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

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

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

Genting Group Purchases Upstate New York Casino

Last week, it was stated that the Resorts World Catskills was on the brink of bankruptcy. This week, they will have found a buyer to help them escape of monetary trouble.

The Genting Group has purchased the Resorts World Catskills from Empire Resorts. The announcement comes less than two days after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the purchase along with of 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 ended up being already the investor that is largest in this specific casino, owning 86-percent of the shares before they completed their most 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. Following its latest purchase, Genting Group now has a total of 40 gambling enterprises in its portfolio. The expectation is the fact that the sale will be finished at some point ahead of the end of the twelve months.

Las Vegas Sands Corp Facing $12 Billion Lawsuit In Macau

The Las vegas, nevada Sands Corporation is facing a $12 billion lawsuit from the previous business partner in Macau. According to reports, the Sheldon Adelson-owned business will be sued over a so-called breach of agreement 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 hearing that is initial in this situation, will simply take put on September 11 in Macau.

This isn’t the very first time Adelson’s company has encounter hot water in Macau. Sands and Chinese businessman Richard Suen were in a legal battle last March that was settled out of court for an undisclosed amount. Despite the known fact that these are typically headed to court again, Adelson’s business is still looking to expand its operations throughout Asia. Which includes recently announced plans to open a casino positioned in Japan. It will be interesting to observe how things play out with apparent interest from both sides in the midst of the lawsuit that is latest 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 impressive portfolio with plans to construct a $225 million casino in Pope County, Arkansas. Government officials in the state have endorsed the plans laid out by Jones’ hospitality business Legends Hospitality, which partnered with the Cherokee Nation based in Oklahoma to create the casino proposal.

The initial pitch included 1,200 slot machines on the casino floor, a 200-room resort linked to the building, an outdoor water park and a music venue. Jones’ company was contending with five other operators that were seeking approval from the state to land the fourth and last gaming license for sale in Arkansas.

Last November, Arkansas voters passed a ballot initiative to bring casinos to your state. Now it seems one is on the means with Legends Hospitality and also the Cherokee Nation partnering together to create it take place into the very 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 hinged door closed regarding the la Rams to win Super Bowl LIII. After a long offseason and four weeks of event games, the 2019 NFL regular season will finally kick this week off. Here you will find the top five games of Week 1 to appear ahead to:

Green Bay Packers @ Chicago Bears

Chances: Bears -3 -120

The NFL’s 100TH season will kick off with the renewal of one associated with oldest rivalries in the sport when the Packers visit the Bears on Thursday Night Football. Aaron Rodgers and company have actually one thing to show 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 down a season that is 12-4 the Bears want to take that next step and start to become legitimate Super Bowl contenders this season.

Atlanta Falcons @ Minnesota Vikings

Chances: Vikings -3.5

This really is another intriguing matchup featuring a couple of potential NFC playoff teams. Both teams have actually made somewhat present playoff runs but have actually 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 within their year that is first with 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 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 on 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, so 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 how their vaunted defense matches up against the explosive Chiefs.

Tennessee Titans @ Cleveland Browns

Odds: Browns -5.5

After all the hype that followed the franchise through the entire offseason, the new-look Browns will kick their season off at house against the Titans on Sunday afternoon. Second-year quarterback Baker Mayfield has some new tools to work with, including Odell Beckham Jr. Week 1 will provide us with our first look at an offense who has the possible become 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 @ 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 significant implications for both teams. Pittsburgh begins the Brown that is post-Antonio’Veon Bell era with quite an optimism that they have enough pieces to contend for a playoff spot. Meanwhile, in New England, we will see what this season’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 leo vegas online Takes Major Hit In of August month

As protests in Hong Kong rage on, gambling revenues into the nearby gambling territory of Macau are struck hard.

The gaming that is gross in the lone territory in China where gambling is permitted took a major hit in the month of August. Revenues in Macau dropped by 8.6 % in the thirty days, which is significantly more than increase the drop that is four-percent some experts had projected. The hit that is overall 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 ignore the truth regarding the protests in nearby Hong Kong as severely affected the overall numbers. At one point last month, protesters had shut straight down the Hong Kong airport for a handful of days.

Still, it is critical to place this true number in perspective. Macau’s August GGR still reached a total of $3.01 billion. The actual fact it is down from the $3.28 billion created in August of final year is an issue, but it doesn’t mean the Chinese area didn’t land a score that is major. To date in 2019, the GGR number stands at $24.5 billion. While that is nearly two-percent lower than it was as well in 2018, it’s nevertheless an important number.

Sports Betting License Regulations Approved By D.C. Lottery

Sports fans that are betting the Washington, D.C. area are thrilled to learn that the D.C. Lottery has approved sports betting regulations in the state. They’ll officially start using license 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 radius that is two-block of sporting event stadium will be able to apply for a license, there are a number of different establishments which is able to do so 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. Hawaii will offer full licenses as well as provisional licenses, which will both require a review that is 30-day these are typically granted.

Prohibited Gambler Cannot Claim Jackpot At Ameristar Casino In Iowa

The Ameristar Casino Hotel in Council Bluffs, Iowa has refused to cover away a $1,733 jackpot to a gambler that was apparently prohibited from using the slots at the casino into the place that is first. Although the girl somehow were able to make it back within the facility to relax and play, her name was on a list of banned patrons and had been flagged whenever she attempted to gather after hitting the jackpot.

The girl, Tamara Bean of Omaha, has appealed the decision that is no-payment state officials. However, they will maybe not challenge the summary of the Penn National Gaming-operated casino.

Based on the casino officials, they aren’t needed to help keep banned clients outside of their establishment but will not pay them out if they are blacklisted. If she can’t collect on her winnings, however, it begs the concern if she can collect back whatever she lost. It appears like

the casino does not have any issue with making a profit off of a banned patron but will not shell any money out at all if they actually win.

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