Casino Information – Resorts World Catskills In Issues, No Casinos For Chicago, Hard Rock Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where among the most lavish, revolutionary casinos is on the verge of bankruptcy. Can the Resorts World Catskills still be conserved?
Resorts World Catskills On Verge Of Bankruptcy
The upstate casino that is largest in nyc is reportedly in the verge of bankruptcy following a couple of years in which it had been unable to generate profits. Based on the report, the Resorts World Catskills was hit with a $36 million loss in the quarter that is last. The organization 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 proposition to buy out the staying shares for 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 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 just what route the Genting Group decides to take continue following a stunning revelations that are financial.
Finest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos
An independent analysis based on prospective casinos into the Chicago area has revealed that there clearly was major risk associated with any projects in the town because of the ‘highest effective gaming tax and fee framework within the United States’. Union Gaming Analytics, the company that built the report, investigated the potential 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 possible sites in Chicago as possible casino locations.
A decommissioned hospital edged out a tennis course and a former steel plant as the utmost 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 facility from ever moving away from the ground. Whether or not Chicago officials choose to revisit the tax rates in the city in wake of the report is another tale entirely. For now, it appears as if any possible casino initiatives in the town will go 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 for 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 completely shut down operations for two-thirds of the season to make changes that are substantial their buildings.
While a previous announcement by the casino suggested that the renovation period would be limited to four months, that timeline has changed dramatically in accordance with the update that is latest.
NFL Betting: Top Five Games For Week 4 Of The NFL Preseason
The fourth and final week of preseason is upon us. It is typically the one where teams care the minimum as the regular period is significantly less than two weeks away. Nevertheless, some position battles are still ongoing. Listed here is an examine five key games to keep an eye on for NFL wagering players:
Indianapolis Colts @ Cincinnati Bengals
August 29th ragingbull casino, 2019 7:00 PM ET thursday
There’s absolutely no way the Colts’ game is as entertaining as last week’s matchup utilizing the Chicago Bears. In the end, the news of Andrew Luck’s retirement was tweeted down by ESPN’s Adam Schefter in the center of Saturday night of 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 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 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
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 the right track to be ready for Philadelphia in Week 1, McCown will get another crack at game action this week and it’ll come against his former team. McCown helped mentor second-year quarterback Sam Darnold throughout their rookie season. Now he comes back to East Rutherford to try out lots of good friends and teammates that are former.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
Thursday August 29th, 2019 7:30 PM ET
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 fourth year in a row. Baltimore is 16-0 over the final four preseasons, which makes them one of the 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 biggest blow associated with preseason because of the news of Luck’s retirement, Houston is working with its own issues. The Texans lost running back Lamar Miller to a torn ACL. They likewise have some major issues on the offensive line that they won’t have the ability to fix with most of their starters on the sideline.
Week 4 will likely be an essential test for Houston’s backup offensive linemen that have to get ready become 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
Thursday August 29th, 2019 8:00 PM ET
Two teams that have been talked about as potential Super Bowl contenders will fulfill in Week 4 of the preseason hoping them all that they will meet again on the biggest stage of. For both teams, this game is about giving the fringe players on the roster one more chance to showcase their talents. The emergence of rookie running straight back Darwin Thompson has made the Chiefs’ running straight back situation a little 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 off with a unveil associated with the 2019 Poker Masters schedule. We now know the key 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 will see one skilled player secure rake-free entries for the amount of different activities searching forward to 2020.
The 2019 version of the Poker Masters takes place into the PokerGO Studio outside of ARIA in Las Vegas from November 4-14. This year’s routine will look a lot different than the 2018 edition of the tournament, with additional of a concentrate on the games outside of no-limit hold’em. The single thing that will remain similar is the $100,000 Main Event, which will look much the same in writing to year that is last main event.
Keep Memory Alive To Host Second Annual Charity Poker Tournament In September
The Keep Memory Alive company will host its Annual that is second Texas 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, all of the proceeds raised at the occasion will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital shall use the profit its combat neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, Multiple Sclerosis and ALS.
The tournament will likely be open to anybody 21 and over with a $500 initial buy-in. The first-place award payout has been 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 an excellent cause, Keep Memory Alive’s annual poker tournament is amongst 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 had a week that is good. He is the biggest winner at this year’s Parx Big Stax XXX event.
Ostapchenko was the last 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 also their career that is second-biggest cash he won over $200,000 into the 2017 World Series of Poker Main Event.
Ostapchenko took a substantial chip lead into the last 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 winner of the Big Stax 2500, raking in $40,000 to their currently impressive $1.6 million total in all-time tournament cash profits.