Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

This week’s casino news follows up on a tale from the other day where the Resorts World Catskills ended up being nearing bankruptcy. Fast forward to this week and they’ve found an answer with their financial woes.

Genting Group Purchases Upstate Brand New York Casino

Last week, it had been reported that the Resorts World Catskills was on the brink of bankruptcy. This week, they will have found a customer to greatly help them get out of economic trouble.

The Genting Group has purchased the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two months after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale with all associated with the remaining shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group within the deal.

The Genting Group had been already the largest investor in this specific casino, owning 86-percent of the stocks before they completed their most recent deal. According to reports, the Genting Group purchased the remaining shares at about 15-percent a lot more than their market that is current value. As a result of its latest purchase, Genting Group now has a total of 40 gambling enterprises in its portfolio. The expectation is the sale is to be finished at some point prior to the end for the calendar year.

Las Vegas Sands Corp Facing $12 Billion Lawsuit In Macau

The nevada Sands Corporation is dealing with a $12 billion lawsuit from the former business partner in Macau. According to reports, the Sheldon Adelson-owned business has been 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’ successful bid for a Macau gaming license most of the way back in 2002. The initial hearing, in this case, will 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 which was settled away from court for an amount that is undisclosed. Despite the known proven fact that these are typically headed to court again, Adelson’s company remains looking to expand its operations throughout Asia. Which includes recently announced plans to open a casino positioned in Japan. It will be interesting to see how things play out with obvious interest from both sides in the midst of the lawsuit that is latest against the Las vegas, nevada 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 construct a $225 million casino in Pope County, Arkansas. Government officials in the state have endorsed the plans laid away by Jones’ hospitality business Legends Hospitality, which partnered with the Cherokee country based in Oklahoma to create the casino proposal.

The initial pitch included 1,200 slot machines on the casino floor, a 200-room hotel linked to the building, a patio water park and a music venue. Jones’ company was contending with five other operators that were approval that is seeking hawaii to land the fourth and final gaming permit for sale in Arkansas.

Last November, Arkansas voters passed a ballot initiative to create casinos towards the state. Now it appears one is on the means with Legends Hospitality as well as the Cherokee Nation partnering together to help make it take place in the very near future.

NFL Betting: Top 5 Games Of 1 week

It was seven months because the New England Patriots slammed the hinged door shut regarding the Los Angeles Rams to win Super Bowl LIII. After a long offseason and one month of exhibition games, the 2019 NFL regular season will finally kick this week off. Here you will find the top five games of 1 to look forward to week:

Green Bay Packers @ Chicago Bears

Chances: Bears -3 -120

The NFL’s 100TH season will kick off with the renewal of just one associated with the oldest rivalries in the sport when the Packers visit the Bears on Night Football thursday. Aaron Rodgers and business have actually one thing to prove after a season that is disappointing that they finished 6-9-1 and missed the playoffs. In order to get back to the postseason, they will have to get through teams as good as the defending NFC North champions Chicago. Coming off a 12-4 season, the Bears want to take that alternative and start to become legitimate Super Bowl contenders this season.

Atlanta Falcons @ Minnesota Vikings

Chances: Vikings -3.5

This is certainly another matchup that is intriguing a pair of potential NFC playoff teams. Both teams have actually 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 in their year that is first with Cousins in the lineup.

This Week 1 matchup will set a tone that is early both teams.

Kansas City Chiefs @ Jacksonville Jaguars

Odds: Chiefs -3.5

The Chiefs fell only one win quick of reaching the Super Bowl an ago year. Now they return with a revamped defense and the league MVP at quarterback, hoping they did enough to place themselves within the top within the AFC. A Week 1 visit to Jacksonville are going to be an opening that is good for Patrick Mahomes and business.

The Jaguars went from an AFC Championship Game appearance in 2018 to a 5-11 that is disappointing in 2018, therefore they have lots to prove. They finally addressed its quarterback situation by trading 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 throughout 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 brand new weapons to assist, including Odell Beckham Jr. Week 1 will offer us with our first look at an offense who has the potential to be among probably 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 @ Brand New England Patriots

Odds: Patriots -6

The Sunday that is first wraps 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 post-Antonio Brown, post-Le’Veon Bell era with quite an optimism they’ve sufficient pieces to contend for a playoff spot. Meanwhile, in New England, we’ll see what this year’s Patriots look like with Tom Brady a year older and no rob gronkowski to the office with.

Casino News: Macau Gross Gaming Revenue Takes Major Hit

Macau Gross Gaming Revenue Takes Major Hit In Month Of August

As protests in Hong Kong rage on, gambling revenues in the gambling that is nearby of Macau have now been hit hard.

The gross gaming revenues in the lone territory in China where gambling is permitted took a major hit within the month of August. Revenues in Macau dropped by 8.6 percent in the thirty days, 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 area. While some have blamed poor weather in the area throughout August, it’s impossible to disregard the reality for the protests in nearby Hong Kong as severely impacted the overall numbers. At one point last month, protesters had shut down the Hong Kong airport for a couple of days.

Still, it’s important to place this number in perspective. Macau’s GGR still reached a total of $3.01 billion august. The fact that it is down from the $3.28 billion generated in August of last year is an issue, but that doesn’t mean the Chinese area didn’t land a major score. So far in 2019, the GGR number stands at $24.5 billion. While that is nearly two-percent reduced than it ended up being in addition in 2018, it’s nevertheless a substantial quantity.

Sports Betting License Regulations Approved By D.C. Lottery

Sports betting fans in the Washington, D.C. area are delighted to learn that the D.C. Lottery has approved sports betting regulations in the state. They are going to officially begin license that is taking in the coming weeks.

The changes to the statutory legislation will push bettors in the area one step closer towards legally betting on displaying events in the District of Columbia. While no business within a two-block radius of a sporting occasion stadium will be able to apply for a permit, there are numerous of different establishments that will be able to do so 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 your community. Hawaii will provide full licenses because well as provisional licenses, which will both need a review that is 30-day they truly are granted.

Banned Gambler Cannot Claim Jackpot At Ameristar Casino In Iowa

The Ameristar Casino Hotel in Council Bluffs, Iowa has refused to pay out a $1,733 jackpot to a gambler that ended up being apparently prohibited from using the slot machines at the casino into the place that is first. As the girl somehow was able to make it straight back in the facility to try out, her name had been on a list of banned patrons and was flagged when she attempted to collect after hitting the jackpot.

The lady, Tamara Bean of Omaha, has appealed the no-payment decision to state officials. But, they will maybe not challenge the summary of the Penn National Gaming-operated casino.

According to the casino officials, they have beenn’t needed to help keep banned patrons outside of their establishment but will not pay them out when 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 does not have any issue with making a revenue off of the prohibited patron but will not shell any money out at all if they actually win.

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