Casino News: WH Layoffs, Jackpot Win, Robbery

Casino News: WH Layoffs, Jackpot Win, Robbery

This week’s casino headlines deliver a combination of very good news and news that is bad. We’ll begin with the news that is bad William Hill is scheduled in order to make some big layoffs into the uk.

Massive Layoffs Expected At William Hill Following Closure Of 700 Betting Shops

It’s taken a long time for online gaming to overtake the land-based variation, but this week, we saw a huge indicator of the existing times.

Massive layoffs are expected in the uk following William Hill’s decision to close 700 betting shops across the nation. The move comes after the UK government, under Theresa May, decided to cut back the spread of Fixed Odds Betting terminals. As result for the book closures, more than 4,500 jobs are expected to be lost in total. The gambling terminals, which critics have dubbed the ‘crack cocaine’ of gambling, had generated a boom in the number of shops on British streets that are high. But, having an original bet that is maximum of euros per play, there were concerns that players were kept much too susceptible to losing big levels of money whenever using the terminals.

One other issue is that online sports betting is more easily accessible and available. Visiting a shop that is land-based place bets felt a bit archaic.

The shop that is betting’ union Community called your choice by William Hill ‘devastating news’ for the company’s employees. Meanwhile, the critics that campaigned in favour of guide closures welco

Poker News: WSOP Bracelets For Zedan, Cazayous, Korenov

Poker News: WSOP Bracelets For Zedan, Cazayous, Korenov

We are the biggest poker competition of the year the 2019 World variety of Poker meaning a great amount of champions are coming down the pipe. Here are three notable players whom became champs this week that is past

Russian Online Poker Pro Korenov Wins Marathon Event

Roman Korenev, a poker that is russian best understood for his online success, fought their means up to a World group of Poker Marathon event title this week in Rio. Korenev, who earned his first career gold bracelet with the triumph, took home $477,401 for the victory.

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

The funds 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. Unlike several other tournaments, the slow-moving structure saw each player begin with 26,000 in chips, with each level of this marathon event lasting 100 minutes.

Zedan Dominates Final Table To Become

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 story from last week in which the Resorts World Catskills ended up being bankruptcy that is nearing. Fast forward to the week and additionally they’ve found a remedy to their woes that are financial.

Genting Group Purchases Upstate Brand New York Casino

Last week, it had been stated that the Resorts World Catskills was on the brink of bankruptcy. This week, they have found a customer to aid them escape of monetary 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 business considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale along with of this remaining shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer up to the Genting Group in the deal.

The Genting Group had been currently the investor that is largest in this particular 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 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 that the sale is to be completed at some point ahead of the end regarding the calendar year.

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