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Empire Resorts, Inc. News
Henderson resort company sees shakeup, moving to N.Y.
15 Apr 2009
Empire Resorts shakeup includes plan to move company headquarters to New York and resignation of CEO David Hanlon.
Empire Resorts reports loss of $12.2M, might face bankruptcy
18 Mar 2009
News brief: Empire Resorts reported steep losses in 2008 at its struggling Monticello racino, and company officials now say that bankruptcy could be looming.
Concord Associates completes loan financing
28 Aug 2008
Empire Resorts, Inc. has been informed that its joint venture partner, Concord Associates L.P., has completed a $225 million equity loan financing with Entertainment Properties Trust.
Gov. Paterson signs Concord bill
9 Jul 2008
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.
Empire Resorts names new directors
3 Jul 2008
Empire Resorts, Inc. reports that effective June, 30, 2008, Bruce Berg has been appointed to its board of directors.
Empire Resorts to issue 4.2 million shares
3 Apr 2008
Empire Resorts, Inc. and LRC Acquisition have entered into a Stock Purchase Agreement through which LRC will purchase 4.2 million shares of newly-issued Empire Resorts’ common stock at a price of $1.233 per share.
Empire Resorts adopts Stockholder Rights Plan
25 Mar 2008
Empire Resorts, Inc. reports that on March 24, 2008, its Board of Directors adopted a Stockholder Rights Plan.
New York casino plan finds support
19 Feb 2008
News Brief: State Senator William Larkin, who chairs the Senate Gaming and Racing Committee, says the new plans to redevelop the former Concord Hotel are a good idea.
Empire Resorts, St. Regis Mohawk Tribe enlist arbitrator
18 Feb 2008
News Brief: Empire Resorts and the St. Regis Mohawk Tribe have enlisted a third-party arbitrator.
Empire Resorts, St. Regis Mohawk Tribe split gets messy
15 Feb 2008
News Brief: The breakup of the agreement between Empire Resorts and the St. Regis Mohawk Tribe to build a gaming casino resort at Monticello Raceway is turning into a ‘he said, she said’ situation of sorts.
Empire Resorts supports St. Regis Mohawk project
8 Feb 2008
Empire Resorts, Inc. is aware of a press release issued by the Tribe on February 5, 2008 and wishes to confirm that it has not abandoned the St. Regis Mohawk casino project in Monticello and has no intention of doing so.
Empire Resorts abandons Mohawk's Catskills project
7 Feb 2008
Empire Resorts, the
St. Regis Mohawk Tribe's Sullivan County casino development partner has
notified the Tribe of its intention to abandon the Mohawk's Catskills
casino project at Monticello Raceway.
St. Regis Mohawk Tribe sues officials
11 Jan 2008
The St. Regis Mohawk Tribe has filed a lawsuit against three federal officials for unlawfully rejecting the Tribe’s application to place approximately 29 acres of land in Sullivan County in trust for the Tribe.
St. Regis Mohawk tribe denied application
7 Jan 2008
The St. Regis Mohawk’s Tribe, received a letter from the Department of the Interior denying the Tribe’s application to place 29.31 acres at the Monticello raceway into trust for the purposes of building a casino.
Empire Resorts reports Q3 results
9 Nov 2007
Empire Resorts, Inc. reports net revenue for Q3 was $22.5 million, down 22% from the $28.7 million reported in the Q3 2006.
Empire Resorts announces new board appointments
21 Aug 2007
Empire Resorts, Inc. reports announced that James Simon and Richard Robbins have been appointed to the Company's Board of Directors.
Empire Resorts reports results
7 Aug 2007
Empire Resorts, Inc. (NASDAQ: NYNY) announces financial results for the second quarter and six months ended June 30, 2007.
Lawsuit against Harrah's restarted
23 Jul 2007
News Brief: The St. Regis Mohawks and a trust representing some major shareholders in Empire Resorts recently restarted a federal lawsuit attempting to bag $3 billion from the casino giant Harrah's.
Empire Resorts launches website
3 Jul 2007
Empire Resorts, Inc. reports the debut of a new corporate website at Empireresorts.com.
Farm bureau drops out of lawsuit
22 May 2007
The Sullivan County Farm Bureau has decided to drop out of lawsuit against the St. Regis Mohawk Tribe and Empire Resorts Casino at Monticello Raceway project.
Catskills casino advocacy group launched
16 May 2007
News Brief: A group of community leaders from the Catskills, New York, has launched The Future of the Catskills Coalition to advocate on behalf of the St. Regis Mohawk Casino at Monticello Raceway and the region as the casino project nears the federal approval stage.
Empire Resorts wants larger cut of gaming revenue
8 May 2007
News Brief: With revenues plunging and losses mounting, Empire Resorts now wants a bigger slice of the video gaming pie.
Empire Resorts reports Q1 results
4 May 2007
mpire Resorts, Inc. reports net revenue for the first quarter was $18.4 million, down 19% from the $22.7 million reported in the first quarter of 2006.
Tribe, Empire Resorts join Monticello defense
23 Apr 2007
The St. Regis Mohawk Tribe and Empire Resorts, Inc. were granted full rights as an equal party to the federal government to assist in defense of the environmental review for the St. Regis Mohawk tribe's Monticello Raceway casino project in Sullivan County.
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