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Casino News – Resorts World Catskills In Difficulty, No Casinos For Chicago, Tricky Rock Las Vegas Closing For Renos

2020/01/07

Casino News – Resorts World Catskills In Difficulty, No Casinos For Chicago, Tricky Rock Las Vegas Closing For Renos

This week’s casino news starts us of in upstate New York where one of 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 largest upstate casino in New York is reportedly on the verge of bankruptcy following a few years in which it absolutely 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 organization is seriously considering claiming bankruptcy in an effort to square away its debts.

The casino’s largest shareholder, the Genting Group, has put forward a proposition to buy out the remaining shares of this 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 does not take the handle the Genting Group, it could likely have to file for Chapter11 bankruptcy in order to negotiate its debts with creditors.

After projecting $300 million in revenue for 2019, the Resorts World Catskills is 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 Construction In U.S. Keeps Chicago From Opening Casinos

An independent analysis based on potential gambling enterprises in the Chicago area has revealed that there is major risk 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 built the report, investigated the potential outlook for casinos in the area after Chicago Mayor Lori Lightfoot put forth her idea for the new task. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as possible casino destinations.

A decommissioned hospital edged out a golf course and a former steel plant as the most likely destination for the new casino within the city based on the Las Vegas-based analytics company. Nevertheless, the report noted that the location did not matter as the proposed tax that is gross of 72 percent would keep any gambling center from ever getting off the ground. Whether or perhaps not Chicago officials decide to revisit the taxation rates in the city in wake of the report is another tale completely. For now, it appears as if any possible casino initiatives in the town will be put on hold, so blackjack players will need certainly to keep exploring 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 in the Las Vegas will close for eight months beginning in 2020 february. The Hard Rock Hotel and Casino will totally turn off 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 has changed dramatically according to the latest up-date.

NFL Betting: Top Five Games For 4 Of The NFL Preseason week

The 4th and final week of preseason is upon us. It’s typically the one where teams care the minimum as the regular season is significantly less than a couple of weeks away. However, some position battles are still ongoing. Listed here is a look at 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 isn’t any real way the Colts’ game are going to be as entertaining as last week’s matchup with all the Chicago Bears. After all, the news of Andrew Luck’s retirement had been tweeted out by ESPN’s Adam Schefter in the middle of Saturday night’s game, with Luck on the sideline while their 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 beginner on paper.

Still, there’s some intrigue here as backup quarterback Chad Kelly is quite talented. He’ll 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 course to be prepared for Philadelphia in Week 1, McCown will get another crack at game action this week and it surely will come against his previous group. McCown helped mentor second-year quarterback Sam Darnold throughout their 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

Thursday August 29th, 2019 7:30 PM ET

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 perfect record for the 4th year in a row. Baltimore is 16-0 over the final four preseasons, which makes them one of many 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 biggest blow of the preseason with the news of Luck’s retirement, Houston is working with its very own issues. The Texans lost running back Lamar Miller to a torn ACL. There is also some major issues on the line that is offensive they won’t manage to fix with most of their starters on the sideline.

Week 4 are an essential 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 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 have been talked about as potential Super Bowl contenders will meet in Week 4 of the preseason hoping that they can satisfy again on the greatest stage of these 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 straight back Darwin Thompson has made the Chiefs’ running straight 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 off by having a unveil of the 2019 Poker Masters schedule. We now know the key information on that event, which will include a lot of opportunities for players to win big.

2019 Poker Masters Schedule Revealed

The edition that is next of 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 range different activities looking forward to 2020.

The 2019 edition of the Poker Masters will need place within the PokerGO Studio outside of ARIA in Las Vegas from 4-14 november. This year’s schedule will lot look a different than the 2018 edition with 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 quite similar on paper to last year’s primary event.

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

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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, most of the proceeds raised at the occasion will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the profit its fight neurodegenerative conditions 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 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 rewards and plenty of cash being donated to an excellent cause, 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 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 live victory. It was also his 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 back. While he took house the massive $97K first-place prize, he wasn’t the only big winner as every one of the top five finishers in this specific competition took home up to $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged as 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.

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