible sites in Chicago as prospective casino locations.
A decommissioned hospital edged out a tennis course and a former metal plant as the most likely destination for the new casino within the city based on the Las Vegas-based analytics company. Nonetheless, the report noted that the location did not matter as the proposed gross tax rate of 72 percent would keep any gambling facility from ever moving away from the ground. Whether or not Chicago officials decide to revisit the taxation 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 need certainly 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 destinations into the Las Vegas will close for eight months starting in 2020 february. The Hard Rock Hotel and Casino will completely turn off operations for two-thirds of the year to make significant changes 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 in accordance with the latest upgrade.
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 least as the regular season is lower than a couple of weeks away. Nevertheless, some position battles are still ongoing. Listed here is 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 isn’t any real way the Colts’ game will be as entertaining as last week’s matchup with the Chicago Bears. In the end, the news of Andrew Luck’s retirement was tweeted down by ESPN’s Adam Schefter in the exact 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 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 @ 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 equipped for Philadelphia in Week 1, McCown will get another crack at game action this week and it’ll come against their former team. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he returns to East Rutherford to relax and play a number of buddys 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 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 among 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 of the preseason using the news of Luck’s retirement, Houston is working with a 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 nearly all of their starters on the sideline.
Week 4 will likely be a significant test for Houston’s backup offensive linemen that have to be ready become called in to action if need for Week 1 of the season that is regular.
As for the Rams, they have actually rested their starters all preseason and that won’t change this week.
NFL Betting Line: Texans -2.5
Kansas City Chiefs @ Green Bay Packers
Thursday August 29th, 2019 8:00 PM ET
Two teams which were talked about as potential Super Bowl contenders will fulfill in Week 4 associated with the preseason hoping that they will meet once more on the largest phase of these all. For both groups, this game are about providing the fringe players on the roster one more chance to showcase their talents. The emergence of rookie running back Darwin Thompson has made the Chiefs’ running right back situation a tad bit 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 starts with a reveal of this 2019 Poker Masters schedule. We now know one of the keys information on 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 significant role in the year-long high roller points chase, which should see one skilled player secure rake-free entries for the range different occasions looking forward to 2020.
The 2019 edition of the Poker Masters will require place within the PokerGO Studio outside of ARIA in Las vegas, nevada from 4-14 november. This present year’s routine will look a lot different than the 2018 edition of this tournament, with more of a focus on the games outside of no-limit hold’em. The thing that will remain exactly the same is the $100,000 Main Event, which will look very similar written down to last year’s primary event.
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, 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 make use of the profit its fight neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament are available to anybody 21 and over with a $500 initial buy-in. The prize that is first-place is 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 cash 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 schedule in Las Vegas.
Ostapchenko Emerges As Biggest Winner In Parx Bix Stax 30 Event
Andrew Ostapchenko has already established a good week. He’s the biggest winner at in 2010’s Parx Big Stax XXX event.
Ostapchenko was the last man standing in a field of 455 entries in the Big Stax 1100, using house $97,220 in his first recorded live victory. It was also their second-biggest job cash after he won over $200,000 in the 2017 World number of Poker Main Event.
Ostapchenko took a chip that is substantial into the last table and didn’t look 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 while the big champion of the Big Stax 2500, raking in $40,000 to their already impressive $1.6 million total in all-time tournament cash earnings.