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

By Fikas | Styczeń 7, 2020

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

This week’s casino news starts us of in upstate New York where one of many most lavish, 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 nyc is reportedly regarding the verge of bankruptcy adhering to a few years by 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 company is seriously considering bankruptcy that is claiming an effort to square away its debts.

The casino’s largest shareholder, the Genting Group, has put forward a proposal to buy out the remaining shares of this 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 end of June. If Empire Resorts doesn’t take the cope with the Genting Group, it would likely need certainly 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 moving forward following a stunning revelations that are financial.

Finest Gaming Tax Construction In U.S. Keeps Chicago From Opening Casinos

An analysis that is independent on possible casinos within the Chicago area has revealed that there 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 prospective perspective 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 possible sites in Chicago as prospective casino locations.

A decommissioned hospital edged out a tennis course and a former metal plant as the most likely destination for a brand new casino into 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 facility from ever getting off 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 tale entirely. For now, it appears as if any prospective casino initiatives in the town will go on hold, so blackjack players will need to keep searching for the place to try out.

Hard Rock Las Vegas To Close For Eight Months For Renovations

One of the landmark hotel and casino destinations 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 year to make changes that are substantial their structures.

While a previous announcement by the casino suggested that the renovation period would be limited to four months, that timeline changed dramatically according to the latest up-date.

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

The fourth and final week of preseason is upon us. It is typically the one where teams care the minimum as the season that is regular less than a couple of weeks away. Nonetheless, some position battles are still ongoing. Here’s a look at five key games to watch on for NFL wagering players:

Indianapolis Colts @ Cincinnati Bengals

Thursday August 29th, 2019 7:00 PM ET

There isn’t any real way the Colts’ game are as entertaining as last week’s matchup because of the Chicago Bears. In the end, the news of Andrew Luck’s retirement had been tweeted away by ESPN’s Adam Schefter in the center of Saturday night’s game, with Luck on the sideline while their teammates and fans slowly discovered of the news. It’s potentially devastating news for an Indianapolis part 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 will 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 track to be equipped for Philadelphia in Week 1, McCown will get another crack at game action this week and it 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 try out lots of friends and teammates that are former.

NFL Betting Line: Jets -3

Baltimore Ravens @ Washington Redskins

August 29th, 2019 7:30 PM ET thursday

Perhaps one of 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 4th year in a row. Baltimore is 16-0 over the final four preseasons, which makes them one of many most fun groups for 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

August 29th, 2019 8:00 PM ET thursday

While Indianapolis suffered the biggest blow for the preseason using the news of Luck’s retirement, Houston is working with unique 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 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 have to get ready become 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

Thursday August 29th, 2019 8:00 PM ET

Two teams which were talked about as potential Super Bowl contenders will satisfy in Week 4 regarding the preseason hoping that they’ll satisfy once more on the biggest phase of these all. For both teams, this game is going to be about giving the fringe players on the roster one more chance to showcase their talents. The emergence of rookie running right back Darwin Thompson has made the Chiefs’ running 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 by having a reveal associated with the 2019 Poker Masters schedule. We now know the main element 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 get back with Poker Central announcing that the event will take play in early November of this year. 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 will need place in the PokerGO Studio outside of ARIA in Las Vegas from November 4-14. This present year’s routine will look a lot different than the 2018 edition with this tournament, with additional of a focus on the games outside of no-limit hold’em. The one thing that will remain the exact same is the $100,000 Main Event, which will look virtually identical 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 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, most of the proceeds raised at the event shall be donated real-money-casino.club to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital will use the money in its fight neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, Multiple Sclerosis and ALS.

The tournament is going to 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 several 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 amongst 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’s the winner that is biggest 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 victory that is live. It was additionally their second-biggest career cash after he won over $200,000 into the 2017 World variety of Poker Main Event.

Ostapchenko took a chip that is substantial into the final dining table and didn’t look straight back. While he took home the massive $97K first-place prize, he had beenn’t the only big winner as every one of the top five finishers in this kind of competition took home upwards of $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged while the big champion of the Big Stax 2500, raking in $40,000 to their currently impressive $1.6 million total in all-time tournament cash profits.

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