Casino Information – Resorts World Catskills In Issues, No Casinos For Chicago, Intense Rock Vegas Closing For Renos

Casino Information – Resorts World Catskills In Issues, No Casinos For Chicago, Intense Rock Vegas Closing For Renos

Casino Information – Resorts World Catskills In Issues, No Casinos For Chicago, Intense 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 still be saved?

Resorts World Catskills On Verge Of Bankruptcy

The largest upstate casino in nyc is reportedly regarding the verge of bankruptcy following a few years by which it was unable to generate profits. According to 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 shareholder that is largest, the Genting Group, has put forward a proposition to buy out the remaining shares associated with the company from the parent business Empire Resorts. According to an SEC filing by the publicly-traded business, 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 could likely have 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 quick of that mark. It will be interesting to see just what route the Genting Group decides to take moving forward following a stunning financial revelations.

Highest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos

An independent analysis based on prospective gambling enterprises in the Chicago area has revealed that there clearly was major risk associated with any projects in the city because of the ‚highest effective gaming tax and fee structure into the United States‘. Union Gaming Analytics, the company that put together the report, investigated the potential perspective for casinos in the area after Chicago Mayor Lori Lightfoot supply her idea for a new project. Union Gaming Analytics was paid $100,000 to review five prospective sites in Chicago as possible casino locations.

A decommissioned hospital edged out a golf course and a former metal plant as the utmost likely destination for a 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 getting off the ground. Whether or not Chicago officials decide to revisit the income tax rates in the city in wake of the report is another story completely. For now, it appears as if any casino that is potential in the town will be put on hold, so blackjack players will need to keep searching for a place to try out.

Hard Rock Las Vegas To Close For Eight Months For Renovations

One of this landmark hotel and casino locations within the Las Vegas will close for eight months beginning in 2020 february. The Hard Rock Hotel and Casino will totally power down operations for two-thirds of the year to make changes that are substantial their structures.

While a previous statement by the casino suggested 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 fourth and final week of preseason is upon us. It’s typically the one where teams care the minimum as the season that is regular not as much as two weeks away. Nevertheless, some position battles are still ongoing. Here’s 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’s absolutely no real way the Colts‘ game is as entertaining as last week’s matchup with all the Chicago Bears. In the end, the news of Andrew Luck’s retirement was tweeted away 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’ll play this week and may push for starts if Brissett struggles.

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 equipped for Philadelphia in Week 1, McCown will get another crack at game action this week and it surely will come against their former team. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he returns to East Rutherford to play lots 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

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 fourth year in a line. Baltimore is 16-0 over the last four preseasons, which makes them one of the most fun teams for bettors to follow and root for at this time 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 of this preseason because of the news of Luck’s your retirement, Houston is dealing with its issues. The Texans lost running back Lamar Miller to a torn ACL. They likewise have 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 will be an important test for Houston’s backup offensive linemen that need certainly to prepare yourself 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

Thursday August 29th, 2019 8:00 PM ET

Two teams that have been talked about as potential Super Bowl contenders will meet in Week 4 of this preseason hoping them all that they will meet again on the biggest stage of. For both groups, this game will likely be 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 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 off with a unveil of this 2019 Poker Masters schedule. We now know the key details of that event, which will include a good amount 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 get back with Poker Central announcing that the event will 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 the amount of different events looking forward to 2020.

The 2019 version of the Poker Masters takes place in the PokerGO Studio outside of ARIA in vegas 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 one thing that will remain exactly the same is the $100,000 Main Event, which will look quite similar written down to this past year’s primary occasion.

Keep Memory Alive To Host Second Annual Charity Poker Tournament In September

The Keep Memory Alive organization will host its Annual that is second Texas 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 shall be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will make use of the profit its fight against 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 initial buy-in. The prize that is first-place 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 awards 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 had a good week. He is the biggest winner at this season’s Parx Big Stax XXX event.

Ostapchenko was the final man standing in a field of 455 entries in the Big Stax 1100, taking house $97,220 in his first recorded victory that is live. It was also their second-biggest job cash after he won over $200,000 in the 2017 World variety of Poker Main Event.

Ostapchenko took a chip that is substantial into the final table and didn’t look right back. While he took house the massive $97K first-place prize, he had beenn’t the just big winner as each of the top five finishers in this specific competition took home well over $20,000. Meanwhile, the Greg ‚Fish‘ Fishberg emerged as 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.