Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement
This week’s casino news follows up on a story from last week in which the Resorts World Catskills ended up being bankruptcy that is nearing. Fast forward to the week plus they’ve found a remedy for their financial woes.
Genting Group Purchases Upstate Brand New York Casino
The other day, it had been reported that the Resorts World Catskills was on the brink of bankruptcy. This week, they have discovered a customer to aid them get out of financial trouble.
The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two weeks after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale along with regarding the remaining stocks of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group into the deal.
The Genting Group ended up being already the largest investor in this specific casino, owning 86-percent of the stocks before they completed their many recent deal. According to reports, the Genting Group bought the remaining shares at about 15-percent significantly more than their market that is current value. After its purchase that is latest, Genting Group now has a total of 40 gambling enterprises in its portfolio. The expectation is that the sale will be finished at some point before the end of this season.
Las Vegas Sands Corp Facing $12 Billion Lawsuit In Macau
The vegas Sands Corporation is dealing with a $12 billion lawsuit from the business that is former in Macau. According to reports, the Sheldon Adelson-owned company is being sued over a breach that is alleged of over Macau Gaming Bid. The Asian American Entertainment Corporation is suing both the nevada Sands Corporation and three U.S.-based subsidiaries surrounding Sands’ effective bid for the Macau gaming license most of the way back in 2002. The initial hearing, in this case, will simply take put on September 11 in Macau.
This isn’t the time that is first’s company has encounter hot water in Macau. Sands and Chinese businessman Richard Suen were in a legal battle last March that has been settled away from court for the amount that is undisclosed. Despite the known undeniable fact that they truly are headed to court again, Adelson’s company remains looking to expand its operations throughout Asia. That includes recently announced plans to open a casino located in Japan. It will be interesting to observe how things play out with obvious interest from both sides in the midst of the lawsuit that is latest against the vegas Sands Corporation.
Dallas Cowboys Owner Gets Endorsement For $225 Million Casino In Arkansas
Dallas Cowboys owners Jerry Jones will reportedly look to extend their impressive profile with plans to create a $225 million casino in Pope County, Arkansas. Government officials within the continuing state have endorsed the plans laid out by Jones’ hospitality business Legends Hospitality, which partnered with the Cherokee Nation based in Oklahoma to build the casino proposal.
The initial pitch included 1,200 slots on the casino floor, a 200-room resort attached to the building, a backyard water park and a music venue. Jones’ company was competing with five other operators that were seeking approval from hawaii to land the fourth and last gaming license available in Arkansas.
Last November, Arkansas voters passed a ballot initiative to create casinos towards the state. Now it appears one is on the method with Legends Hospitality as well as the Cherokee country partnering together in order to make it happen into the very near future.
NFL Betting: Top 5 Games Of Week 1
It has been seven months because the New England Patriots slammed the hinged door closed in the la Rams to win Super Bowl LIII. After having a long offseason and a month of exhibition games, the 2019 NFL regular season will finally kick this week off. Here you will find the top five games of Week 1 to check forward to:
Green Bay Packers @ Chicago Bears
Odds: Bears -3 -120
The NFL’s 100TH season will kick off with the renewal of just one of this earliest rivalries into the sport if the Packers visit the Bears on Night Football thursday. Aaron Rodgers and company have something to prove after having a season that is disappointing which they finished 6-9-1 and missed the playoffs. So that you can get back to the postseason, they will need to get through teams just like the defending NFC North champions Chicago. Coming off a 12-4 season, the Bears want to take that next thing and become legitimate Super Bowl contenders this season.
Atlanta Falcons @ Minnesota Vikings
Odds: Vikings -3.5
This is another intriguing matchup featuring a set of potential NFC playoff teams. Both teams have made playoff that is somewhat recent but have disappointed since. The Falcons lost in Super Bowl LI but have actually stumbled since. Meanwhile, the Vikings played in the 2018 NFC Championship Game but dropped off the map inside their year that is first with Cousins in the lineup.
This Week 1 matchup will set a very early tone for both groups.
Kansas City Chiefs @ Jacksonville Jaguars
Odds: Chiefs -3.5
The Chiefs dropped only one win quick of reaching the Super Bowl an ago year. Now they get back with a revamped defense and the league MVP at quarterback, hoping they did enough to place themselves throughout the top within the AFC. A Week 1 trip to Jacksonville are going to be an opening that is good for Patrick Mahomes and company.
The Jaguars went from an AFC Championship Game appearance in 2018 to a disappointing 5-11 season in 2018, therefore they have lots to prove. They finally addressed its situation that is quarterback by for Nick Foles, who will make his first for the team in Week 1. We’ll observe their vaunted defense matches up against the explosive Chiefs.
Tennessee Titans @ Cleveland Browns
Odds: Browns -5.5
After all of the hype that followed the franchise through the entire offseason, the new-look Browns will kick their season off at home against the Titans on Sunday afternoon. Second-year quarterback Baker Mayfield has some new weapons to make use of, including Odell Beckham Jr. Week 1 will provide us with our first appearance at an offense that has the prospective become among the absolute most explosive in the NFL. Meanwhile, the Titans enter the year that is fifth of Marcus Mariota era with serious question marks about whether or not he can be their franchise quarterback.
Pittsburgh Steelers @ New England Patriots
Odds: Patriots -6
The first Sunday wraps up with all the defending Super Bowl champion Patriots unveiling their sixth Super Bowl banner before hosting the Steelers. While it’s only Week 1, this game could have implications that are significant both teams. Pittsburgh begins the Brown that is post-Antonio’Veon Bell era with quite an optimism they have sufficient pieces to contend for a playoff spot. Meanwhile, in New England, we will see what this season’s Patriots look like with Tom Brady a year older and no rob gronkowski to get results with.
Casino News: Macau Gross Gaming Revenue Takes Major Hit
Macau Gross Gaming Income Takes Major Hit In of August month
As protests in Hong Kong rage on, gambling revenues within the nearby gambling territory of Macau have been hit hard g’day mate casino.
The gross gaming revenues in the lone territory in Asia where gambling is allowed took a significant hit within the month of August. Revenues in Macau dropped by 8.6 per cent in the thirty days, which is a lot more than double the four-percent drop that some experts had projected. The overall hit resulted in August being the third-worst month of 2019 for the location. While some have actually blamed poor weather in the area throughout August, it’s impossible to ignore the reality regarding the protests in nearby Hong Kong as severely affected the overall figures. At one point last month, protesters had shut down the Hong Kong airport for the number of days.
Still, it is vital to place this number in perspective. Macau’s August GGR still reached a total of $3.01 billion. The very fact it is down from the $3.28 billion generated in August of last year is an issue, but that does not mean the Chinese area didn’t land a major score. Up to now in 2019, the GGR number stands at $24.5 billion. While that is nearly two-percent lower it is still a significant number than it was at the same time in 2018.
Sports Betting License Regulations Approved By D.C. Lottery
Sports fans that are betting the Washington, D.C. area are thrilled to find out that the D.C. Lottery has approved sports betting regulations in the state. They will officially start taking permit applications in the coming weeks.
The changes to the statutory law will push bettors within the area one step closer towards legally betting on displaying events in the District of Columbia. While no company within a two-block radius of a sporting occasion stadium should be able to apply for a license, there are numerous of different establishments that will be able to do this in order to cater to those interested in wagering in D.C.
The D.C. Lottery works with licensed sportsbooks operating in D.C.’s four sports that are major and stadiums, hotels, bars, and even some restaurants in the area. Their state will provide full licenses because well as provisional licenses, which will both need a 30-day review before they’re granted.
Prohibited Gambler Cannot Claim Jackpot At Ameristar Casino In Iowa
The Ameristar Casino Hotel in Council Bluffs, Iowa has refused to cover down a $1,733 jackpot to a gambler that had been apparently prohibited from using the slot machines at the casino within the place that is first. While the girl somehow been able to make it straight back inside the facility to try out, her name was for a list of banned patrons and had been flagged when she attempted to gather after hitting the jackpot.
The woman, Tamara Bean of Omaha, has appealed the no-payment decision to state officials. However, they will perhaps not challenge the conclusion of the Penn National Gaming-operated casino.
Based on the casino officials, they’ren’t required to help keep banned patrons outside of these establishment but will not spend them out if they are blacklisted. If she can’t collect on her winnings, however, it begs the question if she can collect back whatever she lost. It looks like
the casino has no problem with making a revenue off of a banned patron but will not shell out any cash at all if they actually win.
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