Gov. Paterson signs Concord bill

9 Jul 2008

MONTICELLO, New York -- (PRESS RELEASE) -- Empire Resorts, Inc. (NASDAQ: NYNY) and Concord Associates announced that Governor David Paterson has signed legislation granting an enhanced revenue structure to cover expenditures of a $1 billion dollar world-class gaming resort destination at the site of the historic Concord Hotel in Sullivan County, N.Y. The project is scheduled to open in 24 months. Demolition of the existing structures will be completed in July, when new construction is slated to begin.

David P. Hanlon, CEO of Empire Resorts, said, "Now that Governor Paterson has signed the program bill, we have cleared the final legislative hurdle and are excited to turn our attention to building a first-class resort and gaming facility in the Catskills with our partner Concord Associates that will restore the Catskills as a premier tourist region. We still plan to complete demolition of the existing Concord Hotel structures and begin construction in July."

Gov. Paterson signs Concord bill is republished from CasinoCityTimes.com.

Language Support: Your Location: > edit your preferences Home Online Slots Online Casinos Online Poker Online Bingo Backgammon Mahjong & Rummy Skill Games Lotteries Sportsbooks Betting Exchanges Spread Betting Binary Options Live Dealers Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Related Links New York Gambling
	Gov. Paterson signs Concord bill 9 Jul 2008 <a href='http://as1.casinocity.com/adclick.php?n=a21efcd1'><img src='http://as1.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt=''></a> MONTICELLO, New York -- (PRESS RELEASE) -- Empire Resorts, Inc. (NASDAQ: NYNY) and Concord Associates announced that Governor David Paterson has signed legislation granting an enhanced revenue structure to cover expenditures of a $1 billion dollar world-class gaming resort destination at the site of the historic Concord Hotel in Sullivan County, N.Y. The project is scheduled to open in 24 months. Demolition of the existing structures will be completed in July, when new construction is slated to begin. David P. Hanlon, CEO of Empire Resorts, said, "Now that Governor Paterson has signed the program bill, we have cleared the final legislative hurdle and are excited to turn our attention to building a first-class resort and gaming facility in the Catskills with our partner Concord Associates that will restore the Catskills as a premier tourist region. We still plan to complete demolition of the existing Concord Hotel structures and begin construction in July." Gov. Paterson signs Concord bill is republished from CasinoCityTimes.com.

Related Links

Gov. Paterson signs Concord bill