Casino News – Resorts World Catskills In Hassle, No Casinos For Chicago, Rough Rock Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where among the many luxurious, 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 regarding the verge of bankruptcy adhering to 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 quarter that is last. The business is seriously considering claiming bankruptcy in an effort to square away its debts.
The casino’s shareholder that is largest, the Genting Group, has placed forward a proposition to buy out the remaining shares regarding the company from the parent business 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 cope with the Genting Group, it could likely need to file for Chapter11 bankruptcy to be able 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 quick of that mark. It will be interesting to see just what route the Genting Group decides to take moving forward following the stunning financial revelations.
Highest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos
An analysis that is independent on potential casinos 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 framework in the United States’. Union Gaming Analytics, the company that put together the report, investigated the prospective perspective for casinos in the area after Chicago Mayor Lori Lightfoot put forth her idea for a project that is new. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as possible casino locations.
A decommissioned hospital edged out a golf course and a former steel plant as the most likely destination for a new casino into the city based on the Las Vegas-based analytics company. However, the report noted that the location didn’t 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 choose to revisit the taxation rates in the city in wake of the report is another tale completely. For now, it appears as if any casino that is potential in the town will be placed on hold, so blackjack players will need to keep searching for a place to relax and play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One associated with the landmark hotel and casino locations in the Las Vegas will close for eight months starting in 2020 february. The Hard Rock Hotel and Casino will totally shut down operations for two-thirds of the season in order to make substantial modifications to their structures.
While a previous announcement by the casino indicated that the renovation period would be limited to four months, that timeline changed dramatically according to the update that is latest.
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 significantly less than a couple of weeks away. Nevertheless, some position battles are still ongoing. Here is an examine five key games to watch on for NFL players that are betting
Indianapolis Colts @ Cincinnati Bengals
August 29th, 2019 7:00 PM ET thursday
There is absolutely no real way the Colts’ game will be as entertaining as last week’s matchup because of the Chicago Bears. In the end, the news of Andrew Luck’s retirement had been tweeted down by ESPN’s Adam Schefter in the exact middle of Saturday night’s game, with Luck on the sideline while his teammates and fans slowly discovered of the news. It’s potentially news that is devastating an Indianapolis part 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. This week and it will come against his former team while Carson Wentz is still on track to be ready for Philadelphia in Week 1, McCown black diamond casino games free will get another crack at game action. 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 the moment of the year. 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
August 29th, 2019 8:00 PM ET thursday
While Indianapolis suffered the blow that is biggest of this preseason using the news of Luck’s retirement, Houston is coping with a unique 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 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 get ready become called in to action if need for Week 1 of the regular season.
As for the Rams, they have 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 satisfy in Week 4 of the preseason hoping them all that they will meet again on the biggest stage of. For both teams, this game are going to 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 by having a unveil for the 2019 Poker Masters schedule. We now know one of the keys 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 take play in early November of this year. 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 the wide range of different activities searching forward to 2020.
The 2019 version of the Poker Masters will need place within the PokerGO Studio outside of ARIA in Las Vegas from 4-14 november. In 2010’s routine will lot look a different than the 2018 edition with this tournament, with increased of a concentrate on the games outside of no-limit hold’em. The one thing that will remain similar is the $100,000 Main Event, which will look very similar written down to last year’s main 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 during the Keep Memory Alive Event Center in Las Vegas. Hosted by the casino legend Jack Binion, each of the proceeds raised at the event shall be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the profit its fight against neurodegenerative diseases 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 initial buy-in. The first-place prize 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 rewards 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 received a good week. He’s 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 house $97,220 in his first recorded live victory. It was additionally their 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 final table and didn’t look right 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 his currently impressive $1.6 million total in all-time tournament cash profits.