Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement
This week’s casino news follows up on an account from last week where the Resorts World Catskills was nearing bankruptcy. Fast forward for this week and so they’ve found a remedy for their woes that are financial.
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 customer to greatly help them move out of financial trouble.
The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes not as much as two weeks after the casino’s parent business considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale with all of the staying shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer up to the Genting Group within the deal.
The Genting Group [...]