Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement
This week’s casino news follows up on a tale from a week ago in which the Resorts World Catskills had been nearing bankruptcy. Fast forward for this week in addition they’ve found a remedy with their woes that are financial.
Genting Group Purchases Upstate Brand New York Casino
A week ago, it had been stated that the Resorts World Catskills was on the brink of bankruptcy. This they’ve found a buyer to help them get out of financial trouble week.
The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two months after the casino’s parent business considered filing for Chapter 11 bankruptcy. Empire Resorts announced the purchase with all regarding the staying shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group in the deal.
The Genting Group was already the largest investor in this particular casino, owning 86-percent of the stocks before they completed their many recent deal. According to reports, the Genting Group purchased the remaining shares at about 15-percent more than their current market value. After its purchase that is latest, Genting Group now has a total of 40 casinos in its portfolio. The expectation is that the sale is to be completed at some point prior to the end associated with calendar year.
Las Vegas Sands Corp Facing $12 Billion Lawsuit In Macau
The Las Vegas Sands Corporation is facing a $12 billion lawsuit from a business that is former in Macau. According to reports, the Sheldon Adelson-owned company will be sued over a alleged breach of agreement over Macau Gaming Bid. The Asian American Entertainment Corporation is suing both the Las Vegas Sands Corporation and three U.S.-based subsidiaries surrounding Sands’ effective bid for a Macau gaming license all of the way back in 2002. The initial hearing, in this situation, will simply take put on September 11 in Macau.
This is certainlyn’t the time that is first’s company has come across hot water in Macau. Sands and Chinese businessman Richard Suen were in a legal battle last March that has been settled out of court for an undisclosed amount. Despite the undeniable fact that they’ve been headed to court again, Adelson’s company remains looking to grow its operations throughout Asia. That includes recently announced plans to open a casino located in Japan. It will be interesting to see how things play out with obvious interest from both sides in the midst of the latest lawsuit against the Las 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 portfolio that is impressive with to create a $225 million casino in Pope County, Arkansas. Government officials in no deposit bonus planet 7 oz the state have endorsed the plans laid out by Jones’ hospitality business Legends Hospitality, which partnered with the Cherokee country based in Oklahoma to create the casino proposal.
The pitch that is initial 1,200 slots on the casino floor, a 200-room hotel linked to the building, an outdoor water park and a music location. Jones’ company was competing with five other operators that were approval that is seeking 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 way with Legends Hospitality plus the Cherokee Nation partnering together to make it happen into the really future that is near.
NFL Betting: Top 5 Games Of 1 week
It has been seven months considering that the brand New England Patriots slammed the door closed regarding the Los Angeles Rams to win Super Bowl LIII. Following a long offseason and a month of event games, the 2019 NFL regular season will finally kick off this week. Here are the top five games of Week 1 to appear forward to:
Green Bay Packers @ Chicago Bears
Chances: Bears -3 -120
The NFL’s 100TH season will kick off with the renewal of just one of this earliest rivalries within the sport if the Packers visit the Bears on Thursday Night Football. Aaron Rodgers and company have something to prove following a season that is disappointing that they finished 6-9-1 and missed the playoffs. To be able to get back to the postseason, they shall need to get through teams as good as the defending NFC North champions Chicago. Coming off a season that is 12-4 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 will be another matchup that is intriguing 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 stumbled since. Meanwhile, the Vikings played in the 2018 NFC Championship Game but fell off the map inside their first 12 months with Kirk Cousins in the lineup.
This Week 1 matchup will set a tone that is early both groups.
Kansas City Chiefs @ Jacksonville Jaguars
Odds: Chiefs -3.5
The Chiefs fell only one win short of reaching the Super Bowl a year ago. Now they get back with a revamped defense and the league MVP at quarterback, hoping they did enough to place themselves throughout the top in the AFC. A Week 1 visit to Jacksonville is a good opening test for Patrick Mahomes and business.
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 debut for the group in Week 1. We’ll observe their vaunted defense matches up against the explosive Chiefs.
Tennessee Titans @ Cleveland Browns
Odds: Browns -5.5
After every one of the hype that followed the franchise through the offseason, the new-look Browns will kick off their season at home against the Titans on Sunday afternoon. Second-year quarterback Baker Mayfield has some new weapons to use, including Odell Beckham Jr. Week 1 will provide us with our first look at an offense which has the prospective to be among the 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. Whilst it’s only Week 1, this game could have significant implications for both teams. Pittsburgh begins the Brown that is post-Antonio’Veon Bell era with quite an optimism that they have sufficient pieces to contend for a playoff spot. Meanwhile, in New England, we are going to see what this present year’s Patriots look like with Tom Brady an older and no rob gronkowski to work with year.
Casino News: Macau Gross Gaming Revenue Takes Major Hit
Macau Gross Gaming Revenue Takes Major Hit In of August month
As protests in Hong Kong rage on, gambling revenues in the gambling that is nearby of Macau have already been struck hard.
The gaming that is gross in the lone territory in Asia where gambling is allowed took a significant hit in the thirty days of August. Revenues in Macau dropped by 8.6 percent in the month, which is significantly more than increase the drop that is four-percent some experts had projected. The overall hit resulted in August being the third-worst month of 2019 for the location. While some have blamed inclement weather in the area throughout August, it’s impossible to disregard 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 a couple of days.
Still, it is vital to put this number in perspective. Macau’s August GGR still reached a total of $3.01 billion. The actual fact that it’s down from the $3.28 billion produced in August of last year is a problem, but that doesn’t mean the Chinese region 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 betting fans in the Washington, D.C. area are thrilled to discover 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 into the area one step closer towards legally betting on sporting events in the District of Columbia. While no business within a two-block radius of a sporting event stadium will be able to apply for a license, there are a number of various establishments which is able to take action in order to cater to those interested in betting in D.C.
The D.C. Lottery will continue to work with licensed sportsbooks operating in D.C.’s four sports that are major and stadiums, hotels, bars, and also some restaurants in the region. The state will offer complete licenses as well as provisional licenses, which will both require a review that is 30-day they are granted.
Prohibited Gambler Cannot Claim Jackpot At Ameristar Casino In Iowa
The Ameristar Casino Hotel in Council Bluffs, Iowa has refused to pay down a $1,733 jackpot to a gambler that ended up being apparently prohibited from using the slots at the casino in the place that is first. While the girl somehow was able to make it right back in the facility to relax and play, her name ended up being for a list of banned patrons and had been flagged when she attempted to collect after hitting the jackpot.
The girl, Tamara Bean of Omaha, has appealed the decision that is no-payment state officials. Nonetheless, they will not challenge the summary of the Penn National Gaming-operated casino.
Based on the casino officials, these are typicallyn’t needed to keep banned patrons outside of these establishment but will not pay them out if they are blacklisted. If she can’t collect on her winnings, though, it begs the question if she can collect back whatever she lost. It appears like
the casino has no problem with making a profit off of the prohibited patron but will not shell out any money at all if they actually win.
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