Atlantic City Casino Income Shows Signs of Stabilizing, Online Gambling Thriving

Atlantic City Casino Income Shows Signs of Stabilizing, Online Gambling Thriving

The financial crash in Atlantic City has seemed to bottom down at the very least for the casinos, as revenues for the residual gambling resorts are 3.1 percent greater than these were at this time year that is last.

Atlantic City casinos could have finally weathered the storm and started to stabilize the gambling industry for the eight resorts that are remaining. After 10 years of decreasing profits because of America’s Great Recession and neighboring states pushing gambling legislation in response to abating tax bases, Atlantic City has did actually reach a norm that is new.

Less than 2 yrs after one-fourth of its casinos went away from company, profits for Atlantic City decreased only marginally in March. The region’s casino win totaled $187,463,591 for a 1.7 loss that is percent though when online gambling is included Atlantic City dropped just 0.4 percent.

Traditional dining table gaming had been the performer that is worst in March as casinos reported a 5.9 percent drop on supposedly greater win rates. The decline ended up being offset by online video gaming, which rose an astonishing 17.8 percent during the month.

Calm After the Storm

Although the local government in Atlantic City is broke and currently engaged in a bitter debate with Governor Chris Christie (R) and State Senate President Stephen Sweeney (D) over who is better to manage the city’s data recovery, 2016 is off to a great b Continue reading “Atlantic City Casino Income Shows Signs of Stabilizing, Online Gambling Thriving”

Barbara Sinatra, Frank’s Fourth Wife and Icon of Vintage Vegas, Dies at 90

Barbara Sinatra, Frank’s Fourth Wife and Icon of Vintage Vegas, Dies at 90

Barbara Sinatra, wife of iconic entertainer Frank Sinatra and one of the last links to vintage Las Vegas, died Tuesday at age 90. She had held it’s place in decreasing health the final few months and died of normal causes, surrounded by family members in her home in Rancho Mirage, California.

Philanthropist Barbara Sinatra, a showgirl that is former Frank Sinatra’s 4th spouse, died Tuesday at the age of 90.

While her third husband ended up being famous for his performances on the Strip, appearing with fellow singers Sammy Davis, Jr., and Dean Martin as an element of the recognized Rat Pack, she too had a strong association with the Sin City and its glamorous casino image.

A model who won a beauty contest in Long Beach, Ca, Sinatra arrived to las vegas to work being a showgirl at the Riviera. There she met Zeppo Marx, who she married in 1959. The two would ultimately settle down in Rancho Mirage, the toney desert town 120 miles east of Los Angeles.

Meeting Ol’ Blue Eyes

With Marx’s connections, Barbara soon started socializing with many of the Hollywood elite. One of her neighbors was Sinatra. The two started a friendship after he asked her to try out tennis along with his ex-wife, Ava Gardner.

For a long time, the two remained nothing but friends, according to Hollywood biographers. She was still married to Marx if they met, and the two, along side Sinatra and then-wife Mia Farrow, would travel to Continue reading “Barbara Sinatra, Frank’s Fourth Wife and Icon of Vintage Vegas, Dies at 90”

Poker News: WSOP Bracelets For Zedan, Cazayous, Korenov

Poker News: WSOP Bracelets For Zedan, Cazayous, Korenov

We’re the poker tournament that is biggest of the year the 2019 World variety of Poker this means an abundance of winners are coming down the pipe. Here are three notable players who became champs this previous week:

Russian Internet cleopatra slot game Poker Expert Korenov Wins Marathon Event

Roman Korenev, A russian poker pro best understood for his online success, fought their way to a World group of Poker Marathon event name this week in Rio. Korenev, who attained his first career gold bracelet with the success, took home $477,401 for the victory.

Korenev been able to outlast the field of 1,083 players at the Rio Casino to make the biggest part associated with $2,553,714 prize pool. The 30-year-old gambling professional, who is from the city of Krasnoyarsk, had previously posted a finish that is best of fourth place at the 2016 European Poker Tour Barcelona when he netted just under $200K for that success. With the help of his biggest cash prize to date, Korenev has now earned just north of $2.1 million in career live competition earnings.

The money wasn’t easily earned as Korenev’s battle with upwards of the thousand other players. That included a battle that is heads-up American Jared Koppel that lasted more than five hours. The slow-moving structure saw each player begin with 26,000 in chips, with each level of the marathon event lasting 100 minutes unlike some other tournaments.

Zedan Dominates Final Table To Become First El Continue reading “Poker News: WSOP Bracelets For Zedan, Cazayous, Korenov”

Casino Information – Resorts World Catskills In Trouble, No Casinos For Chicago, Rough Rock Vegas Closing For Renos

Casino Information – Resorts World Catskills In Trouble, No Casinos For Chicago, Rough Rock Vegas Closing For Renos

This week’s casino news starts us of in upstate New York where one of the most lavish, revolutionary casinos is on the verge of bankruptcy. Can the Resorts World Catskills be saved still?

Resorts World Catskills On Verge Of Bankruptcy

The upstate casino that is largest in nyc is reportedly on the verge of bankruptcy following a few years in which it had been unable to generate profits. According to the report, the Resorts World Catskills was hit with a $36 million loss in the last quarter. The business is seriously considering bankruptcy that is claiming an effort to square away its debts.

The casino’s shareholder that is largest, the Genting Group, has placed forward a proposition to buy out the staying shares associated with the company from the parent company Empire Resorts. According to an SEC filing by the company that is publicly-traded the $1 billion casino in Monticello suffered operating losses of $73.5 million through the conclusion of June. If Empire Resorts doesn’t take the handle the Genting Group, it might likely need certainly to apply for Chapter11 bankruptcy so that you can negotiate its debts with creditors.

After projecting $300 million in revenue for 2019, the Resorts World Catskills happens to be on pace to fall almost $100 million brief of that mark. It will be interesting to see what route the Genting Group decides to take continue after Continue reading “Casino Information – Resorts World Catskills In Trouble, No Casinos For Chicago, Rough Rock Vegas Closing For Renos”