Empire Resorts Casino Player Points Program to Benefit Local Businesses
08 May 2014 - 3:42AM
Business Wire
Empire Resorts, Inc. and its subsidiaries, (together with its
subsidiaries, “Empire”) (NASDAQ-GM:NYNY) today announced its
intention to launch a casino player points reward program, if
granted a gaming facility license (“Gaming Facility License”), that
can be utilized by Empire’s guests at eligible local community
businesses in Sullivan County and the Catskills region of upstate
New York. Player points will be earned by guests at Empire’s casino
--- to be located at Adelaar -- the four-season, $750 million
destination resort planned for Sullivan County – and will be able
to be redeemed at our player points reward program partner
businesses.
The Empire player points reward program will provide guests with
the opportunity to earn points for slot and table play, and if
permitted by the New York State Gaming Commission, guests will be
rewarded for enjoying hotel, dining, entertainment, and spa
experiences at Empire’s Gaming Facility as well. Empire intends for
the player points to be redeemable at local businesses throughout
the county and region. If permitted, this program would provide
Empire’s valued guests the opportunity to experience the wide
variety of excellent and diverse entertainment, retail and
hospitality options in Sullivan County and the Catskills, while
fostering economic growth for local businesses.
“After decades operating in the Catskills and three years
planning our Gaming Facility development in Sullivan County, our
commitment to the region is unquestionable. This program will allow
us to connect our guests to our community in a measureable way,”
said Empire’s CEO Joseph D’Amato. “Our casino and the entire
Adelaar destination resort will be part of the fabric of Sullivan
County and the region. We are looking forward to working with many
local business, and we are pleased to have this opportunity to
externalize our future success into our community. This program
represents the first of several significant steps we will take to
maximize our positive impact in Sullivan County and beyond.”
“Empire continues to show its unwavering support for the
community of Sullivan County” said Sullivan County Chamber of
Commerce President Cathy Paty. “This player points reward program
that can benefit our local businesses is just another example of
their level of engagement. This program will be impactful for local
businesses, and is a great chance to showcase much of what our
County has to offer.”
Empire will be conducting an information seminar in the near
future for local community businesses in Sullivan County and the
Catskills region of upstate New York to explain how the program
operates and how those businesses can become a part of the Empire
player points reward program.
Local business interested in being an Empire player points
reward program partner business should register their interest by
sending an email to communityoutreach@empireresorts.com.
Adelaar has in place essentially all of its approvals and
permits to enable Empire to commence construction immediately upon
the awarding of a Gaming Facility License to Empire. Such approvals
and permits include zoning, master development and environmental
approvals for the destination resort, as well as site plan,
infrastructure and permits to commence and complete the
state-of-the-art casino and resort core, indoor waterpark hotel,
and renovation of the 18-hole Monster golf course.
In addition, the Town of Thompson Board (“Thompson Board”)
recently voted in favor of supporting Monticello Raceway
Management, Inc.’s (“MRMI”) application to the New York State
Facility Location Board for a Gaming Facility License. MRMI – which
is a wholly-owned subsidiary of Empire – has signed a Labor Peace
Agreement with the New York Hotel and Motel Trades Council, and
MRMI’s construction manager has signed a Project Labor Agreement
with the Hudson Valley Building and Construction Trades
Council.
About Empire Resorts
Empire Resorts owns and operates, through its subsidiary
Monticello Raceway Management, Inc., the Monticello Casino &
Raceway, a harness racing track and casino located in Monticello,
New York, and is 90 miles from midtown Manhattan. Further
information is available at www.empireresorts.com.
Cautionary Statement Regarding Forward Looking
Information
This press release includes "forward-looking statements"
intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995. These
statements include statements about our plans, strategies,
financial performance, prospects or future events and involve known
and unknown risks that are difficult to predict. As a result, our
actual results, performance or achievements may differ materially
from those expressed or implied by these forward-looking
statements. In some cases, you can identify forward-looking
statements by the use of words such as "may," "could," "expect,"
"intend," "plan," "seek," "anticipate," "believe," "estimate,"
"predict," "potential," "continue," "likely," "will," "would" and
variations of these terms and similar expressions, or the negative
of these terms or similar expressions. Such forward-looking
statements are necessarily based upon estimates and assumptions
that, while considered reasonable by Empire and our management
team, are inherently uncertain. Factors that may cause actual
results to differ materially from current expectations include,
among others, levels of spending in business and leisure segments
as well as consumer confidence; plans for signing and closing on
definitive transaction documents; the construction commencement
date for the gaming facility; relationships with associates and
labor unions and changes in labor law; the financial condition of,
and our relationships with, third-party property owners and
hospitality venture partners; changes in the competitive
environment in our industry and the markets where we operate; the
timing of the receipt of regulatory and governmental approvals for
the development project, including the issuance of a Gaming
Facility License to us; changes in federal, state or local tax law;
general volatility of the capital markets and our ability to access
the capital markets to secure necessary financing. A more complete
description of these risks and uncertainties can be found in our
filings with the U.S. Securities and Exchange Commission. We
caution you not to place undue reliance on any forward-looking
statements, which are made as of the date of this press release. We
undertake no obligation to update publicly any of these
forward-looking statements to reflect actual results, new
information or future events, changes in assumptions or changes in
other factors affecting forward-looking statements, except to the
extent required by applicable laws. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
Empire Resorts, Inc.Charles Degliomini
845-807-0001cdegliomini@empireresorts.com
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