Empire Resorts, Inc.’s Montreign Operating Company Selected by the New York State Gaming Facility Location Board to Apply f...
18 December 2014 - 6:57AM
Business Wire
-Company is the Only Catskill/Hudson Valley
Applicant Eligible to Apply -
Empire Resorts, Inc. (NASDAQ-GM:NYNY) (“Empire”) today announced
that its wholly owned subsidiary, Montreign Operating Company, LLC
(“Montreign”), was selected in a unanimous vote by the New York
State Gaming Facility Location Board (“Board”) as the sole
Catskill/Hudson Valley Region One (“Region One”) casino applicant
eligible to apply to the New York State Gaming Commission (“Gaming
Commission”) for a Gaming Facility License. The Board announced
their selection of Montreign today after having initiated a Request
for Applications competitive process on March 31, 2104. The Gaming
Commission will award such Gaming Facility Licenses upon
confirmation of the applicants’ suitability and their respective
ability to complete the gaming facility.
“It’s a great day for Empire Resorts, the resilient residents of
Sullivan County, and our co-developer EPR Properties,” said Emanuel
Pearlman, Empire’s Chairman. “Today’s decision by the Board is an
important next step as we finalize our plans to attract tourism to
Upstate New York and create thousands of good paying jobs as well
as new revenue for local businesses. We thank the Board for their
hard work in vetting these applications, and their decision is very
much valued and appreciated. After receiving all final regulatory
approvals, we will break ground as soon as possible on what will
truly be a Catskills destination reborn.”
Empire ResortsCharles Degliomini, 845-807-0001Executive Vice
Presidentcdegliomini@empireresorts.com
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