Casino Information – Resorts World Catskills In Problem, No Casinos For Chicago, Complex 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 ny is reportedly on the verge of bankruptcy adhering to a year or two by which it was unable to generate profits. Based on the report, the Resorts World Catskills was hit with a $36 million loss in the final quarter. The company is seriously considering bankruptcy that is claiming 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 associated with company from the parent business Empire Resorts. According to an SEC filing by the publicly-traded company, 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 cope with the Genting Group, it might likely have 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 almost $100 million quick of that mark. It will be interesting to see what route the Genting Group decides to take continue following a stunning revelations that are financial.
Highest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An analysis that is independent on prospective 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 structure within the United States'. Union Gaming Analytics, the company that put together the report, investigated the potential outlook 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 sites that are potential Chicago as possible casino locations.
A decommissioned hospital edged out a tennis course and a former steel plant as the most likely destination for a brand new casino within the city in line with the Las Vegas-based analytics company. Nonetheless, 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 moving away from the ground. Whether or otherwise not Chicago officials choose to revisit the income tax rates in the city in wake of the report is another story entirely. For now, it appears as if any prospective casino initiatives in the city will be put on hold, so blackjack players will have to keep searching for the place to try out.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of this 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 completely power down operations for two-thirds of the season to make substantial modifications to their structures.
While a previous statement by the casino indicated 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 4th and final week of preseason is upon us. It's typically the one where teams care the minimum as the season that is regular significantly less than two weeks away. However, some position battles are still ongoing. Here is a consider five key games to keep an eye on for NFL gambling players:
Indianapolis Colts @ Cincinnati Bengals
August 29th, 2019 7:00 PM ET thursday
There isn't any way the Colts' game will likely be as entertaining as last week's matchup aided by the real-money-casino.club Chicago Bears. All things considered, the news of Andrew Luck's retirement had been tweeted down by ESPN's Adam Schefter in the center 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 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 back-up 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. 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 will get another crack at game action. McCown helped mentor second-year quarterback Sam Darnold throughout his rookie season. Now he comes back to East Rutherford to relax and play lots of buddys and former teammates.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
One of the most appreciated storylines that NFL betting fans will monitor this week is the Ravens' potential to finish the preseason with a record that is perfect the 4th 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 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
Thursday August 29th, 2019 8:00 PM ET
While Indianapolis suffered the blow that is biggest of the preseason utilizing the news of Luck's retirement, Houston is coping with its issues. The Texans lost running back Lamar Miller to a torn ACL. They also have some major issues on the line that is offensive they won't manage to fix with nearly all of their starters on the sideline.
Week 4 are going to be a significant test for Houston's backup offensive linemen that need to get ready to be called in to action if need for Week 1 of the season that is regular.
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 which were talked about as potential Super Bowl contenders will fulfill in Week 4 associated with the preseason hoping that they can meet again on the greatest phase of these all. For both groups, this game will be about giving the fringe players on the roster one more chance to showcase their talents. The emergence of rookie running back Darwin Thompson has made the Chiefs' running straight 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 reveal associated with 2019 Poker Masters schedule. We now know the key details of that event, which will include a great 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 return with Poker Central announcing that the event will take play in very early November of this year. The tournament will play a significant role in the year-long high roller points chase, which should see one skilled player secure rake-free entries for the number of different events looking forward to 2020.
The 2019 edition of the Poker Masters takes place in the PokerGO Studio outside of ARIA in vegas from November 4-14. This present year's schedule will look a great deal different than the 2018 edition of this tournament, with additional of a concentrate on the games outside of no-limit hold'em. The one thing that will remain equivalent is the $100,000 Main Event, which will look much the same in writing to year that is last primary occasion.
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 at the Keep Memory Alive Event Center in Las Vegas. Hosted by the casino legend Jack Binion, each of the proceeds raised at the occasion shall be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will utilize the profit its fight against neurodegenerative diseases including Alzheimer's, Huntington's, Parkinson's, Multiple Sclerosis and ALS.
The tournament is open to anybody 21 and over with a $500 buy-in that is initial. The prize that is first-place happens to be 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 money 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 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 winner that is biggest at this present year'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 their second-biggest profession cash after he won over $200,000 in the 2017 World group of Poker Main Event.
Ostapchenko took a substantial chip lead into the last table and didn't look straight 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 their already impressive $1.6 million total in all-time tournament cash profits.