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

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8th January

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

This week’s casino news follows up on a story from last week where in fact the Resorts World Catskills was nearing bankruptcy. Fast forward to the week and they’ve found an answer to their financial woes.

Genting Group Purchases Upstate 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 buyer to help them get out of financial trouble.

The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes lower than two days after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the purchase with all associated with staying shares of its $1.2 billion Las Vegas-style casino in Monticello set to … Read More »