This week's casino news starts us of in upstate New York where one of many many lavish, innovative 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 in the verge of bankruptcy following a year or two in which it absolutely was 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 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 staying shares associated with 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 finish of June. If Empire Resorts doesn't take the cope with the Genting Group, it would likely need to apply 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 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 financial revelations.
Highest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An independent analysis based on possible casinos into the Chicago area has revealed that there is certainly major danger associated with any projects in the city because of the 'highest effective gaming tax and fee structure in the United States'. Union Gaming Analytics, the company that put together the report, investigated the prospective outlook for casinos in the area after Chicago Mayor Lori Lightfoot supply her idea for the project that is new. 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 metal plant as the most likely destination for the new casino in the city according to the Las Vegas-based analytics company. Nevertheless, the report noted that the location did not matter as the proposed gross tax rate of 72 percent would keep any gambling facility from ever moving away from the ground. Whether or otherwise not Chicago officials choose revisit the taxation rates in the populous city in wake of the report is another tale entirely. For now, it appears as though any possible casino initiatives in the city will be placed on hold, so blackjack players will need certainly to keep searching for the place to play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One associated with the landmark hotel and casino destinations within the Las Vegas will close for eight months beginning in 2020 february. The Hard Rock Hotel and Casino will entirely power down operations for two-thirds of the year to make substantial modifications to their structures.
While a previous announcement by the casino suggested that the renovation period would be limited to four months, that timeline has changed dramatically in accordance with the latest improvement.
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 minimum as the best casino app for real money season that is regular significantly less than fourteen days away. However, some position battles are still ongoing. Listed here is a consider five key games to keep an eye on for NFL players that are betting
Indianapolis Colts @ Cincinnati Bengals
Thursday August 29th, 2019 7:00 PM ET
There isn't any way the Colts' game will likely be as entertaining as last week's matchup because of the Chicago Bears. After all, 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 side 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 might push for starts if Brissett struggles.
NFL Betting Line: Bengals -3
Philadelphia Eagles @ 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. 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 their rookie season. Now he comes back to East Rutherford to try out lots of friends 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 fourth year in a line. 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 year. 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 blow that is biggest associated with preseason with all the news of Luck's retirement, Houston is dealing with its own issues. The Texans lost running back Lamar Miller to a torn ACL. They also have some major issues on the unpleasant line that they won't manage to fix with nearly all of their starters on the sideline.
Week 4 are an essential test for Houston's backup offensive linemen that have to get 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 which were talked about as potential Super Bowl contenders will fulfill in Week 4 for the preseason hoping them all that they will meet again on the biggest stage of. 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 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 unveil associated with the 2019 Poker Masters schedule. We now know one of the keys details of that event, which will include plenty 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 early November of this year. The tournament will play a significant role in the year-long high roller points chase, which will see one skilled player secure rake-free entries for the number of different activities searching forward to 2020.
The 2019 version of the Poker Masters will need place within the PokerGO Studio outside of ARIA in vegas from November 4-14. This year's routine will lot look a different than the 2018 edition of the tournament, with more of a focus on the games outside of no-limit hold'em. The single thing that will remain equivalent is the $100,000 Main Event, which will look virtually identical in some recoverable format to last year's main event.
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, each of the proceeds raised at the occasion will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital shall utilize 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 buy-in that is initial. The first-place reward payout was set at $10,000 with a few runner-up prizes including fancy trips, expensive jewelry, and exclusive chef dinners.
With plenty of outstanding rewards 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 good week. He is 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, using house $97,220 in his first recorded live victory. It was additionally their second-biggest job cash after he won over $200,000 within the 2017 World variety of Poker Main Event.