Casino Information – Resorts World Catskills In Trouble, No Casinos For Chicago, Intense Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where among 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 largest upstate casino in ny is reportedly on the verge of bankruptcy adhering to a year or two 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 last quarter. The company is seriously considering claiming bankruptcy in an effort to square away its debts.
The casino’s largest shareholder, the Genting Group, has placed forward a proposition to buy out the staying shares for 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 conclusion of June. If Empire Resorts does not take the handle the Genting Group, it would likely need certainly to declare Chapter11 bankruptcy in order 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 after the stunning revelations that are financial.
Highest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos
An independent analysis based on prospective casinos in the Chicago area has revealed that there is major slotocash no deposit november 2018 risk associated with any projects in the town because of the ‘highest effective gaming tax and fee structure into 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 put forth her idea for the project that is new. Union Gaming Analytics was paid $100,000 to review five potential sites in Chicago as prospective casino destinations.
A decommissioned hospital edged out a golf course and a former steel plant as the most likely destination for a brand new casino in the city based on the Las Vegas-based analytics company. Nevertheless, the report noted that the location didn’t matter as the proposed tax that is gross of 72 percent would keep any gambling facility from ever moving away from the ground. Whether or perhaps not Chicago officials opt to revisit the taxation rates in the populous city in wake of the report is another story entirely. For now, it appears as if any potential casino initiatives in the city will be placed on hold, so blackjack players will need certainly to keep looking around for a place to play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of the landmark hotel and casino locations into the Las Vegas will close for eight months starting in February 2020. The Hard Rock Hotel and Casino will entirely power down operations for two-thirds of the season to make significant changes 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 based on 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 least as the regular season is less than two weeks away. Nonetheless, some position battles are still ongoing. Here’s a have a look at five key games to watch on for NFL players that are betting
Indianapolis Colts @ Cincinnati Bengals
Thursday August 29th, 2019 7:00 PM ET
There isn’t any real way the Colts’ game will be as entertaining as last week’s matchup because of the Chicago Bears. After all, the news of Andrew Luck’s retirement had been tweeted out 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 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 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
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 prepared for Philadelphia in Week 1, McCown will get another crack at game action this week and it surely will come against their previous group. McCown helped mentor quarterback that is second-year Darnold throughout his rookie season. Now he returns to East Rutherford to play a number of buddys and teammates that are former.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
One of the more appreciated storylines that NFL betting fans will monitor this week is the Ravens’ potential to complete 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 teams that are fun bettors to follow and root for at the moment of the season. 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 biggest blow associated with preseason because of the news of Luck’s your retirement, Houston is coping with its own issues. The Texans lost running back Lamar Miller to a torn ACL. There is also some major issues on the unpleasant line that they won’t manage to fix with the majority of their starters on the sideline.
Week 4 are an important test for Houston’s backup offensive linemen that need to be 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
August 29th, 2019 8:00 PM ET thursday
Two teams that have been talked about as potential Super Bowl contenders will fulfill in Week 4 associated with preseason hoping that they’ll fulfill once again on the largest stage of them all. 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 right 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 by having a reveal for the 2019 Poker Masters schedule. We now know the key 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 November of this year. The tournament will play a role that is significant the year-long high roller points chase, which should see one skilled player secure rake-free entries for a amount of different activities searching forward to 2020.
The 2019 version of the Poker Masters will take place within the PokerGO Studio outside of ARIA in nevada from 4-14 november. This year’s routine will look a lot 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 similar is the $100,000 Main Event, which will look much the same written down to last year’s primary 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 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 will utilize the money in its fight neurodegenerative diseases including Alzheimer’s, Huntington’s, Parkinson’s, Multiple Sclerosis and ALS.
The tournament is 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 a few 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 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 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 home $97,220 in his first recorded live victory. It was also his career that is second-biggest cash he won over $200,000 within the 2017 World Series of Poker Main Event.
Ostapchenko took a chip that is substantial into the last dining table and didn’t look right back. While he took house the massive $97K first-place reward, he had beenn’t the only big winner as every one of the top five finishers in this specific tournament took house well over $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged since 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.